U.S. based engineering and construction firm McDermott has completed its activities for TotalEnergies' Begonia field development, offshore Angola.Under the engineering, procurement, construction, installation, pre-commissioning and commissioning contract…
U.S. oilfield services provider Halliburton has secured multiple contracts from Petrobras to provide completion and stimulation services for its deepwater fields offshore Brazil.The contracts entail vessel stimulation, intelligent completions…
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…
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…
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…
Serica Energy has signed an agreement to acquire the entirety of BP’s stake in the P111, which contains the Culzean gas field, and P2544 licenses in the U.K. Central North Sea, in a deal valued at $232 million, marking a major expansion of its gas portfolio…
Texas-based exploration and production company Beacon Offshore Energy has completed the ramp-up of the four development wells as part of the first phase of its operated deepwater Shenandoah field, reaching the target rate of 100,000 bopd/117…
The Norwegian Ocean Industry Authority (Havtil) has granted OKEA a consent to use Deepsea Yantai semi-submersible rig for production drilling on the Draugen field in the Norwegian Sea.Draugen is a field in the southern part of the Norwegian Sea…
Brazil's government has set a minimum total payment of 10.2 billion reais ($1.91 billion) for an upcoming auction offering stakes in three pre-salt oil fields already in production but not yet contracted, state-run firm Pre-Sal Petroleo (PPSA) said…
Norwegian oil and gas company Vår Energi has achieved increase in both production as well as recoverable volumes from the Gjøa field, following the start-up of the Gjøa low pressure project.The project has modified the compressor systems on the Gjøa platform…
MODEC has held a steel strike ceremony for the part of Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil.The ceremony was held at the COSCO Qidong Shipyard, marking…
Oner and developer of large-scale midstream oil and gas infrastructure North Sea Midstream Partners (NSMP) has received first gas from Shell’s Victory field in the UK North Sea.The start-up of the Victory field marks the first new gas from the…
French tubular solutions supplier Vallourec has secured a new order from Petrobras for its Submagnético Free Flow oil country tubular goods (OCTG) solution designed to prevent inorganic scaling in production strings.The order covers the production and installation of more than 30 units…
Saipem has completed the first complex subsea structure ever built in Guyana, set for deployment at ExxonMobil’s Uaru field, marking a key milestone in the development of the country's industrial capabilities in the subsea sector.This is the Pipeline End Termination (PLET)…
TotalEnergies EP Norge has signed an agreement for the divestment of its non-operated interest (39.89%) in the West Ekofisk and Albuskjell fields to Vår Energi and has also concluded an agreement with Orlen Upstream Norway for the divestment of its non-operated interest (20…