
Farstad Shipping, a subsidiary of Solstad Offshore, has sold another one of its vessels to a buyer, whose identity was not revealed.

According to Baker Hughes’ weekly rig count report, the number of offshore rigs in the U.S. is continuing its slow, upward movement.

Listen to the Navingo Career Podcast episode #14 with Coco Kossmann as the host and Neptune Energy’s Lex de Groot as the latest guest.

Brazil’s oil and gas company Enauta will be drilling an additional well on the Atlanta field located offshore Brazil to increase production.

Borr Drilling has secured more work for two of its jack-up rigs, which will see one of them return from the warm stack to operational mode.

Brazilian oil and gas giant Petrobras has signed a revolving credit facility in the amount of $5 billion, maturing in December 2026.

Lundin Energy has increased its interest in the next Barents Sea production hub while Equinor has agreed to continue the operatorship.

French tidal energy company Sabella has announced plans to launch a crowdfunding campaign to finance its tidal power research and project activities.

Offshore drilling contractor Shelf Drilling has secured a contract extension for a jack-up rig for operations in the Adriatic Sea offshore Italy.

Aker Solutions and AF Gruppen have terminated their plans to merge the two companies’ existing decommissioning operations.

An old offshore platform in the Gulf of Mexico is set to be converted into a working fish farm, providing repurposing options for old oil & gas assets.

Solstad Offshore has been awarded a long-term contract for one of its PSVs by Woodside to support operations offshore Australia.

Ammonia-powered shipping JV has been awarded NOK 13.75 million in funding to build ammonia-powered vessels.

Kongsberg Maritime has successfully updated 19 Safety and Automation Systems (SAS) controllers on Aker BP’s FPSO vessel.