Offshore drilling contractors Transocean Ltd (NYSE: RIG) and Valaris Limited (NYSE: VAL) have signed a definitive agreement to combine the two companies under a deal that will see Transocean acquire Valaris in
London-based design and engineering consultancy Longitude has launched a compact “D-Flex” platform supply vessel (PSV) design – the second design in its IMT Isca series, introduced in 2024. Longitude says that the
Interest in carbon capture and storage (CCS) is accelerating as industries adapt to evolving regulatory expectations, customer requirements, and competitive pressures. For energy intensive industries such as cement, steel, chemicals, and refining,
The Bureau of Ocean Energy Management (BOEM) has released the Final Notice of Sale for Lease Sale Big Beautiful Gulf 2 (BBG2), the second of 30 Gulf of America oil and gas
Singapore’s Seatrium Limited reports that the Petrobras 78 (P-78) FPSO achieved first oil production, on Brazil’s Búzios field, on December 31, 2025. The milestone marked Seatrium’s successful expansion of its end-to-end capabilities
U.S. Transportation Secretary Sean P. Duffy today announced that Texas GulfLink LLC has received a license to own, construct, and operate a deepwater port for the export of crude oil from the
Hamburg-headquartered Windward Offshore has officially taken delivery of its second Commissioning Service Operation Vessel (CSOV), Windward Paris. Built by Fincantieri’s Norwegian subsidiary Vard, it was delivered ahead of schedule by its Vard
All five of the offshore wind projects paused by the Trump administration on Dec. 22, 2025, citing “national security risks” apparently related to radar clutter, have now won court orders allowing them
U.K.-based offshore wind crew transfer vessel (CTV) specialist Tidal Transit has unveiled the latest addition to its growing fleet of purpose-build crew transfer vessels (CTVs). Christened Emelia Jane in a ceremony at
The Bureau of Ocean Energy Management (BOEM) is to publish a Request for Information and Interest (RFI) to evaluate industry interest and gather public input that could inform a potential lease sale