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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. Source
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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. Source
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ASCO has secured $33 million in contracts across Australia, supporting offshore decommissioning, logistics operations and gas development projects including the Waitsia gas plant. Source
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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. Source
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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. Source
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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. Source
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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. Source
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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. Source
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President Trump has invoked the Defense Production Act to accelerate U.S. oil, gas and infrastructure development, signaling a major push to boost domestic supply amid global disruption. Source
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Griffon Marine has sold its BHT-130 series hovercraft Solent Express to Caspian Offshore Construction (COC), where the vessel will support oil and gas operations in the North Caspian Sea. Source
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