Petrobras has welcomed its P-79 floating production, storage and offloading (FPSO) unit to the Búzios field in Brazil’s Santos Basin pre-salt, in line with the planned schedule.The unit, capable of producing 180,000 barrels of oil per day and compressing 7.2 million cubic meters of gas per day, was towed to location with crew onboard, a strategy previously used with P-78 aimed at reducing the time to first production…
Norwegian oil and gas firm Vår Energi and its partner Kistos Energy have drilled a dry well in the Balder area in the North Sea.The well 25/8-C-23 D, dubbed Prince Updip, was drilled in production license 027, from the Ringhorne platform, just over 200 kilometers west of Stavanger…
TotalEnergies is asking the French government and EU Commission to clarify an EU ban on Russian liquefied natural gas (LNG) imports, CEO Patrick Pouyanne said on Wednesday.'It appears a European company cannot market Russian LNG, which we did not initially anticipate…
Norwegian oil and gas investments are expected to decline this year and next as many field developments are completed while fewer new projects begin, a quarterly survey of the industry showed on Thursday.Norway produces about 2% of global oil and meets about 30% of Europe's gas needs…
Energy data and intelligence TGS has started the Ultra Profundo multi-client 2D survey offshore Angola.The survey covers approximately 12,600 line kilometers, with Ramform Victory having already started operations earlier in 2026.Data acquisition…
Scottish firm Orbital Marine Power has secured an additional Contract for Difference (CfD) in the U.K.’s Allocation Round 7 (AR7), increasing its CfD-backed tidal energy project portfolio to 17 MW.The award adds to Orbital’s existing 2 MW O2 turbine…
The Singapore Institute of Technology (SIT) and offshore and marine engineering group Seatrium have launched an Offshore & Marine Digital Learning Lab at SIT’s Punggol Campus, aimed at accelerating maritime digitalization and supporting the energy transition…
Elemental Energies has acquired Norway-based geoscience specialist Applied Petroleum Technology (APT), expanding its subsurface and geochemistry capabilities as operators seek deeper technical insight across the well lifecycle.APT provides petroleum geochemistry…
Offshore drilling contractor Transocean has secured contract awards and extensions totaling approximately $184 million for two of its harsh-environment semisubmersible rigs operating in Norway.The company said the fixtures represent about $184 million in firm contract backlog…
HydroWing Tidal Energy Projects, part of Inyanga Marine Energy Group, has secured an additional 10 MW of capacity for its Ynni’r Lleuad Project at Morlais in Wales.The additional 10 MW have been awarded as part of the U.K. government’s Allocation…
The UK government has granted development consent for the 1.5 GW Outer Dowsing Offshore Wind project in the Southern North Sea, being developed by TotalEnergies, Corio Generation and affiliates, and Gulf DevelopmentThe development consent paves…
Harbour Energy has completed its $3.2 billion acquisition of LLOG Exploration Company, marking the company’s entry into the U.S. Gulf of America and establishing a new core business unit.Through the acquisition, Harbour has gained a fully operated…
ORLEN Upstream Norway has agreed to acquire a 25% interest in production license PL293 in the North Sea from Vår Energi, which covers the unconventional Afrodite gas discovery.The Afrodite gas discovery has the potential to deliver nearly 2 billion cubic meters of natural gas net to ORLEN…
The U.S. Treasury Department on Tuesday issued a general license to facilitate the exploration and production of oil and gas in Venezuela, a long-awaited step that could help increase output in the country.Washington has relaxed sanctions on Venezuela's energy industry since U…
Malaysia’s Petronas, through Malaysia Petroleum Management, has launched the Malaysia Bid Round 2026, offering nine exploration blocks and six discovered resource opportunities in a move aimed at strengthening Malaysia’s position as an upstream investment hub…
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