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FOS Picks Incat Crowther to Design Fast CTV Fleet for Shell’s Brunei Ops

May 12, 2026

Fast Offshore Supply (FOS) has selected Incat Crowther to design a fleet of 10 new DP2 fast crew transfer vessels (CTVs) for offshore operations supporting Brunei Shell Petroleum, a joint venture between Shell and the Government of Brunei.The…

NextGeo Scores $11.7M Mediterranean Subsea Job

May 12, 2026

Italian offshore services provider Next Geosolutions (NextGeo) has been awarded a contract worth about $11.7 million (€10 million) for geophysical survey and unexploded ordnance (UXO) activities linked to a subsea energy infrastructure project in the Central Mediterranean…

ADNOC Drilling Posts Record First-Quarter Results with 5% Revenue Rise

May 11, 2026

ADNOC Drilling has reported its strongest-ever first-quarter performance, supported by high fleet utilization, growth in integrated drilling services and long-term contract coverage across its operations.The UAE-based drilling contractor posted first-quarter revenue of $1…

Seadrill’s Backlog Reaches $3.1B with $860M in New Rig Deals

May 11, 2026

Seadrill has secured more than $860 million in new contract backlog since February fleet status report, driven by offshore drilling awards and extensions in Brazil, the U.S. Gulf and Angola, lifting its total contract backlog to about $3.1 billion…

Lloyd’s Register Approves Wison’s Internal Turret FPSO Concept

May 08, 2026

Lloyd’s Register (LR) has granted an Approval in Principle (AiP) to Wison New Energies for a harsh-environment floating production storage and offloading (FPSO) design featuring an internal turret mooring system.The FPSO concept is aimed at offshore developments in demanding metocean conditions…

UTC Overseas, Transoceanic Launch US Gulf Coast Logistics Joint Venture

May 08, 2026

UTC Overseas and Transoceanic Development have launched UTC Transoceanic (UTC Transo), a joint venture aimed at supporting the growing logistics needs of energy, power and industrial infrastructure projects along the U.S. Gulf Coast.Headquartered in New Orleans…

NOAA Awards $21.6m for Uncrewed Systems Supporting Mapping, Charting

May 07, 2026

NOAA has announced a $21,600,909 million award for the purchase of uncrewed marine systems to be used on new charting and mapping vessels being built for the agency. This will support NOAA’s mission to deliver tools and information to help mariners safely transport the $2…

Eni, BP Make Offshore Gas Discovery in Egypt via Onshore Directional Drilling Op

May 07, 2026

Italy’s Eni and UK’s BP have made a new natural gas discovery in the Nile Delta region, expected to produce around 50 million cubic feet of gas per day, by drilling an offshore well using advanced directional drilling technologies from onshore…

EnerMech to Support Subsea7 on Mexico’s Trion Oil Project

May 06, 2026

EnerMech has been awarded a subsea pre-commissioning contract by Subsea7 for the Trion ultra-deepwater oil development offshore Mexico.The Trion project, located about 180 kilometers offshore in the Perdido Fold Belt at water depths of 2,500-2…

DeepOcean Carries Out First Onshore-Managed Subsea Intervention

May 06, 2026

DeepOcean has completed its first subsea intervention project with offshore operational leadership managed from shore, carrying out the work for Aker BP at the Idun Nord field in the Norwegian Sea.The operation involved a work-class remotely…

Current News

Oil Slips as Oman Reports Normal Operations at Key Oil Terminal

Oil Slips as Oman Reports Normal Operations at Key Oil Terminal

Petronas Signs Offshore Oil Recovery Collaboration Deal

Petronas Signs Offshore Oil Recovery Collaboration Deal

SBM Offshore to Sell 45% Stake in Mexico-Bound FSO to NYK

SBM Offshore to Sell 45% Stake in Mexico-Bound FSO to NYK

Conrad Secures Drilling Rig for Mako Gas Field off Indonesia

Conrad Secures Drilling Rig for Mako Gas Field off Indonesia

Oman’s Block 50 Offshore Drilling Ops Face Further Delays

Oman’s Block 50 Offshore Drilling Ops Face Further Delays

Aramco Picks McDermott for Energy Projects in Saudi Arabia

Aramco Picks McDermott for Energy Projects in Saudi Arabia

Velesto’s Jack-Up Rig Up for Gulf of Thailand Drilling Campaign

Velesto’s Jack-Up Rig Up for Gulf of Thailand Drilling Campaign

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