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Port of the Future 2026: A Look Back, a Path Forward

Mar 04, 2026

A Quick Q&A with Port of the Future Founder and Event Director Kevin Clement on key differentiators and the value of attending, exhibiting and speaking at Port of the Future 2026:CLICK HERE to discover the conference line-up and to register for Port of the Future 2026 in Houston, March 23-25.Q: What inspired the creation of the Port of the Future Conference?The idea started in 2019 with Dr. Tony Ambler at the University of Houston…

IPAA Responds to Interior's Rollback of Offshore Financial Assurance Rule

Mar 05, 2026

The Independent Petroleum Association of America (IPAA) has released a statement on the announcement from the United States Department of Interior on the intent to rollback the Biden Administration's offshore rule requiring companies to set…

OceanPact-CBO Merger to Form 73-Vessel Fleet

Mar 05, 2026

Brazilian firms OceanPact and CBO have announced plans to combine their businesses, creating what the companies described as the country’s most comprehensive integrated fleet and services platform for the offshore sector.The transaction will…

Harbour Energy Lifts Production Forecast After US Gulf Deals

Mar 05, 2026

Britain's Harbour Energy raised its 2026 output outlook on Thursday, citing a strong start to the year helped by early contributions from its newly acquired LLOG assets in the Gulf of Mexico.Harbour has been leaning on Wintershall Dea assets in Norway…

Oil Surges 3% on Supply Concerns as Iran Conflict Escalates

Mar 05, 2026

Oil prices surged more than 3% on Thursday, extending a rally as the escalating U.S.-Israeli war with Iran raised fears of prolonged disruptions to vital Middle East oil and gas supplies.Brent LCOc1 crude advanced $2.44, or 3%, to $83.84 per barrel by 0722 GMT…

Oil companies reject Trump Administration's Alaska Offshore Auction

Mar 04, 2026

The Trump administration sold more than 400,000 acres (406,876 hectares) of land in Alaska's Cook Inlet on Wednesday, but no oil and gas drillers showed up. They refused to make a bid.The One Big Beautiful Bill Act of U.S. president Donald Trump…

CHC Helicopter Wins Equinor’s Crew Change Contract for Brazilian Field

Mar 04, 2026

CHC do Brazil, part of CHC Helicopter, has been awarded a contract by Equinor to provide crew change support for the Bacalhau field offshore Brazil.The contract began at the start of February 2026. Under the agreement, CHC is operating an S…

QatarEnergy Declares Force Majeure with LNG Production Still on Hold

Mar 04, 2026

QatarEnergy has declared Force Majeure to its affected buyers, following the decision to stop the production of liquefied natural gas (LNG) and associated products as a consequence of Israel-U.S. war with Iran.“QatarEnergy values its relationships…

Oil Prices Go Up 3% as Iran Crisis Disrupts Supply

Mar 04, 2026

Oil prices rose 3% on Wednesday as the U.S.-Israeli war on Iran disrupted Middle East supplies, but the pace of gains slowed from past sessions after President Donald Trump suggested the U.S. Navy could escort vessels through the Strait of Hormuz…

IMCA Launches New Career Support Network

Mar 03, 2026

The International Marine Contractors Association (IMCA) has launched the IMCA Next Generation Network – a global, member-led network that will support the development of early career professionals.Designed to strengthen development pathways for junior workers in the marine construction sector…

Qatar LNG Halt Forces Asia to Seek Alternative Supplies

Mar 03, 2026

India began rationing natural gas on Tuesday while countries around Asia looked to the spot market to replace supplies, activated emergency plans and prepared to step up production, as the conflict in the Middle East curtailed shipping and halted Qatari output…

Europe Under Pressure as Gas Prices Climb Over 50% on Israel-US and Iran War

Mar 03, 2026

European financial markets are under strain as the U.S.-Israeli war on Iran revives concerns about an energy supply shock exacerbating inflation.ING says the euro zone is the most exposed major economy to the conflict, making the region, which has benefited from investor diversification out of U…

Oil Price Soars as US-Israel War with Iran Raises Supply Fears

Mar 03, 2026

Brent rose more than $3 on Tuesday for a third day of gains as the widening U.S.-Israeli conflict with Iran and threats to shipping via the Strait of Hormuz heightened fears of supply disruptions from the key Middle East producing region.Brent crude futures LCOc1 were at $80…

Tidewater CEO Upbeat Despite 2025 Challenges

Mar 02, 2026

Tidewater Inc. announced its 2025 results with Quintin Kneen, Tidewater’s President and CEO, commenting, “Although 2025 was anticipated to be a down year for the offshore industry, I am pleased to say that by all measures Tidewater was able…

BOEM Releases Offshore Alaska Seismic Survey Data

Mar 02, 2026

In alignment with President Trump’s Executive Order 14303, “Restoring Gold Standard Science,” the Bureau of Ocean Energy Management’s Alaska Outer Continental Shelf Region has released five 3D seismic survey datasets from the Beaufort Sea, expanding…

Current News

Remazel Expands Offshore Services Footprint in Brazil with H Tech Acquisition

Lamprell Secures ONGC Deal for Subsea Pipeline Replacement Project

Lamprell Secures ONGC Deal for Subsea Pipeline Replacement Project

China’s Five-Year Plan Focuses on Oil Stability, Gas and Reserves Growth

China’s Five-Year Plan Focuses on Oil Stability, Gas and Reserves Growth

Velesto Gets Shell’s Deepwater Job Offshore Malaysia

Velesto Gets Shell’s Deepwater Job Offshore Malaysia

Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

Subsea7 Extends Engagement on Türkiye’s Sakarya Field with New Deal

Asia’s Oil Reliance on Middle East Explained

Asia’s Oil Reliance on Middle East Explained

Oil Prices Go Up 3% as Iran Crisis Disrupts Supply

Oil Prices Go Up 3% as Iran Crisis Disrupts Supply

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