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Well-Safe Expands Into Well Operatorship with First UK North Sea Job

May 26, 2026

Well-Safe Solutions has secured its first contract to provide full well operatorship and asset execution services for an unnamed client in the UK North Sea.The contract expands the company’s service offering into integrated well lifecycle services…

Santos Targets LNG and Oil Expansion in Alaska, Oceania and Australia

May 26, 2026

Australia's Santos will prioritise LNG and oil growth in three core regions, including Alaska and Papua New Guinea, under a new strategy that also includes reducing net debt by $2.5 billion by 2030.'We are now laser-focused on investment in major oil and LNG production across three regions…

Unity Wins North Sea Decom Contracts, Expands Overseas

May 22, 2026

Unity has secured more than $8 million (£6 million) in new contracts, including a multi-million-dollar North Sea well decommissioning project, as the Aberdeen-based well integrity specialist expands internationally.The company said the North…

Borr Drilling’s First Quarter Profit Takes Hit as Odin Rig Start-Up Lags

May 22, 2026

Borr Drilling has reported a wider first-quarter loss as delayed start-up work for the Odin jack-up rig and contract transitions weighed on earnings, while the offshore driller continued expanding its fleet and contract backlog.The company posted…

Current News

Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam

Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam

Jadestone Brings First Malaysia Campaign Well Online at 3,000 bpd

Jadestone Brings First Malaysia Campaign Well Online at 3,000 bpd

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

Oman Opens Alternative Hormuz Lanes as Shipping Recovery Continues

Oman Opens Alternative Hormuz Lanes as Shipping Recovery Continues

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

Oil Falls as Signs of Hormuz Recovery Weigh on Market

Oil Falls as Signs of Hormuz Recovery Weigh on Market

Mako Offshore Field Takes Step Toward First Gas with PT PAL Contract Award

Mako Offshore Field Takes Step Toward First Gas with PT PAL Contract Award

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