Industry Reports

 Oil prices would spike if Iran’s Houthi allies started attacking ships passing through the Bab el-Mandeb Strait. ​   

Sonardyne and AMOG have signed an agreement to develop an integrated subsea asset monitoring service combining underwater monitoring technology and

The Trump administration’s first Arctic National Wildlife Refuge lease sale drew bids from only two participants—Alaska’s state development authority and

Returning for its fifth edition, LEES 2027 will advance Libya’s $18 billion energy pipeline, targeting 1.6–2 million bpd, gas megaprojects

At ARPEL 2026, industry leaders said Latin America’s biggest challenge is no longer resource availability, but building the infrastructure and

BOURBON has appointed former Subsea7 executive Olivier Blaringhem as chief executive officer, effective Sept. 14, as the offshore services company

The Trump administration is opening sealed bids for nearly 690,000 acres in Alaska’s Arctic National Wildlife Refuge, setting up a

 Iran’s influence over the strategically vital Strait of Hormuz has inadvertently transformed the energy security debate. ​   

 RBI raised its inflation projection for the year ending March 2027 by 50 basis points to 5.1%, while cutting growth

The Energy NL Conference & Exhibition concluded with discussions focused on offshore development, energy security, regulatory certainty and Newfoundland and

SBM Offshore plans to divest a 45% ownership stake in the FSO Chalchi project to NYK while retaining majority ownership.

 Khamenei was named the supreme leader in Iran after his father, Ayatollah Ali Khamenei, was killed on the first day

MODEC and Eld Energy have signed an agreement to develop a 1.2-MW solid oxide fuel cell power system integrated with

The U.S. House of Representatives has passed legislation to reauthorize the Permit Processing Improvement Fund, an industry-funded program that supports

Velesto has secured a contract from Northern Gulf Petroleum to provide the NAGA 6 jackup rig for a drilling campaign

Expro has secured a contract extension of up to five years to provide subsea completion and intervention services in the

India is seeking deeper energy ties with Venezuela, including expanded crude imports and potential upstream investment opportunities, as the Iran

 President Donald Trump told aides that he won’t resume the war unless U.S. troops are killed, according to The Wall