Fast Offshore Supply (FOS) has selected Incat Crowther to design a fleet of 10 new DP2 fast crew transfer vessels (CTVs) for offshore operations supporting Brunei Shell Petroleum, a joint venture between Shell and the Government of Brunei.The…
Syria has identified an offshore site for its first deep-water oil and gas exploration project with U.S. major Chevron and Qatar’s UCC Holding, the Syrian Petroleum Company said on Monday.The move is part of a broader push by Syria’s new government…
Norway's petroleum safety regulator said on Monday it has given Equinor permission to start gas production from the latest development at the company's offshore Troll field, the North Sea's largest source of natural gas.The Troll Phase 3 stage…
ADNOC Drilling has reported its strongest-ever first-quarter performance, supported by high fleet utilization, growth in integrated drilling services and long-term contract coverage across its operations.The UAE-based drilling contractor posted first-quarter revenue of $1…
Italy’s Eni and UK’s BP have made a new natural gas discovery in the Nile Delta region, expected to produce around 50 million cubic feet of gas per day, by drilling an offshore well using advanced directional drilling technologies from onshore…
ADNOC Drilling has completed its acquisition of an 80% stake in MB Petroleum Services (MBPS), forming a joint venture that expands its presence across Gulf markets and increases its total fleet to 170 rigs.The transaction, completed ahead of schedule…
Petrobras has confirmed that Brazil’s oil regulator approved production individualization agreements for the Sururu and Berbigão shared reservoirs in the Santos Basin, with the agreements taking effect on May 1.Petrobras was notified by the National Agency of Petroleum…
Norway’s Ministry of Energy has launched the APA 2026 licensing round, expanding available exploration acreage on the Norwegian continental shelf by 70 blocks across the North Sea, Norwegian Sea and Barents Sea.The Awards in Predefined Areas…
Wage talks between Norwegian oil firms and labour unions broke down on Wednesday and will switch to state-led mediation in a bid to prevent strike action by workers, industry group Offshore Norge said.If Norway's government-appointed mediator…
Sierra Leone has signed an agreement with Shell that allows the oil major to conduct advanced geological and geophysical surveys across multiple offshore blocks, the country's petroleum directorate said on Wednesday.The reconnaissance permit agreement covers an area of approximately 20…
Sierra Leone said on Thursday it had signed a petroleum licence agreement with Nigeria‑based Marginal Energy Limited, granting the company offshore exploration and production rights as the government seeks to revive interest in its under‑explored upstream sector…
Sierra Leone has signed an agreement with Shell that allows the oil major to conduct advanced geological and geophysical surveys across multiple offshore blocks, the country's petroleum directorate said on Wednesday.The reconnaissance permit agreement covers an area of approximately 20…
Brazil’s Petrobras has signed an agreement to acquire a 75% stake and assume operatorship of Block 3 offshore São Tomé and Príncipe from Oranto Petroleum.The block is currently held by Oranto, which has a 90% interest and acts as operator, alongside…
A unit of Indonesia’s Pertamina has signed a production sharing contract (PSC) for the Lavender block, spanning onshore and offshore areas of Sulawesi island.PT Pertamina Hulu Energi Sulawesi Lavender will operate the block, which spans 8,206…
Perdana Petroleum has secured contracts to provide two anchor handling tug and supply vessels (AHTS) to Petronas Carigali.The company said its wholly owned unit Perdana Nautika received the work orders on April 8 for the provision of the vessels to support offshore operations…
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