McDermott reported first-quarter 2026 revenue of $2.4 billion and a backlog of $17.6 billion as...
Offshore
Eco Atlantic advances offshore Falklands acquisition after shareholder approval
Eco Atlantic has secured court approval for its proposed acquisition of JHI Associates, advancing...
OTC recognizes 2026 Spotlight on New Technology® Award winners
This year’s winners feature 17 technologies covering a wide swath of exploration, drilling and...
North Sea Davy gas field returns to production after five years offline
Perenco UK has restarted production from the Davy gas field in the Southern North Sea after more...
Velesto wins jackup rig contract for Hibiscus Malaysia drilling campaign
Velesto Energy has secured its first asset-light offshore drilling contract from Hibiscus Oil...
Perenco restarts Davy gas field production in North Sea
Perenco UK has restarted production from the Davy gas field in the Southern North Sea after more...