Featured News
Vår Energi and BlueNord Agree $1.3 Billion Merger
Vår Energi and BlueNord have agreed to a $1.3 billion merger combining offshore oil and gas assets in Norway and Denmark, with closing expected around the end of 2026.
Sanctioned Heavy-Lift Vessels Glory Ocean and Bright Ocean Complete Arctic LNG 2 Module Delivery
Sanctioned heavy-lift vessels Glory Ocean and Bright Ocean have delivered TMR-001 and TMR-002 modules to Novatek’s Belokamenka yard for the Arctic LNG 2 project.
Sinokor Offers Crews Six Months’ Extra Pay for Hormuz Transit
Sinokor Group has offered tanker crews six months’ extra salary for a one-month voyage through the Strait of Hormuz amid attacks on shipping in the Persian Gulf.
Hanwha Philly Shipyard Wins MRIV Contract for U.S. Golden Dome Program
Hanwha Philly Shipyard will build three MRIVs for the U.S. Golden Dome program. Industry sources estimate the undisclosed three-vessel contract at $1.5 billion, with deliveries beginning in June 2030.
Ukraine says Golden Leo missile strike kills six
Six people were confirmed dead and four remained missing after Ukraine said three cruise missiles struck the grain-carrying Golden Leo near Odesa. Eight people were rescued.
Suspected Somali Pirates Board Chemical Tanker in Gulf of Aden as South Korean Naval Vessel Responds
Armed assailants boarded the chemical tanker Asana in the Gulf of Aden. Initial assessments pointed to suspected Somali piracy as naval forces worked to clarify the crew’s status.
Paratus Secures Mexico Clearance for Fontis Jack-up Sale
Paratus Energy Services has secured Mexican competition clearance for the sale of Fontis Finance’s operations and five jack-up rigs. Closing is expected in Q3 2026.
Harbour Energy Opens Zama FPSO FEED Tender in Mexico
Harbour Energy has launched a tender for front-end engineering design of an FPSO for the Zama oil field offshore Mexico. The contract includes a lease-and-operate option as the partners progress FEED work toward a planned final investment decision.
Shell Launches Drilling Tender for Venezuela’s Dragon Gas Project
Shell has launched a drilling services tender for four wells at Venezuela’s Dragon gas project, with work planned from the second quarter of 2027 subject to a positive final investment decision.
