Shell-Equinor JV Adura Signs $3B Financing Deal

Adura Energy, a joint venture between Shell and Equinor, has signed a $3 billion reserve-based lending (RBL) facility to support its future growth and energy supply ambitions in the United Kingdom.

Equinor Kicks Off Drilling Ops at Brazil's Raia Offshore Project

Norway's Equinor has begun drilling producer and injector wells for its offshore Raia natural gas project in Brazil, while also planning fresh exploratory activities in the South American nation

ExxonMobil Picks SBM Offshore for Guyana FPSO FEED Work

SBM Offshore has secured contracts from ExxonMobil Guyana to carry out front-end engineering and design (FEED) studies for a floating production

TotalEnergies Abandons US Offshore Wind for Fossil Fuel Projects

The United States and French energy major TotalEnergies said on Monday they would redirect nearly $1 billion from offshore wind leases to U.S. oil and natural gas production.

Borr Drilling Acquires Five Jack‑Ups

Borr Drilling has entered into definitive agreements to acquire five premium jack-up rigs from Fontis Finance for a purchase price of $287 million.

Oil Executives Flag Long-Term Impact of Iran Conflict

Some of the world's top oil executives and energy ministers in Houston on Monday expressed growing concern over the long-term effects of the U.S.

Australia’s Santos Halts Darwin LNG Exports During Supply Crunch

Australia's Santos said on Tuesday it has temporarily shut its Darwin liquefied natural gas plant, interrupting exports from a newly restarted supply chain at a time when markets are tightening due

Offshore Engineer (Jan/Feb 2026)

Oil Rises as Iran Denies US Talks, Supply Risks Persist

Oil prices rose on Tuesday on supply fear, as Iran denied it had talks with the United States to end the war in the Gulf, contradicting U.S.

Cadeler’s Nexra Secures New Taiwan Wind Farm Maintenance Campaign

Nexra, Cadeler’s operations and maintenance service platform, has secured an additional contract for an offshore wind campaign in Taiwan to be executed in 2026.