MODEC has held a steel strike ceremony for the part of Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil.The ceremony was held at the COSCO Qidong Shipyard, marking…
Former U.S. President Joe Biden exceeded his authority by withdrawing large areas along U.S. coastlines from future offshore oil and gas development, a federal judge in Louisiana ruled on Thursday.U.S. District Judge James Cain in Lake Charles…
QatarEnergy agreed with Shell to acquire a 27% participating interest in a block offshore Egypt from the oil and gas major, it said in a statement on Sunday.QatarEnergy has in recent years acquired stakes in oil and gas basins including in Guyana…
The North African branch of Italian energy company Eni has resumed its exploration drilling in an offshore area northwest of Libya after a five-year hiatus, the Libyan state-run National Oil Corporation (NOC) said on Sunday.In 2024, Eni and…
The decision by President Donald Trump administration to halt fully permitted offshore wind energy projects is 'very damaging' to investment, President of Shell U.S. Colette Hirstius told the Financial Times in a report published on Sunday.The…
SBM Offshore, an FPSO solutions specialist, and Cognite, an industrial AI company, have announced an acceleration of their strategic partnership to deploy Cognite’s data and AI platform across SBM Offshore’s entire Brazilian fleet.The initiative…
Eni has exercised an option to keep a semi-submersible rig from Ventura Offshore Midco, a subsidiary of Brazilian offshore drilling contractor Ventura Offshore, operational offshore Indonesia.This is the second of four optional wells exercised…
Combifloat Group of the Netherlands and Poseidon Barge of the United States, with the backing of Marine Equipment Solutions (MES), have launched a new joint venture (JV) under the name of Poseidon Jackup to bring ‘world-class’ modular jack-up technology to North America…
SLB, a global energy technology company, and SBM Offshore, a Floating Production Storage and Offloading (FPSO) solutions specialist, have signed an agreement to enter into an exclusive digital alliance to optimize the performance of offshore production systems…
Mozambique President Daniel Chapo said on Thursday that the conditions have been met for French energy company TotalEnergies to lift force majeure on its $20 billion liquefied natural gas (LNG) project in the Southern African country.TotalEnergies…
BP will seek a partner for its major Bumerangue oil discovery in Brazil and could close a deal before making a final investment decision on the project, the oil major's country head said on Thursday.The British company, which currently holds 100% of the block…
EnerMech has been awarded a significant contract to deliver pre-commissioning and specialist services for a major offshore gas development located in the East Browse Basin, off the northwest coast of Australia.The full scope of work, which will be carried out between October 2025 and April 2026…
Heerema Marine Contractors has secured a decommissioning contract by BP for the Engineering, Preparation and Removal (EPR) of the Andrew platform’s topside and jacket.The scope includes the removal, transport and offloading of the topside, comprising the Flare and Kinnoull Module…
The Norwegian Offshore Directorate (NOD) has granted Harbour Energy a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 35/8-8 S in production license 248 LS and 248 B.The license is operated by Harbour Energy with 60% working interest…
Offshore drilling contractor Transocean has secured contract extensions with BP and Petrobras for two of its ultra-deepwater drillships.In aggregate, the fixtures represent approximately $243 million in firm contract backlog.In the U.S. Gulf of America…
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