VesselsĀ & RigsĀ Market

NKT brings first cables ashore on €3.1 billion Spain-France power link (Gallery)

Denmark-headquartered power cable manufacturer and installation company NKT has completed the first cable pull-ins at Lemóniz in northern Spain, marking what it describes as...

NKT brings first cables ashore on €3.1 billion Spain-France power link (Gallery)

Denmark-headquartered power cable manufacturer and installation company NKT has completed the first cable pull-ins at Lemóniz in northern Spain, marking what it describes as...

Petrobras awards $62 million job in Brazil to Solstad’s 2008-built CSV

Brazilian state-owned energy company Petrobras has booked an 18-year-old construction support vessel (CSV), owned by Solstad Maritime (SOMA), on a long-term, multimillion-dollar assignment off...

Oceaneering-Astro Offshore pact targets integrated subsea growth

Dubai-based offshore vessel specialist Astro Offshore and Houston-headquartered subsea technology and services provider Oceaneering International are joining forces to target integrated offshore and subsea...

SLB takes on FEED work to advance North Sea CO2 storage project toward FID

U.S.-headquartered technology player SLB has been hired to help move a large-scale CO2 storage project in the Norwegian sector of the North Sea toward...

American Bureau of Shipping subsidiary hit with $59.4M Cotemar claim in New York after two court losses

Mexican offshore services company Cotemar has launched an enforcement action in New York, seeking $59.4 million from ABSG Consulting, a U.S. government contractor and...

Arabian Drilling set to kick off rig ops offshore Oman before quarter-end

Arabian Drilling, described as Saudi Arabia’s largest onshore and offshore drilling contractor by fleet size, has expanded its footprint in the Gulf Cooperation Council...

North Sea decom campaign retires trio of gas wells in UK waters

Spirit Energy, a North Sea operator, has finished a multimillion-dollar decommissioning campaign in the UK sector of the North Sea, plugging and abandoning (P&A)...

MODEC’s FPSO reaches Guyana as ExxonMobil’s fifth oil project nears start-up

Japan’s MODEC has announced the arrival of a floating production, storage, and offloading (FPSO) vessel in Guyanese waters ahead of its deployment on a...

DeepOcean deploys robotics for diverless subsea tie-in at North Sea oil & gas development

Norwegian ocean services provider DeepOcean has completed subsea tie-in work using diverless technology for an oil and gas development tied back to an existing...

Transocean’s 16-year-old drillship lands $300M job with India’s ONGC

Switzerland-based offshore drilling contractor Transocean hasĀ won a new long-term assignment for a 2010-built ultra-deepwater drillship with India’s government-owned energy giant Oil and Natural Gas...

All Arabian Drilling’s offshore rigs set to return to work by quarter-end

Arabian Drilling, said to be Saudi Arabia’s largest onshore and offshore drilling contractor by fleet size, has been cleared to bring its remaining suspended...

Lloyd’s Register assists with LNG carrier-to-FSU conversion for African gas project

UK-based classification society Lloyd’s Register (LR) is supporting the life extension of a liquefied natural gas (LNG) carrier (LNGC) being repurposed into a floating...

Genco and Diana fire parting shots as Diana withdraws acquisition offer

Diana calls Genco’s counter proposals ā€˜completely disconnected from reality’ in what Genco calls a ā€˜misleading characterisation’ After months of accusing Genco Shipping & Trading of...

73 years in the making: Petrobras’ oil field exceeds 4 billion barrels as Brazil’s pre-salt turns 20

Brazil’s state-owned energy giant Petrobras has notched a new production milestone, with one of its oil fields surpassing 4 billion barrels of cumulative output...

73 years in the making: Petrobras’ oil field exceeds 4 billion barrels as Brazil’s pre-salt turns 20

Brazil’s state-owned energy giant Petrobras has notched a new production milestone, with one of its oil fields surpassing 4 billion barrels of cumulative output...

Deploys Olympus and Artemis vessels to support strategic offshore operations in the Gulf of Mexico

Cotemar, a global company and one of the leading providers of integrated services for Mexico’s oil and gas industry, has deployed its offshore vessels...

Nigeria’s new tax breaks put $50 billion deepwater oil & gas projects back in play

Nigeria is targeting a revival of deepwater investment with new tax incentives designed to unleash up to $50 billion in delayed oil and gas...

CMB.Tech sells Suezmax Bristol as 2026 disposals top $626m

CMB.Tech announced it has sold the 2024-built Euronav Suezmax Bristol for a capital gain of around $56.9m. The deal is far from the first time...

Asian port congestion forcing container lines back to the Red Sea

Container ship capacity delayed in Asia following a series of tropical storms has reached 2.4 million teu and has seen carriers revert services to...

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