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Major Oil and Gas Projects Drive Strong OSV Demand in the Middle East

Nov 04, 2025

The Middle East continues to stand out as one of the most active regions for offshore support vessel activity, underpinned by the strategic expansion plans of national oil companies (NOCs) to boost offshore oil and gas production. A series of…

ABL to Support Platform Installations, Rig Moves for Chevron in Gulf of Thailand

Nov 03, 2025

ABL has received an award of work order from Chevron Thailand Exploration and Production, Ltd., Chevron Offshore (Thailand) Ltd. and Chevron Pattani Limited to provide marine warranty survey (MWS) and third-party support services in connection…

Russia's Lukoil Takes Up Gunvor’s Offer for Foreign Assets

Oct 30, 2025

Russia’s Lukoil has accepted an offer from commodity trader Gunvor Group to buy Lukoil International, the wholly owned unit that holds the oil producer’s overseas assets, following the sanctions and restrictive measures introduced primarily by the United States…

How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance

Oct 29, 2025

Sponsored WebinarHow Hot Is Your Cable? Seequent Unlocks Subsea IntelligenceCable temperature drives ampacity, reliability, and lifecycle costs. See how subsurface models and field data help predict, monitor, and manage thermal performance to keep offshore power flowing…

Pharos Energy Kicks Off Drilling Campaign Offshore Vietnam

Oct 21, 2025

U.K.-based Pharos Energy, an independent energy company with assets in Vietnam and Egypt, has started a six-well drilling campaign offshore Vietnam designed to lift production from two of its existing fields and open new development opportunities…

ABL Secures Rig Moving Assignment with India's ONGC

Oct 15, 2025

ABL has been appointed through United India Insurance (UIIC) to oversee India’s Oil and Natural Gas Corporation (ONGC) rig moves between September 2025 and May 2026.Under the contract, ABL will act as marine warranty surveyor for an anticipated 25 ONGC rig moves…

Hibiscus Petroleum Starts Drilling at Teal West Field off UK

Sep 19, 2025

Malaysian independent oil and gas exploration firm Hibiscus Petroleum has spudded a new well at the Teal West field in the North Sea, off the coast of the United Kingdom.The drilling operations is being done with Shelf Drilling’s Shelf Drilling Fortress jack-up rig…

PV Drilling Takes Ownership of Noble Corporation’s Stacked Jack-Up Rig

Sep 16, 2025

Petrovietnam Drilling & Well Service Corporation (PV Drilling) has officially taken ownership of Noble Corporation’s Noble Highlander jack-up rig, which has been renamed to PV DRILLING IX.The rig has been transferred to PV Drilling’s technical team in Denmark…

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Aug 08, 2025

Cheniere Energy, through Cheniere Marketing, and JERA have signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA), running until 2050.Under the SPA, JERA has agreed to purchase approximately 1.0 million tonnes per annum…

Shelf Drilling Lands New Jack-Up Contract in Vietnam, Extends Egypt Deal

Aug 07, 2025

Offshore drilling contractor Shelf Drilling has secured short-term contract for the Shelf Drilling Enterprise and a contract extension for the Trident 16 jack-up drilling rigs.The Shelf Drilling Enterprise has been hired for one firm well operation in Vietnam…

Valeura Makes Progress with Multi-Well Drilling Campaign in Gulf of Thailand

Jul 08, 2025

Canada-based oil and gas company Valeura Energy has advanced its multi-well drilling campaign offshore Thaild, using Borr Drilling’s Mist jack-up rig.During the second quarter of 2025, Valeura mobilized Borr Drilling’s Mist jack-up drilling rig to Block G11/48…

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

Jul 02, 2025

Offshore drilling contractor Shelf Drilling has secured a three-year contract for the J.T. Angel jack-up rig with Oil and Natural Gas Corporation (ONGC) for operations in the Mumbai High, offshore India.The total added contract value is approximately $40 million…

Current News

ADNOC Drilling Finalizes MB Petroleum JV, Expands Regional Fleet

ADNOC Drilling Finalizes MB Petroleum JV, Expands Regional Fleet

Brent Near $114 as Middle East Conflict Continues

Brent Near $114 as Middle East Conflict Continues

Thailand Cancels Offshore Energy Exploration Pact with Cambodia

Thailand Cancels Offshore Energy Exploration Pact with Cambodia

Vessel Sector Deep Dive: WTIVs

Vessel Sector Deep Dive: WTIVs

Indonesia’s Mako Gas Project on Track for First Gas in 2027

Indonesia’s Mako Gas Project on Track for First Gas in 2027

CNOOC’s First Quarter Profit Rises on Higher Oil Prices, Output

CNOOC’s First Quarter Profit Rises on Higher Oil Prices, Output

UAE Exit Weakens OPEC, Raises Risk of Price War

UAE Exit Weakens OPEC, Raises Risk of Price War

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Iranian media reports three dead in fire at a shopping centre west from Tehran
Gold recovers from a more than one-month-low; Middle East threats linger
The US trade deficit widened in March due to imports, while petroleum exports rose
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