Offshore oil production is expected to remain stable, or slightly growing in competitive regions like the Gulf of Mexico, Guyana, and Brazil, supporting stable demand for Tidewater’s services.

Speaking of institutional flows, analysts noted that consistent purchases by Strategy (MSTR) and other companies are failing ...

Engineering and construction solutions provider McDermott has secured a contract for offshore transportation and installation in Brazil for the Papa-Terra and Atlanta fields. The contract, awarded by ...

McDermott will execute the transportation and installation of flexible pipelines, umbilicals, and associated subsea equipment ...

Petro-Victory Energy Corp. successfully completed drilling operations for the AND-5 well in Brazil’s Potiguar Basin, ...

US offshore services provider McDermott International has been awarded a sizeable contract to carry out transportation and ...

Exxon, Chevron, and others are increasingly eyeing South America for low-cost, low-emission production as shale basins mature ...

HOUSTON, July 7, 2025 /PRNewswire/ -- McDermott has been awarded a sizeable* offshore transportation and installation contract by BRAVA Energia, the most diversified independent oil and gas company in ...

TradeWinds is the essential source of global shipping business news and commentary. Our subscription service offers the ...

Coast Guard helicopter medevacs platform worker with severe chest pains from offshore oil rig Friday Image courtesy of the U.S. Coast Guard By Andrew Gillies June 27, 2025 5:51 pm ...