Latest Offshore Oil And Gas News

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Titomic Limited has launched a major European manufacturing hub and a UK subsidiary, secured a $50 million capital raise, and forged strategic partnerships to advance its cold spray additive manufacturing technology.
Victor Sage
Victor Sage
31 Oct 2025
Grand Gulf Energy progresses its Petroleum Exploration Licence application offshore Namibia and advances seismic survey planning for its Red Helium project, while exploring strategic partnerships to enhance growth.
Maxwell Dee
Maxwell Dee
29 Oct 2025
Titomic Limited has secured a six-month lease agreement for its advanced D623 cold spray system with a major Australian energy provider, marking a significant step in validating its technology for offshore oil and gas maintenance.
Victor Sage
Victor Sage
23 Oct 2025
Bhagwan Marine Limited has delivered a strong first year as an ASX-listed company with record net revenue and EBITDA growth, alongside its inaugural dividend declaration. The company is advancing growth in offshore energy, subsea, ports, and defence sectors while investing in innovation and fleet expansion.
Victor Sage
Victor Sage
29 Aug 2025
Cue Energy Resources will pay a final dividend of 0.5 cents per share, with Echelon Resources set to receive approximately AUD 1.75 million from its near 50% stake. This payout underscores steady cash flow prospects for Echelon amid ongoing exploration efforts.
Maxwell Dee
Maxwell Dee
22 Aug 2025
Swift Networks has renewed a $2.4 million contract to provide continuous technical support and entertainment services across three Chevron sites, reinforcing its foothold in the Oil and Gas sector.
Sophie Babbage
Sophie Babbage
21 Aug 2025
Cleanaway Waste Management posted a 14.6% rise in underlying EBIT to $411.8 million for FY25, driven by solid waste services growth and strategic acquisitions. However, the Board exercised discretion to reduce executive short-term incentives by 30% due to safety performance issues including three fatalities.
Maxwell Dee
Maxwell Dee
20 Aug 2025
Matrix Composites & Engineering has landed a new A$10 million subsea buoyancy contract for a Gulf of Mexico project, adding to over A$45 million in awards this financial year and reinforcing its global SURF market presence.
Victor Sage
Victor Sage
31 July 2025
Karoon Energy has successfully acquired 100% interests in six offshore blocks in Brazil’s Santos Basin, reinforcing its strategic position and increasing its 2025 capital expenditure guidance to US$120-140 million.
Maxwell Dee
Maxwell Dee
18 June 2025
Finder Energy Holdings has had its trading suspension lifted following a significant announcement about a development alliance and accelerated project planning for its Kuda Tasi and Jahal assets.
Maxwell Dee
Maxwell Dee
17 June 2025
Karoon Energy has finalized the acquisition of the Baúna FPSO vessel, marking a pivotal shift from exploration to operational control that promises enhanced efficiency and potential asset longevity.
Maxwell Dee
Maxwell Dee
1 May 2025
Swift Networks Group has inked a three-year, $804,191 contract with Shell to provide its Swift Access platform and ongoing support for the Prelude FLNG facility, marking a significant expansion in its oil and gas sector footprint.
Sophie Babbage
Sophie Babbage
11 Feb 2025