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SMD, Prysmian Advance Power Cable Installation with New Plough

Jul 15, 2026

SMD has delivered the first of two heavy-duty power cable ploughs to Prysmian for deployment on the company's new-generation cable laying vessels (CLVs).The second system is scheduled for delivery later this year. The ploughs will be mobilized…

Principle Power Gets O&M Job at French Floating Wind Farm

Jul 15, 2026

Principle Power has secured an operations and maintenance (O&M) support contract for the 30 MW Éoliennes Flottantes du Golfe du Lion (EFGL) floating offshore wind project in the French Mediterranean, operated by Ocean Winds in partnership with Banque des Territoires…

Halliburton Nets Drilling and Completions Deal for TotalEnergies’ GranMorgu Scheme

Jul 14, 2026

Oilfield services firm Halliburton has been awarded integrated drilling and completions contracts for the GranMorgu deepwater development offshore Suriname, operated by TotalEnergies.The long-term agreement covers drilling and completions services for the project…

DeepOcean Wraps Up Decom Scope at Spirit Energy’s North Sea Field

Jul 14, 2026

DeepOcean has completed subsea decommissioning work at Spirit Energy's Seven Seas and Grove West fields in the southern North Sea, recovering a subsea wellhead protection structure and disconnecting subsea infrastructure ahead of a planned rig campaign…

Unity Enters Asia-Pacific Market with Malaysia P&A Work

Jul 14, 2026

Aberdeen-headquartered well integrity and decommissioning specialist Unity has entered the Asia-Pacific market after securing its first regional contract in partnership with Malaysian oilfield services company Reservoir Link.The companies will…

Velesto Terminates NAGA 3 Jack-Up Rig Sale to Indonesian Firm

Jul 13, 2026

Malaysia-based offshore drilling contractor Velesto Energy has terminated the sale of its jack-up drilling rig NAGA 3 to Indonesia's PT Indonesia Drilling Energy after the transaction failed to complete within the agreed timeframe.The company said its subsidiary…

Harbour Energy Expands UK Portfolio with Waldorf Assets Acquisition

Jul 13, 2026

Harbour Energy has completed its acquisition of substantially all the subsidiaries of Waldorf Energy Partners and Waldorf Production in the UK, finalizing a transaction that strengthens its position in the UK North Sea.The acquisition, valued at $163 million…

Saipem Taps Fugro for CCS Development off UK

Jul 09, 2026

Fugro has secured a contract from Saipem to provide integrated marine survey and inspection services for the Northern Endurance Partnership (NEP), the UK's first carbon capture transportation and storage infrastructure project.Saipem is leading the engineering…

Axess Secures Work on Two Golar LNG’s FLNG Assets

Jul 09, 2026

Axess Group has been selected by Golar LNG to carry out maintenance build and integrity management work across two floating liquefied natural gas (FLNG) assets following competitive tender processes.For the MK II FLNG, Axess will provide maintenance build services…

ExxonMobil Bets $1B on Nigeria’s Usan Offshore Development

Jul 09, 2026

ExxonMobil and its partners will invest $1 billion in the Usan Infill Project offshore Nigeria, a development expected to add 40,000 barrels per day (bpd) of oil production, Nigeria's upstream regulator said on Wednesday.The Nigerian Upstream…

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

Jul 08, 2026

Premium jackup dayrates have improved from 2025 lows and are now holding within a higher range, but pricing remains uneven across fixtures and geographies. That is important, but dayrates are only the starting point. On their own, they say very…

Nigeria's Discovers Oil on Lease 74

Jul 07, 2026

Nigerian oil producer Renaissance Energy said on Tuesday it had made an oil discovery offshore Nigeria after drilling an exploration well in Oil Mining Lease (OML) 74, its first major success since taking over the asset last year.Preliminary results showed about 1…

Well-Safe Solutions Expands Beryl Field Decom Scope to 260 Wells

Jul 07, 2026

Well-Safe Solutions has been appointed lead contractor for Apache North Sea’s Beryl Field decommissioning project, expanding the combined scope of its work for Apache to more than 260 wells.The award is the second contract Apache has given Well-Safe Solutions this year…

Shell Lifts Gas Guidance, Sees Trading Boost

Jul 07, 2026

Shell slightly increased its guidance on Tuesday for its second-quarter integrated gas production, although output would be down sharply from the first three months of the year due to the impact of the Middle East conflict.The British oil major…

Current News

China's CNOOC Posts Record First-Half Profit

China's CNOOC Posts Record First-Half Profit

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Saudi Contractor Enters Oman with Four-Well Drilling Assignment

Saudi Contractor Enters Oman with Four-Well Drilling Assignment

McDermott Gets ADNOC’s ‘Mega Contract’ to Advance Umm Shaif Field

McDermott Gets ADNOC’s ‘Mega Contract’ to Advance Umm Shaif Field

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