Saudi oil and gas drilling contractor ADES Holding has secured a contract with Addax Petroleum, part of Sinopec Group, for its Admarine 510 jack-up drilling rig, which will be put to work offshore Cameroon in West Africa.The contract is expected to begin in the fourth quarter of 2025…
Huisman has secured a contract for the delivery of two Knuckle Boom Cranes, which will be installed on the new Olympic Group’s subsea construction vessels.The two 250 mt cranes will be installed on UT 7623 SEV series of Olymipic’s vessels.The…
Azeri state energy company SOCAR will sign new agreements soon for oil and gas exploration in Azerbaijan, including with Exxon Mobil and BP, three sources told Reuters on Monday.The sources, who spoke on condition of anonymity, declined to give further details…
Turkish state oil company TPAO will sign a gas production-sharing agreement with Azerbaijan's SOCAR and BP for the Shafaq-Asiman offshore block on the Caspian sea, Turkey's energy minister said on Monday.'Today, we are taking further steps with…
Amplus Energy Services has selected Astican Shipyard in Las Palmas de Gran Canaria to undertake a major multi-million-dollar work scope to prepare its newly-acquired Petrojarl I floating production, storage and offloading (FPSO) unit for redeployment…
Retrofit specialist GLO Marine has secured hydraulic system upgrade job on Bluewater’s Haewene Brim floating production, storage and offloading (FPSO) unit, following the successful delivery of the project’s first phase.The contract builds on…
Singaporean shipbuilder Strategic Marine has delivered two new Crew Transfer Vessels (CTVs) to Louis Dreyfus Armateurs (LDA), expanding its high-specification offshore wind support fleet.The newly delivered StratCat 27 vessels, sister ships to Acti’Vent and Esti’Vent…
Aker Solutions has installed an autonomous drone system on Aker BP’s Edvard Grieg platform in the North Sea, enabling remote inspections from shore.The company recently completed the first offshore beyond-visual-line-of-sight (BVLOS) drone operation…
Fugro has signed a letter of award to perform a site characterization program for a deepwater gas field development in Southeast Asia.The contract award represents the largest geotechnical and geophysical survey project for Fugro in the Asia Pacific region to date…
Harbour Energy has achieved first oil from the Maria Phase 2 project in the North Sea, offshore Norway.Maria Phase 2 is a four well subsea tieback to existing infrastructure in Harbour Energy’s operated Maria field. Production from the first well was delivered safely…
A wildcat well, drilled by Harbour Energy Norge and its partner Stella Maris CCS in the Havstjerne storage project, has confirmed a reservoir that is suitable for injection and storage of carbon dioxide (CO2).Well 9/6-1 was drilled in the North…
Nigerian President Bola Tinubu has signed an executive order introducing a performance-driven framework for oil sector operators, designed to link tax incentives directly to verifiable cost savings.Under the new Upstream Petroleum Operations Cost Efficiency Incentives Order 2025…
Gazelle Wind Power, a Dublin-based floating wind developer, has closed a $2.26 million (€2 million) investment with Banco Português de Fomento (BPF) to support further development of its floating wind technology and projects.The investment with…
Austrian oil and gas firm OMV has signed an agreement with Lukoil Gulf Upstream, a subsidiary of Russia’s Lukoil, to divest its stake in a sour gas development offshore the United Arab Emirates (UAE).OMV has agreed the sale of 5% stake in the…
Island Frontier multi-service vessel (MSV), owned by Island Offshore, has completed another campaign in West Africa for Oceaneering, ahead of embarking on a new project in the region.As part of the campaign, Island Frontier MSV delivered spool…