Subsea7 has secured additional contract work from the Turkish Petroleum Offshore Technology Center (TP-OTC) pertaining to the Sakarya field development offshore Türkiye.
Russia is ready to divert oil to India to offset Middle East supply disruptions, with about 9.5 million barrels of Russian crude in vessels near Indian waters and able to arrive within weeks, an industry source with direct knowledge told Reuters. The source declined to say where the non Russian fleet cargoes were originally headed but said they could deliver to India within weeks, giving refiners rapid relief.
Japan’s trade minister Ryosei Akazawa has asked the United Arab Emirates and Saudi Arabia to cooperate in ensuring stable crude oil supplies and stabilizing the global crude oil market in order to enhance energy security, Jiji Press reports.
Karpowership Ghana has reaffirmed its commitment to building engineering capacity and advancing inclusion within Ghana’s energy sector as the global community marks World Engineering Day for Sustainable Development 2026.
Exxon has scheduled its first-ever gasoline shipment from the U.S. Gulf Coast to Australia amid a global fuel export crunch because of the war in the Middle East.
Oceaneering International has introduced a new electric propulsion work-class remotely operated vehicle (ROV) designed to support extended subsea operations across offshore drilling, inspection, maintenance and repair (IMR), and construction activities.
Equinor and Hydromea have successfully demonstrated real-time wireless data transmission from the seabed directly to cloud infrastructure, marking a new milestone in subsea digital connectivity and offshore asset monitoring.
Kongsberg Maritime, Seadrill and Hanwha Drilling have formed a strategic alliance to develop remote dynamic positioning (DP) technology for offshore drilling operations, aiming to improve safety, efficiency and operational performance.
The African Energy Chamber (AEC) has signed a memorandum of understanding with Venezuela’s Ministry of People’s Power for Hydrocarbons and state oil company Petróleos de Venezuela, S.A. (PDVSA), establishing a framework for cooperation across the oil and gas value chain.
Explorco, the upstream exploration subsidiary of the Ghana National Petroleum Corporation (GNPC), has signed a project management consultancy contract with LubriMax Ghana Limited and its technical partner, Well Engineers and Planners, to commence drilling activities in the Voltaian Basin.