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TRIG to Exit Batrice Offshore Wind Farm in $200M Stake Sale Deal

Jul 09, 2026

The Renewables Infrastructure Group (TRIG) has signed a sale and purchase agreement to divest its 17.5% stake in Scotland's 588 MW Beatrice offshore wind farm for about $207 million (£155 million).The agreement follows TRIG's June 15 announcement that funds managed by Equitix Investment Management…

TotalEnergies Ships First ECA LNG Cargo from Mexico to Asia

Jul 09, 2026

TotalEnergies has shipped the first cargo produced by the ECA LNG Phase 1 export terminal on Mexico's Pacific coast to Asia as the facility undergoes commissioning.The company holds a 16.6% stake in the project alongside operator Sempra Infrastructure and will offtake 1…

ExxonMobil Bets $1B on Nigeria’s Usan Offshore Development

Jul 09, 2026

ExxonMobil and its partners will invest $1 billion in the Usan Infill Project offshore Nigeria, a development expected to add 40,000 barrels per day (bpd) of oil production, Nigeria's upstream regulator said on Wednesday.The Nigerian Upstream…

Hormuz Standoff Risks Chronic Instability for Gulf Oil Flows

Jul 09, 2026

The possible collapse of U.S.-Iran peace talks and the stop-start flow of tankers through the Strait of Hormuz are a nightmare scenario for Gulf nations desperate to return to normal after a bruising multi-month conflict.What was meant to mark…

ECITB Global Launches New Suite of Safety Courses

Jul 08, 2026

ECITB Global has rolled out a suite of new courses designed to help workers operating in confined spaces within the engineering construction industry (ECI) across the world.The international skills body introduced the four new confined space…

From Fixtures to Values: Where the Jackup Recovery Is Already Being Priced

Jul 08, 2026

Premium jackup dayrates have improved from 2025 lows and are now holding within a higher range, but pricing remains uneven across fixtures and geographies. That is important, but dayrates are only the starting point. On their own, they say very…

Hill v. Jackson Offshore and the Delegation Clause

Jul 08, 2026

A Key Locking the Courthouse Doors Unless Precisely and Appropriately TargetedThe U.S. Court of Appeals for the Fifth Circuit’s May 2026 ruling in Hill v. Jackson Offshore1 makes it clear: broadly challenging an arbitration agreement won’t get you into court…

NextFloat Floating Wind Pilot Clears Key Spanish Regulatory Hurdle

Jul 08, 2026

The PlemCat floating offshore wind test site in the Spanish Mediterranean has secured a favorable Environmental Impact Assessment (EIA), clearing a key regulatory hurdle for deployment of X1 Wind's 8.5 MW X100 platform under the NextFloat project…

OMS Group Cuts First Steel for its Third Cable Laying Vessel

Jul 08, 2026

OMS Group has started construction of CS Resilience, the third vessel in its next-generation GREAT-Class fleet, with a first steel cutting ceremony held at CRIST's shipyard in Gdynia, Poland.The milestone marks the start of construction of the cable-laying vessel…

BOEM Advances Third US Gulf Lease Sale

Jul 08, 2026

The U.S. Bureau of Ocean Energy Management (BOEM) has issued the final notice for its third Gulf of America offshore lease sale required under the One Big Beautiful Bill Act, offering about 80.4 million acres on the U.S. Outer Continental Shelf…

BluEnergies, TotalEnergies Step Up Exploration Offshore Liberia

Jul 08, 2026

BluEnergies and TotalEnergies have advanced a work program across blocks LB-26, LB-30 and LB-31 in the Harper Basin offshore Liberia aimed at confirming and improving drillable prospects.The program includes reprocessing 6,167 square kilometers of 3D seismic data…

Eni and Petronas JV Extend Ventura Offshore’s Drilling Job in Indonesia

Jul 08, 2026

Eni Muara Bakau, a subsidiary of Eni-Petronas joint venture Searah, has extended a drilling job for Ventura Offshore’s SSV Catarina semi-submersible rig, operating offshore Indonesia.Eni Muara Bakau has exercised an option for a fourth well and a tophole in Indonesia for the the SSV Catarina…

Dolphin Drilling’s Blackford Dolphin Secures More Work for Oil India

Jul 08, 2026

Dolphin Drilling has secured a further extension for its deepwater-capable semi-submersible rig Blackford Dolphin with Oil India, keeping the rig on contract until at least August 28, 2026.The extension will allow completion of drilling, testing…

UTM Offshore Secures Gas Supply for $3B FLNG Project

Jul 08, 2026

Nigeria's UTM Offshore said on Tuesday it had secured a 15-year gas supply agreement, removing a major obstacle to a final investment decision on its $3 billion floating liquefied natural gas (FLNG) project, now expected in the fourth quarter after delays…

Petrobras Pays $58M for Extended Wells Compliance Deadline

Jul 08, 2026

Brazilian state-run oil firm Petrobras signed an agreement committing to bring 335 offshore wells into technical compliance, oil and gas regulator ANP said in a statement on Tuesday.Under the signed agreement, Petrobras has until the end of 2030 to comply with the rules…

Current News

Norway Approves Request to Delay Offshore Wind Farm License Application

Norway Approves Request to Del

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

TenneT Completes Drilling, Ins

Alexandre de Gusmão FPSO Reaches Peak Production

Alexandre de Gusmão FPSO Reach

Transocean Awarded $300 Million Contract for Ultra-Deepwater Drillship

Transocean Awarded $300 Millio

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