Industry News


ExxonMobil Hires Shearwater for OBN Survey in Angola

Aug 26, 2025

Shearwater Geoservices has secured a deepwater Ocean Bottom Node (OBN) seismic survey work offshore Angola by ExxonMobil’s affiliate Esso Exploration Angola Block 15 Limited.The two-month project is scheduled to begin during the third quarter of 2025…

MOL’s Cargo Vessel to be Jointly Used by Shell and TotalEnergies in Brazil

Aug 26, 2025

A cargo transfer vessel owned by Mitsui O.S.K. Lines (MOL) will be shared by TotalEnergies EP Brasil, which employs the vessel in its operation since 2020, with Shell Brasil Petróleo for crude oil cargos produced in Brazil.The vessel SeaLoader 1…

Work Underway at Three New Wells at Zohr Gas Field off Egypt

Aug 26, 2025

Work is underway at three new wells in the Zohr gas field in the Mediterranean in the current financial year, Egypt's petroleum ministry said on Tuesday.Another well, the Zohr-6 well, has added about 65 million cubic feet per day of gas to Egypt’s output…

Vår Energi Hits Production Milestone as Jotun FPSO Continues Ramp-Up

Aug 26, 2025

Norwegian oil and gas company Vår Energi has achieved a significant milestone by reaching a production level of 400 thousand barrels of oil equivalent per day (kboepd), ahead of schedule.The company said it is also on track to produce around 430 kboepd in the fourth quarter this year…

Trump Administration to Cancel Approval of Maryland Offshore Wind Project

Aug 25, 2025

The administration of U.S. President Donald Trump intends to withdraw federal approval for US Wind’s offshore wind farm off the coast of Maryland, according to a filing submitted by Attorney General Pam Bondi in the U.S. District Court in Delaware on Friday…

Trump's Halt of Rhode Island Wind Project Stuns Local Leaders

Aug 25, 2025

The Trump administration's order to halt work on a nearly completed wind farm off the coast of Rhode Island threatens grid reliability and jobs and defies explanation, business and government leaders from New England said on Monday.State leaders…

AMIGO LNG Signs 15-Year LNG Sale and Purchase Agreement with Macquarie

Aug 25, 2025

AMIGO LNG S.A. de C.V., a Mexican joint venture of Texas-based Epcilon LNG LLC and Singapore-based LNG Alliance, announced the execution of a long-term Sale and Purchase Agreement (SPA) with Macquarie Group, a global trading and financial services group…

DP World Wins Contract to For Floating LNG Facility Off Mexico

Aug 25, 2025

Drydocks World, a unit of DP World, a Dubai-owned ports and logistics company, has secured an engineering, procurement, and construction contract for the construction of what it said would be the world's largest floating liquefied natural gas facility off Mexico's west coast…

Orsted Shares Drop as US Halts Offshore Rhode Island Wind Farm

Aug 25, 2025

Shares in Orsted plunged 17% on Monday after the U.S. halted the Danish company's Revolution Wind project off Rhode Island amid President Donald Trump's pushback on renewable energy investments.Orsted, the world's biggest offshore wind farm developer…

Equinor Picks OneSubsea All-Electric Subsea Production System for North Sea Field

Aug 25, 2025

OneSubsea, a joint venture formed by SLB, Aker Solutions and Subsea7, has been awarded an engineering, procurement and construction (EPC) contract by Equinor for a 12-well, all-electric Subsea Production System (SPS) in the Fram Sør field, offshore Norway…

Two Vessel Contracts Bring in $65M for Solstad Offshore

Aug 25, 2025

Norwegian offshore vessel owner Solstad Offshore has secured two contracts for its Normand Turmalina and Normand Superior vessels, with the combined worth of $65 million.The anchor handling tug supply (AHTS) vessel Normand Turmalina has received a contract extension from BRAVA Energia in Brazil…

PXGEO Nets First Seismic Survey off Malaysia

Aug 25, 2025

Marine geophysical services company PXGEO has secured its first contract in Malaysia to deliver offshore seismic data acquisition services under a two-year agreement.The contract includes a minimum commitment of 365 days of acquisition activity…

Luxcara Reserves Siemens Gamesa Turbines for 1.5GW Offshore Wind Project

Aug 25, 2025

Luxcara has signed a capacity reservation agreement with Siemens Gamesa for the 1.5 GW Waterekke offshore wind project in the German North Sea.The agreement with the German-Spanish global market leader for wind turbines was concluded following an international tender…

Jadestone’s Flow Test Exceeds Expectations at Australian Offshore Oil Field

Aug 25, 2025

Jadestone Energy has reported that the Skua-11ST development well at the Montara field offshore Australia has delivered initial oil production rates significantly above expectations following successful flow testing.Production from Skua-11ST began in early August…

Triton FPSO Marks First Oil Lifting Following Production Restart

Aug 25, 2025

U.K.-based oil and gas firm Serica Energy has achieved first lifting of oil from the Triton floating production, storage and offloading (FPSO) unit in the North Sea since the resumption of production in July.Production continues to ramp up in line with the previously stated plan…

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