Regions News


Floating Nuclear: A New Offshore Energy Frontier

Jun 25, 2026

For decades, floating nuclear power occupied a niche position in the energy debate – technically feasible, strategically intriguing, but commercially marginal. Today, however, combined pressures of decarbonization, energy security, land constraints…

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Jun 25, 2026

Faced with declining production post-2030, across Sub-Saharan Africa (SSA), the Majors have started the process of reloading exploration hoppers. Targeting predominantly deep and ultra-deep waters, they have signed numerous agreements aimed…

Markets: Middle East OSV Market at a Crossroads After Gulf Conflict

Jun 25, 2026

After several years of strong activity, the Middle East offshore market has become more volatile, with geopolitical tensions disrupting day-to-day operations. Following US and Israeli military action and subsequent Iranian attacks on neighbouring Gulf states…

SeaBird Explorer Secures West Africa Job for Fulmar Explorer Vessel

Jun 25, 2026

SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has secured a contract for ocean bottom node (OBN) source work in West Africa.The company said the Fulmar Explorer vessel will be deployed for the campaign, which has a total duration of about three months…

ONGC Completes 44 Offshore Rig Moves Ahead of Monsoon Season

Jun 25, 2026

India's Oil and Natural Gas Corporation (ONGC), supported by energy and marine consultancy ABL, has completed the relocation of 44 jack-up rigs ahead of the monsoon season.The pre-monsoon rig moves were carried out between March 15 and May 31…

Britain's Political Shake-Up Opens Door to North Sea Rethink

Jun 25, 2026

The latest bout of political turmoil in Britain comes as energy security has moved front and centre following the Iran war, offering the next prime minister a chance to rethink the country’s North Sea oil and gas strategy.Andy Burnham, who is…

Hitachi Energy Nets $873M Deal for Italy-Tunisia Power Link Converter Stations

Jun 25, 2026

Italian grid operator Terna and Tunisian electricity and gas company STEG have awarded Hitachi Energy a contract worth about $873 million (€770 million) to build converter stations for the Elmed electricity interconnection project between Italy and Tunisia…

MODEC to Supply Mooring System for Coral Norte FLNG off Mozambique

Jun 24, 2026

Japanese offshore services company MODEC has secured a contract to supply a SOFEC internal turret mooring system for the Coral Norte floating liquefied natural gas (FLNG) project offshore Mozambique, being developed by Eni and its partners.MODEC…

Oman Opens Alternative Hormuz Lanes as Shipping Recovery Continues

Jun 24, 2026

Oman said it would keep the Strait of Hormuz open to shipping without imposing any tolls and had designated two temporary routes north and south of the existing shipping lane to facilitate the safe passage of vessels departing the region.In coordination with the International Maritime Organization…

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

Jun 23, 2026

Logistics and materials management company ASCO has opened its first office in the Middle East, establishing a presence in Qatar as it looks to expand its regional operations and support growing demand for logistics and environmental services…

ABL Expands Asset Integrity Services in Brazil

Jun 23, 2026

Energy and marine consultancy ABL has opened a new office in Salvador, Brazil, expanding its presence in the country and strengthening its asset integrity management offering for the oil and gas, maritime and industrial sectors.The new office…

TechnipFMC Nets Deepwater Flexible Pipe Deal for Angola's Offshore Field

Jun 23, 2026

Oilfield services company TechnipFMC has secured a significant contract from Azule Energy to supply flexible flowlines and risers for the Greater PAJ development offshore Angola, further strengthening its position in one of the world's most active deepwater regions…

Tampnet Gets Connectivity Contracts for Two US Gulf Deepwater Projects

Jun 22, 2026

Tampnet, the world’s largest offshore high-speed, high-capacity communications provider, has been selected by an international energy major to deliver advanced connectivity solutions to two development projects in the US Gulf.The projects in…

FairWind Strengthens European Wind Ops with Senior Appointments

Jun 22, 2026

Wind turbine installation and service company FairWind has appointed three senior executives to strengthen its blade and service operations in Europe as demand for operations and maintenance services continues to grow across the region.The Denmark…

Iran War Sparks Global Rush to Build Strategic Oil Reserves

Jun 22, 2026

Vulnerable countries that paid a high economic price during the Iran war are seeking to build domestic oil and gas storage buffers against future shocks, a drive that could bring roughly half a billion barrels of additional demand down the pike…

Current News

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Oil Surges 3% on Renewed US-Iran Strikes

Offshore Vessel Pair Ordered from Grandweld Shipyard

ADNOC, XRG and Mitsui Broaden Energy Cooperation

Ruwais LNG Commitments Top 90% Capacity with New INPEX Deal

Saipem Lands $2B FPSO Deal for Offshore Gas Field in Indonesia

Oil Climbs on US-Iran Deal Uncertainty

Saudi Arabia Eyes Oil Pipeline Expansion to Red Sea

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