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Stay up to date with the latest in Shipping Finance— covering market updates, regulatory changes, vessel activity, and expert commentary from top maritime sources.
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New Asian oil & gas explorer emerges from Triangle Energy’s spin out move

17 Mar, 2026
Western Australia-headquartered and ASX-listed oil producer and explorer Triangle Energy has decided to restructure its portfolio by carving out its assets in the Philippines to give birth to a new Asia-focussed oil and gas explorer through...

New Asian oil & gas explorer emerges from Triangle Energy spin out move

17 Mar, 2026
Western Australia-headquartered and ASX-listed oil producer and explorer Triangle Energy has decided to restructure its portfolio by carving out its assets in the Philippines to give birth to a new Asia-focussed oil and gas explorer through...

Brazilian oil & gas firm in the clear for 14-well offshore drilling campaign

17 Mar, 2026
Brazilian oil and gas company PRIO, formerly known as PetroRio, has obtained a multi-well drilling license for a field in the Campos basin off the coast of Brazil. FPSO Valente (formerly known as FPSO Frade) operating in the Frade field off...

Brava Energia calls off acquisition of Petronas’ stakes in two Brazilian fields

17 Mar, 2026
Brazil’s oil and gas player Brava Energia has withdrawn from talks for the purchase of the interests Petronas Petróleo Brasil Ltda. (PPBL), a subsidiary of Malaysia’s energy giant Petronas, holds in two Brazilian offshore fields. FPSO Cidad...

Wheels up for Petrobras to become sole owner of Brazilian offshore fields

17 Mar, 2026
Brazilian state-owned energy giant Petrobras has taken steps to consolidate its ownership in two assets in the Campos Basin by acquiring interests Petronas Petróleo Brasil Ltda. (PPBL), a subsidiary of Malaysia’s energy giant Petronas, hold...

European client first to use Exail’s 9-meter USV for civil offshore operations

17 Mar, 2026
French marine robotics company Exail has made the first sale of its DriX H-9 long-range uncrewed surface vessel (USV) for civil offshore operations to an undisclosed European client. Source: Exail Equipped with a multibeam echosounder (MBES...

Seadrill’s JV with Sonangol lines up more work for 2015-built drillship in Angola

17 Mar, 2026
Sonadrill, a 50:50 joint venture between an affiliate of Sonangol E.P. and Bermuda-headquartered offshore drilling contractor Seadrill, has picked up a multi-well job in Angolan waters for an ultra-deepwater drillship, enabling the rig to s...

Angola’s first non-associated gas development goes live

17 Mar, 2026
Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has put into operation an offshore project, which is described as the first non-associated gas development in Angola. Gas delivery starts from Quiluma fie...