Offshore Shale News - page 2

 

Europeans Commit to Wind Energy Expansion Despite Trump Criticism

Jan 23, 2026

European governments including Germany, Britain and Denmark will reinforce their plans to massively expand wind power projects on Monday, despite U.S. President Donald Trump stepping up criticism of their green energy agenda, a draft declaration due to be signed by government leaders showed…

DeepOcean Wraps Up Work at US Offshore Wind Project

Jan 23, 2026

Global ocean services provider DeepOcean has completed trenching and survey operations on inter-array cables for a U.S. offshore wind project.DeepOcean’s scope of work encompassed trenching and surveying of the inter-array cables that connect turbines to the offshore substations…

Shell's Sao Tome Offshore Exploration Yields No Commercial Find

Jan 21, 2026

Shell has failed to make a commercial discovery in its Falcao-1 exploration well on Block 10 offshore Sao Tome and Principe, the company said on Wednesday.'While the well did not encounter commercially viable hydrocarbons, the operation provided valuable insights into key aspects of the basin…

Blackstone Considers $5B Sale of Beacon Offshore Energy

Jan 20, 2026

Blackstone is in talks to sell its Beacon Offshore Energy, which operates oil and gas assets in the U.S. Gulf of Mexico for more than $5 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter.The asset manager has…

James Fisher Backs US Autonomous Vessel Firm Ocean Aero

Jan 20, 2026

James Fisher and Sons has invested in U.S.-based autonomous marine technology company Ocean Aero, taking a strategic minority stake as part of Ocean Aero’s Series D funding round.The investment increases James Fisher’s exposure to autonomous…

MODEC Picks Everllence Compression Systems for Brazil FPSO

Jan 15, 2026

MODEC has commissioned Everllence to supply five compressor trains for its new Floating Production Storage and Offloading (FPSO) for the Gato do Mato - Orca Project offshore Brazil.The FPSO will be moored in the pre-salt area of the Santos Basin…

Woodside’s Scarborough FPU Arrives to Western Australia Offshore Field

Jan 13, 2026

The floating production unit (FPU) for Woodside Energy’s Scarborough gas project has arrived at the Scarborough field offshore Western Australia, marking a major milestone for the development as it moves into the hook-up and commissioning phase ahead of first gas production…

Trump's Venezuela Oil Push Could Undercut US Producers

Jan 12, 2026

U.S. oil producers already reeling from low oil prices are facing renewed pressures, as President Donald Trump pushes them to boost output in Venezuela - a move that would weaken the oil market, cut revenues and hurt industry at home.Trump has…

Drydocks World to Convert LNG Carrier into FSU for Gabon Project

Jan 09, 2026

Drydocks World, a unit of Dubai-owned ports and logistics group DP World, has signed a contract with Dixstone Lower Gulf FZCO to convert an LNG carrier into a floating storage unit (FSU) for use in Gabon’s offshore gas development.The engineering…

Probable Gas Found in All Target Reservoirs at ConocoPhillips' Otway Well

Jan 07, 2026

ConocoPhillips has identified probable gas across all targeted Waarre sandstone reservoirs at its Charlemont-1 exploration well in Australia’s Otway Basin, resuming drilling after an earlier pressure-related pause before suspending operations again due to higher-than-anticipated formation pressures…

ADNOC Takes FID on SARB Deep Gas Project Offshore Abu Dhabi

Jan 07, 2026

Abu Dhabi National Oil Company (ADNOC) has taken a final investment decision on the SARB Deep Gas Development, a strategic offshore gas project within the Ghasha Concession, offshore United Arab Emirates.The project is expected to deliver up…

Shell Buys Stakes in Angolan Offshore Blocks from Chevron

Jan 06, 2026

Shell has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron, the European energy major said on Tuesday.European oil majors have said they will spend billions in Angola, Sub-Saharan Africa's second-largest crude oil producer after Nigeria…

Halliburton Launches Shankless Matrix-Body Drill Bit to Cut Well Time

Jan 06, 2026

U.S. oilfield services provider Halliburton has introduced the HyperSteer MX directional drill bit, a shankless matrix-body bit designed to improve durability, enhance directional control, and reduce well construction time.The new bit delivers longer drilling runs…

Harbour Energy Takes Operatorship of Zama Field Offshore Mexico

Dec 31, 2025

U.K.-based oil and gas firm Harbour Energy has been appointed operator of the Zama oil project offshore Mexico.The appointment was agreed by the Zama partners, including Pemex, Grupo Carso and Talos Energy who will have the option to appoint key personnel into Harbour's project team…

ASRY Completes Multiple Rig Upgrades for ADES

Dec 30, 2025

The Arab Shipbuilding and Repair Yard Company (ASRY) has completed several rig repair and upgrade projects for Saudi-based ADES Holding, strengthening the partnership between the two companies.In 2025, several ADES jack-up rigs underwent major works at ASRY’s facilities in Bahrain…

Current News

Norway's 2025 Oil Output Climbs to Highest Level Since 2009

Norway's 2025 Oil Output Climb

AKOFS Offshore Inks New Vessel Deal with Petrobras

AKOFS Offshore Inks New Vessel

UK Trade Body Challenges Government View on North Sea Gas Decline

UK Trade Body Challenges Gover

Inpex Secures Environmental Approval for Indonesia’s Abadi LNG Project

Inpex Secures Environmental Ap

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