Vår Energi has made a new commercial gas and condensate discovery in the Vidsyn exploration well, located close to the its operated Fenja field in the Norwegian Sea.The discovery is the third commercial discovery for Vår Energi so far in 2025 and will be evaluated as a potential tie-in to Fenja…
German-based chemical firm BASF and Equinor have signed a long-term strategic agreement for the annual delivery of up to 2 billion cubic meters or 23 terawatt hours of natural gas over a 10-year period.The contract secures a substantial share of BASF’s natural gas needs in Europe…
ABS and the Floating Offshore Wind Power Technology Research Association (FLOWRA) of Japan signed a memorandum of understanding to collaborate and explore new technologies to support the floating offshore wind industry.FLOWRA is a technical…
Venture Global will supply 2 million tonnes per annum (MTPA) of liquefied natural gas from its Calcasieu Pass 2 project over 20 years to Italian state-controlled energy group Eni, the two companies said on Wednesday.The deal is Eni's first long…
Equinor's long-term positive safety trend is reinforced through the second quarter of 2025, as the total number of serious incidents and personal injuries per million hours worked is at the lowest level the company has ever experienced at the end of the second quarter…
Oil and gas firm OMV has drilled a dry wildcat well in the Hoffmann prospect in the Norwegian Sea.The wildcat well 6606/4-1 S was drilled in production license 1194, which was awarded in 2023 (Awards in pre-defined areas 2022).OMV is the operator of the license with 40% working interest…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a ‘major breakthrough’ in the exploration of metamorphic buried hills in the deep plays in the South China Sea for the first time, as it makes an oil and gas find in Beibu Gulf…
Azule Energy, a joint venture firm between BP and Eni, has made a gas discovery at the Gajajeira-01 exploration well, located offshore in the Lower Congo Basin, Republic of Angola.The well was spudded on April 1, 2025 in a water depth of 95 meters…
Engineering company Monadelphous Group has secured new contracts in the energy sector valued at more than $100 million, including work at Shell’s Crux gas platform and Origin Energy’s LNG project.Monadelphous signed a contract with Technip Energies…
Equinor and its partners have made a gas discovery in the Skred prospect, located near the Johan Castberg field in the Barents Sea, off Norway.The 7220/5-4well was drilled about 23 kilometers north of discovery well 7220/8-1 on the Johan Castberg…
Aker Solutions has secured a contract by Equinor to prepare the topside of Troll C to receive and process the production from the Fram Sør subsea tie-in project in the North Sea.Fram Sør will be developed as a subsea tie-in to Troll C and will…
Norwegian shipbuilder Vard has completed the upgrades on Island Offshore’s well intervention vessel Island Wellsaver.The extensive upgrade and maintenance operation project for the Island Wellsaver vessel included the replacement of the remotely operated vehicle (ROV) system…
JDR Cable Systems (JDR), part of the TFKable Group, has secured a contract from Larsen & Toubro (L&T), an Indian multinational engaged in EPC projects, to assist with offshore umbilical testing in the Middle East.The work will see JDR test 14…
Offshore drilling contractor Shelf Drilling has secured a one-year extension with Eni for its Key Manhattan jack-up rig.The total added contract value is approximately $29 million, and the rig is now committed until November 2026.According to Shelf Drilling…
A consortium led by ExxonMobil has found a reservoir of natural gas at a prospect off the island's coast, a Cypriot government spokesperson said on Monday.Drilling resulted in preliminary indications of 350 metres of a gas-bearing reservoir at a depth of 1…