Offshore News

Borr Drilling Buys Paratus' Jack-Up Fleet for Mexican Market

Published Jul 29, 2026 8:50 PM by The Maritime Executive

Oslo-listed Borr Drilling has acquired five jack-up rigs from the former Seadrill fleet through its joint venture vehicle in the M...

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Eni and TotalEnergies Give Green Light for Cyprus' Cronos Gas Project

Published Jul 28, 2026 4:55 PM by The Maritime Executive

Eni and TotalEnergies have taken a final investment decision (FID) on the Cronos gas project off the coast of Cyprus, a unique tra...

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Broken Wind Turbine Blade in North Sea Was a Menace to Shipping

Published Jul 28, 2026 2:19 PM by The Maritime Executive

German police report they were able to recover a broken wind turbine blade that was drifting in the North Sea, creating a signific...

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UK Launches Accelerated Auction for Abandoned Offshore Wind Site

Published Jul 27, 2026 6:57 PM by The Maritime Executive

In what is seen as a key test for the UK’s offshore wind energy development plans, The Crown Estate announced that it is launching...

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Sweden Permits Two Offshore Wind Farms, Denies 11 Due to Defense Concerns

Published Jul 16, 2026 7:04 PM by The Maritime Executive

While saying that Sweden needs to develop new power sources and critically green power to remain competitive, the government had n...

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FPSO Will Validate Wind-Assisted Kite Traction Towing on Trip to Suriname

Published Jul 16, 2026 6:22 PM by The Maritime Executive

A novel project looks to validate the potential of kite sails for vessels as part of a towing operation to position a massive new...

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Kuwait Reports Attack on Offshore Oil Platform as US and Iran Trade Fire

Published Jul 12, 2026 4:05 PM by The Maritime Executive

Kuwait's ministry of defense has reported a drone attack on an offshore drilling platform operated by the state-owned Kuwait Petro...

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China Begins to Return to the World Oil Market

Published Jul 8, 2026 10:16 PM by The Maritime Executive

China's withdrawal from the global oil market was one of the biggest surprises of the Strait of Hormuz shutdown. Shortly after Ira...

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Equinor Buys Out BP's Stake in Bay du Nord Project off Newfoundland

Published Jul 7, 2026 6:22 PM by The Maritime Executive

Equinor has bought out the interests of its partner BP in the Bay du Nord offshore field off the coast of Newfoundland and Labrado...

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China Deploys First 16MW Floating Offshore Wind Tension-Leg Platform

Published Jun 30, 2026 5:38 PM by The Maritime Executive

China continues its developments, placing it at the forefront of the offshore wind energy sector. In the latest development, offic...

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