Jan. 23 (OE) Global ocean services provider DeepOcean has completed trenching and survey operations on inter-array cables for a U.S. offshore wind project. DeepOcean’s scope of work encompassed trenching and surveying of the inter-array cables that connect turbines to the offshore substations. These critical operations ensure the long-term protection and stability of the subsea cable... Continue Reading →
Installation of First Turbine Underway at Biggest US Offshore Wind Farm
Jan. 23 (offshoreWIND.biz) Wind turbine installation on Dominion Energy’s 2.6 GW Coastal Virginia Offshore Wind (CVOW) has started with the first of the project’s 176 Siemens Gamesa 14 MW wind turbines currently being erected. Virginia-based broadcaster WAVY reported on 21 January that a wind turbine tower was being installed at the CVOW site, next to the two... Continue Reading →
SLB tops quarterly profit estimate, plans $4 billion shareholder returns
Jan 23 (Reuters) - SLB beat Wall Street estimates for fourth-quarter profit on Friday, as the world's top oilfield services provider benefited from the ChampionX acquisition and unveiled plans to return $4 billion to shareholders this year. The company closed the $7.75 billion all-stock acquisition of ChampionX last July, adding production chemicals and artificial lift technologies... Continue Reading →
Exxon to continue developmental drilling operations at Liza well site
Jan. 22 (oilnow.gy) ExxonMobil Guyana Limited (EMGL) will continue developmental drilling operations at the Liz_3P13 Drill Center, part of the Liza Phase 2 Project in the Stabroek Block, according to a Notice to Mariners issued by the Maritime Administration Department (MARAD) this week. The drilling campaign commenced on January 18, 2026, and will conclude on... Continue Reading →
TMC to Deliver Equipment for Mexico-Bound FSO
Jan. 22 (OE) TMC Compressors has secured a contract by COSCO Shipping Heavy Industry to deliver a complete marine compressed air system to SBM Offshore’s newbuild floating storage and offloading (FSO) unit Chalchi. The FSO Chalchi is bound for deployment at the Trion deepwater oil field, offshore Mexico, operated by Mexcian unit of Australia’s oil... Continue Reading →
Global Installation Vessel Fleet Could Enable Up to 400 GW of Offshore Wind by 2030, but More Newbuilds Needed Outside China – Study
Jan. 22 (offshoreWIND.biz) The global fleet of offshore wind installation vessels could support achieving up to 400 GW of offshore wind capacity by 2030, provided that additional vessels are ordered and deployed, alongside supportive market conditions, according to a scenario study by the Kuehne Climate Center. The study also shows that, looking globally, newbuild investments... Continue Reading →
Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards
Jan. 21 (OE) Offshore drilling contractor Seadrill has secured multiple contract awards for its West Capella, West Elara and West Carina drilling rigs across Malaysia, Norway and Brazil. In Malaysia, the ultra-deepwater drillship West Capella secured a well-based contract with an undisclosed operator. The program is expected to start in the second quarter of 2026... Continue Reading →
Halliburton beats fourth-quarter profit estimates on steady international demand
Jan 21 (Reuters) - Halliburton surpassed analysts' expectations for fourth-quarter profit on Wednesday, on the back of steady demand for its services and equipment in international markets. Shares of the oilfield services company rose nearly 2.6% in premarket trading. The Houston-based company, which kicked off the earnings season for U.S. oilfield services providers, has focused on... Continue Reading →
Veolia and SBM Offshore to Develop Floating Desalination Platform
Veolia and SBM Offshore have signed a Memorandum of Understanding to develop and deploy innovative freshwater floating production units (FPUs), combining advanced reverse osmosis desalination technology with proven offshore engineering expertise to offer a sustainable, ocean-based solution to address global water demand. As water scarcity increasingly impacts business continuity and regional stability, securing reliable freshwater... Continue Reading →
MODEC Hires DOF for Mooring Job at ExxonMobil’s Oil Project off Guyana
Jan. 19 (OE) DOF Group has secured a large turn-key contract by MODEC Guyana to carry out mooring pre-lay work for the Hammerhead floating production, storage and offloading vessel (FPSO) unit, set for deployment at ExxonMobil’s project offshore Guyana. Under the contract, DOF’s North America subsea team will deliver project management, engineering, procurement, logistics, transportation... Continue Reading →