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APAC offshore EPC investment set to rise in 2026: Westwood
29 Nov 2025 05:15 GMT
APAC’s offshore engineering, procurement and construction (EPC) spending in 2026 is expected to total US$7.7 billion, up from US$2.7 billion this year, according to consultancy Westwood Global Energy.
The UK-headquartered consultancy forecast that Asia- …
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COSL rig good to go on Barents Sea oil & gas drilling quest
28 Nov 2025 12:27 GMT
Norwegian authorities have signed off on exploration drilling activities Norway’s oil and gas player Vår Energi is planning to undertake in the Barents Sea, with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.
COSL …
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North Sea drilling ops with COSL rig get blessed by the powers that be
28 Nov 2025 12:27 GMT
Norway’s state-owned energy giant Equinor has checked off the list the Norwegian authorities’ green light for drilling activities in the Norwegian sector of the North Sea, which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, …
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One Fund Just Dumped $13 Million in This Offshore Drilling Stock — Here's What Long-Term Investors Should Know
28 Nov 2025 07:48 GMT
… is a leading provider of offshore drilling services, leveraging a diverse … each quarter.
Drillship: A ship equipped for offshore drilling of oil and gas wells, … capable of operating in deep water.
Semisubmersible …
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Offshore wind: The evolution of foundations and reducing costs
27 Nov 2025 15:03 GMT
Foundations for offshore wind turbines are changing in line with the innovations in technologies, with Scotland demonstrating what can be achieved with ambition and ingenuity.
Traditionally, offshore wind structures have been fixed-bottom models. This …
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More work for Floatel’s 2015-built vessel with Norwegian oil & gas player
21 Nov 2025 18:10 GMT
Floatel International, an offshore accommodation provider, has won a new assignment for a ten-year-old semi-submersible accommodation vessel off the coast of Norway.
Floatel International has secured a contract with Norway’s Aker BP, which will enable the …
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Ocean Winds to Develop Third Floating Offshore Wind Site in the Celtic Sea
25 Nov 2025 08:23 GMT
The site is one of three that were offered in Offshore Wind Leasing Round 5, with the other two sites previously awarded in June 2025. The third site went through a direct award process led by The Crown Estate, with Ocean Winds ultimately being successful. …
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Nordseecluster A Substation Foundations Installed Offshore Germany
24 Nov 2025 15:51 GMT
The foundations for the two offshore substations have been installed at the Nordseecluster offshore wind farm site in the German North Sea.
Source: Sven Utermöhlen, CEO of RWE Offshore Wind, via LinkedIn
According to the CEO of RWE Offshore Wind, Sven …
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One-year encore for Odfjell Drilling’s rig with Norwegian oil & gas operator
19 Nov 2025 14:53 GMT
Odfjell Drilling, a 52-year-old offshore drilling player, has secured a contract extension with Norway’s oil and gas player Aker BP for a 2019-built semi-submersible rig, which is on a drilling assignment on the Norwegian Continental Shelf (NCS).
Deepsea …
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Offshore Wind Developer Gets DNV Concept Certification for Floating Foundation Design
22 Nov 2025 03:29 GMT
BayWa r.e. has received concept certification from DNV for its BayFloat floating wind semi-submersible concrete substructure and mooring system design. The design was validated using the 22 MW generic reference turbine “IEA-22-280-RWT”.
The certification …