Mergers & Acquisitions: Borr Drilling's Mexican JV Expands Fleet with Five Jack-Ups - BC Ventures, a 50/50 joint venture between Borr Drilling and its long-term well construction partner in Mexico, has completed…
Finance: Eni’s Second Quarter Profit Hits Three-Year High - Italian energy group Eni on Wednesday lifted its share buyback programme by €600 million to €3.4 billion ($3.9 billion) after…
Finance: Woodside Narrows 2026 Output Outlook as Revenue Jumps - Australia's Woodside Energy reported a 28% rise in second-quarter revenue on Wednesday and narrowed its annual production forecast…
Offshore: Iran Rejects Omani Plan for Strait of Hormuz Management - Tehran has ruled out Oman's proposal for regional joint management of the Strait of Hormuz, a senior Iranian official told Reuters on Wednesday…
Technology: Bureau Veritas Gives Blessing to Seatrium’s 30MW Floating Data Center - Seatrium has received Approval in Principle (AiP) from Bureau Veritas Marine & Offshore for its 30 MW Floating Data Centre (FDC) concept…
Technology: Nauticus Unveils Next-Gen Electric Manipulator for AUVs - Nauticus Robotics has completed the first prototype of its next-generation electric manipulator, marking a milestone in the…
Industry News: Keppel Launches $2.9B Program to Monetize Legacy Offshore Drilling Rigs - Keppel has launched a program to monetize up to 10 legacy offshore drilling rigs through a newly established Keppel Offshore Fund (KOF)…
FLNG: Talos Energy Farms Into Mexico’s Offshore Oil Block via Repsol Deal - Talos Energy has agreed to acquire a 50% working interest in Block 29 offshore Mexico from Repsol, expanding its international…
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