Activity News


First Oil from Mero-4 FPSO in Brazil pre-salt

May 27, 2025

Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, announced the start of production at the floating production storage and offloading facility (FPSO) Alexandre de Gusmão in the Mero field in the Santos Basin offshore Brazil…

Kuwait, Saudi Arabia Make Oil Discovery in Neutral Zone

May 27, 2025

Kuwait and Saudi Arabia have made a new oil discovery in the Neutral Zone, which contains jointly operated oil fields between the two countries, Saudi state news agency (SPA) reported, citing a joint announcement.It is the first discovery since…

Equinor's Troll Gas Field Outage Extends to end of May

May 27, 2025

Equinor has extended a partial outage at Norway's Troll natural gas field until May 31 due to a compressor failure, the company said in a regulatory filing on Monday, pushing European gas prices higher.Norway in 2022 overtook Russia as Europe's…

Report: As Momentum Slows, Japan to Sweeten Offshore Wind Rules

May 27, 2025

Japan is likely to sweeten terms for developers to build a massive offshore wind farm sector, industry insiders say, as it looks to put its energy ambitions back on track against a worldwide slump of projects hit by soaring costs and delays…

Navantia Seanergies Delivers Second Substation Jacket for French OW Farm

May 23, 2025

Navantia Seanergies, Spanish shipbuilder Navantia’s green energies division, has delivered its second substation jacket for Ocean Winds for the offshore wind farm at Dieppe Le Tréport in France.The jacket departed from the south basin of the Puerto Real shipyard…

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

May 23, 2025

Malaysia-based fleet owner of self-propelled accommodation workboats Keyfield International has signed a memorandum of understanding (MoU) with Indonesia’s PT Elnusa Trans Samudera (ETSA) to explore joint marine services opportunities in the oil and gas sector…

EU: 44 Oil and Gas Firms Asked to Provide CO2 Storage Solutions

May 23, 2025

The European Commission said on Thursday it had asked 44 oil and gas companies to contribute to the EU's collective target of storing at least 50 million tonnes of CO2 per year by 2030, as part of the bloc's aim to achieve climate neutrality…

Norway Grants Permit for Equinor’s Drilling Plan in North Sea

May 23, 2025

The Norwegian Offshore Directorate (NOD) has granted Equinor Energy and its partners a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 35/11-31 S in production licence 090, operated by Equinor with 45% working interest…

Shell Expects to Bank On LNG Exporters Turning Into Importers

May 23, 2025

Energy major Shell expects several traditional LNG exporter nations to turn into net importers, driving demand for the super chilled fuel and potentially easing concerns that the industry faces oversupply from a raft of planned new projects…

Fire Contained at Vietnamese Oil Platform Undergoing Decommissioning (Video)

May 23, 2025

A fire incident that occurred at a platform undergoing decommissioning operation offshore Vietnam has been contained, the operator Petrovietnam Exploration Production Corporation (PVEP) has informed.The incident took place at Song Doc field…

Saipem Hires AIS Bardot to Supply Equipment for Deepwater Project off Angola

May 23, 2025

AIS Bardot, a supplier of subsea umbilicals, risers and flowlines, has secured a contract from Saipem for TotalEnergies’ Kamiho deepwater oil and gas project, off Angola.The contract is for the manufacture and supply of three complete hybrid riser lines of 100 meters each…

Equinor, Polenergia Reach Financial Close for Polish Offshore Wind Farms

May 23, 2025

Equinor and Polenergia have reached financial close for the Bałtyk 2 and Bałtyk 3 projects, securing two project financing packages of over $3.4 billion for each offshore wind farm.The offshore wind projects were awarded Contracts for Difference (CfD) in 2021…

Velesto’s Jack-Up Rig Set for Drilling Job off Indonesia

May 23, 2025

Malaysia’s oil and gas services firm Velesto has secured a new drilling contract for its NAGA 8 jack-up drilling rig offshore Indonesia.The contract has been awarded by PC Ketapang II, PC North Madura II, and PETRONAS North Ketapang, and is set to begin in July 2025…

Brazil Adopts Bill to Loosen Environmental Licensing

May 22, 2025

Brazil's Senate has approved legislation to loosen environmental licensing, despite criticism from climate policy groups and figures inside President Luiz Inacio Lula da Silva's government.The bill, which was approved in the Senate by 54 votes to 13 late on Wednesday…

Germany and UK to Explore Establishing Hydrogen Pipeline in North Sea

May 22, 2025

The German transmission system operator GASCADE and U.K.’s National Gas have signed a Memorandum of Understanding (MoU) to explore the feasibility to establish a hydrogen corridor between the UK and Germany in the North Sea through an offshore pipeline interconnection…

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