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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
Daily Standup Top Stories How has green energy policies impacted the environment, society, and our financial systems? DOGE found that the Inflation Reduction Act was funding change. February 11, 2025 Clark Savage But what change you […]
BP (NYSE: BP) on Tuesday pledged to fundamentally reset its strategy as it booked its lowest annual and quarterly profits in years and seeks to push up its stock performance and regain investor trust. “Building […]
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 […]
Offshore drilling giant Noble Corporation has won a new contract for one of its semisubmersible rigs in the Americas. Energy giant Shell awarded a contract to the 2009-built Noble Developer semisub. The deal is for […]
Copyright © 2025 | Sandstone Group