Fugro Q3 2025 EBITDA Drops as Offshore Wind Weakness and Project Delays Persist
31, October 2025
Fugro’s Q3 2025 EBITDA dropped 23% to €108.6 million as offshore wind weakness and oil & gas delays pressured results.
Offshore
No Bids Filed for Nederwiek I-A Offshore Wind Farm as Costs Rise and Demand Falls
31, October 2025
The Netherlands faces a setback in offshore wind expansion as no bids were submitted for the Nederwiek I-A site in the North Sea.
Prosafe’s Safe Caledonia Extension Confirmed for Captain Field Operations
31, October 2025
Prosafe confirmed that Ithaca Energy exercised a two-week option for the Safe Caledonia at the Captain field, keeping the TAMS semi-submersible ASV in service until mid-December 2025.
GO Offshore and Dong Fang Offshore Sign MoU for Offshore Vessel Cooperation
30, October 2025
GO Offshore and Dong Fang Offshore sign MoU to cooperate on offshore wind and oil & gas vessel projects in Australia and Asia-Pacific.
Lukoil Accepts Gunvor’s Offer to Acquire Its International Assets Amid Sanctions Pressure
30, October 2025
Lukoil has accepted Gunvor’s offer to buy its international unit, Lukoil International, after sanctions triggered its divestment process.
Equinor Secures Barents Sea Drilling Permit Using COSL Prospector Rig
30, October 2025
Equinor has received regulatory clearance from Norway’s Offshore Directorate to drill the Vikingskipet prospect in the Barents Sea using the COSL Prospector rig.
Transocean Equinox Rig Mobilizes to Essington-1 Gas Exploration Well Offshore Australia
30, October 2025
Transocean’s Equinox semisubmersible rig is en route to the Essington-1 gas exploration well under ConocoPhillips’ Otway program, marking the start of a key offshore drilling phase in the VIC/P79 block off Australia.
Excelerate Energy Signs $450 Million Agreement to Develop Iraq’s First LNG Regasification Terminal
29, October 2025
Excelerate Energy has signed a $450 million deal with Iraq’s Ministry of Electricity subsidiary to build the country’s first LNG regasification terminal at Khor al-Zubair using its new FSRU Hull 3407.
Noble Resolute Secures One-Year Eni Contract in Dutch North Sea
29, October 2025
Noble’s 350-ft jackup Noble Resolute has been awarded a one-year contract with Eni in the Dutch North Sea, marking its return to active duty after completing work with TotalEnergies.
