Qatar LNG tankers have diverted routes as transit through the Strait of Hormuz remains constrained, highlighting ongoing disruption to global energy flows. SourceContinue Reading
Valaris extends its DS-4 drillship contract with Petrobras offshore Brazil, adding $447 million in backlog and securing deepwater work into 2030. SourceContinue Reading
Masirah Oil plans to begin drilling three development wells at the offshore Yumna field in Oman’s Block 50, advancing production activity in the area. SourceContinue Reading
The U.S. Interior Department plans to merge key offshore regulators to streamline leasing, permitting and oversight of oil, gas and emerging offshore resources. SourceContinue Reading
Lion Energy awards a drilling contract for its Bula Karang-1 exploration well in Indonesia’s East Seram PSC, targeting new oil potential offshore. SourceContinue Reading
A coalition of groups has filed a lawsuit challenging the U.S. decision to exempt Gulf offshore oil and gas operations from Endangered Species Act requirements, adding new regulatory uncertainty for operators. SourceContinue Reading
ABL and Tidewater sign an agreement to provide marine assurance and DP services for offshore support vessels operating in Egypt and regional waters. SourceContinue Reading
A Brazil-based deepwater driller sees rising investment in Latin American offshore projects as geopolitical risks in the Middle East shift focus toward more stable regions. SourceContinue Reading
Sen. Ted Cruz receives TIPRO’s Hats Off Award for supporting policies aimed at boosting U.S. oil and gas production and energy independence. SourceContinue Reading
OMV Petrom completes drilling of the Krum-1 well offshore Bulgaria, finding no significant gas but advancing geological understanding of the Black Sea basin. SourceContinue Reading