Arabian Drilling has suspended operations on several offshore rigs in the Gulf under safety protocols, while its active land fleet of 39 rigs continues operating without disruption.
TRIUMPH departed Bremerhaven on 23 March 2026 with offshore wind monopiles bound for Argentia, Canada, where arrival is estimated for 7 April 2026.
COSCO has reopened Gulf container bookings, but Hormuz controls, stranded ships and weaker freight rates show pressure remains across the regional shipping market.
Royal Van Oord reported sharply higher 2025 profit as offshore energy revenue increased, offsetting lower dredging and infrastructure turnover.
ExxonMobil has begun drilling for Turrum Phase 3 offshore Australia, aiming to send new Gippsland gas to the east coast domestic market before winter 2027.
Scrutiny has intensified over the export of Northern Endeavour after its arrival in Denmark, with FOI material, permit conditions and Basel Convention obligations drawing renewed attention.
Foresea has won a new Petrobras contract for the drillship ODN I offshore Brazil, adding about $465 million to backlog with work set to begin in early 2027.
Nigeria has cut idle well approval times to hours, aiming to boost crude output by accelerating reactivation of mature wells and reducing regulatory delays.
Canada and Nova Scotia have launched a 13-block offshore licensing round near Sable Island, signaling a structured return to oil and gas exploration investment.
