Assets News


Shell-Equinor JV Enlists Shearwater for 4D Streamer Survey in North Sea

Jun 22, 2026

Shearwater Geoservices has been awarded a 4D towed‑streamer seismic acquisition project for the Mariner field in the UK North Sea by Adura Operations, a joint venture between Shell and Equinor.The one-month survey will start in July 2026 and…

Irish Consultancy Opens Its Doors for Offshore Wind, Subsea Markets

Jun 19, 2026

A new engineering design and commercial advisory company focused on offshore wind, subsea transmission and marine infrastructure projects has launched in Ireland under the name of Insight Marine, targeting growing demand for specialist support across the global maritime sector…

Valeura Concludes Nong Yao Drilling Ops, Boosts Gulf of Thailand Production

Jun 19, 2026

Valeura Energy has completed an eight-well drilling campaign at the Nong Yao field in the Gulf of Thailand, increasing production and successfully delivering its first multi-lateral development well.The campaign at the offshore field included…

DeepOcean Gets BP’s Foinaven Subsea Decommissioning Job

Jun 18, 2026

Ocean services provider DeepOcean has secured a contract by BP to remove subsea infrastructure from the Foinaven oil field west of Shetland as part of the decommissioning of the UK offshore asset.The scope of work includes the recovery of ten flexible process risers…

Aramco Explores Asset Sales in Multi-Billion Dollar Fundraising Push

Jun 18, 2026

Saudi Aramco is considering the sale of a stake in its sulphur business, three sources with knowledge of the matter told Reuters, extending a strategy of tapping its infrastructure assets to raise tens of billions of dollars.Aramco, the crown jewel of the world's largest crude exporter…

Equinor, Partners Agree Concept for Large Subsea Tieback Scheme in North Sea

Jun 18, 2026

Equinor and its partners have agreed on a development concept for the Ringvei Vest project in the Norwegian North Sea, advancing plans for a large subsea tieback development that could recover an estimated 240 million barrels of oil equivalent…

Post-War Gulf Faces Push for Alternative Export Routes

Jun 18, 2026

Middle East oil producers face a reckoning. The Iran war exposed the dangers of relying on a single chokepoint for vital oil and gas exports, leaving Gulf governments with a clear strategic imperative: diversify – at all costs.An Iranian blockade…

Vår Energi Reshapes NCS Portfolio with Acquisitions, Swaps and Asset Sales

Jun 18, 2026

Norwegian oil and gas producer Vår Energi has agreed a series of transactions on the Norwegian Continental Shelf that will strengthen its position in core producing hubs, increase ownership in key development projects and provide greater flexibility in capital allocation…

PRIO Brings Fourth Wahoo Well Online, Completes Planned Producer Rollout

Jun 17, 2026

Brazilian independent oil and gas producer PRIO has brought the fourth producer well at the Wahoo field online, completing the planned producer well rollout for the offshore development.The company said production from the fourth well has stabilized at 10…

Kosmos Closes $127M Equatorial Guinea Assets Sale to Panoro

Jun 17, 2026

Kosmos Energy has completed the sale of its interests in the Ceiba Field and Okume Complex production assets in Block G offshore Equatorial Guinea to Panoro Energy, as the company continues to streamline its portfolio and strengthen its balance sheet…

Current News

Fugro Secures India Deepwater Drilling ROV Contract

Vantris Energy Secures Petronas’ Offshore Drilling Work Orders

ADNOC, SLB Roll Out AI Platform Across More Than 120 Drilling Rigs

Oil Rises as Uncertainty Clouds US-Iran Peace Talks

India’s ONGC to Allocate Half of New Oil Storage to Strategic Reserves

Subsea7 Lands ‘Sizeable’ Contract for Work Offshore Brunei

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Saipem Cuts Earnings Outlook as Middle East Costs Rise

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