Saipem has secured early-stage SURF work on ExxonMobil’s Longtail project offshore Guyana, signaling continued momentum in one of the world’s fastest-growing deepwater basins. SourceContinue Reading
Innovex has acquired Drilling Innovative Solutions, adding float valves and cementing tools to expand its downhole technology portfolio and support well construction efficiency. SourceContinue Reading
Stalled U.S.-Iran talks ahead of the ceasefire deadline are casting doubt on reopening the Strait of Hormuz, leaving global oil flows and tanker traffic in limbo. SourceContinue Reading
Nearly half of oil and gas assets in the Gulf are operating beyond design life, as Strait of Hormuz disruptions intensify pressure on aging infrastructure, according to new IGS research. SourceContinue Reading
ASCO has secured $33 million in contracts across Australia, supporting offshore decommissioning, logistics operations and gas development projects including the Waitsia gas plant. SourceContinue Reading
Halliburton says its global operations are holding up despite Iran-driven disruption in the Middle East, while early signs of a North America rebound point to a shifting upstream outlook. SourceContinue Reading
VAALCO Energy reports strong initial production from its Etame 14H well offshore Gabon, advances drilling at Ebouri, and progresses toward Q2 2026 restart of the Baobab FPSO offshore Côte d’Ivoire. SourceContinue Reading
Mental health support is gaining traction as part of offshore HSE strategy, with new services expanding into the Middle East to support high-risk energy workforces. SourceContinue Reading
Sable Offshore is ramping production at its Santa Ynez Unit and targeting new output in 2026, while advancing refinancing plans and pursuing legal claims tied to its California operations. SourceContinue Reading
Operations on the Deepsea Atlantic rig have been suspended after a blowout preventer (BOP) was dropped to the seabed during drilling activities, with recovery and investigation underway. SourceContinue Reading
