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Saipem Confirms Growth Trajectory

Feb 24, 2026

Saipem has released its preliminary results for the fourth quarter and financial year 2025, confirming, for the fourth consecutive year, the trajectory of growth and improvement in profitability together with a further acceleration in cash generation…

Kuwaiti National Oil Firm in Talks with Global Funds Over $7B Pipeline Stake Sale

Feb 24, 2026

National oil company Kuwait Petroleum Corporation (KPC) has held early stage talks with a large group of potential investors over a $7 billion stake sale in its crude oil pipelines, three sources familiar with the matter said, following similar…

Eni Nears FID for Indonesia’s Offshore Gas Projects

Feb 24, 2026

Indonesia's upstream oil and gas regulator SKK Migas expects Italy's Eni to reach its final investment decision next month for the development of the Geng North and Gendalo-Gendang gas projects, its head Djoko Siswanto told reporters.He said…

Seatrium Targets $40M Cost Savings in Continued Divestment Drive

Feb 23, 2026

Seatrium has put in motion a series of non-core asset divestments set to complete by early 2026, targeting over $40 million (S$50 million) in annualized operational cost savings.The Singapore-based offshore and marine group said the savings…

Tidewater to Acquire Wilson Sons Ultratug Offshore in $500M

Feb 22, 2026

All-Cash Deal, Expanding Brazil FootprintTidewater Inc. (NYSE: TDW) has signed a definitive agreement to acquire Wilson Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively, WSUT) in an all-cash transaction valued at approximately $500 million…

Current News

Oman’s Block 50 Offshore Drilling Ops Pushed to May

Oman’s Block 50 Offshore Drilling Ops Pushed to May

India Resumes Iranian Oil Imports After Seven-Year Hiatus

India Resumes Iranian Oil Imports After Seven-Year Hiatus

Oil Holds Steady as Supply Risks from War Persist

Oil Holds Steady as Supply Risks from War Persist

OceanAlpha Shares USV Offerings at Oi26

OceanAlpha Shares USV Offerings at Oi26

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

Iran Assures Safe Hormuz Transit for Philippine Vessels

Iran Assures Safe Hormuz Transit for Philippine Vessels

EnQuest Enters Malaysia with Cendramas Production Sharing Deal

EnQuest Enters Malaysia with Cendramas Production Sharing Deal

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