World’s first global shipping carbon price talks back at UN’s bargaining table

Block Energy Plans Strategic Entry Offshore Gabon

Block Energy has entered into a conditional agreement with Pilgrim Exploration for an investment linked to offshore production sharing contracts in Gabon, alongside plans to raise $6…

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Petrobras Expands Campos Basin Presence with Argonauta Deal

Petrobras has agreed to acquire 100% of a portion of the Argonauta field ring-fence in the Campos Basin from Shell, ONGC and Brava.The acquired portion corresponds to an area holding 0…

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BP Profit Surges to $3.2B on Iran War-Driven Trading Gains

BP's first-quarter profit more than doubled year-on-year to $3.2 billion - its highest in two-and-a-half years - the British oil major reported on Tuesday, beating…

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Tullow Oil Profit Falls 87% on Output Drop, Ghana Delays

West Africa-focused independent oil and gas explorer Tullow Oil posted an 87% slump in annual profit on Tuesday, partly due to lower production, while delayed payments…

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Australia Begins First Live S‑100 Bridge Trial

Australia has commenced its first live shipboard trial of S‑100 digital navigation data, with dynamic tidal and current information now being tested on the bridge of operational cruise vessels in Sydney Harbour.S‑100

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US Government to End Two Offshore Wind Leases

The U.S. Interior Department said on Monday that it had reached a deal to end two offshore wind leases off the coasts of New Jersey and California.Both projects are managed by Ocean Winds…

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Technology as Enabler of Energy Security in Offshore Asia

In recent years, Asia’s offshore sector has regained strategic importance, particularly in countries such as Malaysia, Indonesia and Vietnam, as operators pursue…

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Akastor’s DDW Offshore Agrees Sale of AHTS Vessel for $23M

Akastor’s subsidiary DDW Offshore has entered into a binding agreement to sell Skandi Emerald anchor handling tug supply (AHTS) vessel for $23 million.The AHTS, built in 2011…

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Registration Open for Teledyne Valeport's Marine Measurement Forum #71

Registration is now open for Marine Measurement Forum (MMF) #71, taking place on July 1, 2026 at Dartington Hall in Totnes, Devon. The one-day, in-person event will bring together professionals from research,

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Shearwater to Sell SW Baret for Conversion to Source Vessel

Shearwater Geoservices has agreed to sell the vessel SW Baret to an undisclosed buyer for conversion into a dedicated source vessel.The agreed sales price exceeds…

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Akastor’s DDW Offshore to Sell AHTS Vessel for $23M

Akastor’s subsidiary DDW Offshore has entered into a binding agreement to sell Skandi Emerald anchor handling tug supply (AHTS) vessel for $23 million.The AHTS, built in 2011…

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SLB, Baker Hughes Expect Oil Spending Rise on Supply Disruptions

Top oilfield services companies SLB and Baker Hughes said on Friday they expect higher spending on oil exploration and production, as tighter global supplies driven…