Oil prices rose for a second successive session on Tuesday as lingering concern over Middle East supply disruption brought about by the US-Israeli war on Iran outweighed signs of recovering crude exports from the region.Brent crude futures for November LCOc1 rose $1…
ACUA Ocean and Forssea Robotics have completed trials combining an uncrewed surface vessel (USV) with a remotely operated vehicle (ROV) for fully remote subsea inspection and light intervention operations off Plymouth in the UK.The three-week…
Dajin Heavy Industry has selected Ulstein's ULSTEIN HX122 design for an offshore installation vessel capable of installing future 4XL monopiles, expanding the offshore wind foundation supplier's activities into offshore installation.The vessel…
Fugro has completed an ultra-deepwater geohazard site survey for Petronas Carigali's Megah and Limbayong fields off Sabah, East Malaysia, using autonomous underwater vehicle (AUV) technology.The offshore campaign ran from June to August 2026…
Mermaid Maritime has established a joint venture with Nigerian oilfield services company Marine Platforms Limited to pursue subsea work for TotalEnergies Nigeria and other oil and gas operators in the country.The new company, Mermaid Subsea Services Limited…
More QatarEnergy-linked liquefied natural gas vessels, laden and in ballast, have transited the Strait of Hormuz in the last week despite the US-Iran conflict.In August, Kpler data showed no visible transits by Qatar-linked LNG vessels or vessels carrying cargoes from the Ras Laffan gas terminal…
Finder Energy has secured the principal environmental approval for its Kuda Tasi and Jahal (KTJ) oil development in Timor-Leste, clearing a key regulatory hurdle as the project moves towards a final investment decision.Timor-Leste's Autoridade…
Shearwater Geoservices has been awarded a three-year ocean bottom node (OBN) seismic acquisition contract by an undisclosed oil and gas company for work offshore South America, with operations set to begin in the fourth quarter of 2026.The contract…
Noble Corporation has secured a contract by Tullow Oil for the Noble Faye Kozack drillship for a drilling campaign offshore Ghana.The work will include up to 10 wells off Ghana, with the campaign expected to start in mid-2027.“This award reflects…
TotalEnergies, SOCAR and XRG have taken a final investment decision (FID) on the full-field development of Azerbaijan's Absheron gas and condensate field, targeting an increase in gas production to 6 billion cubic meters per year from 2029.TotalEnergies…
The world's biggest energy companies are poised to deliver another quarter of bumper profits, fuelled by record refining margins. Flush with cash, Big Oil now needs to chart a course for future growth in a world reshaped by the Middle East crisis…
AQO, a new subsea equipment provider, has launched to offer cost-efficient deployment systems.Powered by SMD, AQO has been created to serve a broader range of operators by introducing a proposition for customers seeking reliable technology,…
Omega Subsea has secured a five-year agreement to provide ROV services for NKT's newbuild cable laying vessel (CLV) NKT Eleonora, expanding a partnership that already covers the NKT Victoria.The agreement follows a separate five-year contract announced in June for NKT Victoria…
SLB has been awarded four integrated well construction contracts by Aramco covering more than 450 oil and gas wells across Saudi Arabia over an initial three-year period.Each contract includes an option to extend the work by up to two years…
Louis Dreyfus Armateurs (LD Armateurs) has taken delivery of the DP2 multipurpose support vessel TVO Mariner for its LD TravOcean subsidiary, expanding its capacity for subsea cable installation, repair and protection work.The vessel, delivered to the group in mid-September…