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Cairn India Might Invest in US Oil Servicing Firms to Increase Production

Mar 12, 2025

India's largest privately owned oil and gas company Cairn India said it may invest in U.S. service and engineering companies as part of a $5 billion plan to grow output five-fold in the coming years, its chairman said on Tuesday.'I want to spend $5 billion on developing my project to get to 500…

Brava Energia, Shell Agree Oil Sale from Atlanta Field

4 hours ago

Brazilian oil and gas firm Brava Energia has signed a contract with Shell Western Supply and Trading, Shell’s subsidiary, for the sale of oil from the Atlanta field, offshore Brazil.Brava Energia said the contract provides for flexible conditions…

Floatel Confirms Deal for Floatel Triumph Off Western Australia

6 hours ago

Offshore accommodation rig provider Floatel International has informed that the previously communicated Letter of Intent (LOI) with an undisclosed client for Floatel Triumph has now been converted into a firm contract.The assignment, located offshore Western Australia…

IEA Chief Highlights Need for Investments in Oil and Gas Fields

Mar 11, 2025

Fatih Birol, the director of the Paris-based International Energy Agency, said on Monday there is a need for investment in oil and gas fields to support global energy security.The comment puts the energy watchdog for industrialized nations more…

Germany's Gode Wind 3 Offshore Wind Farm Starts Commercial Operations

Mar 06, 2025

Ørsted and Nuveen Infrastructure’s 253 MW Gode Wind 3 offshore wind farm in Germany has started commercial operations.Final testing for the Gode Wind 3 offshore wind farm, which is jointly owned by Ørsted and Nuveen Infrastructure, was completed on February 28…

Petrobras Ups Ship Orders to 48 by 2026

Mar 02, 2025

Brazilian state-run oil firm Petrobras will commission four more support vessels by 2026, Chief Executive Magda Chambriard told Reuters, increasing the number of new ships aimed at supporting its operations to 48 by 2026.The reinforcement of…

ExxonMobil’s Esso, Mitsui and Woodside to Invest $200M in Gas Project Off Australia

Feb 24, 2025

ExxonMobil’s Australian subsidiary Esso Australia Resources and its partners have announced a nearly $200 million investment in the Kipper 1B project which will bring online additional gas supply from the Gippsland Basin.The project, which was approved by Esso Australia…

Valeura Wraps Up Infill Drilling Campaign in Gulf of Thailand

Mar 03, 2025

Canada-based oil and gas company Valeura Energy has completed an infill drilling campaign at the Manora field, offshore Gulf of Thailand.Manora field is located in license G1/48, where Valeura Energy holds a 70% operated working interest.Valeura drilled a five well program…

Eni, Petronas to Set Up Joint Venture for Assets in Indonesia and Malaysia

Feb 27, 2025

Eni and Petronas have signed an exclusive memorandum of understanding (MoU) to progress detailed discussions on establishing a joint venture holding company to oversee selected upstream assets in Indonesia and Malaysia.Both companies believe…

Havila Shipping Reports Stable Q4 2024 Results

Feb 26, 2025

Havila Shipping ASA announces its Q4 2024 financial results, highlighting steady freight revenues, strong fleet utilization, and the successful completion of a major debt restructuring.Key Financial Highlights (Q4 2024):Freight revenues: NOK 148…

Marine Masters Secures Wellhead Platforms Installation Job Off India

Feb 27, 2025

Dutch offshore contractor Marine Masters has secured work on an offshore installation project for the greenfield Bhasker A & B platforms, designed and constructed by Indian energy company SunPetro.The project, managed by main installation contractor…

Apollo to Progress Design for Repurposing of Oil Platforms for Hydrogen Production

Feb 26, 2025

Engineering and energy advisory consultancy Apollo has secured Phase 2 concept definition contract from Net Zero Technology Centre (NZTC) for the Hydrogen Offshore Production (HOP2), which aims to progress the design of 500MW offshore hydrogen production facility for HOP2…

Woodside Negotiating with at Least Three Partners for Louisiana LNG

Feb 18, 2025

Woodside Energy has held talks with several potential buyers of stakes in its Louisiana liquefied natural gas plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, multiple sources told Reuters.The timing of the stake…

CNOOC Brings Online Second Phase of Luda Oil Field Project in Bohai Sea

Feb 21, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at Luda 5-2 North Oilfield Phase II Development Project in the central part of Bohai Sea.The main production facilities at the project…

Strohm, UNITECH Unite for Enhanced Subsea Pipeline Solutions

Feb 19, 2025

Thermoplastic composite pipe (TCP) manufacturer Strohm, and provider of subsea connection systems UNITECH Offshore have signed a memorandum of understanding (MoU) to develop and commercialize an integrated system for the transportation of fluids and gases…

Current News

DOF Hooks FPSO Installation Job Off Africa

DOF Hooks FPSO Installation Jo

Brava Energia, Shell Agree Oil Sale from Atlanta Field

Brava Energia, Shell Agree Oil

OKEA Takes Stake in Aker BP-Operated Tverrdal Prospect in North Sea

OKEA Takes Stake in Aker BP-Op

First Foundations for 1.6GW German Offshore Wind Project Reach Dutch Port

First Foundations for 1.6GW Ge

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