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Equinor transfers operatorship for Gulf of Mexico field to Shell

Equinor has agreed to sell to Shell 51% of its interest in the North Platte deep water development project in the US Gulf of...

BW Energy: Agreement to acquire FPSO Cidade de Vitoria

BW Energy has signed an agreement to acquire the FPSO Cidade de Vitoria from Saipem for a cash consideration of USD 73 million. The...

Noble selling five jackup rigs to Shelf Drilling

Noble announced that it has entered into an asset purchase agreement to sell five jackup rigs for $375 million to a newly formed subsidiary...

DOF Subsea contract extension with Petrobras

DOF Subsea is proud to announce the extension of the four PIDF Contracts with Petrobras. These extensions will demand a fleet of at least...

Sembmarine bags Brazil research ship newbuilding contract

SEMBCORP Marine has won a US$150 million EPC (engineering, procurement and construction) contract from Brazil's Emgepron. Sembmarine will construct a newbuild support vessel called the...

BW Offshore: Closing of the divestment of BW Joko Tole

BW Offshore has closed the transaction for the sale of the FPSO BW Joko Tole to PT Bahari Inti Tanker and PT Cahaya Haluan...

Subsea 7 awarded contract offshore Gulf of Mexico

Subsea 7 announced the award of a sizeable contract by Chevron for the development of the Ballymore project offshore US Gulf of Mexico, in...

Shell’s Jackdaw gas field given go-ahead by UK regulators

Development of a major North Sea gas field has been approved by regulators. The Jackdaw field, east of Aberdeen, has the potential to produce...

Subsea 7 awarded contract offshore Brazil

Subsea 7 announced the award of a major contract by Petrobras for the development of the Búzios 8 field located approximately 180 kilometres off...

Keppel O&M secures another two jackup rig charter contracts

Keppel Offshore & Marine Ltd (Keppel O&M) has, through its wholly-owned subsidiaries, signed contracts for the bareboat charter of another two KFELS B Class...

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TotalEnergies completes the transfer of its 10% interest in Arctic LNG 2

As mentioned on the occasion of the presentation of the 2nd Quarter 2026 Results, TotalEnergies confirms that the transfer of its 10% interest in...

Orient Overseas Limited announces 2026 interim results

Orient Overseas (International) Limited Announced 2026 Interim Results​. Group Revenue of US$5,173 million Group EBIT of US$728 million Group EBITDA of US$1,255 million Operating Cash Flow of US$819 million Profit Attributable to...

BW LPG Limited – Financial results for Q2 2026

BW LPG reported another strong quarter in Q2 2026. Highlights Q2 2026 Financial performance Q2 2026 profit attributable to equity holders of the Company was US$120...

Frontline reports “best quarterly profit ever”

Frontline plc reported unaudited results for the six months ended June 30, 2026: Highlights Reported the best quarterly profit ever of $659.2 million, or $2.96 per...

EXMAR announces half year 2026 results

 EXMAR Shipping delivered a resilient first-half performance despite geopolitical uncertainty, evolving regulations and changing trade flows. The segment reported stable revenue year-on-year in challenging...

Two killed in oil tanker fire off South Korea, Yonhap reports

Two crew people were killed on ​Thursday after a fire ‌broke out aboard an...

Shipping traffic through Strait of Hormuz rises slightly, data shows

Shipping traffic at the Strait of Hormuz rose slightly even as a geopolitical standoff...

TORM announces Q2 2026 results, dividend distribution, and financial outlook 2026

In the second quarter of 2026, TORM (Nasdaq: TRMD or TRMD A) generated time...

Iran and Oman discuss temporary Hormuz corridor as impasse with US drags on

Iran said it had restarted talks ​with neighbor Oman to manage the Strait of...

Panama Canal auction hits new record at $5.3 million

A shipper needing to transit the Panama Canal bid a record $5.3 million to...

PPA: New framework for investments in ports and logistics

Piraeus Port Authority (PPA) has expanded its scope of business activity following shareholders’ approval of amendments to the corporate charter, paving the way for...

Piraeus container traffic shows signs of recovery as ships return to Suez Canal

Signs of improvement are emerging in container traffic at Terminals II and III at the Port of Piraeus, as the gradual return of containerships...

Port of Los Angeles posts second-best July on record, cargo volume remains strong

The Port of Los Angeles processed 960,464 Twenty-Foot Equivalent Units (TEUs) in July, making it the second-busiest July in the Port’s history. The strong...

Announcement of Notification to Submit a Voluntary Conditional ‎Cash Offer to Acquire AD Ports Group Shares

AD Ports Group, a leading global facilitator of trade, ‎logistics, and industry, announces that it has received a notification from L’IMAD Holding Company PJSC...

DP World Expands Cold Chain Capabilities With New €48m Antwerp Hub

DP World will build a new temperature-controlled logistics hub in the Port of Antwerp. The project begins with an initial investment of EUR 48...