Australia has launched its first offshore oil and gas acreage package since 2022, offering five Otway Basin blocks off Victoria as it seeks to manage future gas supply risks on the east coast.
DeepOcean and Equinor have renewed their subsea IMR frame agreement, ensuring continuous IMR services from 2006 to 2035 and vessel-based and onshore support through 2026 and into 2027.
BOKA Ocean has completed the final inter-array cable at Ørsted’s 913 MW Borkum Riffgrund 3 offshore wind farm after more than 18 months and four campaigns, working closely with Ndeavor.
Underwater archaeologists have uncovered a rare ancient Egyptian pleasure barge near Antirhodos in Alexandria’s sunken Portus Magnus, a first-century CE thalamagos preserved on the seabed beside the Temple of Isis.
US forces have seized a VLCC widely identified as the Skipper after satellite imagery showed the 310,000 dwt tanker loading about 1.1 million barrels of sanctioned Merey crude at Venezuela’s Jose terminal.
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Shell is considering selling a 20% stake in Brazil’s offshore Gato do Mato cluster to help finance a nearly $3 billion deepwater development, while keeping operatorship and maintaining its position in the country.
Brazil’s Petrobras has issued a tender dated 8 December 2025 for decommissioning and reuse work on ageing FPSOs P-35 and P-37 from the Marlim field in the Campos basin.
A Comoros-flagged tanker linked to Russia’s shadow fleet has become the third vessel hit by a Ukrainian sea drone in the Black Sea, unsettling shipping and pushing up war-risk costs as Moscow issues new threats.
Upstream reports that NOPSEMA is investigating a piling incident on Shell’s Crux gas project involving McDermott’s DLV 2000. No injuries were reported, but regulators and the contractor are reviewing safety practices.
