Support Vessel: N-Sea Expands Fleet with Offshore Support Vessel Newbuild - N-Sea Group has entered into a long-term charter agreement with Rederij Groen for the newbuild offshore support vessel Dominus…
Offshore: Oil Drops 7% After Trump Predicts War Could End Soon - Oil prices plummeted 7% on Tuesday after soaring to a more than three-year high in the previous session as U.S. President…
Drilling: Equinor Finds Oil and Gas Near Troll and Sleipner Hubs in North Sea - Equinor has made two hydrocarbon discoveries in the North Sea, finding oil in the Troll area and gas and condensate near the Sleipner hub…
Offshore: Aramco Warns of Severe Oil Market Fallout from Hormuz Blockade - Saudi Arabia's Aramco, the world's top oil exporter, said on Tuesday there would be 'catastrophic consequences' for the world's…
Offshore: US Undiscovered Offshore Reserves Could Maintain Supply for 100 Years - The Bureau of Ocean Energy Management has released the 2026 National Assessment of Undiscovered Oil and Gas Resources, an…
Deepwater: Offshore Tech: Seadrill Adopts igus’ Modular Energy Chains - A modular cable management system, designed by German-based supplier igus, has been implemented by offshore driller Seadrill to reduce downtime…
Offshore: OSV Market: Asia Pacific Downshifts for the Long Haul - 2025 was a year of recalibration, continuing the softness experienced since the fourth quarter of 2024. Rather than a slowdown…
Offshore: Caspian Sea Jackup Market: Locked-In Supply Shapes Utilization and Dayrates - Unlike larger jackup regions where scale provides greater flexibility, relatively minor changes in supply can have an outsized impact…