6+ hour, 28+ min ago  (407+ words) US authorities have seized approximately 227 kg of cocaine worth an estimated $6. 4m from a crude oil tanker arriving in Southern California, with a Filipino crewmember charged over what prosecutors allege was a cartel-linked smuggling operation. The seizure followed a joint operation…...

6+ hour, 28+ min ago  (261+ words) Norwegian subsea services specialist Reach Subsea has secured a long-term foothold in the Black Sea after converting a previously announced letter of intent into a firm contract covering inspection, maintenance and repair (IMR) and light construction work in the region....

6+ hour, 28+ min ago  (225+ words) Oslo-listed offshore engineering and services contractor Subsea7 has secured its first project award under a recently signed strategic alliance with V'r Energi, winning a substantial contract for the Goliat gas export project in the Norwegian Barents Sea. The contract, valued by…...

2+ day, 14+ hour ago  (485+ words) Greek shipping veteran Peter Georgiopoulos is making a major return to the very large crude carrier market, with Athens-based United Overseas Group (UOG) booking up to 10 newbuildings at China's Wison New Energies. The order marks Georgiopoulos' third chapter as a…...

2+ day, 16+ hour ago  (251+ words) Norway's BW Energy has made a final investment decision for the Bourdon development in the Dussafu license offshore Gabon and a campaign of new infill wells in the Golfinho license offshore Brazil. The combined total 2 P reserves estimate for the…...

2+ day, 15+ hour ago  (618+ words) Austrian cleantech company REPS has secured $23. 6m in fresh equity funding to accelerate deployment of its patented technology that converts vehicle traffic into electricity, with ports and logistics hubs emerging as key target markets. The Tyrol-based company said the funding will…...

2+ day, 16+ hour ago  (289+ words) Unquestionably, this year's standout Contribution came from Captain Mohit Kohli who recounted his recent two-month stay on a boxship stuck inside the Persian Gulf," navigating missiles, drones, misinformation and fear. "From the bridge, the horizon was no longer just sea…...

2+ day, 16+ hour ago  (521+ words) Disruption in the Strait of Hormuz is helping drive a sharp rise in Panama Canal traffic, with the waterway now operating close to maximum capacity as US energy exports to Asia surge. According to new analysis from BIMCO, average daily…...

2+ day, 17+ hour ago  (601+ words) Digitalisation and artificial intelligence (AI) will create close to $500bn in cumulative value for exploration and production companies between 2026 and 2030. This value is captured through cost reductions from more efficient operations, production increases from higher uptime and increased recovery, and compressed…...

2+ day, 17+ hour ago  (216+ words) Houston-based Oceaneering International has been awarded an integrated offshore installation contract at the West Delta Deep Marine gas field development project offshore Egypt. Within the scope of the contract awarded by the Burullus Gas Company, Oceaneering will provide an integrated…...