Stamper Oil & Gas has received an extension for Petroleum Exploration Licence (PEL) 102 offshore Namibia while continuing technical and strategic work across its offshore exploration portfolio amid increasing industry activity in the region…
Consultancy firm ABL Group has agreed to acquire Malaysia-based process safety and technical risk consultancy SynergenOG, expanding its engineering and risk management capabilities for the energy sector.ABL Group said SynergenOG would be integrated…
OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has completed the acquisition of the subsea business of Norway-based Envirex Group.The transaction expands OneSubsea’s access to Envirex’s specialized technologies and supports…
The Energy Workforce & Technology Council released its April 2026 jobs report, showing continued modest job growth in the energy services sector as companies cautiously respond to improving market conditions.Energy services employment totaled 627…
Oil prices rallied on Monday, a day after President Donald Trump said Iran's response to a U.S. proposal was 'unacceptable,' raising supply fears as the Strait of Hormuz stayed largely closed, which kept the global market tight.Brent crude futures LCOc1 climbed $4…
NOAA has announced a $21,600,909 million award for the purchase of uncrewed marine systems to be used on new charting and mapping vessels being built for the agency. This will support NOAA’s mission to deliver tools and information to help mariners safely transport the $2…
Viridien has launched the CDI25 project, a 6,555 km2 seismic reimaging endeavor in the Tano Basin in Côte d’Ivoire, delivering a drill-ready multi-client dataset for explorers pursuing opportunities along the West African Atlantic margin.CDI25…
Chevron said on Tuesday it would search for oil and gas south of Malta, which lies between producing Mediterranean nations Libya, Italy and Tunisia but has not got any production itself yet.Exploration studies will be based on existing data rather than newly drilled wells…
Exxon Mobil is using artificial intelligence and new technology to interpret seismic data from Guyana in days rather than months, John Ardill, the company's vice president of exploration, said on Tuesday.High‑performance computing and AI‑driven algorithms have accelerated seismic imaging…
ADNOC Drilling has completed its acquisition of an 80% stake in MB Petroleum Services (MBPS), forming a joint venture that expands its presence across Gulf markets and increases its total fleet to 170 rigs.The transaction, completed ahead of schedule…
Energy data and intelligence TGS has secured a new multi-client 3D streamer acquisition and processing project in the Åsta Graben area of the Norwegian North Sea.The new GeoStreamer survey will expand on TGS’ existing data coverage in the area…
Tidewater Inc. has announced a revenue drop for the three months ended March 31 of $326.2 million compared with $333.4 million for the three months ended March 31, 2025.Tidewater's net income for the three months ended March 31, 2026, was $6…
The Chouest Group announced it has completed the acquisition of the Alliance business from Helix Energy Solutions Group. Alliance will be integrated into Champagne Energy Solutions (CES), expanding the Group’s offshore decommissioning and plug & abandonment (P&A) platform…
Woodside Energy has connected its floating production unit (FPU) offshore Western Australia to onshore operations via fibre optic cable, marking a key milestone for the Scarborough Energy Project as it targets first LNG cargo later this year…
Norwind Offshore has doubled its fleet through the acquisition of six commissioning service operation (CSOV) vessels from Edda Wind.The transaction was completed in partnership with Navigare Capital Partners, the company said.The vessels have…
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