Petroleum Geo Services News

 

QatarEnergy Acquires 40% Share in Eni-Operated Block Offshore Eqypt

Oct 27, 2025

QatarEnergy has completed a farm-in transaction with Eni, acquiring a 40% participating interest in the North Rafah exploration block, offshore Egypt.The agreement, recently approved by the government of Egypt, grants QatarEnergy a 40% stake in the offshore concession…

Fugro Wraps Up Geotech Survey for Orsted’s OW Project in South Korea

Oct 23, 2025

Fugro UST21 has completed offshore geotechnical site investigations for Ørsted’s 1.4 GW Incheon offshore wind project in Incheon, South Korea.The project, located approximately 70 km off the coast, is set to become the largest offshore wind…

Egypt, Cyprus Seal Set of Gas Transfer Deals from Cronos Offshore Field

Oct 22, 2025

Egypt and Cyprus have signed a series of agreements to transfer natural gas from Cyprus’ Cronos offshore field to Egypt, marking a significant step toward linking Cypriot gas resources to Egypt’s infrastructure and boosting energy cooperation in the Eastern Mediterranean…

Fugro Concludes Site Investigations for TenneT’s Offshore Grid Links

Oct 21, 2025

Dutch geological data specialist Fugro has completed land and marine site investigations for transmission system operator (TSO) TenneT Germany, to support the development of the LanWin1 and LanWin2 offshore grid connection projects.These projects are part of TenneT Germany’s 2 GW program…

Viridien to Shed More Light on Malaysia’s Offshore Oil and Gas Potential

Oct 21, 2025

Viridien, in partnership with Malaysia Petroleum Management (MPM), a unit of Petronas, is finalizing an integrated geological study aimed at uncovering new exploration opportunities in the underexplored Langkasuka Basin in the Malacca Strait…

Triton FPSO in North Sea Back in Production Mode

Oct 21, 2025

U.K.-based oil and gas firm Serica Energy has informed the Triton floating production, storage and offloading (FPSO) has been put back into production after it was shut down due to some technical issues encountered late in September.The production from the Triton FPSO…

BP Confirms Oil and Gas Find in Rhino-Operated License off Namibia

Oct 20, 2025

BP on Monday confirmed an oil and gas discovery in Namibia’s Orange basin as reported by African energy explorer and operator Rhino Resources earlier this month.Petroleum Exploration License 85, where the well was drilled, is operated by Rhino Resources with a working interest of 42…

Pakistan, Türkiye Deepen Oil and Gas Ties with Offshore Indus-C Block Deal

Oct 15, 2025

Pakistan’s state-owned Oil and Gas Development Company (OGDCL) has agreed to acquire a 20% interest in the Eastern Offshore Indus-C Block, joining forces with Pakistan Petroleum Limited (PPL), Turkish Petroleum Overseas Company (TPOC), part of Türkiye’s TPAO…

Egypt Plans to Drill 480 Exploratory Oil Wells with $5.7B investment

Oct 14, 2025

Egypt has a plan for the drilling of 480 exploratory oil wells on the basis of investments totaling $5.7 billion over the next 5 years, the country's petroleum minister said on Tuesday, as the country seeks to reverse declining production.The…

Beacon Offshore’s Shenandoah FPS Marks Deepwater Production Milestone

Oct 10, 2025

Texas-based exploration and production company Beacon Offshore Energy has completed the ramp-up of the four development wells as part of the first phase of its operated deepwater Shenandoah field, reaching the target rate of 100,000 bopd/117…

Nigeria Commissions its first FSO Vessel to Boost Oil Output

Oct 08, 2025

Nigeria has commissioned its first wholly owned Floating Storage and Offloading vessel near its Bonny export terminal, one of the companies which developed it said, as Africa's biggest oil producer seeks to improve its crude export infrastructure…

QatarEnergy Acquires Interest in Egypt Block

Oct 05, 2025

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…

Eni Signs New Exploration License for Block Offshore Ivory Coast

Oct 01, 2025

Eni and the Ivorian Ministry of Mines, Petroleum and Energy have signed the exploration contract for the CI-707 offshore block in Ivory Coast.The license covers an area of approximately 2,926 square kilometers in the Ivorian sedimentary basin…

Acteon’s UTEC Nets Structural Monitoring Deal for Polish Baltica 2 OW Farm

Sep 30, 2025

UTEC, Acteon's Geo-Services business line, has secured a structural monitoring contract for Baltica 2, set to be the largest offshore wind project in the Polish part of the Baltic Sea, jointly developed by Ørsted and PGE.Ørsted commissioned Acteon for the design…

Noble Corporation’s Drillship Up for Another Drilling Job off Ghana

Sep 29, 2025

Offshore drilling contractor Noble Corporation has signed a new contract with Amni International Petroleum Development Company in Ghana for the Noble Venturer drillship.The contract is expected to start once the rig is released from its current…

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