Crude oil production in the United States is booming, reports Poten & Partners in its weekly opinion.According to the U.S. Energy Information Administration, U.S. Field Production of Crude Oil reached 13.8 Million barrels per day (Mb/d) in September 2025…
Seatrium has secured a contract from BP for the engineering, procurement, construction and onshore commissioning of the Tiber floating production unit (FPU) in the Gulf of America.The Tiber FPU marks Seatrium’s second consecutive deepwater project for BP…
TotalEnergies has completed the divestment of its non-operated interest in the Bonga deepwater field offshore Nigeria, selling its share to Shell Nigeria Exploration and Production Company (SNEPCo) and Eni.SNEPCo, a subsidiary of Shell, completed…
SLB OneSubsea, joint venture between SLB, Aker Solutions, and Subsea7, has secured a contract from BP for subsea boosting system for the greenfield development of the Tiber project, located in the deepwater U.S. offshore region.The engineering…
TechnipFMC has been awarded an integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Eni for the deepwater Maha project offshore Indonesia.The project represents Eni’s first deployment of TechnipFMC’s Subsea 2…
Danos has hired Luis Otero as general manager of outsourced operations and decommissioning, a new leadership role focused on expanding the company’s decommissioning portfolio in the Gulf of America and launching its outsourced operations service line…
The Trump administration will hold an auction for drilling oil and gas off the U.S. Gulf next month and has proposed another in a waterway in southern Alaska, it said on Friday.The lease sale in the U.S. Gulf of Mexico, which President Donald Trump refers to as the Gulf of America…
French tubular solutions supplier Vallourec has secured a contract with TechnipFMC to supply line pipes for the Orca project, formerly known as Gato do Mato, a major Shell-operated deepwater development in Brazil’s Santos Basin.The integrated contract covers more than 20…
OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has secured two sizeable engineering, procurement, and construction (EPC) contracts by PTT Exploration and Production Public Company Limited (PTTEP) for two deepwater projects offshore Malaysia…
Brazil's state-run oil firm Petrobras is in negotiations with SBM Offshore over two floating production vessels to be commissioned for its Sergipe deepwater projects, Petrobras head of Exploration and Production said on Wednesday.Petrobras hopes…
BP has awarded Oceaneering International and SLB multi-million dollar contracts to support a multi-well subsea intervention campaign at the Azeri-Chirag-Deepwater Gunashli (ACG) oil field in the Caspian Sea, marking the first use of riserless…
Grupo Carso is reviewing the feasibility of the Lakach deepwater natural gas project in collaboration with state energy company Pemex and conducting new analyses to determine how to proceed, a company official said Tuesday.The company signed…
Tenaris has secured the supply of casing and tubing for the Trion project, located 180 km off the Mexican coastline, and operated Woodside’s Mexican subsidiary.Tenaris will also provide line pipe and coatings for bends, flowlines and risers as part of the project’s subsea infrastructure…
Malaysia’s state energy firm Petronas has signed a farm-out agreement with its Indonesian counterpart Pertamina for the share of its ultra-deepwater Bobara production sharing contract (PSC), offshore Indonesia.Under the agreement, Pertamina will hold a 24…
Greece has formally selected a consortium of U.S. oil major Chevron and domestic firm Helleniq Energy as the preferred bidder for four offshore gas exploration areas - one in the Ionian Sea and three south of the Peloponnese and Crete - the country’s energy ministry said…
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