GO Offshore and Dong Fang Offshore sign MoU to cooperate on offshore wind and oil & gas vessel projects in Australia and Asia-Pacific.
Lukoil has accepted Gunvor’s offer to buy its international unit, Lukoil International, after sanctions triggered its divestment process.
Equinor has received regulatory clearance from Norway’s Offshore Directorate to drill the Vikingskipet prospect in the Barents Sea using the COSL Prospector rig.
Transocean’s Equinox semisubmersible rig is en route to the Essington-1 gas exploration well under ConocoPhillips’ Otway program, marking the start of a key offshore drilling phase in the VIC/P79 block off Australia.
Excelerate Energy has signed a $450 million deal with Iraq’s Ministry of Electricity subsidiary to build the country’s first LNG regasification terminal at Khor al-Zubair using its new FSRU Hull 3407.
Noble’s 350-ft jackup Noble Resolute has been awarded a one-year contract with Eni in the Dutch North Sea, marking its return to active duty after completing work with TotalEnergies.
During OTC Brazil 2025, Petrobras CEO Magda Chambriard announced that the company may expand its exploration program in the Foz do Amazonas Basin with up to three additional wells, contingent on early results. The statement reaffirms Petrobras’ commitment to frontier exploration and compliance with the Paris Agreement.
Noble Corporation is evaluating strategic options for its Noble Globetrotter I drillship after its OMV Petrom contract ends in April. According to Upstream, the vessel could be sold if no new intervention work is secured, amid broader fleet adjustments and rig sales across Noble’s global portfolio.
The UK’s offshore wind industry warns that the £1.4 billion AR7 budget is too small to meet the 2030 target and sustain long-term investment.
