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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…

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…

EnerMech Completes Offshore Pipeline Campaign in Australia's Bass Strait

Jun 17, 2026

EnerMech has completed an offshore cleaning and preparation campaign on the Bass Strait pipeline system in Australia's Gippsland Basin, supporting offshore assets operated by Esso Australia Resources, a wholly owned subsidiary of ExxonMobil…

Repsol, PDVSA Advance Venezuelan Oil and Gas Expansion

Jun 17, 2026

Venezuela's state oil company PDVSA and Spanish energy group Repsol REP.MC have signed a crude and gas agreement to boost output in northwestern Venezuela, officials from the two companies said on Tuesday.PDVSA President Hector Obregon said…

Equinor Scales Back Renewable Capacity Target

Jun 16, 2026

Norwegian oil and gas group Equinor has further scaled back its renewable energy ambitions, dropping a 2030 installed capacity target and cutting back on investment, it said in a strategy update on Tuesday.The change reflects a wider industry trend…

Yinson Production Picks Eureka for FPSO Back-Up Power System

Jun 16, 2026

Offshore energy equipment supplier Eureka has secured a contract from Yinson Production to supply a backup power generator set for the Abigail-Joseph floating power, storage and offloading (FPSO) unit, which operates on the Anyala and Madu fields offshore Nigeria…

Current News

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

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

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

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

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Serica Energy Agrees $194M Pharos Energy Acquisition

Serica Energy Agrees $194M Pharos Energy Acquisition

Oil Eases After Topping $100, Still Set for Weekly Rise

Oil Eases After Topping $100, Still Set for Weekly Rise

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

Eni-Petronas JV Starts Indonesia-Bound FPSO Construction

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