Brazil's oil and gas production of oil equivalent per day (boed) in July, oil regulator ANP said on Monday, exceeding the key level of 5 million boed for the first time ever.Oil output reached 3.959 million barrels per day in the month, up 22…
Offshore drilling contractor Transocean has announced plans to dispose of four drillships and one semi-submersible drilling rig as part of its fleet optimization efforts.On August 27, 2025, Transocean announced it intends to dispose of, by sale to a third party for recycling or alternative use…
BW Offshore has signed a Head of Agreement (HoA) with Equinor Canada, confirming its selection as preferred bidder for the Floating Production, Storage and Offloading (FPSO) unit for the Bay du Nord project offshore Newfoundland and Labrador in Canada…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for an exploration well in the Norwegian Sea.The permit is for wellbore 6407/1-B-2 H in production license 1121, operated by Equinor with 36.4% working interest.Other partners in the license include TotalEnergies with 29…
Koil Energy Solutions, an international specialist in subsea equipment and services, has secured a significant contract, which includes the supply of control equipment for a subsea isolation valve system.The purpose of the system is to protect…
Equinor and its partners have drilled a dry well in the Deimos prospect in the Barents Sea.The wildcat well 7117/4-1 was drilled in production license 1238, 135 kilometers west of the Snøhvit field and 260 kilometers northwest of Hammerfest…
U.S.-based subsea services and technology firm Oceaneering International has through its Brazilian subsidiary Marine Production Systems do Brasil (MPS) secured multiple subsea robotics contracts from Petrobras.The contracts were awarded during the second quarter of 2025…
TotalEnergies and its partners QatarEnergy and Société Nationale des Pétroles du Congo have been awarded an exploration license for the Nzombo offshore block in the Republic of Congo.Under the terms of the production sharing contract signed with the Congolese Government…
Norway's Equinor will pump nearly $1 billion into Orsted's emergency fundraising, it said on Monday, bolstering the Danish offshore wind power developer's efforts to cope with U.S. President Donald Trump's hostility to the sector.The energy…
The Canadian Prime Minister, Mark Carney, has launched the new Major Projects Office (MPO).The MPO is headquartered in Calgary and will have offices in other major Canadian cities. Its mandate is to serve as a single point of contact to get…
The Trump administration said on Friday it was cancelling $679 million in federal funding for 12 offshore wind projects, including $427 million for a California project.The move is the latest in a full-throated effort by the administration to…
Maintenance at major gas fields and onshore processing plants will curb Norwegian natural gas supply by around a third during the first half of September, as Europe's biggest supplier readies the system for the busy winter demand season.'We…
Renewable energy consultancy OWC has secured cable engineering support job for the 560 MW GreenVolt floating wind farm offshore Scotland, being developed by Flotation Energy and Vårgrønn, a joint venture firm created by Plenitude (Eni) and HitecVision…
Vattenfall has signed a deal with EMS Maritime Offshore (EMO) to establish an operations and maintenance (O&M) base in the Dutch port of Eemshaven to support construction and operation of its planned Nordlicht 1 and 2 wind farms, which will become Germany’s largest offshore wind project…
Offshore accommodation firm Prosafe has informed its current chief executive officer (CEO) Terje Askvig resigned from the position.Prosafe appointed Reese McNeel as interim-CEO, the current chief financial officer (CFO).Terje Askvig will step from his position on September 1…