EnerMech Lands Kraken FPSO Deal
25, March 2026
EnerMech has won a five-year contract from Bumi Armada to provide crane management and lifting services on the Armada Kraken FPSO in the UK North Sea.
Offshore
Bilfinger Expands Role on Poland Offshore Wind Build
25, March 2026
Bilfinger has secured the offshore supervision scope for Bałtyk 2 and Bałtyk 3, overseeing substation and turbine installation, export cable laying, and landfall works for the 1,440 MW Polish Baltic Sea wind projects.
EU Approves Danish Aid for Hesselø, North Sea I Mid
24, March 2026
The European Commission has approved a €5 billion Danish State aid scheme for the Hesselø and North Sea I Mid offshore wind farms, supporting up to 1.8 GW of new capacity through a capability-based two-way CfD model over 20 years.
SBM Offshore secures sixth Guyana FPSO award from ExxonMobil
24, March 2026
Borr Drilling has agreed to acquire five jackup rigs in Mexico through a new joint venture with CME, adding Fontis Energy’s drilling operations and fleet to its regional position.
Borr Drilling Adds Five Jackups in Mexico
24, March 2026
Borr Drilling has agreed to acquire five jackup rigs in Mexico through a new joint venture with CME, adding Fontis Energy’s drilling operations and fleet to its regional position.
Ofgem Shortlists Five OFTO Bidders
24, March 2026
Ofgem shortlisted five bidders for offshore transmission assets serving East Anglia 3, Inch Cape and Dogger Bank C, with a combined estimated value of £3.5 billion.
Vestas Builds Korea Offshore Wind O&M Base
24, March 2026
Vestas, KPS and KMC Line signed an MoU to support offshore wind O&M in South Korea through technician training, workforce development and project cooperation.
Equinor, Rio Energy Buy Brazil Wind Project
24, March 2026
Equinor, through Rio Energy, has acquired the 230 MW Esquina do Vento wind project from Vestas in Brazil, with Vestas set to supply 51 turbines and provide 30 years of operations and maintenance services.
Egypt Gas Campaign Nears Start With Valaris Drillship
24, March 2026
Arcius Energy is set to begin a two-well offshore gas drilling program in Egypt’s Mediterranean waters, supported by the drillship Valaris DS-12 as the country expands exploration in 2026.
