Arabian Drilling restarted recalled rigs and scheduled another to begin on 2 March 2026, while launching its first GCC international offshore contract focused on exploration work.
Trump ordered U.S. Development Finance Corporation to offer political risk insurance and guarantees for Gulf shipping after war-risk cover was withdrawn, and raised the option of tanker escorts.
Iran’s IRGC warned that the Hormuz route is closed and vessels attempting passage would be attacked, raising fresh operational and insurance risk for tanker trades.
Equinor completed its probe into the 23 September 2025 well-control event on Deepsea Bollsta at Troll, detailing a short gas release during casing cutting and follow-up measures.
Seaway7’s semi-submersible heavy transport vessel Seaway Eagle has completed the transport of jack-up rig GMS Enterprise from Dubai to Rotterdam, supporting offshore asset relocation.
