Talos Energy and an affiliate of Ridgewood Energy Corporation have agreed to acquire Shell's interests in the Na Kika platform and the Coulomb field in the Gulf of America in a deal valued at $1.7 billion.Under the agreement, Talos will acquire a 50% working interest and operatorship in the Shell-owned Coulomb field and a 25% non-operated working interest in the BP-operated Na Kika platform and its associated Kepler…
A Key Locking the Courthouse Doors Unless Precisely and Appropriately TargetedThe U.S. Court of Appeals for the Fifth Circuit’s May 2026 ruling in Hill v. Jackson Offshore1 makes it clear: broadly challenging an arbitration agreement won’t get you into court…
The PlemCat floating offshore wind test site in the Spanish Mediterranean has secured a favorable Environmental Impact Assessment (EIA), clearing a key regulatory hurdle for deployment of X1 Wind's 8.5 MW X100 platform under the NextFloat project…
OMS Group has started construction of CS Resilience, the third vessel in its next-generation GREAT-Class fleet, with a first steel cutting ceremony held at CRIST's shipyard in Gdynia, Poland.The milestone marks the start of construction of the cable-laying vessel…
The U.S. Bureau of Ocean Energy Management (BOEM) has issued the final notice for its third Gulf of America offshore lease sale required under the One Big Beautiful Bill Act, offering about 80.4 million acres on the U.S. Outer Continental Shelf…
Oil prices gained more than 3% on Wednesday after Iran and the U.S. military traded airstrikes and Washington reimposed crude sales sanctions on Tehran, raising fears their fragile truce was unravelling and Middle East supplies could be disrupted again…
Oil rose on Tuesday as traders' nervousness about a lack of progress on peace talks between the United States and Iran offset any price impact of a slight recovery in shipping through the Strait of Hormuz.Brent crude futures LCOc1 gained $1…
Italian shipbuilder Fincantieri has agreed to acquire majority stakes in four companies for an initial expenditure of about $687 million (€600 million), expanding its capabilities in marine drones, subsea services and underwater communications across commercial and defense markets…
Bernhard Schulte Offshore (BSO) has taken delivery of Windea Clarke, the fourth and final commissioning service operation vessel (CSOV) in its latest newbuild series, with the vessel set to enter a seasonal charter on a UK North Sea offshore wind project…
Gastech 2026 will take place in Bangkok, Thailand from September 14-17, 2026, uniting global decision makers and energy leaders to address urgent supply security and system resilience priorities amid mounting geopolitical instability.Positioned…
ADNOC’s XRG has completed the acquisition of an additional equity interest in Trains 4 and 5 of the Rio Grande LNG project in Texas, increasing its participation across all five trains currently under construction at the liquefied natural gas (LNG) export facility…
Oil prices fell for a third consecutive day on Thursday as concerns over supply disruptions eased after Qatar said Iran and the U.S. had made progress in talks over the Strait of Hormuz.Brent futures LCOc1 were 66 cents or 0.92% lower at $70…
Sable Offshore Corp. announced plans to raise up to $400 million through concurrent public offerings of common stock and convertible senior notes as the offshore energy company moves to refinance existing debt and strengthen its balance sheet…
Lighting company Glamox has appointed Elisabeth Tapper as its chief business and marketing officer, a newly created role aimed at strengthening customer focus, commercial excellence and business development across its global operations.Tapper…
Vår Energi and Equinor have agreed to swap assets on the Norwegian continental shelf, with Vår Energi increasing its exposure around the Gjøa area and Equinor strengthening its position in the Troll-Fram region.Under the agreement, Vår Energi will acquire a 32…
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