Latest Offshore Energy News

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RemSense Technologies has secured a follow-up contract with ExxonMobil to deliver advanced digital twin solutions at the Bass Strait facility, reinforcing its role in the energy sector’s digital transformation.
Maxwell Dee
Maxwell Dee
22 Dec 2025
Finder Energy has acquired the Petrojarl I FPSO from Amplus Energy for US$15 million, aiming to fast-track its KTJ oil development project with a targeted final investment decision by mid-2026 and first oil by the end of 2027. This move is supported by a two-tranche institutional placement raising A$25 million at a 21.3% discount.
Maxwell Dee
Maxwell Dee
3 Dec 2025
Bhagwan Marine has locked in a five-year, $75 million contract for its Coral Knight vessel with Jadestone Energy, reinforcing its foothold in Australia's offshore energy sector.
Maxwell Dee
Maxwell Dee
3 Dec 2025
3D Energi has confirmed a promising gas-condensate find at the Essington-1 well using innovative Ora formation testing, marking the technology's Australian debut and setting the stage for further exploration in the Otway Basin.
Maxwell Dee
Maxwell Dee
27 Nov 2025
MEC Resources has advanced its investment in Advent Energy and issued shares to directors, while its PEP 11 Joint Venture faces ongoing legal scrutiny ahead of a Federal Court hearing.
Maxwell Dee
Maxwell Dee
31 Oct 2025
SRJ Technologies has landed a US$269,000 contract to supply its BoltEx flange integrity solution to a leading FPSO operator offshore Guyana, marking a strategic foothold in a key offshore energy market.
Maxwell Dee
Maxwell Dee
31 Oct 2025
Triangle Energy and its joint venture partners have been awarded two offshore service contracts in the underexplored Sandakan Basin, Philippines, holding significant contingent gas and condensate resources. These contracts mark a strategic expansion into a promising region with multi-TCF exploration upside.
Maxwell Dee
Maxwell Dee
10 Oct 2025
RemSense Technologies has landed its inaugural contract with Shell Energy to deploy its virtualplant platform for offshore facility commissioning, marking a pivotal step in its global expansion.
Maxwell Dee
Maxwell Dee
11 Sept 2025
Bhagwan Marine Limited has delivered a strong first year as an ASX-listed company with record net revenue and EBITDA growth, alongside its inaugural dividend declaration. The company is advancing growth in offshore energy, subsea, ports, and defence sectors while investing in innovation and fleet expansion.
Victor Sage
Victor Sage
29 Aug 2025
Bhagwan Marine Limited has reported record financial results for FY25, driven by strong growth across its core marine services and new sectors. The company also declared its inaugural fully franked dividend, signaling confidence in its strategic direction.
Victor Sage
Victor Sage
29 Aug 2025
Bhagwan Marine Limited reported a robust 5.3% revenue increase and a striking 125% surge in net profit for FY25, announcing its inaugural fully franked dividend.
Victor Sage
Victor Sage
29 Aug 2025
Matrix Composites & Engineering Ltd posted a 12.1% revenue decline to $74.77 million for FY25, reporting a net loss of $2.2 million as subdued drilling buoyancy markets weighed on results despite strong growth in subsea buoyancy products.
Victor Sage
Victor Sage
27 Aug 2025