Offshore Shale News


Australian Inpex Workers Set Industry Precedent With New Pay Deal

Jul 15, 2026

Workers at Inpex's Ichthys liquefied natural gas plant in Darwin have overwhelmingly backed a new pay deal that unions hope to replicate across Australia's offshore energy sector.The agreement is the first in what unions describe as a second wave of bargaining across the sector…

Shell Targets 2027 Drilling at Venezuela's Dragon Gas Field

Jul 15, 2026

Shell has begun tendering for drilling services for its Dragon offshore gas project in eastern Venezuela, part of a plan to drill four wells there beginning in the second quarter of 2027, according to two people familiar with the process.The…

TRIG to Exit Batrice Offshore Wind Farm in $200M Stake Sale Deal

Jul 09, 2026

The Renewables Infrastructure Group (TRIG) has signed a sale and purchase agreement to divest its 17.5% stake in Scotland's 588 MW Beatrice offshore wind farm for about $207 million (£155 million).The agreement follows TRIG's June 15 announcement that funds managed by Equitix Investment Management…

Shell Lifts Gas Guidance, Sees Trading Boost

Jul 07, 2026

Shell slightly increased its guidance on Tuesday for its second-quarter integrated gas production, although output would be down sharply from the first three months of the year due to the impact of the Middle East conflict.The British oil major…

ADNOC’s XRG Expands Stake in Rio Grande LNG Project in Texas

Jul 02, 2026

ADNOC’s XRG has completed the acquisition of an additional equity interest in Trains 4 and 5 of the Rio Grande LNG project in Texas, increasing its participation across all five trains currently under construction at the liquefied natural gas (LNG) export facility…

Shell Enlists AGR for Workforce Resourcing off Norway

Jul 02, 2026

Norske Shell has awarded AGR a frame agreement for the provision of specialist workforce to its onshore and offshore operations in Norway.The agreement covers the supply of project and long-term personnel and consultants for areas including drilling and wells…

DOF Bags TotalEnergies Contract for FSO Replacement Project

Jul 01, 2026

DOF Group has secured a contract from TotalEnergies to provide subsea construction and mooring services for the floating storage and offloading (FSO) Unity Replacement Project.The contract covers engineering, transportation and installation of mooring systems…

MESH Offshore Gas and Hydrogen Storage Scheme Enters Next Phase

Jul 01, 2026

EnergyPathways has launched the work program for its MESH offshore energy storage project after formally accepting a gas storage license for the development in the East Irish Sea.The company plans to carry out a site survey in the third quarter of 2026 to collect environmental…

Shell Agrees $1.7B Gulf Deepwater Assets Sale to Talos Energy and Ridgewood

Jul 01, 2026

Talos Energy and an affiliate of Ridgewood Energy Corporation have agreed to acquire Shell's interests in the Na Kika platform and the Coulomb field in the Gulf of America in a deal valued at $1.7 billion.Under the agreement, Talos will acquire…

Markets: Oil Majors Reload Exploration Hoppers Across Sub-Saharan Africa

Jun 25, 2026

Faced with declining production post-2030, across Sub-Saharan Africa (SSA), the Majors have started the process of reloading exploration hoppers. Targeting predominantly deep and ultra-deep waters, they have signed numerous agreements aimed…

Wintermar Takes Full Control of Fast Offshore Supply

Jun 24, 2026

Indonesian offshore vessel operator PT Wintermar Offshore Marine (WINS) has acquired the remaining stakes in Singapore-based Fast Offshore Supply (FOS) and its subsidiary PT Fast Offshore Indonesia (FOI), gaining full control of both companies…

EnerMech Completes Offshore Pipeline Campaign in Australia's Bass Strait

Jun 17, 2026

EnerMech has completed an offshore cleaning and preparation campaign on the Bass Strait pipeline system in Australia's Gippsland Basin, supporting offshore assets operated by Esso Australia Resources, a wholly owned subsidiary of ExxonMobil…

Transocean Scoops $185M in Drilling Contracts Offshore Norway and Australia

Jun 17, 2026

Offshore drilling contractor Transocean has secured new contracts for two of its harsh-environment semi-submersible drilling rigs, adding approximately $185 million in firm backlog.The largest award was for the Transocean Norge, which received…

MOL, Repsol and TPAO Advance Deepwater Libya Exploration Project

Jun 16, 2026

Hungary's MOL Group and its joint venture partners Repsol and Türkiye Petrolleri A.O. (TPAO) have signed a production sharing agreement for a deepwater offshore exploration block in Libya's Mediterranean waters, advancing plans for oil and gas exploration in the North African country…

Current News

Scotland Approves Ocean Winds' 2GW Caledonia Offshore Wind Farm

Cadeler Welcomes Wind Ace WTIV to its Fleet

Fugro Secures Timor-Leste Offshore Survey Job

Searah Malaysia Starts Upstream Oil and Gas Operations

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