Industry News


Ithaca Energy Acquires 50% Stake in Shell’s Tobermory Discovery off Scotland

Nov 19, 2025

Ithaca Energy has signed a farm-in agreement with Shell UK for a 50% working interest in licenses P2629 and P2630, located in the West of Shetland basin, containing the Tobermory discovery.Following completion of the farm-in, Shell UK will continue…

Shell Buys Offshore Wind Power for Hydrogen Electrolyzer in Germany

Nov 19, 2025

Nordsee One has signed a five-year power purchase agreement (PPA) with Shell Energy Europe covering around one-third of the annual output from the 332 MW Nordsee One offshore wind farm.The agreement will start in June 2027. Part of the renewable…

BP Hires SLB OneSubsea for Deepwater Gulf of Mexico Job

Nov 19, 2025

SLB OneSubsea, joint venture between SLB, Aker Solutions, and Subsea7, has secured a contract from BP for subsea boosting system for the greenfield development of the Tiber project, located in the deepwater U.S. offshore region.The engineering…

Shelf Drilling’s Jack-Up to Restart Ops for Aramco as Suspension Ends

Nov 19, 2025

Offshore drilling contractor Shelf Drilling has received a notice from Saudi oil and gas giant Aramco to resume operations for the Harvey H. Ward jack-up rig in the Middle East.The rig’s operations were previously suspended by Aramco, effective September 2024…

BW Energy Confirms Liquid Hydrocarbons in Namibia’s Kudu Block

Nov 19, 2025

BW Energy has completed drilling operations on the Kharas-1 appraisal well in the Kudu license area, offshore Namibia, confirming the presence of hydrocarbons.The well, drilled with Odfjell Drilling-managed Deepsea Mira rig, reached a total depth of 5…

Pakistan Greenlights TPOC-Led Offshore Exploration in Block-C

Nov 19, 2025

Pakistan approved a new offshore exploration consortium on Tuesday, clearing Turkish Petroleum Overseas Company to take over operatorship of the Eastern Offshore Block-C as part of a push to revive drilling, the adviser to the finance ministry said…

Syria Inks Gas Deal with ConocoPhillips and Novaterra

Nov 19, 2025

The Syrian Petroleum Company, U.S.-based ConocoPhillips COP.N and Novaterra have signed a memorandum of understanding to expand cooperation in the natural gas sector, Syria's energy ministry said on Tuesday.Due to the destruction of energy infrastructure during its 14-year civil war…

Green Groups File Suit to Stop Gulf of Mexico Oil Auction

Nov 19, 2025

Environmental groups sued the Trump administration for its decision to move forward with a planned December 10 offshore oil and gas lease sale covering 80 million acres (32 million hectares) in the Gulf of Mexico, they said on Tuesday.Why It's ImportantThe lawsuit…

Hoyer Acquires VMS Group

Nov 18, 2025

Hoyer, a global supplier of electric motors and automation solutions, and VMS Group, a marine service provider, have merged to create Hoyer VMS Group, a new company aiming to deliver a unique global offering for power and motion solutions across marine and industrial markets…

Dieseko, CorPower Joint Project to Streamline Offshore Anchor Installations

Nov 18, 2025

Dieseko Group and CorPower Ocean have formed a strategic consortium to launch VibroDrive+, a research project aimed at improving offshore anchor design and installation efficiency for marine energy and floating wind applications.Supported by $460…

Sonardyne Takes Charge of Passive Seismic Monitoring for UK’s First CCS Site

Nov 18, 2025

Sonardyne will provide passive seismic monitoring services for the Northern Endurance Partnership (NEP) at the Endurance carbon storage site in the U.K. North Sea, expanding its role at the country’s first carbon capture and storage (CCS) project…

Equinor Identifies Source of Gas Exposure Events at Hammerfest LNG

Nov 18, 2025

Equinor said its investigation into a series of exposure incidents at Hammerfest LNG has concluded that venting from monoethylene glycol (MEG) tanks was the main source, combined with weather conditions that caused vented gas to descend to ground level where personnel were working…

Jasmund Substation Nears Baltic Sea Installation After Topside and Jacket Load-Out

Nov 18, 2025

The Jasmund offshore substation project for German grid operator 50Hertz, being delivered by HIS consortium, has reached a key milestone with the load-out of both its topside and jacket, marking a major step toward offshore installation in the Baltic Sea…

TechnipFMC to Supply Subsea Systems for Eni’s Maha Deepwater Project

Nov 18, 2025

TechnipFMC has been awarded an integrated Engineering, Procurement, Construction, and Installation (iEPCI) contract by Eni for the deepwater Maha project offshore Indonesia.The project represents Eni’s first deployment of TechnipFMC’s Subsea 2…

Noble Intrepid Jack-Up Drills Dry Well in North Sea

Nov 18, 2025

DNO and its partners have drilled a dry well in the Page prospect in the southern part of the North Sea, using Noble Corporation’s Noble Intrepid jack-up rig.The wildcat well 2/6-8 S and technical sidetrack 2/6-8 ST2 were drilled in production license 1086…

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