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ONGC Completes 44 Offshore Rig Moves Ahead of Monsoon Season

Jun 25, 2026

India's Oil and Natural Gas Corporation (ONGC), supported by energy and marine consultancy ABL, has completed the relocation of 44 jack-up rigs ahead of the monsoon season.The pre-monsoon rig moves were carried out between March 15 and May 31…

ABL Expands Asset Integrity Services in Brazil

Jun 23, 2026

Energy and marine consultancy ABL has opened a new office in Salvador, Brazil, expanding its presence in the country and strengthening its asset integrity management offering for the oil and gas, maritime and industrial sectors.The new office…

ABL Group to Rebrand as Aqualis

Jun 16, 2026

Oslo-listed consultancy company ABL Group plans to change its name to Aqualis, seeking to eliminate confusion created by the use of ABL as both the name of the listed parent company and one of its operating businesses.The group provides marine…

MOL, Repsol and TPAO Advance Deepwater Libya Exploration Project

Jun 16, 2026

Hungary's MOL Group and its joint venture partners Repsol and Türkiye Petrolleri A.O. (TPAO) have signed a production sharing agreement for a deepwater offshore exploration block in Libya's Mediterranean waters, advancing plans for oil and gas exploration in the North African country…

AD Ports Group, Dajin Heavy Explore Offshore Wind Partnership Opportunities

Jun 16, 2026

AD Ports Group and offshore wind equipment manufacturer Dajin Heavy Industry have signed a memorandum of understanding (MoU) to explore cooperation in offshore wind supply chain development, maritime logistics, port infrastructure and strategic vessel investments…

Norway Oil Service Strike Begins as Wage Talks Split Unions

Jun 15, 2026

A group of oil service workers in Norway said on Monday they will go on strike as wage talks broke down, while a second labour union said it had reached agreement with the industry and would continue working.There was no immediate expectation that oil and gas output would be affected…

EnQuest to Buy Malaysia Offshore Interests in $833M Deal

Jun 10, 2026

EnQuest has agreed to acquire interests in four offshore production sharing contracts (PSCs) in Malaysia for up to $833 million, a deal that would significantly increase the independent energy company's production, reserves and cash flow.The…

Olivier Blaringhem Appointed as CEO of BOURBON

Jun 04, 2026

BOURBON announced the appointment of Olivier Blaringhem as Chief Executive Officer, effective September 14, 2026. He is succeeding Gaël Bodénès, who has held this position since 2017.Olivier Blaringhem has more than 25 years of international experience in maritime services…

MISC Reports First Quarter Increase in Revenue

May 26, 2026

The MISC Group revenue of RM2,891.4 million ($729 million) was 2.7% higher than the revenue for the period ended March 31, 2025.The increase was mainly due to higher revenue from the company’s Petroleum and Product Shipping segment, primarily driven by higher freight rates and earning days…

Wood Secures Subsea Design Scope on QatarEnergy’s Bul Hanine Redevelopment

May 21, 2026

Wood has secured a contract by China Offshore Oil Engineering Company (COOEC) to deliver detailed design work for QatarEnergy’s Bul Hanine EPIC2 offshore oil and gas redevelopment project in Qatar.The scope includes the design of 25 subsea pipelines…

Inpex' Ichthys LNG Facility Workers in Australia Set for End of May Strike

May 18, 2026

The Offshore Alliance said on Monday the union grouping had served notice to strike at Inpex's Ichthys liquefied natural gas facility in northern Australia from May 27, in a move that could worsen already tight global energy supplies.Last month 326 of 346 union workers at the 9…

Longitude to Integrate SynergenOG Following ABL Group Acquisition

May 13, 2026

Consultancy firm ABL Group has agreed to acquire Malaysia-based process safety and technical risk consultancy SynergenOG, expanding its engineering and risk management capabilities for the energy sector.ABL Group said SynergenOG would be integrated…

SBM Offshore Boosts Revenue Outlook on Strong Turnkey Business

May 07, 2026

Dutch floating production specialist SBM Offshore raised its 2026 revenue guidance on Thursday after first-quarter directional revenue more than tripled, driven mainly by its turnkey business and the sale of One Guyana.The company sold One Guyana…

Southeast Asia Sees New Wave of Deepwater Gas Projects

May 04, 2026

Southeast Asia is entering a critical second wave of deepwater gas development targeting 28 trillion cubic feet of resources across Indonesia, Malaysia and Brunei. However, delivering these projects won’t be easy, says Wood Mackenzie.The models suggest these projects have fragile economics…

Chouest Group Acquires Alliance Business from Helix Energy Solutions Group

May 01, 2026

The Chouest Group announced it has completed the acquisition of the Alliance business from Helix Energy Solutions Group. Alliance will be integrated into Champagne Energy Solutions (CES), expanding the Group’s offshore decommissioning and plug & abandonment (P&A) platform…

Current News

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

FPSO for Azule Energy’s Angola Offshore Field Starts Taking Shape in China

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Saipem Cuts Earnings Outlook as Middle East Costs Rise

Serica Energy Agrees $194M Pharos Energy Acquisition

Serica Energy Agrees $194M Pharos Energy Acquisition

Oil Eases After Topping $100, Still Set for Weekly Rise

Oil Eases After Topping $100, Still Set for Weekly Rise

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

BP Moves Indonesia CCUS Project Into Offshore Installation Phase

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