Rig Retirements Set to Rise as Utilization Falls to Lowest Level Since 2021

The offshore rig market recovery appears to have taken a pause, with

Bulls Joins TVO's Global Business Development Team

Trendsetter Vulcan Offshore (TVO), a developer of solutions for the offshore industry,

Ten Indonesian nationals pleaded guilty to illegally fishing in Australian waters in separate cases at Darwin Local Court on April 29 and 30, 2025. The first case arose from an incident on

SolarDuck, who specializes in offshore floating solar energy solutions, announced that it has achieved ISO 9001 certification, the world’s leading standard for quality management systems. The ISO 9001 certification awarded by Bureau

The UK's National Oceanography Centre (NOC) has renewed a memorandum of understanding (MOU) with the Royal Navy, reinforcing a long-standing partnership in marine science and technology. The MOU, which includes collaboration with

Higher Oil Production Boosts ExxonMobil’s First Quarter Profit

Exxon Mobil on Friday beat Wall Street's estimate for first-quarter profit as

Chevron’s First Quarter Earnings Meet Wall Street Profit Estimates

Chevron on Friday reported first-quarter earnings that met Wall Street estimates, but

DOF’s Two Subsea Vessels Get More Work off Brazil

Norwegian offshore vessel operator DOF Group has secured work for two of

The Future of Long-Idle Drillships: Cold-Stacked or Dead-Stacked?

Noble Corporation’s recent decision to sell the Pacific Meltem and Pacific Scirocco

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

U.K.-based PD Ports has outlined its plans to develop one of the

Pan American Energy and its partners Pampa Energia, Harbour Energy, YPF, and Golar LNG have taken the final investment decision (FID) for the Southern Energy floating…

Archer Inks Five-Year Deal with Repsol for Drilling Services

Oilfield services firm Archer has signed a five-year contract with Repsol Resources