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Borr Drilling Reports Quarterly Loss

Aug 12, 2026

Borr Drilling Limited has announced its unaudited results for the three and six months ended June 30, highlighting a second quarter total operating revenues of $232.3 million, a decrease of $14.7 million or 6% compared to the first quarter of 2026…

CNOOC Commissions Phase I of Bozhong 19-6 Gas Field

Aug 11, 2026

China's oil and gas major CNOOC announced on August 9 that its Phase I development project at the Bozhong 19-6 gas field began full production, with daily oil and gas output exceeding 5,200 metric tons of oil equivalent, or 37,960 barrels per day…

Wouter Pattynama Appointed as LR Executive Client Solutions Manager, Offshore

Aug 11, 2026

Lloyd's Register (LR) has appointed Wouter Pattynama as Executive Client Solutions Manager, Offshore, strengthening its offshore energy expertise and expanding support for clients across Australia, New Zealand and the wider Asia-Pacific region…

DOF Wins AHTS Contracts in CARICOM Region

Aug 11, 2026

DOF has been awarded firm contracts with a combined duration of 150 days for two of its AHTS vessels in the CARICOM region (Caribbean). DOF will also provide ROV services for the engagement.The two vessels will commence transit to the region shortly…

SLB, Equinor to Upgrade Vessel Under Multi-Year Well Stimulation Deal

Aug 07, 2026

SLB and Equinor have signed a multi-year agreement for advanced reservoir stimulation services across the Norwegian Continental Shelf, including a major upgrade of the well stimulation vessel MV Island Captain.The agreement provides dedicated…

BP to Take Full Ownership of Calypso Offshore Gas Project

Aug 07, 2026

BP has agreed to acquire Woodside Energy's 70% interest in Block TTDAA 14, which contains the Calypso gas project offshore Trinidad and Tobago, increasing its stake to 100% and assuming operatorship.The transaction is expected to close by the end of 2026…

Current News

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

Petronas, PTTEP Get Approvals for New Gas Block Sharing Contract

TPAO Eyes Karabakh Offshore Expansion with SOCAR

TPAO Eyes Karabakh Offshore Expansion with SOCAR

XRG, ADNOC and SEFE Deepen Gas Ties in Europe

XRG, ADNOC and SEFE Deepen Gas Ties in Europe

Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows

Saudi Oil Lifeline Shut After Attack as Red Sea Threat Grows

Greater Sunrise Gas Production Pushed Back to 2034

Greater Sunrise Gas Production Pushed Back to 2034

SED Energy Holdings and Ventura Offshore Set to Combine Ops

SED Energy Holdings and Ventura Offshore Set to Combine Ops

Asia's Oil Industry Braces for Prolonged Hormuz Disruption

Asia's Oil Industry Braces for Prolonged Hormuz Disruption

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