bp Plans 700 Upstream Job Cuts in Global Restructuring
31, July 2026
bp plans to cut 700 upstream positions worldwide, equal to about 8% of the non-frontline workforce in its former production and operations business.
Blogs forJuly 31st, 2026
Subsea 7 Profit Rises to $254 Million as 2026 Margin Guidance Reaches 24%
31, July 2026
Subsea 7 reported Q2 2026 net income of $254 million and Adjusted EBITDA of $471 million as its full-year margin guidance increased to approximately 24%.
DOF Extends Petrobras Contracts for Skandi Buzios and Skandi Recife
31, July 2026
DOF Group ASA has extended Petrobras contracts for the PLSVs Skandi Buzios and Skandi Recife in Brazil, keeping both vessels under contract through January 2028.
Boskalis Windpiper Departs for First Baltic Sea Project
31, July 2026
Boskalis vessel Windpiper has left Rotterdam for its first project, loading 45,500 tonnes of rock in Norway before starting subsea rock installation work in the Baltic Sea.
Mitsui O.S.K. Lines Takes Delivery of WIND WHALE in China
31, July 2026
Mitsui O.S.K. Lines has taken delivery of WIND WHALE, Japan’s first coastal module carrier for offshore wind foundation components, at Taizhou Sanfu Ship Engineering in China.
Petra Marine Agrees $15 Million Sale of Two Work Barges
31, July 2026
Petra Marine has agreed to sell Petra Endeavour and Petra Orbit in separate transactions worth a combined $15 million, reducing future lay-up, reactivation and drydocking costs.
