Two of Norway’s offshore companies, GoSubsea and Envirent, have announced a strategic partnership that combines technical expertise with expanded service offerings.In 2025, both companies were recognized with the prestigious Gaselle Award, highlighting…
CoreMarine & Jumbo Offshore have announced the award of a significant contract to perform the transport and installation of the soft-yoke (SSY) mooring systems, and hook-up of both the Hilli Episeyo FLNG and MKII FLNG vessels, in Argentina’s Golfo San Matías…
The Spanish shipyard C.N.P. FREIRE, S.A. (Freire Shipyard) held the launch ceremony of the diving support vessel, hull number 739, built for the Armada Logistics Support Command: A22 Proserpina in Vigo. Delivery is scheduled for later this year…
NYK has jointly implemented a crew transfer vessel (CTV) newbuilding project that applies 3D technology as a core platform throughout the design and construction process.This project is being carried out in collaboration with Kosaba Shipbuilding Co…
TotalEnergies has signed a preliminary agreement with Turkish state-owned energy company TPAO to explore the country's Black Sea waters for hydrocarbons, the French oil major said on Monday, nearly three years after pulling out of a gas exploration project in the sea's Bulgarian waters…
Vineyard Wind has filed a lawsuit seeking to block a wind turbine-supplying unit of GE Vernova from terminating agreements and abandoning work on a $4.5 billion offshore wind farm in Massachusetts on the eve of completion.Vineyard Wind, a joint venture between Spain's Iberdrola IBE…
Offshore drilling contractor Borr Drilling has informed that several of its rigs in the Middle East are returning to operations following recent disruptions, as the company secures a new contract in Southeast Asia.The company said the Arabia…
China urged calm and restraint by all sides on Monday, following U.S. President Donald Trump's threat to blockade the Strait of Hormuz after the failure of weekend talks in Islamabad aimed at ending the Iran war.Before the war, most Iranian oil exports were shipped to China…
Norwegian offshore vessel owner Solstad Maritime has secured a two-year extension of the current contract for the subsea construction vessel (CSV) Normand Fortress with Petrobras.The extension will start in early July 2026. Under the extended contract…
Oil prices surged on Monday as the U.S. moved to impose a blockade on Iranian shipping after the collapse of weekend peace talks, while the dollar rose and stocks and bonds fell.The U.S. move, aimed at putting pressure on Tehran, leaves a fragile…
British Prime Minister Keir Starmer said on Monday that whatever the pressure, Britain would not be dragged into the Iran war nor be involved in a blockade of the Strait of Hormuz.'We're not supporting the blockade,' he told BBC Radio 5 Live…
TotalEnergies has made a hydrocarbon discovery on the Moho license, offshore the Republic of Congo, following the drilling of the MHNM-6 NFW exploration well targeting the Moho G structure.The well encountered a hydrocarbon column of approximately 160 meters in good-quality Albian reservoirs…
BP has agreed to acquire a 60% interest in three offshore exploration blocks in Namibia from Eco Atlantic Oil & Gas, marking its entry into the country as an operator.The blocks - PEL97, PEL99 and PEL100 - are located in the Walvis Basin offshore Namibia…
The Iran war and the closure of the Strait of Hormuz have shattered a status quo that prevailed among Middle East oil and gas producers for decades. Even if the current, shaky ceasefire holds, the uneasy “new normal” has likely set the stage for yet another round of conflict…