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Offshore

Blackstone weighs $5Bn exit from Beacon Offshore

Blackstone is considering options for Beacon Offshore Energy, including a sale valued at more than $5 billion and a possible IPO, as the company brings new Zephyrus wells onstream in the US Gulf.

North Sea States Eye 100GW Joint Offshore Wind Build

North Sea states plan to endorse a declaration in Hamburg committing to 100GW of joint offshore wind by 2050, while boosting security cooperation around offshore energy infrastructure, according to a draft reported by Bloomberg.

Aneo to Buy RWE’s Swedish Wind Assets

Nordic-based Aneo has agreed to acquire RWE’s Swedish wind business, taking over offshore wind farm Karehamn, a 1.8 GW onshore development pipeline and 124 MW of operating onshore capacity.

Offshore Wind Fleet Can Deliver 400 GW by 2030

A new study finds the offshore wind installation fleet could support around 400 GW of bottom-fixed capacity by 2030, but significant vessel newbuild investment is needed outside China.

First Turbine Up at Largest US Offshore Wind Farm

Dominion Energy has begun installing the first Siemens Gamesa 14 MW turbine at the 2.6 GW Coastal Virginia Offshore Wind project, after a court injunction cleared the way for construction to continue.

Murphy Oil stays on course off Côte d’Ivoire

Murphy Oil is continuing its offshore campaign off Côte d’Ivoire after the Civette well on Block CI-502 found hydrocarbons below commercial levels, with attention now turning to the Caracal and Bubale prospects.

Seatrium and Cochin Shipyard representatives sign MoU for offshore cooperation in India and Asia

DolWin 5 Dispute Heads to SCC Arbitration

A consortium dispute on DolWin 5 moves to SCC arbitration, with claims over scope responsibilities and cost allocation while work continues and delivery remains targeted for 2026.

Stena Drilling and Keystone Sign Digital Well MoU

Stena Drilling and Keystone have signed an MoU to co-develop an automation-driven well delivery approach, combining digital well planning with offshore operational expertise to improve drilling outcomes.

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