News
Chevron Sells Stake in Two Angola’s Offshore Blocks to Energean for $260M
23+ hour, 43+ min ago (380+ words) Energean has agreed to acquire Chevron's interests in two producing offshore blocks in Angola, marking the company's entry into the West African upstream sector. The agreement covers Chevron's 31% operated interest in Block 14 and a 15.5% non-operated interest in Block 14K. The assets…...
Glamox Secures Offshore Lighting Deal for 390MW Korean Wind Farm
1+ day, 20+ hour ago (296+ words) Published Mar 11, 2026 8:10 am ET Lighting company Glamox has secured a contract to supply marine lighting systems for the Shinan Ui offshore wind farm, set to become South Korea's largest offshore wind project. The contract was awarded by SHE on behalf…...
TotalEnergies, Repsol and Shell Bring Lapa South-West Online off Brazil
1+ day, 21+ hour ago (315+ words) Published Mar 11, 2026 6:51 am ET TotalEnergies and its partners Repsol and Shell have started production from the Lapa South-West project in Brazil's Santos Basin. Located approximately 300 km offshore, the project consists of three wells tied back to the existing Lapa floating…...
Spain Eyes First Offshore Wind Tender This Year
1+ day, 22+ hour ago (65+ words) Spain Eyes First Offshore Wind Tender This Year'Offshore Engineer Magazine Published Mar 11, 2026 6:07 am ET Spain hopes to have its first offshore wind tender this year with a target of 3 GW, Energy minister Sara Aagesen said on Wednesday. She had already…...
Exail Supplies LBL Positioning Systems for Deepwater Projects in Brazil and Angola
2+ day, 9+ hour ago (304+ words) Exail Supplies LBL Positioning Systems for Deepwater Projects in Brazil and Angola'Offshore Engineer Magazine Exail Supplies LBL Positioning Systems for Deepwater Projects in Brazil and Angola Exail is supplying over 70 acoustic transponders and integrated navigation suites for two major deepwater…...
Gulf of Mexico Auction Yields Far Fewer Bids Than First Trump Sale
2+ day, 4+ hour ago (261+ words) Published Mar 11, 2026 12:07 am ET The sale comes as a U.S. war with Iran has disrupted global crude flows and sent oil prices to four-year highs. Of the 15,000 blocks offered by the U.S. Bureau of Ocean Energy Management, 25 received bids, according to the…...
Study Finds Seabirds Avoid Turbines at Aberdeen Offshore Wind Farm
2+ day, 22+ hour ago (282+ words) Published Mar 10, 2026 6:36 am ET A new study conducted at Vattenfall's Aberdeen offshore wind farm found no confirmed bird collisions during 19 months of monitoring, suggesting seabirds largely avoid turbine blades. The research was carried out in collaboration with biodiversity technology company…...
OSV Market: Asia Pacific Downshifts for the Long Haul
3+ day, 13+ hour ago (183+ words) Michelle Yeo, Market Analyst at Fearnley Offshore Supply Published Mar 9, 2026 3:35 pm ET 2025 was a year of recalibration, continuing the softness experienced since the fourth quarter of 2024. Rather than a slowdown, this period can be better described as a collective deep…...
MOL Enters European Offshore Wind CSOV Market
3+ day, 21+ hour ago (260+ words) Published Mar 9, 2026 7:04 am ET Mitsui O.S.K. Lines (MOL) has agreed to jointly own two commissioning service operation vessels (CSOVs) with Cyprus-based shipping company Schoeller Holdings, marking the Japanese company's first entry into the European offshore wind support vessel market. The vessels…...
Aramco Launches Rare Oil Tenders as Iran War Disrupts Exports
3+ day, 23+ hour ago (301+ words) Published Mar 9, 2026 5:42 am ET Saudi Aramco has offered more than 4 million barrels of Saudi crude in rare tenders as the U.S.-Iran conflict disrupted exports from the Middle East, several traders said. In a tender that will close at 5 p.m. Beijing time…...