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  • [ December 17, 2025 ] Venezuela Isn’t Escalation — It’s Supply Management Crude Oil News
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HomeOFS

OFS

Climate Crisis

Week Recap: US LNG Dominance, Critical Minerals, and Global Energy Challenges

March 1, 2025 Andy Del Prado

Weekly Daily Standup Top Stories Trump’s Energy Czar Has Plan to ‘Map, Baby, Map’ US Oil Bounty February 23, 2025 Clark Savage Burgum suggests stronger USGS role to analyze the potential Says US public lands hold […]

Climate Crisis

Charting U.S. Oil Future

February 24, 2025 Andy Del Prado

Daily Standup Top Stories Redrawing of global energy markets map set to heap benefits on US February 23, 2025 Clark Savage The prospects of peace and the return of Russian gas looks likely to serve the […]

Shearwater Geoservices
Big Oil Companies

Shearwater Geoservices gets work in oil-rich Guyana with ExxonMobil

February 24, 2025 Stu Turley

Norwegian offshore seismic vessel player Shearwater Geoservices has been awarded a contract for a large deepwater 4D OBN reservoir surveillance program by US supermajor ExxonMobil in Guyana. Under the award, Shearwater will commence a six-month […]

Saipem and Subsea 7
Finance

Saipem and Subsea 7 broker mega merger deal

February 24, 2025 Mariel Alumit

Italian offshore engineering and construction giant Saipem and offshore engineering and services player Subsea 7 have reached an agreement in principle on the key terms of a possible merger of the two companies. The combination […]

Crude Oil News

Trump’s Energy Czar Has Plan to ‘Map, Baby, Map’ US Oil Bounty

February 23, 2025 Clark Savage

Burgum suggests stronger USGS role to analyze the potential Says US public lands hold natural resources worth trillions Interior Secretary Doug Burgum touted a plan for mapping deposits of oil, gas and critical minerals on US federal […]

Valaris
Exploration and Production

Valaris wins $120m in deals and gets rid of four stacked rigs

February 19, 2025 Mariel Alumit

New York-listed offshore driller Valaris has won several deals and contract extensions for its jackup rig fleet and revealed its plans to rid itself of four rigs. The company won a 600-day priced contract extension […]

Trump
Crude Oil News

Trump to boost US offshore oil and gas with new energy dominance council

February 17, 2025 Mariel Alumit

US president Donald Trump has signed an executive order establishing a new council focused on boosting the country’s production and export of fossil fuels. Trump signed another executive order which formally created the National Energy […]

Transocean
Crude Oil News

Transocean boosts backlog with new rig deals

February 13, 2025 Stu Turley

Swiss-based offshore driller Transocean has won one new contract and one extension for two of its rigs. The first of those deals was awarded to the 2016-built Transocean Enabler semisub by Norwegian energy major Equinor. […]

Seatrium
Big Oil Companies

BP picks Seatrium for another Gulf of America production unit

February 13, 2025 Mariel Alumit

Singapore shipyard group Seatrium has signed a memorandum of understanding with energy giant BP for a second floating production unit project in the US Gulf of Mexico. Under the agreement, Seatrium would carry out the […]

TGS
International News

TGS adds to 4D streamer backlog offshore Norway

February 10, 2025 Mariel Alumit

Oslo-listed surveyor and seismic data specialist TGS has won two new contracts offshore Norway. The work scope covers 4D streamer acquisition projects, one in the North Sea and one in the Norwegian Sea, the company […]

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