Brazilian state-run oil firm Petrobras is looking to increase production at three floating offshore production platforms (FPSO) it operates in the country, the head of Exploration and Production, Sylvia dos Anjos, said on Monday.Production at…
Pioneering subsea technology and services company, SMD, has announced the appointment of Kenny Liu as its new chief executive officer.Kenny succeeds Julian Zhu, whose decade in the role saw the company’s profit and turnover increase year on year for the past five years…
A South African court has rescinded an environmental authorisation granted to TotalEnergies and its joint venture partner Shell to explore for oil in a block off the Cape coast, a court judgment seen by Reuters showed.However, the court said…
Seatrium Limited signed a Letter of Intent (LOI) with Karpowership, a global energy company and the owner, operator, and builder of the world’s largest Powership (floating power plant) fleet.Under the LOI, Seatrium will carry out the integration of four New Generation Powerships…
Norwegian oil and gas investments are expected to peak this year, and start declining next year as major projects are completed, a statistics office survey of industry players showed on Thursday.Norway produces about 2% of global oil, and became…
Kent has been awarded a new technical advisory services contract by the Australian Government to support the permanent plugging and abandonment of the Laminaria-Corallina oil fields in the Timor Sea.The contract also includes advisory services…
The North Sea Transition Authority (NSTA) is sending a selection of experts to take the stage at Offshore Europe 2025, leading sessions on a wide range of topics from electrification to spatial planning.The event, which brings together upstream energy professionals from around the world…
The NSTA offered dCarbonX Ltd a license for gas storage in the East Irish Sea on August 11, 2025. The license allows dCarbonX Ltd to make progress towards seeking the necessary regulatory approvals required before gas storage operations can commence…
Brent oil futures are hovering around $66–67 per barrel with mixed geopolitical signals, while West Texas Intermediate (WTI) has weakened relatively more.The US-China tariff truce extension by 90 days reduced bearish sentiment, while the uncertainty…
The First Steel Cutting ceremony took place at Saipem’s Karimun fabrication yard, marking the official start of construction activities for the Tangguh UCC project, awarded by bp Indonesia.The event was attended by representatives of the client…
Saipem, through its subsidiary PT Saipem Indonesia, in its role as leader of the consortium which also includes PT Tripatra Engineers & Constructors, PT Tripatra Engineering, and PT McDermott Indonesia, has received formal notification of the…
Santos has agreed to extend the exclusivity period granted to a consortium to enable it to complete due diligence on the purchase.The consortium, led by XRG P.J.S.C., a subsidiary of Abu Dhabi National Oil Company and includes Abu Dhabi Development…
Chartwell Marine, a pioneer of next-generation vessel design, announced the delivery of Prosperous 6, a new high-performance crew transfer vessel, as part of a strategic partnership with Pacific Radiance, a leading owner and operator of offshore vessels in APAC…
Lime Petroleum AS announced that for the full month of July 2025, production at the Brage and Yme Fields combined, net to LPA, was 11,941 barrels of oil equivalent per day (boepd).Brage Field: LPA holds a 33.8434 per cent interest in the Brage Field…
Asia-Pacific region offshore wind developer Synera Renewable Energy (SRE) has awarded a 15-year service contract to Dong Fang Offshore (DFO) for the provision of a service operations vessel (SOV) to support the operations and maintenance (O&M) of SRE’s offshore wind assets…