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

India Claims $30b from Reliance Industries, BP for Underproduction

India is seeking over $30 billion in compensation from Reliance Industries and BP in an arbitration case for gas it says the companies failed to produce from offshore fields…

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"No Find, No Fee" Search for MH370 to Commence

Nearly 12 years after Malaysia Airlines Flight MH370 vanished with 239 people on board, the mystery remains unresolved. Later this month, a new seabed search is scheduled to begin in the southern Indian

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USACE's Major General Jason Kelly & Modernizing America’s Waterways

For Major General Jason Kelly, Rebuilding and Maintaining the Nation’s Critical Waterway Infrastructure is personal.When Major General Jason Kelly reflects on his path to leading the United States Army Corps of Engineers’

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Prysmian, Fincantieri to buy Xtera in Subsea Telecom Cables Push

A Prysmian-led joint venture with Fincantieri has signed an agreement to acquire Xtera Topco Limited, a UK- and US-based provider of turnkey subsea telecom systems, in a move that expands Prysmian’s presence

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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 is developed by Shinan-Ui Offshore Wind…

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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 Driller and to prolong the period during…

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Woodside, BOTAŞ Shake Hands on Long-Term LNG Supply Deal

Australia’s Woodside Energy has finalized a long-term liquefied natural gas supply agreement with Türkiye’s state pipeline operator BOTAŞ, marking Woodside’s first…

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Petronas Drills First of Four Wells in Block Offshore Suriname

Petronas has completed drilling of the Caiman-1 exploration well in Block 52 offshore Suriname, marking the first well in its four-well 2025–2026 drilling campaign in the block…

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PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

Vietnam’s PV Drilling has informed that its jack-up rig PV DRILLING IX arrived to Vietnam, after completing a two-month transport voyage from Europe, marking a key…

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Baker Hughes Secures Kuwait Oil Company Contract for Production Uplift

Baker Hughes has signed a multi-year contract with Kuwait Oil Company (KOC) to supply advanced artificial lift systems and related services aimed at boosting production…

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US Orders Military to Enforce ‘Quarantine’ of Venezuelan Oil

The White House has ordered U.S. military forces to focus almost exclusively on enforcing a 'quarantine' of Venezuelan oil for at least the next two months, a U…

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South Korean Firm Buys Into Indonesian Offshore Oil Block

SK Earthon, the energy resource development unit of SK Innovation, has acquired a 34% stake in the North Ketapang exploration block offshore Indonesia, expanding…