TotalEnergies has acquired a 25% working interest in 26 Chevron-operated exploration leases offshore the United States, expanding its offshore exploration portfolio and strengthening its partnership with Chevron.As part of the transaction, Chevron…
Baker Hughes reported a fall in third-quarter profit on Tuesday, as prolonged conflict in the Middle East hit demand for services and equipment in the key oil-producing region.Repeated flare-ups in the Middle East conflict, now in its eighth month…
Equinor on Wednesday reported its strongest quarterly profit in almost four years, driven by a surge in oil and gas prices as the war in the Middle East continued to disrupt global energy supplies, and raised its full-year output target.The…
Turkey may reach agreements to make acquisitions or further explore for hydrocarbons by the end of the year as part of its target to produce 1 million barrels of oil and natural gas a day, Energy Minister Alparslan Bayraktar said on Tuesday…
French oil company Maurel & Prom (M&P) has confirmed a natural gas discovery in Tanzania's Mnazi Bay license, with preliminary estimates indicating approximately 200 billion cubic feet (bcf) of gas in a reservoir reached by drilling from onshore to a target 4…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 33/9-F-4 DH in production license 1214.Equinor operated the license with 17% working interest, along with partners Petoro with 30% stake…
Seatrium announced that it has entered into a Memorandum of Understanding (MoU) with global floating power solutions specialist Karpowership to pursue a joint venture to develop floating power and infrastructure solutions in Singapore, with…
Swiss firm ANYbotics has started delivering its ANYmal X autonomous inspection robot, designed to operate in hazardous and potentially explosive environments, to oil, gas and chemical industry customers, including Equinor and DSM-Firmenich.The…
PlanSea and Infosys have joined forces to combine artificial intelligence (AI), marine logistics expertise and enterprise data integration to help offshore oil and gas operators optimize decommissioning planning and execution, targeting lower costs…
Seaway7, part of Subsea7 Group, has completed the final inner-array cable lay at the 1.4 GW East Anglia THREE offshore wind farm, developed by ScottishPower Renewables and Masdar, marking another milestone in the project's offshore construction…
Dolphin Drilling has agreed to sell its Blackford Dolphin semi-submersible drilling rig to SPM Energy Shipping for up to $25 million and entered into a preliminary agreement for the management of future drilling contracts involving the rig and at least one additional semi-submersible unit…
Equinor and Aker BP have launched a strategic collaboration to develop challenging oil and gas discoveries in tight reservoirs on the Norwegian Continental Shelf (NCS), targeting resources with an estimated recovery potential of around 2.8 billion barrels of oil equivalent…
Siem Industries has ordered two offshore subsea construction vessels (OSCVs) from Fujian Mawei Shipbuilding in China, with deliveries scheduled for 2029 and 2030.Each vessel will be equipped with a 400-tonne active heave compensated (AHC) subsea…
Fugro has secured a contract from 50Hertz to carry out unexploded ordnance (UXO) survey, identification and clearance work for the LanWin3 and LanWin6 offshore grid connection projects in the German sector of the North Sea.The work will help…
Energy Drilling, a wholly owned subsidiary of SED Energy Holdings, has received a letter of award from Carigali-PTTEPI Operating Company (CPOC) for a 30-month offshore drilling campaign in Malaysia, with an estimated firm contract value of $87 million…