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PV Drilling Names New ‘Super Rig’ ahead of April Operations

Mar 31, 2026

Petrovietnam Drilling & Well Service Corporation (PV Drilling) has named and commissioned its multi-purpose jack-up rig PV DRILLING IX in Ho Chi Minh City, with operations expected to begin in April 2026.The rig, described by the company as a high-specification unit, has been upgraded and reactivated as part of its long-term development strategy and will support drilling activities across Southeast Asia…

Borr Drilling Expects Higher Activity as Rigs Return to Work

Apr 13, 2026

Offshore drilling contractor Borr Drilling has informed that several of its rigs in the Middle East are returning to operations following recent disruptions, as the company secures a new contract in Southeast Asia.The company said the Arabia…

OceanAlpha Shares USV Offerings at Oi26

Apr 05, 2026

Pinestone Shi, General Manager at OceanAlpha, discusses the V180 unmanned surface vessel (USV), designed for deepwater, offshore inspection, maintenance, and repair tasks. Shi also shares insight on the Fire Conqueror USV, designed for maritime fire emergencies, and other vessel offerings.

Eni Advances Major Deep Water Gas Hubs with Dual FIDs

Mar 18, 2026

With the sanctioning of the Gendalo, Gandang, Geng North and Gehem fields, Eni is set to deliver up to 2 bscfd of gas and 90,000 bpd of condensate at plateau. The projects leverage existing infrastructure to accelerate time‑to‑market and strengthen both domestic supply and LNG exports…

TVO Customizes Tethered BOP Technology

Mar 16, 2026

Trendsetter Vulcan Offshore (TVO) completed a unique tethered blowout preventer (TBOP) installation in the Gulf of America (GoA) to reduce wellhead fatigue in soft seabed conditions.TVO’s proprietary technology was essential in enabling the…

Iran War Exposes Risks of Fossil Fuel Dependence

Mar 11, 2026

The economic risks of the world’s heavy dependence on oil and gas have been laid bare twice in four years - first with Russia’s invasion of Ukraine and now with the U.S.-Israeli war on Iran - undermining U.S. President Donald Trump’s flagship push to double down on fossil fuels…

Offshore Tech: Seadrill Adopts igus’ Modular Energy Chains

Mar 09, 2026

A modular cable management system, designed by German-based supplier igus, has been implemented by offshore driller Seadrill to reduce downtime, cut maintenance costs and improve operational reliability on its drillships by replacing traditional…

Arabian Drilling Reactivates Fleet as GCC Offshore Contract Starts

Mar 03, 2026

Arabian Drilling has reactivated two rigs that were recalled in the fourth quarter of 2025 and launched its first international offshore contract within the Gulf Cooperation Council region-based company.The Saudi Arabia-based contractor said…

QatarEnergy Selects Technip Energies JV for North Field West Expansion Work

Feb 25, 2026

QatarEnergy has awarded the engineering, procurement and construction (EPC) contract for the onshore liquefied natural gas (LNG) plant of its North Field West (NFW) project to a joint venture comprising Technip Energies, Consolidated Contractors Company (CCC) and Gulf Asia Contractor (GAC)…

Dolphin Drilling, Vantris Ink Marketing Deal for Blackford Dolphin Semi-Sub

Feb 18, 2026

Dolphin Drilling Offshore, a wholly owned subsidiary of Dolphin Drilling, and Sapura Drilling Asia, a wholly owned subsidiary of Vantris Energy, have entered into a marketing agreement for the semi-submersible drilling unit Blackford Dolphin…

Petronas Plans Ramp-Up in Exploration, Production Over Three Years

Jan 30, 2026

Malaysia's state energy firm Petronas said on Thursday it will ramp up exploration and production over the next three years to strengthen domestic energy security.Petronas said it aims to maintain domestic output at close to two million barrels of oil equivalent per day between 2026 and 2028…

Seadrill Firms Up Offshore Drilling Workload with Multi-Region Contract Awards

Jan 21, 2026

Offshore drilling contractor Seadrill has secured multiple contract awards for its West Capella, West Elara and West Carina drilling rigs across Malaysia, Norway and Brazil.In Malaysia, the ultra-deepwater drillship West Capella secured a well-based contract with an undisclosed operator…

Philippines Makes First Offshore Gas Discovery in Over a Decade

Jan 19, 2026

The Philippines has made its first natural gas discovery in more than a decade after gas and condensate were found at a well near the Malampaya gas field off the island of Palawan, President Ferdinand ‘Bongbong’ Marcos Jr. announced.The well…

Why Shipowners Around the World Choose D-I Industrial’s Quiet Reliability

Jan 14, 2026

Why Shipowners Around the World ChooseD-I Industrial's Quiet Reliability?Consistent, durable performance that completely fixes breakdowns, delays, and demanding maintenance.In marine engineering, repeat customer choice depends on one thing:…

Offshore Rig Outlook: As 2025 Challenges Fade, Path Ahead Brightens

Jan 02, 2026

While challenges linger from the 2025 offshore rig market, there are signs it will look brighter from late 2026 onwards.Main Events of 2025One of the biggest talking points of 2024 and 2025 was Saudi Aramco’s suspension of 36 jackups from April 2024…

Current News

Toyo, OneSubsea Form Subsea CCS Partnership

Toyo, OneSubsea Form Subsea CCS Partnership

Japan to Launch $10B Fund to Help Asia Secure Oil

Japan to Launch $10B Fund to Help Asia Secure Oil

TotalEnergies Eyes Black Sea Exploration with Türkiye’s TPAO

TotalEnergies Eyes Black Sea Exploration with Türkiye’s TPAO

IEA Cuts Oil Demand, Supply Outlook Amid Iran War

IEA Cuts Oil Demand, Supply Outlook Amid Iran War

Philippines Seeks US Extension to Buy Russian Oil

Philippines Seeks US Extension to Buy Russian Oil

Borr Drilling Expects Higher Activity as Rigs Return to Work

Borr Drilling Expects Higher Activity as Rigs Return to Work

Iran-Linked Tankers Sail Through Hormuz Before US Blockade

Iran-Linked Tankers Sail Through Hormuz Before US Blockade

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