Norway-based subsea well intervention and installation services company AKOFS Offshore has signed a firm contract with Petrobras for its Aker Wayfarer vessel.AKOFS Offshore, majority owned by Akastor, said the 2010-built vessel will continue…
Japan’s largest exploration and production (E&P) firm Inpex has received environmental approval from the Indonesian government for its Abadi liquefied natural gas (LNG) project in the Masela Block, marking a key milestone as the development…
General licenses for oil and gas exploration in Venezuela issued by the U.S. this month will allow Shell to progress with its Dragon gas project, a company spokesperson told Reuters on Thursday.The project, envisioned to produce gas from a field in Venezuelan waters with 4…
DOF Group has entered into an agreement to purchase the very high-end AHTS vessels Aurora Saltfjord and Aurora Sandefjord.The vessels are 2011-built and feature a bollard pull of almost 400 metric tonnes, making them among the most powerful AHTS vessels globally…
Malaysia’s MISC has secured long-term bareboat charter and operations and maintenance contracts with ExxonMobil PNG (EMPNG) for Papua New Guinea’s first floating storage and offloading (FSO) unit.The contracts comprise a firm 15-year charter with extension options of up to an additional 15 years…
DOF Group ASA announced the award of a substantial contract for a project in Argentina. The project is scheduled for offshore operations across two campaigns in Q2 and Q3-Q4 of 2026 and will encompass mooring pre-lay, pipeline end manifold installation/construction management…
A consortium led by U.S. oil major Chevron signed exclusive lease agreements on Monday to look for natural gas off southern Greece, expanding the United States' presence in the eastern Mediterranean.The deal doubles the amount of Greek maritime…
Martens en Van Oord, a contractor in roadworks, civil and hydraulic engineering, is taking a step toward further sustainability and modernization of its fleet by investing in the latest generation of the V4000 autonomous unmanned survey vessel (USV) from Demcon unmanned systems…
SLB has secured multiple offshore drilling services contracts by Mubadala Energy for the Tangkulo natural gas deepwater development and associated exploration and appraisal activities in the Andaman Sea offshore Indonesia.The contracts cover…
Tree C, a Dutch virtual and augmented reality specialist for the offshore and remote handling industry, has announced it will develop a training simulator for Fleeming Jenkin, described as the world’s largest cable laying vessel (CLV), owned by Jan De Nul…
TotalEnergies is asking the French government and EU Commission to clarify an EU ban on Russian liquefied natural gas (LNG) imports, CEO Patrick Pouyanne said on Wednesday.'It appears a European company cannot market Russian LNG, which we did not initially anticipate…
QatarEnergy has won an offshore exploration licence in Libya, the company said on Wednesday, after Libya’s National Oil Corporation awarded exploration and production rights for offshore block O1 to a consortium led by Eni, the operator with a 60% stake, alongside QatarEnergy holding 40%.(Reuters)
Harbour Energy has completed its $3.2 billion acquisition of LLOG Exploration Company, marking the company’s entry into the U.S. Gulf of America and establishing a new core business unit.Through the acquisition, Harbour has gained a fully operated…
Offshore drilling contractor Vantage Drilling has secured a contract with Oil and Natural Gas Corporation (ONGC) for its ultra-deepwater drillship Platinum Explorer for operations off India.The binding Notification of Award (NoA) from ONGC comes…
Shell needs an acquisition or exploration breakthrough to make up for an expected production shortage of 350,000-800,000 barrels of oil equivalent per day by 2035 due to maturing fields unable to meet its output targets, the company and analysts say…