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A 1986-built floating production, storage, and offloading (FPSO) vessel has arrived at a shipyard in Tenerife, which is part of Spain and the largest of the Canary Islands in the Atlantic Ocean. This unit has lined up for an assignment at two oilfields off the coast of Timor-Leste in Southeast Asia. The post WATCH: 40-year-old FPSO comes to Spanish shipyard ahead of work in Southeast Asia appeared first on Offshore Energy.

Swedish tidal energy developer Minesto has signed a memorandum of understanding (MoU) with Haf-Afl, […] The post Swedish tidal energy developer makes move into Iceland appeared first on Offshore Energy.

With the completion of a multimillion-dollar sale deal, Seatrium has handed over a shipyard in Texas to Karpower Valley, a related party of Türkiye’s floating power plant company Karpowership, to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities. The post Karpowership’s affiliate dishes out millions to take over Seatrium’s US shipyard appeared first on Offshore Energy.

South Korean Taihan Cable & Solution has finalized the construction of a dedicated cable […] The post South Korean 640 kV HVDC cable test center ready for business appeared first on Offshore Energy.

Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, is approaching the finish line for the activities related to the hook-up of a mobile offshore production unit (MOPU) and a floating storage and offloading (FSO) unit at an oil field off the coast of Benin that has been offline since the late 1990s. The post Drilling done: MOPU and FSO hook-up in motion at African oil field appeared first on Offshore Energy.

Italian cabling giant Prysmian has been confirmed as the supplier of the high-voltage direct […] The post Prysmian wins €2.3B contract for link that ‘supports Britain’s future energy system’ appeared first on Offshore Energy.

Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has secured a contract […] The post Cyprus-flagged vessel stays in Western Hemisphere for another three months appeared first on Offshore Energy.

With contracting opportunities still on the uptick in spite of potential softer energy prices, Noble Corporation, a U.S.-headquartered offshore drilling giant, has pinpointed the Gold Triangle, the U.S. Gulf, South America, and West Africa as the key regions that will drive its floater demand growth. As Suriname and Colombia remain in the lead for frontier activity areas, the Asia Pacific opportunities in Brunei and Australia are anticipated to add diversification. The post Exclusive interview with Noble: Tight rig demand on 2026 horizon – Golden Triangle and US Gulf as core growth regions appeared first on Offshore Energy.

Yanmar Power Solutions, a subsidiary of Japan’s industrial diesel engine and machinery manufacturer Yanmar […] The post Japanese hydrogen 4-stroke high-speed engine receives double ClassNK approval appeared first on Offshore Energy.

AG&P Industrial, a subsidiary of Singapore’s AG&P Group, has joined forces with Pragati Infra Solutions (PISL), an engineering, procurement, and construction (EPC) and infrastructure development company, to establish India’s first advanced modular EPC and fabrication manufacturing facility in Andhra Pradesh. The post Asian duo shakes hands on setting up modular EPC and fabrication manufacturing shop in India appeared first on Offshore Energy.