Prosafe reports that Ithaca Energy has exercised an additional seven-week option for the Safe Caledonia, extending accommodation support at the Captain field into early February 2026. The extension follows a recent two-week option and carries an estimated value of USD 6.4 million.
Westwood’s APAC offshore report highlights core indicators shaping regional activity, including EPCI forecasts, Southeast Asia contract expectations, offshore wind auctions, rig utilisation levels and vessel fleet conditions across oil, gas and wind markets.
Iranian forces seized the Marshall Islands-flagged tanker Talara while it transited from the UAE toward Singapore. U.S. officials and maritime security centers say the vessel was redirected into Iranian territorial waters, marking the first such interdiction in months.
Bloomberg reports that Namibia has introduced a draft amendment to the Petroleum Act that would reassign several petroleum oversight responsibilities from the energy ministry to the presidency while offshore discovery negotiations continue with TotalEnergies.
The U.S. Coast Guard detected and monitored the Russian intelligence ship Kareliya about 15 nautical miles south of Oahu on 29 October, deploying an aircraft and cutter to conduct a safe overflight and monitor its activities near U.S. territorial waters.
