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Trump Targets Venezuelan Oil Exports with ‘Sanctioned’ Tankers Blockade

Dec 17, 2025

U.S. President Donald Trump ordered on Tuesday a 'blockade' of all sanctioned oil tankers entering and leaving Venezuela, in Washington's latest move to increase pressure on Nicolas Maduro's government, targeting its main source of income.It…

Dräger to Supply Gas Detection, Monitoring Tech to North Sea Operator

Dec 16, 2025

Safety technology firm Dräger UK has won a six-figure contract with a major North Sea operator for the supply of advanced gas detection and monitoring solutions.Due to be rolled out across an offshore oil and gas asset next year, the deal marks…

Solstad Sells Normand Clipper CSV to Global Maritime Group

Dec 12, 2025

Norwegian offshore vessel owner Solstad Maritime has sold its Normand Clipper construction support vessel (CSV) to Global Maritime Group.Global Maritime Group, the current charterer of the vessel, declared the purchase option for the Normand Clipper…

Shell Seeks Buyer for 20% Stake in Brazilian Oilfield Cluster

Dec 09, 2025

Shell is seeking a buyer for a 20% stake in its Brazilian oilfield cluster to help fund a multibillion-dollar offshore development, Bloomberg News reported on Tuesday, citing sources.Shell declined to comment on the report, when contacted by Reuters…

Transocean’s Ultra-Deepwater Drillship Up for $130M Australian Job

Dec 09, 2025

Offshore drilling contractor Transocean has signed a six-well contract with an undisclosed operator for its Deepwater Skyros drillship, offshore Australia.The estimated 320-day campaign is expected to start in the first quarter of 2027 and contribute approximately $130 million in backlog…

Vissim to Provide Vessel Collision Avoidance System for Qatari Offshore Field

Dec 08, 2025

Norwegian technology company Vissim has secured a contract with a Qatar-based oil and gas operator to deliver a vessel collision avoidance system at an undisclosed oil field offshore Qatar.As part of a three-year agreement, Vissim will provide…

TotalEnergies’ Mozambique LNG Loses $2.2B UK, Dutch Support

Dec 01, 2025

Britain and the Netherlands are withdrawing a combined $2.2 billion in support for the TotalEnergies-led Mozambique LNG project, they said separately on Monday, after both hired firms to probe human rights concerns surrounding the development…

DNV Boosts Offshore Wind and Renewables Team

Dec 01, 2025

DNV Inspection has appointed two new specialists to support its expanding offshore wind and low-carbon energy business as global demand rises for assurance and inspection services across renewables, the company said on Thursday.Iván Jaramillo…

Windcat Orders Next-Gen Multi-Purpose Offshore Support Vessel

Nov 26, 2025

Windcat, part of CMB.TECH, has signed a contract with Damen Shipyards to build a new Multi-Purpose Accommodation Support Vessel (MP-ASV), with options for five additional units.To be known as the Innovation Series, the new class of offshore support vessels will combine a large open deck…

Greater Sunrise Moves to Next Phase with Timor-Leste, Woodside Deal

Nov 25, 2025

Timor-Leste’s Ministry of Petroleum and Mineral Resources and Woodside Energy have signed a cooperation agreement to advance studies for a Timor-based liquefied natural gas (LNG) development concept for the long-stalled Greater Sunrise fields…

Current News

Malaysia Offers Nine Exploration Blocks in 2026 Bid Round

Malaysia Offers Nine Exploration Blocks in 2026 Bid Round

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Seatrium Unit Launches Arbitration Against Petrobras over FPSO Contract

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Transocean-Valaris Tie-Up to Create $17B Offshore Drilling Major with 73 Rigs

Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

Malaysia Oil and Gas Projects Advance with Petronas' PSC and Farm-Out Deals

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

Vantage Drilling’s Ultra-Deepwater Drillship Heads to India Under $260M Contract

EnQuest Secures Extension for Vietnam's Offshore Block

EnQuest Secures Extension for Vietnam's Offshore Block

Japan's Mitsui in Advanced Talks for Stake in Qatar’s North Field LNG Project

Japan's Mitsui in Advanced Talks for Stake in Qatar’s North Field LNG Project

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India's demand for oil has improved since tensions between the US and Iran.
TotalEnergies reports a 13% decline in profit for the fourth quarter due to lower oil and gas prices
Oil prices stable as tensions between Iran and the US and US data are eyed
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