SBM Offshore has secured contracts from Petrobras to design, build and operate the SEAP-I and SEAP-II FPSOs for the Sergipe-Alagoas basin offshore Brazil, supporting a major deepwater oil and gas development with first deliveries planned for 2030 and 2031. SourceContinue Reading
Smart Seismic Solutions (S3) has purchased a 20,000-node STRYDE seismic acquisition system, expanding its onshore survey capabilities following large-scale deployments across Europe for carbon storage and geothermal exploration projects. SourceContinue Reading
Norway is urging the European Union to remove its moratorium on new Arctic oil and gas drilling, arguing that increased Barents Sea exploration could strengthen European energy security as the region remains heavily dependent on Norwegian gas supplies. SourceContinue Reading
Chevron CEO Mike Wirth said multiple vessels transiting the Strait of Hormuz were attacked this week, highlighting persistent security risks for oil shipping even as the United States and Iran move closer to a potential ceasefire agreement. SourceContinue Reading
Texas Railroad Commissioner Wayne Christian applauded nation-leading Texas oil production growth, citing new data showing continued strength in Texas drilling activity and steady employment gains in the upstream sector. SourceContinue Reading
The U.S. and Iran have reportedly reached a tentative agreement to extend their ceasefire by 60 days and continue negotiations over Tehran’s nuclear program and the Strait of Hormuz, though final approval from President Trump remains pending. SourceContinue Reading
Aberdeen-based Rovtech Solutions is expanding its offshore energy robotics technology into maritime defense markets through a new partnership focused on subsea infrastructure protection, mine countermeasures and autonomous naval operations. SourceContinue Reading
Texas oil and gas regulator Wayne Christian today celebrated nation-leading Texas oil production growth, citing new data showing continued strength in Texas drilling activity and steady employment gains in the upstream sector. SourceContinue Reading
Reform UK Deputy Leader Richard Tice promoted expanded North Sea drilling and lower energy costs during a meeting with major energy companies, highlighting growing political pressure on the UK’s net zero and energy transition policies. SourceContinue Reading
Three oil tankers tied to Russia’s shadow fleet were reportedly targeted by drone attacks during ship-to-ship crude transfer operations in the Black Sea near Turkey, highlighting escalating risks to regional oil shipping routes. SourceContinue Reading
