Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore production slows due to lower prices and maturing shale fields, and analysts and consultants expect the trend to continue…
Australia's Santos narrowed its annual output forecast for a second time this year on Thursday after a technical issue delayed the ramp-up of its key Barossa oil and gas project and inclement weather hampered recovery at its Cooper Basin project…
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…
Kombi-II mobile offshore production unit (MOPU), converted from a jack-up drilling rig by Dixstone, has started its journey to Congo for deployment at Perenco-operated Kombi-Likalala-Libondo II (KLL II) permit.Dixstone, a sister company of oil and gas firm Perenco…
ABL has been appointed through United India Insurance (UIIC) to oversee India’s Oil and Natural Gas Corporation (ONGC) rig moves between September 2025 and May 2026.Under the contract, ABL will act as marine warranty surveyor for an anticipated 25 ONGC rig moves…
Marine geophysical services company PXGEO has appointed Chet Bhat as its first Chief Information Officer (CIO), to spearhead the company’s worldwide digital strategy.Bhat will retain his current position as Global CIO at energy services organization EnerMech…
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…
Energy data and intelligence firm TGS has secured a streamer acquisition contract in Africa.Acquisition is scheduled to commence in the fourth quarter of 2025.The contract, with an undisclosed party, has a duration of approximately 50 days.'We…
Dutch offshore installation firm Van Oord has been awarded the prestigious Jan Agema Award 2025 for its contribution to the offshore wind project Borssele III, IV and V.The jury praised the project for its technical innovation, societal relevance…
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…
Pakistan’s state-owned Oil and Gas Development Company (OGDCL) has agreed to acquire a 20% interest in the Eastern Offshore Indus-C Block, joining forces with Pakistan Petroleum Limited (PPL), Turkish Petroleum Overseas Company (TPOC), part of Türkiye’s TPAO…
Utility firm Eversource Energy said on Tuesday it expects a $75 million or 20 cents per share after-tax charge in the third quarter due to an increased liability for the two wind projects sold to Global Infrastructure Partners (GIP).In 2024…
Survival technology specialist Survitec has launched its next-generation high-expansion foam fire suppression system, designed to deliver higher foam output at lower operating pressures while reducing both installation and through-life costs for shipyards and shipowners…
Egypt has a plan for the drilling of 480 exploratory oil wells on the basis of investments totaling $5.7 billion over the next 5 years, the country's petroleum minister said on Tuesday, as the country seeks to reverse declining production.The…