GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
OceanSTAR Elite (OSE) has successfully entered into a long-term contract with PETRONAS Carigali for the Provision of Lease, Operation and Maintenance of a Floating Production Storage and Offloading (FPSO) unit.
[Read more…] about OSE secures FPSO Sepat Project from PETRONASSaipem’s planned acquisition of the drillship Deep Value Driller has been called off, as owner Deep Value Driller has now entered into a binding agreement to sell the 7th generation rig to Eldorado Drilling for $300 million.
[Read more…] about Deep Value Driller decides not to finalize agreement with SaipemSeawind Asia has received official grid connection agreements for three offshore wind projects in the Philippines: Frontera Bay (450 MW), Guimaras Strait (600 MW), and Guimaras Strait 2 (600 MW).
[Read more…] about Seawind Asia secures grid connection agreements in PhilippinesUK-registered Novastar Energy Holdings, a wholly owned subsidiary of UAE-based HEA Energy, has been awarded a vessel contract supporting the construction of the 1.5 GW Baltica 2 offshore wind farm in Poland.
[Read more…] about Novastar Energy secures contract for Poland’s Baltica 2 OWPVaalco Energy reported initial production of approximately 2,000 bopd from a new development well offshore Gabon and confirmed operatorship of a potentially material offshore project in Côte d’Ivoire.
[Read more…] about Vaalco takes 60% stake in 102-MMboe West Africa fieldOn 22 February 2026, Tidewater acquired Wilson Sons Ultratug and Atlantic Offshore Services in an all-cash deal valued at approximately $500 million, including the assumption of roughly $261 million in debt.
[Read more…] about Tidewater announces all-cash acquisition of Wilson Sons UltraTugTechnip Energies, in partnership with JGC Corporation and Samsung Heavy Industries, has been awarded a contract by Mozambique Rovuma Venture for the Coral Norte Floating LNG project, offshore Mozambique.
[Read more…] about Award for Coral Norte FLNGØrsted appointed David Taeseung Yoo as South Korea Country Manager.
[Read more…] about New South Korea country manager for ØrstedAF Offshore Decom has been awarded a new contract by Heerema Marine Contractors (HMC) for the onshore reception, dismantling, and recycling of a production platform from the UK sector of the North Sea.
[Read more…] about Contract award for AF Offshore DecomCyan Renewables, LX International and Blue Water Shipping have entered into a landmark Memorandum of Understanding (MOU) to collaborate on the development of a next‑generation offshore wind marshalling port facility in Dangjin.
[Read more…] about MOU to develop South Korea dedicated marshalling offshore wind port
