Portugal's Galp is in advanced talks with several oil majors to sell a 40% stake in its promising offshore Mopane field in Namibia and expects to choose a partner by the end of the year, Executive Board Member Nuno Bastos said on Tuesday.The…
Indeximate, a provider of fiber sensing-based cable health monitoring to the offshore wind energy industry, announced that it has demonstrated its cable health monitoring to the offshore wind farm operator RWE. Following their success in RWE’s 2023 innovation competition…
The delivery of the next-generation construction support vessel (CSV), under construction at Turkish Sefine Shipyard for Norway’s Eidesvik Offshore and Agalas, has been delayed for later in 2026.The delivery of the CSV, which will feature a…
Poland will seek binding offers for capacity that would be available in the expanded floating liquefied natural gas terminal near Gdansk following ample interest from shippers, the country's gas pipeline operator Gaz-System said on Monday.Gaz…
Belgium-based offshore installation services company DEME has taken delivery of its new wind turbine installation vessel (WTIV) Norse Wind at the CIMC Raffles Shipyard.Designed to install the next generation of offshore wind turbines, the vessel…
Equinor and its partners has started production from the large Bacalhau field in Brazil, whose recoverable reserves exceed 1 billion barrels of oil equivalent (boe).Bacalhau is located in the pre-salt region of Brazil's Santos Basin in ultra-deep water of over 2…
Azule Energy, a joint venture between BP and Eni, has spudded the first well at Angola’s inaugural non-associated offshore gas development.The spudding of the QUI-Q-GP01 well was done with Valaris’ jack-up drilling rig Valaris V-144, marking the first well of the New Gas Consortium (NGC) project…
Ocean services provider DeepOcean has expanded its service offering to the offshore renewables and oil and gas industries by entering into a time charter agreement for the multipurpose support vessel Glomar Supporter.Chartered from Glomar Offshore…
Seaturns, a French wave energy start-up, has completed manufacturing of its first full-scale floating wave energy converter and launched the initial phase of operational testing at the port of Nantes Saint-Nazaire.Built in just six months, the…
Energean Italy, a subsidiary of London-based Energean, has restarted production at the Rospo Mare field in the Adriatic Sea.The Rospo Mare field, which was shut down since January 2025, has restarted production on October 12, 2025, with full…
Japan’s NYK has signed a long-term time-charter agreement for a domestically built crew transfer vessel (CTV) with Oga Katagami Akita Offshore Green Energy, a joint venture established by JERA Nex bp Japan, Electric Power Development, Tohoku Electric Power…
Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell, and Sunlink Energies and Resources have taken a final investment decision (FID) on the HI gas project offshore Nigeria.When completed, the project will supply…
Offshore drilling contractor Valaris has secured a five-well contract with BP’s subsidiary BP Exploration Delta for VALARIS DS-12 drillship in Egypt.The contract is expected to begin in the second quarter 2026 and has an estimated duration of 350 days…
Vietsovpetro, the Vietnamese-Russian joint venture, has started commercial oil production from its BK-24 wellhead platform at the Bach Ho (White Tiger) oil field, more than two months ahead of schedule.On October 11, 2025, Vietsovpetro achieved…