Latest News - page 20

 

OceanAlpha Shares USV Offerings at Oi26

Apr 05, 2026

Pinestone Shi, General Manager at OceanAlpha, discusses the V180 unmanned surface vessel (USV), designed for deepwater, offshore inspection, maintenance, and repair tasks. Shi also shares insight on the Fire Conqueror USV, designed for maritime fire emergencies, and other vessel offerings.

DroneQ Robotics, Mark Offshore Collaborate with R/V Mintis

Apr 02, 2026

Unmanned robotics services provider DroneQ Robotics and offshore support and vessel management Mark Offshore have struck a deal on the latter's new fleet addition 'R/V Mintis.' Mark Offshore manages and operates the DP1 ROV Support & Survey vessel…

OMV Petrom’s Black Sea Well Fails to Find Significant Gas Volumes

Apr 02, 2026

OMV Petrom and its partners have completed drilling of the Krum-1 exploration well in the Han Asparuh Block offshore Bulgaria, but did not encounter significant gas volumes.The well, drilled to a depth of around 3,500 meters in the Black Sea…

Eco Wave Power Completes Los Angeles Wave Energy Pilot with Shell

Apr 02, 2026

Eco Wave Power has completed its wave energy pilot project at the Port of Los Angeles, submitting a final report to Shell International Exploration and Production and concluding a development program launched in 2024.The project, located at AltaSea in the Port of Los Angeles…

Borr Drilling Secures New Drilling Rig Contracts Across Four Regions

Apr 02, 2026

Offshore drilling contractor Borr Drilling has secured new contract commitments and extensions for four of its premium jack-up rigs across Africa, the Americas, Europe and Southeast Asia.In West Africa, the Prospector 5 rig has received a binding…

BP, ADNOC JV Takes FID on Harmattan Gas Project off Egypt

Apr 02, 2026

Arcius Energy, a joint venture between BP and ADNOC, has taken a final investment decision to develop the Harmattan gas field in Egypt’s El Burg Offshore concession.The investment, estimated at approximately $500, marks one of Arcius’ first…

Oil Hikes 7% after Trump Says US-Israel will Keep Striking Iran

Apr 02, 2026

Oil prices climbed nearly 7% on Thursday after President Donald Trump said the U.S. would continue attacks on Iran, stoking fears of prolonged disruptions to oil supply.Brent crude futures LCOc1were up $7.65, or 7.6%, to $108.81 per barrel at 0902 GMT…

EnQuest Enters Malaysia with Cendramas Production Sharing Deal

Apr 02, 2026

EnQuest has signed a production sharing contract (PSC) for the Cendramas block offshore Malaysia, marking its entry into Southeast Asia.The agreement, awarded by Petronas through Malaysia Petroleum Management, will see EnQuest hold a 25% participating…

IEA: Oil Supply Disruptions to Impact Europe from April

Apr 02, 2026

Oil supply disruptions from the Middle East will rise in April and begin to impact Europe's economy as the closure of the Strait of Hormuz severely curbs supplies, International Energy Agency head Fatih Birol said on Wednesday.More than 12 million…

Energean Warns Prolonged Conflict May Delay $1B Gas Project

Apr 02, 2026

Oil and gas producer Energean is spending about $10 million a month to keep its shut-in Israeli offshore operations on standby, and its more than $1 billion Katlan project will be delayed if the Iran war lasts beyond May, its CEO told Reuters…

Subsea7 Awarded Contract Offshore Equatorial Guinea

Apr 01, 2026

Subsea7 has been awarded a contract by Noble Energy EG Ltd (a Chevron Company) for the subsea installation scope on the Aseng Gas Monetisation Project, offshore Equatorial Guinea.The project involves a single-well tieback connecting Aseng field to the existing Alen platform…

Shell in Talks with Venezuela for More Gas Areas

Apr 01, 2026

Shell is in advanced talks with Venezuela's government to develop four large areas near Trinidad and Tobago, in two of the South American country's largest offshore natural gas fields, two people familiar with the discussions said.The London…

Teledyne eXtreamer for Seismic Data Receives 2026 Spotlight on New Technology Award

Apr 01, 2026

Teledyne Geophysical Instruments, a division of Teledyne Marine, has announced that eXtreamer, its advanced small form factor seismic streamer, has received a 2026 Spotlight on New Technology Award, from the Offshore Technology Conference (OTC)…

Iran War Reshapes Global LNG Trade

Apr 01, 2026

The U.S. and Israeli war against Iran has changed the global market for liquefied natural gas (LNG), providing a boost to producers outside the Middle East that will likely last long after the current conflict ends.One of the major beneficiaries is Australia…

US Exempts Gulf of Mexico Drillers from Endangered Species Rules

Mar 31, 2026

A committee of senior officials in President Donald Trump's administration voted on Tuesday to exempt the Gulf of Mexico oil and gas industry from a federal law meant to protect endangered species including whales, birds and sea turtles.The decision…

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