Latest News - page 24


TGS Awarded Data Brokerage Rights for Brunei Block

Aug 20, 2026

TGS has been awarded data brokerage, marketing and licensing rights by the Petroleum Authority of Brunei Darussalam for subsurface data over an offshore Brunei block.The award covers data across the block, including 3D seismic data, well information…

Everllence’s 175D Engines to Power Four Offshore Tugs Destined for Guyana

Aug 20, 2026

Everllence has signed a contract with a Turkish shipyard within the high-speed segment. The contract comprises 16 × 175D gensets bound for 4 × Rampage 6000‑DE offshore terminal tugs designed by Robert Allen.These will be operated by Smit Lamnalco…

Equinor to Supply Oil from Johan Sverdrup to ORLEN

Aug 20, 2026

Equinor has signed an agreement with Poland’s ORLEN for the sale of crude oil from the Johan Sverdrup field on the Norwegian continental shelf. The agreement will run for three years from the beginning of September.Annual supplies under the…

Dolphin Drilling Wins Blackford Dolphin Contract Extension

Aug 20, 2026

Dolphin Drilling’s deepwater capable semisubmersible rig, Blackford Dolphin, will continue its drilling contract for Oil India Limited.The contract has been extended up to October 15, 2026, to enable completion of drilling, testing, and abandonment work at locations East of India…

Fifth FPSO for Exxon Arrives in Guyana

Aug 20, 2026

The fifth floating oil production facility for a consortium led by U.S. energy major Exxon Mobil in Guyana has arrived in Guyanese waters, according to vessel monitoring data on Thursday.The Errea Wittu FPSO, built by Japanese firm MODEC in Singapore…

Crescentia Capital Invests in Underwater Construction Corporation

Aug 20, 2026

Underwater Construction Corporation (UCC), a provider of specialized underwater diving services, announced a strategic investment from Crescentia Capital, in partnership with Graham Capital Investments (GCI). The investment provides UCC with additional resources to accelerate organic growth…

SMD Appoints New Senior Leadership

Aug 20, 2026

Subsea technology company SMD has strengthened its capabilities with key senior appointments, meeting the evolving needs of customers and growing demand for its advanced vehicles.The company has appointed Ryan Lumsden as product line manager for ROVs and Paul Green as head of continuous improvement…

Romanian Fighter Jets Destroy Marine Drone Near Neptun Deep Project

Aug 20, 2026

Romania scrambled F-16 fighter jets to destroy a marine drone spotted a few hundred metres from the Black Sea gas project Neptun Deep, Defence Minister Radu Miruta said on Thursday.The incident underscores the growing threat to critical energy…

LR: Subsea Pipeline Design Choices Determine Integrity

Aug 20, 2026

Early design decisions and robust qualification of subsea connectors can materially shape the long-term integrity of subsea pipelines warns Lloyd’s Register (LR), as part of a new study delivered for the Norwegian Ocean Industry Authority (Havtil)…

SLB, Formentera Aim to Activate Venezuela Drilling Rigs

Aug 20, 2026

Oil service provider SLB and private equity firm Formentera Partners are working to either reactivate oil rigs in Venezuela or import additional rigs into the country in the coming months, executives from both firms said on Wednesday during a conference in Houston…

Norway's Overall Oil, Gas Output Lags Forecast in July

Aug 20, 2026

Norway's combined oil and gas production missed an official forecast by 2.5% in July, the Norwegian Offshore Directorate (NOD) said on Thursday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…

DeepOcean Completes Tie-Back at Teal West

Aug 20, 2026

Global ocean services provider DeepOcean has successfully completed subsea construction and tie-in work at the Teal West development on the UK Continental Shelf for Anasuria Operating Company.Teal West is an offshore oil and gas development project located in the Central North Sea…

MFE Becomes U.S. Distributor for IVM’s HYDRO Photogrammetry Systems

Aug 19, 2026

MFE Inspection Solutions has partnered with IVM Technologies, becoming IVM’s first authorized U.S. distributor for its HYDRO Series.Through MFE Offshore, U.S. offshore and subsea teams will gain access to these photogrammetry systems for creating accurate 3D models of underwater assets…

Aker BP Acquires Interests in Losgann/Froskelår and Slagugle Discoveries

Aug 19, 2026

Aker BP has entered into two separate transactions that strengthen its positions close to existing infrastructure on the Norwegian Continental Shelf. In the North Sea, the company has agreed to acquire Apache’s interest in the Losgann/Froskelår discovery near the Alvheim area…

Panoro Energy to Acquire Côte d’Ivoire Producing Asset from DNO

Aug 19, 2026

Panoro Energy has entered into a definitive agreement with DNO to acquire the entire share capital of DNO’s wholly owned subsidiary DNO CI which holds an indirect 9.09 percent interest in the high-quality gas producing Block CI-27 offshore Côte d’Ivoire…

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