In a critical operation to prevent an environmental catastrophe, the transfer of oil from the deteriorating FSO Safer to the Nautica VLCC has commenced.

Offshore accommodation provider, Prosafe, has revealed an updated timeline for the start of its semi-submersible vessel, Safe Concordia's, upcoming assignment in the U.S. Gulf of Mexico.

The Tuna field, expected to be commissioned in 2026, will have a peak production capacity of 115 million cubic feet of gas per day.

Diamond Offshore Drilling is making final preparations and conducting a special periodic survey in Singapore for its semi-submersible rig, the Ocean Apex.

PRIO, formerly known as PetroRio, has achieved production from a well in the Northern Campos Basin off the coast of Brazil nearly a year ahead of schedule.

The United Nations announced that the transfer of petroleum from a decaying vessel off Yemen is expected to begin this week in order to prevent a potential Red Sea spill.

ConocoPhillips Australia has initiated the environmental plan as part of the regulatory approval process for the exploration projects, according to 3D Oil's announcement to the Australian Securities Exchange.

Originally, the decision was anticipated before Parliament's summer recess, but it is now unlikely.

UK-headquartered energy giant BP has awarded a long-term, multi-region deal, covering its offshore portfolio, to Wood Plc, a compatriot oilfield services provider. This contract will enable the UK player to support BP’s “efficient and safe” energy production.

Thanks to the provisions stipulated within a new energy bill, which Biden signed into law last month, the Bureau of Ocean Energy Management (BOEM), a U.S. government agency, has reinstated the first oil and gas lease sale, held under the Biden administration, for acreage in federal waters in the Gulf of Mexico.