
Talos’s CEO portrays the Gulf of Mexico and Gulf Coast as a ‘critical part of the global energy story’ due to multiple hydrocarbon resources.

Fortune Business Insights expects global well intervention market growth to be driven by initiatives to boost production from ageing wells and oil and gas discoveries.

Havila Shipping has secured a new contract for one of its platform supply vessels with Amilcar Petroleum for operations in Tunisia.

CGX will continue with the demobilisation of exploration drilling off Guyana, according to the Guyanese Maritime Administration Department.

Borr Drilling is contemplating an equity offering of $30 million in its quest to successfully complete its refinancing plan.

The Petroleum Safety Authority has issued an order to Transocean after discovering a total of eighteen irregularities on one of its rigs.

Shelf Drilling has secured long-term contract extensions with Chevron for two jack-up rigs for operations in the Gulf of Thailand.

Borr has reached agreements in principle with creditors to defer $1.4 bln debt maturities to benefit from market recovery.

Fortune Business Insights expects the CCS market to grow to $7 bln by 2028 aided by rising investments in the energy transition initiatives.

Taylor Energy has agreed to pay millions in settlement of the Gulf of Mexico oil spill, which started 17 years ago.

Havila Shipping has secured a new contract for one of its platform supply vessels (PSVs) with Harbour Energy for operations in the UK.

Solstad has been awarded a long-term contract for one of its anchor handling tug supply vessels by Petrobras for operations offshore Brazil.

Texas-based ION Geophysical has received a written notice from the New York Stock Exchange (NYSE) that the company is not in compliance with the continued listing standards.

The U.S. Government Accountability Office has expressed its concerns about DOE’s management of the funding of CCS demonstration projects.