Industry Reports

 In theory, the U.K. should be less exposed to the impact of higher energy prices than some peers. In practice,

The U.S. paused its plan to reopen shipping through the Strait of Hormuz after renewed clashes raised escalation risks, leaving

Subsea tiebacks were a clear Day 1 theme at OTC, with speakers pointing to their growing appeal as operators prioritize

 Oil prices fell after Trump said the U.S. would pause its naval escort endeavor in the Strait of Hormuz, raising

Norway has launched its APA 2026 licensing round, adding 70 new exploration blocks across the North Sea, Norwegian Sea and

SES will provide satellite connectivity for seven new FPSO units operated by Petrobras, supporting offshore developments in Brazil scheduled to

The U.S. said its ceasefire with Iran remains intact despite clashes in the Strait of Hormuz, where vessel attacks and

 President Donald Trump announced the operation Sunday, saying the U.S. will “guide” ships stuck due to the Iran war through

INEOS and Shell are advancing new deepwater exploration and development opportunities near the Appomattox platform in the U.S. Gulf, targeting

Expro is acquiring Enhanced Drilling for $215 million, adding managed pressure drilling capabilities as it positions for growing demand tied

Weatherford has secured managed pressure drilling contracts and a global aftermarket agreement with Noble, including MPD system deployments for offshore

Baker Hughes and Strohm are developing a hybrid flexible pipe for ultra-deepwater flowline and riser applications, targeting reduced weight and