Petrobras exercises its right of first refusal on Petronas’ Campos Basin stakes, forcing Brava Energia to abandon a $450M acquisition deal already in progress The Deal That Was Brava Energia announced the acquisition in January 2026: the company would purchase…
Brazil’s PRIO wins Ibama clearance for a 14-well campaign at the Frade field, advancing its Wahoo-Frade cluster strategy around the FPSO Valente in the Campos Basin The Authorization Brazil’s environmental regulator Ibama has issued an amendment to PRIO’s existing drilling…
The U.S. government is drafting a $928M settlement to cancel TotalEnergies’ offshore wind leases — putting a price tag on Washington’s energy policy reversal The Proposed Deal According to documents reviewed by the New York Times, U.S. officials are drafting…
Eni strikes two adjacent gas structures off Libya with over 1 tcf of gas in place, paving the way for fast-track development via existing offshore infrastructure Back-to-Back Strikes in Libyan Waters The Italian major’s exploration campaign targeted two adjacent geological…
Thousands of crew members and passengers stranded as conflict escalates, prompting warlike operations designation and emergency protocols Global maritime unions and employers have issued a unified message of support for seafarers facing escalating dangers in the Persian Gulf and Gulf…
World’s largest sail cruise ship sets speed record during sea trials ahead of May delivery and ultra-luxury service launch The world’s largest sail-powered cruise ship has set a new performance benchmark during sea trials, achieving speeds that builder Chantiers de…
Japanese classification society validates wind propulsion technology as shipping industry accelerates alternative fuel solutions ClassNK has validated the performance analysis for the automated kite system Seawing, developed by Kawasaki Kisen Kaisha and its French subsidiary OCEANICWING, issuing a Statement of…
The Hamburg-based shipowner purchased MV Ronnie and MV Charlie, two F500-type MPVs built in 2021 and 2022, equipped with 500-tonne tandem-lift cranes for heavy-lift and project cargo operations The Acquisition and Its Logic Germany’s Ernst Russ has acquired two multi-purpose…
Built for LS Marine Solutions at Tersan Shipyard in Türkiye, the 148.4-meter ultra-large cable layer will carry 13,000 tonnes of cable and is due to enter operation in 2028 The Vessel and Its Mission Kongsberg Maritime has been selected to…
The 207-meter, 34,000 GT vessel was handed over at the Ancona shipyard, marking the debut of Fincantieri’s Navis Sapiens AI platform and the launch of Four Seasons Yachts A Delivery That Redefines the Luxury Segment Italian shipbuilder Fincantieri delivered Four…
