Thursday, March 12, 2026

N-Sea Expands Fleet with Offshore Support Vessel Newbuild

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…

Oil Drops 7% After Trump Predicts War Could End Soon

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…

Equinor Finds Oil and Gas Near Troll and Sleipner Hubs in...

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…

Aramco Warns of Severe Oil Market Fallout from Hormuz...

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…

US Undiscovered Offshore Reserves Could Maintain Supply...

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…

Offshore Tech: Seadrill Adopts igus’ Modular Energy Chains

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…

OSV Market: Asia Pacific Downshifts for the Long Haul

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…

Caspian Sea Jackup Market: Locked-In Supply Shapes...

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…

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