Jaia Robotics, Inc., a developer and manufacturer of micro-sized autonomous aquatic drones that deliver real-time data products and mission-specific payloads, announced a $6.1 million firm-fixed-price contract to deliver JaiaBot-HYDRO systems in support
Offshore Norway: 2026 Investment Outlook Perks Up
Norwegian oil and gas companies have raised their projected investments for 2026 and 2027 compared with estimates made three months ago, a quarterly industry survey showed on Thursday…
Orsted Q2 Beats Estimates
Danish offshore wind farm developer Orsted reported on Thursday a second-quarter core profit above forecast and maintained its financial outlook for the year.Orsted…
Shearwater Awarded Two 3D Seismic Acquisition Projects in India
Shearwater Geoservices has received two separate Letter of Awards (LOA’s) from Oil and Natural Gas Corporation Limited (ONGC), each representing a large offshore 3D seismic survey offshore India…
Gulf of Mexico Lease Sale Attracts $82.7 Million in High Bids
The latest Trump administration sale of oil and gas drilling rights in the Gulf of Mexico attracted nearly $82.7 million in high bids on Wednesday, generating more money than a sale in
Greensea IQ Launches Autonomous Hull and Infrastructure Inspection Robot
Greensea IQ has introduced Bayonet Sweep, an autonomous underwater robot designed to search and inspect ship hulls and underwater structures.Bayonet Sweep provides navies, security teams, and port and harbor authorities with a
The Power of Persistence
“Infantry wins battles. Logistics wins wars.”This quote, attributed to U.S. Army General John Pershing in the context of World War I expeditionary operations, is equally applicable today as we move further into
CAPE Holland, GBM Works Sign MoU to Commercialize Vibrojet
CAPE Holland, a Venterra Group company, and GBM Works have signed a Memorandum of Understanding (MoU) to jointly further develop and commercialize Vibrojet worldwide…
81m Acres Opened in Gulf of America Lease Sale
The Trump administration will offer more than 81 million acres (32.8 million hectares) in the Gulf of America to oil and gas drillers as part of an effort to boost…
MSC, Jotun Sign Hull Cleaning Agreement
Mediterranean Shipping Company (MSC) and Jotun have entered into an agreement for the installation and operation of Jotun's Hull Skating Solutions (HSS) onboard MSC Daniela.The agreement includes the full HSS package, combining
Shuttle Tankers: A Distinct Vessel Breed, a Niche Market
A wave of new investment in dedicated shuttle tankers has been spurred by the age profile of the existing fleet coupled with surging developments in the Brazilian offshore market…
Borr Drilling Reports Quarterly Loss
Borr Drilling Limited has announced its unaudited results for the three and six months ended June 30, highlighting a second quarter total operating revenues of $232…

