Monday – August 3, 2026

Finance

Vitol Wins Deal of the Year Award at African Energy Week

Global energy and commodity trading firm Vitol has been honored with the Deal of the Year award at the African Energy Week (AEW): Invest in

Equatorial Guinea, ConocoPhillips Sign HOA for Offshore Blocks, Unlocking $9B Investment Opportunity

Equatorial Guinea has signed a Heads of Agreement (HOA) with energy major ConocoPhillips for Blocks B/4 and EG-27 in a move set to unlock up

Transocean Ltd. Announces $243 Million in Exercised Options for Ultra-Deepwater Drillships

Transocean Ltd. has announced contract fixtures for two of its ultra-deepwater drillships. In aggregate, the fixtures represent approximately $243 million in firm contract backlog.

GBM Works Completes its Seed Funding Round at €6.2 Million

GBM Works is announcing the successful completion of the second close of its Seed funding round, summing up to €6.2 million. The round was backed

OEG on Track to Achieve $1B Revenue by 2030

OEG, a leading global offshore energy solutions business, has delivered a strong first half in 2025, underpinned by a series of landmark contract wins and

IEEFA: Questions Abound Over bp’s Brazil Discovery

Beginning in 2022, Shell attracted headlines for a large oil and gas discovery off the coast of Namibia. It was labeled as a “game changer”

Fugro Withdraws Financial Guidance for 2025

Fugro is announcing an update to its financial guidance for 2025, following significant changes in market conditions in recent weeks.

Fairbanks Morse Defense to Acquire Vestdavit

Vestdavit, a leading European supplier of advanced davit systems, has entered a new phase in its development through a landmark transaction under which it will

Ampelmann Strengthens Global Ambitions with New Investment Partnership

Ampelmann intends to join forces with Standard Investment in a strategic acquisition agreement.

Darcy Partners Launches Seat-Based Licensing, Unveils Refreshed Brand and Website

As energy companies face increasing pressure to decrease costs and improve outcomes, Darcy Partners, a leader in energy shift to seat-based licensing and innovation research

DNV Announces Major Investment in UK Research and Development Facility

DNV, an independent energy expert and assurance provider, has invested significantly to upgrade its Spadeadam Research and Development Facility to support the de-risking of the

OceanScore Launches Industry’s Most Accurate and Transparent FuelEU Pool-Price Index (OPX)

OceanScore is announcing the launch of the OceanScore Pool-Price Index (OPX), the maritime industry’s most comprehensive benchmark for tracking FuelEU pooling prices.

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