A new joint venture (JV) between THREE60 Energy and AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has been awarded a multi-million-dollar contract by BP to provide integrated decommissioning services for its Andrew field in the North Sea…
Ocean services provider DeepOcean has been awarded a SIMOPRO – simultaneous marine operation and production – installation contract by Equinor on the Norwegian continental shelf.DeepOcean’s scope of work entails SIMOPRO installation work on both the Åsgård and Visund fields…
Shell has started production from the Victory gas field in the UK North Sea, located approximately 47 km north-west of the Shetland Islands.Shell is the full owner and operator of the field, whose peak production is estimated at around 150 million standard cubic feet per day of gas…
The consortium of Repsol, LLOG Exploration Offshore, and O.G. Oil & Gas (OG) has achieved first oil at the deepwater Leon-Castile fields, forming Salamanca development project, through a refurbished floating production unit (FPU), offshore Louisiana…
Baker Hughes, an energy technology company, has secured a contract from Petrobras to supply up to 50 subsea tree systems and associated services to support offshore oil and gas production across multiple fields in Brazil.The modern subsea systems…
Equinor and partners in Åsgard and Mikkel licenses have started the second phase of Åsgard subsea compression in the Norwegian Sea, with the aim to maintain production from the field by increasing the pressure in the pipelines between the wells and the Åsgard B platform…
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved a sales purchase agreement (SPA) by TotalEnergies for its entire 12.5% stake in Oil Mining Lease (OML) 118, which contains Bonga offshore field, to Shell's SNEPco and Eni's Nigerian Agip Exploration (NAE)…
Global technology company SLB has secured a major contract from Petrobras to provide services and technology for up to 35 ultra-deepwater wells in the strategically important Santos Basin.The wells, which are part of the second development of the Atapu and Sépia fields…
Dutch-based SBM Offshore has cut the first steel for Chalchi floating storage and offloading (FSO) at COSCO Shipyard in China, marking the start of construction of the unit bound for deployment at Trion deepwater oil field, offshore Mexico.The FSO’s name…
Norway’s offshore industry safety watchdog Norwegian Ocean Industry Authority (Havtil) has given Equinor consent to use the Deepsea Bollsta semi-submersible rig for operations in the North Sea.The rig will be used for plugging, drilling and completion of wells on the Visund Sør field…
Equinor has started production from the Askeladd Vest subsea field in the Barents Sea, contributing to continued high and long-term production of liquefied natural gas (LNG) from the processing plant at Melkøya.Askeladd Vest consists of two…
Baker Hughes has signed a multi-year contract with Petrobras to extend deployment of its Blue Marlin and Blue Orca stimulation vessels, supporting offshore oil and gas production in Brazil’s post and pre-salt fields.The award, which followed an open tender…
The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore resources, the International Energy Agency said on Tuesday, meaning companies need to invest more just to keep output flat…
Perenco has started active field reactivation program for the Cherne and Bagre fields in Campos Basin, acquired from Petrobras earlier in 2025, helping meet the industry’s mature field challenges and unlocking in excess of 50 mmstb of reserves…
Brazilian oil and gas firm PRIO has secured the installation license from the Brazilian Institute of the Environment and Natural Renewable Resources (Ibama) for the Wahoo field production development system and interconnection of the wells to the Frade floating production…