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Noble Gets $136M Brunei Drillship Job

Jul 13, 2026

Noble Corporation has secured a contract with unnamed client for its Noble Viking drillship, which will be engaged in drilling operations offshore Brunei.The contract comprises a firm scope of six wells, with an estimated contract value of approximately $136…

James Fisher, Aquaterra Launch Global Decommissioning Partnership

Jul 13, 2026

James Fisher and Sons and Aquaterra Energy have formed a strategic global partnership to provide integrated offshore decommissioning services, combining front-end engineering, well access, subsea operations and offshore execution under a single delivery model…

Tetragon Energy Advances Oil and Gas Exploration Activities off Philippines

Jul 13, 2026

Australia-listed Tetragon Energy has awarded a seismic reprocessing contract to DUG Technology as it begins the exploration phase of its offshore oil and gas program in the Philippines.The contract covers the reprocessing of four existing 3D seismic surveys spanning more than 4…

Arabian Drilling Set to Resume Ops with Three Offshore Rigs

Jul 13, 2026

Saudi Arabian drilling contractor Arabian Drilling has received approval to resume operations for three offshore drilling rigs that had been temporarily suspended earlier this year, with the units expected to return to work within weeks.The suspensions…

Oil Jumps 3% on Renewed US-Iran Conflict

Jul 13, 2026

Oil prices surged more than 3% on Monday after renewed military strikes between the United States and Iran reignited concerns over energy shipments through the Strait of Hormuz.Brent crude futures LCOc1 were up $2.67, or 3.51%, to $78.68 at 0743 GMT…

Hormuz Traffic Falls to Five-Week Low as Tensions Escalate

Jul 13, 2026

The number of vessels transiting the Strait of Hormuz fell to multi-week lows on Sunday, shipping data showed, as renewed strikes between the U.S. and Iran and attacks on ships in the Middle East heightened safety concerns.Six vessels transited the strait on Sunday…

Eni Enlists OneSubsea for Deepwater Umbilical Supply off Indonesia

Jul 10, 2026

OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract from Eni North Ganal to deliver a steel tube umbilical system for the Kutei North Hub field development project offshore East Kalimantan in Indonesia…

EnQuest Clears Key Hurdle for $833M Malaysia Offshore Deal

Jul 10, 2026

London-listed independent energy company EnQuest has cleared a key hurdle in its proposed $833 million acquisition of interests in four offshore production sharing contracts in Malaysia after existing partners waived their pre-emption rights over one of the three transaction packages…

ONGC Plans Major New Indian Oil Reserve

Jul 10, 2026

India's top explorer Oil and Natural Gas Corp ONGC.NS will build a 1.75 million metric ton (MT) national strategic petroleum reserve in Mangalore in southern India, the company said in a stock exchange filing late Thursday.India, the world's third biggest oil importer and consumer…

LNG Tankers Resume Hormuz Crossings Amid Tensions

Jul 10, 2026

More liquefied natural gas tankers have resumed transiting the Strait of Hormuz in recent days, ship-tracking data showed, and 22 Japan-linked vessels have left the Gulf since Tuesday, Tokyo said, despite renewed fighting in the Middle East…

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

Jul 09, 2026

The possible collapse of U.S.-Iran peace talks and the stop-start flow of tankers through the Strait of Hormuz are a nightmare scenario for Gulf nations desperate to return to normal after a bruising multi-month conflict.What was meant to mark…

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…

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Jul 08, 2026

Eni Muara Bakau, a subsidiary of Eni-Petronas joint venture Searah, has extended a drilling job for Ventura Offshore’s SSV Catarina semi-submersible rig, operating offshore Indonesia.Eni Muara Bakau has exercised an option for a fourth well and a tophole in Indonesia for the the SSV Catarina…

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Jul 08, 2026

Dolphin Drilling has secured a further extension for its deepwater-capable semi-submersible rig Blackford Dolphin with Oil India, keeping the rig on contract until at least August 28, 2026.The extension will allow completion of drilling, testing…

Oil Surges 3% on Renewed US-Iran Strikes

Jul 08, 2026

Oil prices gained more than 3% on Wednesday after Iran and the U.S. military traded airstrikes and Washington reimposed crude sales sanctions on Tehran, raising fears their fragile truce was unravelling and Middle East supplies could be disrupted again…

Current News

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

Jadestone Energy Lifts Malaysia Production with Second Online Well

Jadestone Energy Lifts Malaysia Production with Second Online Well

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