Industry News: FPSO off Brazil Stabilizing Production After Halt - Production at Brazilian state-run oil firm Petrobras' P-69 offshore oil platform, in the country's Tupi field, was temporarily…
Industry News: Petrobras Greenlights Funds for Second Phase of Brazil's Deepwater Scheme - Brazilian state-run oil company Petrobras has approved the final investment decision (FID) for Module 2 of its Sergipe Deep…
Vessels: Subsea Vessel Market Outlook 'Robust' for 2026 - Throughout 2025 we have seen the subsea vessel market transitioning from a period of record highs towards a more cautious…
Coastal/Inland: CPC Suspends Black Sea Oil Exports After Storm Halts Terminal - The Caspian Pipeline Consortium, which delivers oil from Kazakhstan, said it had suspended oil exports from the Black Sea's…
Industry News: Nigeria Approves Major Debt Write-Off at NNPC Ahead of Asset Sales - Nigerian President Bola Tinubu has approved the cancellation of $1.42 billion and 5.57 trillion naira ($3.85 billion) in…
Mergers & Acquisitions: Europa Oil & Gas Sells Equatorial Guinea Offshore Block Stake to China’s Fuhai - Europa Oil & Gas has through its associated company Antler Global signed a binding farm-out agreement with China’s Fuhai…
Deepwater: Saipem Extends Charter, Purchase Option for Deep Value Driller Drillship - Deep Value Driller has agreed with Saipem to extend the bareboat charter for its seventh-generation drillship Deep Value…
Technology: Vestas Books First South Korean Offshore Wind Order - Vestas has received a 390 MW order for the Shinan-Ui offshore wind project in Jeollanam Province in South Korea.The project…
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