The Bureau of Ocean Energy Management announced proposed revisions to its regulations governing hard mineral resources on the U.S. Outer Continental Shelf aiming to advance exploration and development of critical minerals essential to national security…
The new Mission Specialist Wraith from VideoRay is a next-generation compact ROV that sets a new standard in subsea agility, power, and operational versatility. Featuring a ten-thruster design with true six-degrees-of-freedom control, Wraith…
Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras for its Aker Wayfarer vessel.AKOFS Offshore, majority owned by Akastor, said the 2010-built vessel will continue…
General licenses for oil and gas exploration in Venezuela issued by the U.S. this month will allow Shell to progress with its Dragon gas project, a company spokesperson told Reuters on Thursday.The project, envisioned to produce gas from a field in Venezuelan waters with 4…
Trendsetter Vulcan Offshore (TVO) added Jeff Bockmiller and Mike Tricarico to its project management staff.Bockmiller has spent more than a decade in project management and has 17+ years of experience in the energy industry. Before joining TVO…
Japan's top power generator JERA has begun construction of its offshore wind project in Akita, northern Japan, and is on schedule for a 2028 start-up, President Hisahide Okuda said on Wednesday.The move comes despite soaring material and construction costs…
Borr Drilling has reported a drop in revenue in its unaudited results for the three months and year ended December 31, 2025.Highlights include:•Fourth quarter total operating revenues of $259.4 million, a decrease of $17.7 million or 6% compared…
A consortium led by U.S. oil major Chevron signed exclusive lease agreements on Monday to look for natural gas off southern Greece, expanding the United States' presence in the eastern Mediterranean.The deal doubles the amount of Greek maritime…
Recent discussions with industrial teams have underscored how rapidly the digital “threatscape” is evolving across global energy systems, from oil and gas to chemicals, specialty gases, power generation, and transmission and distribution networks…
Martens en Van Oord, a contractor in roadworks, civil and hydraulic engineering, is taking a step toward further sustainability and modernization of its fleet by investing in the latest generation of the V4000 autonomous unmanned survey vessel (USV) from Demcon unmanned systems…
Offshore drilling contractor Transocean has agreed to acquire Valaris in an all-stock transaction valued at about $5.8 billion, creating one of the world’s largest offshore drilling contractors with a fleet of 73 drilling rigs.The combined company…
Subsea7 has secured contract by Chevron for subsea installation in the Eastern Mediterranean.Subsea7’s scope includes the transport and installation of approximately 17 kilometers of subsea flowlines and umbilicals.Project management and engineering…
Chevron and TotalEnergies are among the oil majors snapping up offshore blocks in West and Southern Africa as compelling geology, regulatory reforms, and the need to restock spur a hunt for the next Brazil.Companies are restocking their oil…
Provider of energy data and intelligence TGS has signed of an ocean bottom node (OBN) contract in Europe, extending the acquisition campaign further.The company’s node-on-a-rope crew is scheduled to start acquisition in early April and the contract has a duration of approximately 45 days…
Offshore seismic services firm Shearwater Geoservices has secured a 3D seismic acquisition contract by Eni, covering the PSC TL SO 22-23 area in the Timor Sea.The project comprises approximately 1,500 square kilometers and is scheduled to commence late in the first quarter of 2026…
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