Reassess offshore supply readiness after African discoveries and consolidation

Home Fossil Energy Following merger with Eldorado, Vantage Drilling exits Euronext Growth July 10, 2026, by Vantage Drilling, a Bermuda-exempt offshore drilling contractor, has stopped trading on Euronext Growth following the completion of its business combination with Eldorado Drilling, an offshore drilling player backed by a group of well-known Norwegian investors. Platinum Explorer; Source: Vantage Drilling It was reported at the end of June that Eldorado Drilling had completed the acquisition of Vantage in a

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Home Fossil Energy Following merger with Eldorado, Vantage Drilling exits Euronext Growth July 10, 2026, by Vantage Drilling, a Bermuda-exempt offshore drilling contractor, has stopped trading on Euronext Growth following the completion of its business combination with Eldorado Drilling, an offshore drilling player backed by a group of well-known Norwegian investors

Home Subsea Dutch cable services firm moves closer to Baltic clients with hub in Sweden July 10, 2026, by WIND, a Netherlands-based company delivering subsea cable logistics, cable recovery, and related services, has opened a cable storage and offshore service hub in Sweden to serve the Baltic region. Port of Oskarshamn

Home Subsea Dutch cable services firm moves closer to Baltic clients with hub in Sweden July 10, 2026, by WIND, a Netherlands-based company delivering subsea cable logistics, cable recovery, and related services, has opened a cable storage and offshore service hub in Sweden to serve the Baltic region

According to the Dutch firm, the Port of Oskarshamn is ideally suited to accommodate all relevant vessels and facilitate efficient ship-to-ship cable transfers thanks to its 435-meter quay and a minimum water depth of 10

These are the kinds of investments that create jobs, strengthen local capacity and position Nigeria as a globally competitive upstream destination

Renaissance’s achievement demonstrates the innovation, technical expertise and commitment required to unlock Africa’s energy potential. These are the kinds of investments that create jobs, strengthen local capacity and position Nigeria as a globally competitive upstream destination

Renaissance’s achievement demonstrates the innovation, technical expertise and commitment required to unlock Africa’s energy potential

Home Fossil Energy Petrobras closes acquisition of offshore block in São Tomé and Príncipe July 10, 2026, by Brazil’s state-owned energy firm Petrobras has concluded the acquisition of an interest and operatorship in an exploration block off the coast of São Tomé and Príncipe. Illustration; Source: Petrobras The Brazilian player reported on April 17 the signing of an agreement to acquire an interest and assume operatorship of Block 3 offshore São Tomé and Príncipe from Oranto Petroleum (Oranto)

The acquisition of this latest block is in line with the firm’s Business Plan 2026-2030, which includes replenishing its oil & gas reserves by exploring new frontiers, both in Brazil and abroad

Upon completion of the transaction, the consortium is now composed of Petrobras (operator, with a 75% interest) in partnership with Oranto (15%) and the National Petroleum Agency of São Tomé and Príncipe (10%)

The tool will be deployed on the company’s cable-laying vessels (CLVs) Monna Lisa and Alessandro Volta. “With accuracy, precision and efficiency, the tool enhances our ability to tackle increasingly challenging seabed conditions and achieve cable burial depths of up to five meters, depending on seabed characteristics,” said Peter Watson, Middlesbrough Marine base & Offshore Subsea Assets at Prysmian

Home Subsea Prysmian’s arsenal richer for its ‘most powerful’ heavy-duty plough yet July 9, 2026, by Italian cabling giant Prysmian has put into operation a new, latest-generation heavy-duty plough developed by the UK’s SMD, stating that it is its most powerful and largest so far

This longterm partnership of technical know-how and understanding with our partners at SMD reflects just how vital the supply chain of technology in North East England is to deliver energy security for the UK, and for Europe, thanks to major submarine electricity projects