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…
BP has hired Noble Corporation’s Noble Innovator jack-up rig for a drilling job related to carbon capture and storage (CCS) project in the North Sea.Under the contract, Noble Innovator will drill six firm wells for the Northern Endurance Partnership (NEP) project in the North Sea…
Eni Ghana, a subsidiary of Italy’s Eni, has marked the start of drilling activities offshore Ghana with the arrival of Deep Value Driller (DVD) drillship, following completion of activities in Côte d'Ivoire.Eni Ghana, together with its Offshore…
Gibraltar-based ship repair and conversion yard Gibdock has completed the repair and renewal of TechnipFMC's Deep Blue, a deepwaer pipelay and subsea construction vessel.TechnipFMC relocated Deep Blue from the U.S. Gulf for the works, also redeploying…
Portuguese group Mota-Engil, through its Empresa Construtora do Brasil unit, has signed a contract with Petrobras to deliver offshore platform maintenance services in Brazil.The contract, worth approximately R$1.61 billion or $280 million, will have an estimated term of 48 months…
Portugal's Galp expects to boost its oil and gas production in Brazil by around 40% over the next few years, when the promising offshore field Bacalhau reaches peak output, executive board member Nuno Bastos told reporters.Galp produces 110…
Eni has entered exclusive talks to sell a 49.99% stake in its carbon capture, utilisation and storage (CCUS) business to BlackRock's infrastructure fund GIP, the Italian energy group said on Tuesday.The move is part of Eni's broader strategy…
China’s state oil and gas major Sinopec has established a venture capital fund focused on hydrogen energy, with an initial size of 5 billion yuan ($690 million), the company said in a statement on Thursday.The fund, the largest in China dedicated to investment across the hydrogen value chain…
The Agogo floating production, storage and offloading (FPSO) unit has reached Angola ahead off installation at Azule Energy’s offshore field.The trans-oceanic towing operation from China to Angola was conducted by PACC Offshore Services Holdings (POSH)…