GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES
On 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 UltraTugAF 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 DecomSaipem has been awarded an additional offshore contract (Contract Release Purchase Order or CRPO) in Saudi Arabia under its existing Long-Term Agreement with Aramco.
[Read more…] about Saipem awarded new offshore contract in Saudi ArabiaMISC has secured a Bareboat Charter and O&M Contract for 15Y firm + 15Y options, to build and operate Papua New Guinea’s first floating storage and offloading vessel for ExxonMobil.
[Read more…] about MISC to build new FSO for ExxonMobilBorr Drilling reported a series of recent contract extensions and new assignments for several of its jack up drilling rigs.
[Read more…] about Borr Drilling secures new jack up work and extensionsTullow Oil has signed a sale and purchase agreement to acquire the Prof. John Evans Atta Mills floating production, storage and offloading (FPSO) vessel for $205 million.
[Read more…] about Tullow acquires Ghana’s TEN FPSOTürkiye said on Thursday it opposed Greece’s unilateral activities in energy fields south of Crete with a consortium led by U.S. major Chevron as a violation of international law and good neighbourly relations.
[Read more…] about Türkiye objects to Greece’s Chevron energy dealGazpromNeft announces that it has discovered the largest oil field in Yamal in 30 years.
[Read more…] about Discovery of largest oilfield in YamalSuriname is advancing a dual-track gas strategy in Block 52 as it moves towards offshore production, according to Annand Jagesar, managing director of the state-owned oil company Staatsolie.
[Read more…] about Suriname advancing dual-track gas strategy in Block 52South Korea’s offshore wind sector is facing a crisis as major developers abandon massive projects like the 2.37 GW Chuja Island site due to soaring costs.
[Read more…] about South Korea’s offshore wind sector is facing crisis
