OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, has secured two sizeable engineering, procurement, and construction (EPC) contracts by PTT Exploration and Production Public Company Limited (PTTEP) for two deepwater projects offshore Malaysia…
BP is advancing appraisal planning for its Bumerangue offshore discovery in Brazil after laboratory analysis confirmed a large hydrocarbon column in the pre-salt Santos Basin, and CO2 levels in the reservoir that the company believes can be managed…
Brazil's state-run oil firm Petrobras is in negotiations with SBM Offshore over two floating production vessels to be commissioned for its Sergipe deepwater projects, Petrobras head of Exploration and Production said on Wednesday.Petrobras hopes…
BP has awarded Oceaneering International and SLB multi-million dollar contracts to support a multi-well subsea intervention campaign at the Azeri-Chirag-Deepwater Gunashli (ACG) oil field in the Caspian Sea, marking the first use of riserless…
Grupo Carso is reviewing the feasibility of the Lakach deepwater natural gas project in collaboration with state energy company Pemex and conducting new analyses to determine how to proceed, a company official said Tuesday.The company signed…
Maersk Supply Service, with the support of Maritime Developments (MDL), has completed a complex dynamic riser assembly installation at Brazil’s Mero field in the pre-salt Santos Basin, connecting the deepwater site to a Permanent Reservoir Monitoring (PRM) sensor grid…
Offshore drilling contractor Valaris has secured a series of new contracts and extensions worth about $190 million in the North Sea and Middle East regions, lifting its total contract backlog to $4.5 billion.The latest awards include a mix of…
Offshore drilling contractor Borr Drilling has secured contract extensions for three of its premium jack-up rigs from Mexico’s national oil company Pemex.The rigs Galar and Gersemi have each been awarded two-year firm contract extensions that…
Tenaris has secured the supply of casing and tubing for the Trion project, located 180 km off the Mexican coastline, and operated Woodside’s Mexican subsidiary.Tenaris will also provide line pipe and coatings for bends, flowlines and risers as part of the project’s subsea infrastructure…
U.S.-based offshore and marine services company Otto Candies has acquired four multi-purpose support vessels (MPSVs) from Harvey Gulf International Marine.The vessels acquired by Otto Candies are the Harvey Blue-Sea, Harvey Sub-Sea, Harvey Deep-Sea…
Offshore drilling contractor Borr Drilling has terminated two of its drilling contracts following the recent implementation of international sanctions affecting a counterparty.The terminations relate to the contracts for the Odin and Hild jack…
Malaysia’s state energy firm Petronas has signed a farm-out agreement with its Indonesian counterpart Pertamina for the share of its ultra-deepwater Bobara production sharing contract (PSC), offshore Indonesia.Under the agreement, Pertamina will hold a 24…
Greece has formally selected a consortium of U.S. oil major Chevron and domestic firm Helleniq Energy as the preferred bidder for four offshore gas exploration areas - one in the Ionian Sea and three south of the Peloponnese and Crete - the country’s energy ministry said…
In 2025 to-date, five out of the six liquefaction projects reaching Final Investment Decisions (FID) globally, representing around 90% of liquefaction capacity, are located on the U.S. Gulf Coast. Despite an inflationary environment, geopolitical tailwinds combined with U…
Tampnet, a Norway-based provider of offshore connectivity services, has been selected to deliver digital connectivity infrastructure for the Salamanca deepwater development in the U.S. Gulf, operated by LLOG Exploration.Salamanca is a Floating…