Latest News
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02 Mar 26
Brazil: OceanPact and CBO announce business combination
OceanPact and CBO have announced, in a Regulatory Filing, the combination of their businesses, to be implemented through the incorporation of CBO’s holding company into OceanPact. Upon completion of the transaction, the combined company will have a fleet of 73 vessels, annual revenue of more than USD 778 MM (R$ 4 billions) and a backlog of USD 2,7 billions (R$ 14 billions). -
02 Mar 26
US: BOEM releases five Beaufort Sea seismic survey datasets
In alignment with President Trump’s Executive Order 14303, 'Restoring Gold Standard Science,' the Bureau of Ocean Energy Management’s Alaska Outer Continental Shelf Region has released five 3D seismic survey datasets from the Beaufort Sea. -
02 Mar 26
Velesto secures 5-year drilling contract for NAGA 2
Velesto Energy has been awarded a drilling contract by PETRONAS Carigali. Under the contract, Velesto’s NAGA 2 jack-up rig will undertake drilling activities, with operations commenced in February 2026 for a firm period of five (5) years. -
02 Mar 26
Telford Offshore announces Middle East status update
Telford Offshore confirms that the company has activated its crisis management protocols and implemented precautionary measures in alignment with guidance from local authorities and in close coordination with clients. The Company currently has vessels located in the UAE and Qatar, and regional offices in Dubai and Doha. -
02 Mar 26
UK: OEG expands offshore wind vessel fleet
OEG, a leading energy solutions company, has expanded its offshore wind vessel fleet with the delivery of Fulmar, its newest multi-purpose crew transfer vessel (CTV), following successful sea trials. Fulmar will operate in UK waters, with its first charter already secured in Scotland, supporting the offshore construction of Inch Cape Offshore Wind Farm. -
02 Mar 26
Seatrium successfully delivers next-generation WTIV to Maersk Offshore Wind
Seatrium has announced the successful delivery of the next-generation Wind Turbine Installation Vessel ('WTIV'), which was handed over to its customer, Maersk Offshore Wind, on 26 February 2026. -
02 Mar 26
Falklands: Navitas signs definitive farm-in agreement for JHI's North Falklands licence
Eco (Atlantic) Oil & Gas notes that, further to its announcement on 12 January 2026, Navitas Petroleum, with whom Eco has signed a Framework Agreement related to several assets, has today confirmed that it has signed a definitive farm-in agreement with JHI Associates Inc, in which Eco has a 6.6% interest. Under the farm-in agreement Navitas is to acquire a 65% working interest in the PL001 North Falkland's Basin Licence. -
02 Mar 26
Jamaica: United Oil & Gas completes SGE programme offshore Jamaica
AIM-listed United Oil & Gas, the oil and gas company with a high-impact exploration asset in Jamaica and a development asset in the UK, has announced the successful completion of its Seabed Geochemical Exploration ('SGE') programme, including the final Stage 3 piston core survey, within the Walton-Morant Licence offshore Jamaica. -
02 Mar 26
Eco (Atlantic) Oil & Gas announces unaudited results for the three and nine months ended 31 December 2025
Eco (Atlantic) Oil & Gas, the oil and gas exploration company focused on the offshore Atlantic Margins, has announced its unaudited results for the three and nine month periods ended 31 December 2025. -
02 Mar 26
Kosmos Energy announces fourth quarter and full year 2025 results
Kosmos Energy has announced its financial and operating results for the fourth quarter of 2025. For the quarter, the Company generated a net loss of $377 million. When adjusted for certain items that impact the comparability of results, the Company generated an adjusted net loss of $78 million. -
02 Mar 26
Israel: Energean reports temporary suspension of production from the Energean Power FPSO
Energean confirms that it received notice from the Ministry of Energy and Infrastructure on 28 February 2026 ordering the temporary suspension of production and activities of the Energean Power FPSO, following the recent geopolitical escalation in the region. -
02 Mar 26
Colombia: Arrow Exploration announces appraisa M-9HZ, M-10 results - M-9HZ and M-10 successfully drilled and on production
Arrow Exploration, the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, hass provided an update on the operational activity at the Mateguafa Attic field on the Tapir Block in the Llanos Basin of Colombia where Arrow holds a 50 percent beneficial interest. -
02 Mar 26
Coterra Energy reports 2025 results and provides 2026 guidance
Coterra Energy, a premier exploration and production company based in Houston, Texas with focused operations in the Permian Basin, Marcellus Shale, and Anadarko Basin, has reported fourth-quarter and full-year 2025 results, provided full-year 2026 guidance. -
02 Mar 26
UK: Bilfinger secures strategic offshore and onshore access and fabric maintenance contracts, strengthening UK Energy Sector presence
Bilfinger has secured two high-profile maintenance contracts that significantly strengthen its presence across both offshore and onshore energy operations in the UK. These strategic wins - one with Ithaca Energy’s Cygnus assets and another at the St Fergus SAGE Terminal with Wood PLC - underscore Bilfinger’s role as a key contributor to national energy infrastructure and its continued growth in the sector. -
02 Mar 26
UK: England's largest land manager to help home-grown clean energy
Consumers are set to benefit from more home-grown clean energy, with an increased number of renewable projects to be enabled on the public forest estate under new powers which came into force on Friday 27 February.
