Panama ends flag access for aging tankers and bulkers amid shadow fleet concerns

T12 Engineering to Deliver Subsea Equipment for Norwegian Operator

T12 Engineering has secured a contract with an independent Norwegian oil and gas operator to design and manufacture a 60-tonne subsea modular structure.The engineering specialist…

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CIMC Picks TMC’s Compressors for Golar LNG’s MK II FLNG Unit

CIMC Raffles has awarded a contract to TMC Compressors to deliver a complete marine compressed air system for the MK II floating liquefied natural gas (FLNG) facility…

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AF Offshore Gets Ithaca Energy’s Decom Job in North Sea

AF Offshore Decom (AFOD), a company within AF Gruppen, has signed a contract with Ithaca Energy for the engineering, receipt, dismantling, and recycling of a floating production platform from the U…

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Trump: US Oil Majors to Spend Billions in Venezuela to Restore Output

President Donald Trump said that American oil companies were prepared to tackle the difficult task of entering Venezuela and investing to restore production in the South American country…

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Latvia Police Board Vessel After Baltic Sea Cable Breach

An undersea telecoms cable was damaged in the Baltic Sea on Friday, and Latvian investigators on Sunday boarded a ship in connection with the incident, the country's state police said in a

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Petrobras to Start Production at P-79 Oil Platform in Q2 2026

Brazilian state-run oil firm Petrobras expects to start production at its P-79 oil platform in the Santos Basin in the second quarter, director for engineering,…

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Empire to File Injunction Against Lease Suspension Order

Empire Offshore Wind LLC (Empire) filed a civil suit in the U.S. District Court for the District of Columbia today, January 2, 2026, challenging the U.S. Department…

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Japan Tests Deep Seabed Mining of Rare-Earth Mud

Japan will conduct test mining of rare-earth-rich mud from the deep seabed off Minamitori Island, some 1,900 kilometres (1,180 miles) southeast of Tokyo, from January 11 to February 14, the head of

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Petrobras FPSO Initiates Búzios 6 Production

The FPSO P-78 can produce up to 180,000 barrels per day and will increase the gas supply.Petrobras began oil production from the P-78 floating production, storage…

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North Sea Oil Supply Edges Lower

North Sea daily oil output in February will be slightly lower than January's plan, dropping by about 0.5%, according to Reuters calculations based on loading programmes provided by trade sources…

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Tech Feature: Offshore Wind Turbines & Pushing Gear Oil Limits

As demand for wind energy intensifies, turbine reliability and efficiency are paramount. In this context, lubrication plays a vital - yet often underestimated - role…

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Offshore Wind: Building the UK’s First Nearshore Artificial Nesting Structures

As offshore wind rises to meet ambitious climate goals, balancing the need for infrastructure with maintaining biodiversity has become a pressing challenge. One innovative…