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Saipem Secures $260M Drillship Deal with Eni in West Africa

Jul 22, 2026

Saipem has secured an offshore drilling contract worth approximately $260 million from Eni for a long-term development drilling campaign offshore Côte d'Ivoire.The contract will see the Santorini drillship deployed on the campaign from early 2027 under a firm drilling program, with options for additional work and the potential deployment of the drillship in neighboring countries.Saipem said the award…

Houthis Claim Attack on Saudi Tankers in Red Sea

Jul 23, 2026

The Iranian-aligned Houthis said on Thursday they struck two Saudi oil tankers as part of a naval blockade on Saudi Arabia, threatening to create a second chokepoint on global oil supplies alongside Iran's near-closure of the Strait of Hormuz…

Chevron Halts Petronius Output as Tropical Storm Nears

Jul 22, 2026

Chevron has shut in production at its Petronius platform in the U.S. Gulf of America and evacuated all associated personnel to shore as Tropical Storm Bertha approaches.The company said production from its other Chevron-operated assets in the Gulf remains at normal levels…

Vår Energi, BlueNord Merger to Create Europe's Largest Independent Producer

Jul 21, 2026

Vår Energi and BlueNord have agreed to combine their businesses in a cash-and-shares transaction that will expand Vår Energi into Denmark and create what the companies said would be Europe's largest independent oil and gas producer.The transaction…

Oceaneering Wins Five-Year Contract in Qatar

Jul 20, 2026

Oceaneering International, Inc. announced that its Integrity Management and Digital Solutions (IMDS) segment has been awarded a five-year inspection and asset integrity services contract by a Qatar-based oil company. The contract includes two optional one-year extensions…

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Jul 20, 2026

Malaysia-based offshore drilling contractor Velesto Energy has mutually agreed with PC Ketapang II, PC North Madura II and PETRONAS North Ketapang to terminate, without cause, a contract for the NAGA 8 jack-up drilling rig offshore Indonesia…

All Production Wells Come Back Onstream at Karoon Energy’s Baúna Field

Jul 20, 2026

Karoon Energy has returned all production wells at its Baúna project offshore Brazil to service after restarting the PRA-2 well, lifting field output to about 22,000 barrels of oil per day (bpd).Production from the PRA-2 well resumed on July…

Plexus Lands Wellhead Engineering Deal for Offshore Energy Applications

Jul 20, 2026

Plexus Holdings has signed a two-year engineering agreement with Cactus Wellhead to develop and qualify a range of wellhead products for offshore energy applications.Under the agreement, Plexus will provide engineering, analysis and testing services…

Searah Malaysia Starts Upstream Oil and Gas Operations

Jul 17, 2026

Searah (Malaysia) launched upstream oil and gas operations in Malaysia from July 1, it said on Friday, after completing the transfer of operatorship from Petronas Carigali, a subsidiary of state energy firm Petronas.The oil and gas company is the Malaysian operating entity of Searah Limited…

Tripartite Deal Set to Advance South Korea's Offshore Wind Sector

Jul 16, 2026

Renewable energy consultancy OWC, Korea Leading Energy Management (KLEM) and offshore energy services provider OEG have signed a memorandum of understanding to collaborate on balance of plant (BoP) operations and maintenance services for South Korea's offshore wind sector…

ECITB, GWO Launch Wind Turbine Maintenance Cross Skill Program

Jul 15, 2026

Following two successful pilots, the Engineering Construction Industry Training Board (ECITB), in partnership with the Global Wind Organisation (GWO) and Offshore Renewable Energy (ORE) Catapult, have officially launched the Wind Turbine Maintenance…

Wärtsilä Secures FSRU Service Agreement with Pardus Energy

Jul 15, 2026

Wärtsilä has signed a five-year lifecycle agreement with Ireland-based Pardus Energy to support the operation of the floating storage and regasification unit (FSRU) TURQUOISE P.The agreement includes contract management, maintenance planning and spare parts support for the vessel…

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…

Current News

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

Chevron Enlists Velesto’s Jack-Up Rig for Drilling Job off Malaysia

ABL Gets Papua New Guinea FSO Job

ABL Gets Papua New Guinea FSO Job

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Energean Lifts Karish Fields FPSO Oil Processing Capacity

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

Oil Rises on Dual Shipping Threat in Hormuz and Red Sea

ADNOC Approves $6.2B Offshore Umm Shaif Gas Project

ADNOC Approves $6.2B Offshore Umm Shaif Gas Project

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

Velesto Frees Up Drilling Rig After Early Contract Termination off Indonesia

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