Swedish ocean energy developer Minesto has signed a memorandum of understanding (MoU) with Chilean energy project developer Trayen Power to work…

SFL Corporation has won a legal battle, with Norway’s appeals court ordering Seadrill to pay $55 million over a 2022 rig redelivery breach.

Sunda has secured exclusivity for its New Zealand exploration permit bid, paving the way for a potential appraisal of a 41-year-old gas field.

Norway’s DOF Group has secured a contract extension for its construction support vessel (CSV) Skandi Nomad. In October 2025, Skandi Nomad’s…

Aventa has acquired Irish Sea Contractors (ISC) to broaden its services in subsea cable landfalls, marine infrastructure, and commercial diving…

This deal enables Petrobras to reconcile historical costs and production revenues for two deepwater assets in the Santos Basin offshore Brazil.

Dutch Fugro has secured long-term funding with a new facility from the European Investment Bank (EIB) to support the phased expansion of its…

Equinor, Petoro, and TotalEnergies have found up to 50 million barrels in the North Sea and are eyeing first production in under three years.

Pacifico Energy Vietnam has launched an offshore technical survey campaign for two projects with a combined capacity of 1.8 GW, following the…

Kistos is expanding its North Sea footprint through a multimillion-dollar acquisition with Vår Energi, boosting its hydrocarbon portfolio.