The Búzios field, operated by Petrobras, broke its record and surpassed daily production of 900,000 barrels of oil last weekend.Located in the pre-salt layer of the Santos Basin, about 180 kilometers off the coast of Rio de Janeiro, Búzios was…
Reach Subsea has completed a subsea inspection campaign for TotalEnergies, carried out in the Skirne, Byggve, and Atla fields on the Norwegian Continental Shelf.The project was delivered using Reach Remote 1, an unmanned surface vessel equipped with an electric ROV…
DOF Group ASA's revenue for 2nd quarter (management reporting) totals USD 507 million (USD 361 million) and EBITDA totals USD 214 million (USD 122 million). The operating profit (EBIT) is USD 150 million (USD 111 million). Net financial gain…
Brazilian oil regulator ANP will offer seven blocks in an upcoming auction for areas to explore in the country's offshore pre-salt region, set to happen on October 22, it said in a statement on Wednesday.Bidding will be opened for Jaspe, Citrino…
Kabal, a provider of logistics software for the energy industry, announced a new contract with Phu Quoc Petroleum Operating Company (PQPOC) to optimize its offshore logistics in Vietnam. This partnership marks a step in Kabal’s expansion in Southeast Asia…
Seabound has been awarded USD$1.48 million (£1.1 million) through Round 6 of the UK Government’s Clean Maritime Demonstration Competition (CMDC6). The funding will support a first-of-a-kind project between Seabound, STAX Engineering, and Associated…
Talos Energy Inc. announced successful drilling results at the Daenerys exploration prospect located in the U.S. Gulf of America Walker Ridge blocks 106, 107, 150, and 151.The discovery well was drilled to a total vertical depth of 33,228 feet…
NV5 has unveiled its latest precision hydrography innovations in the Great Lakes, enabling maritime stakeholders to “Own the Lakebed, Master the Mission.' To showcase these breakthrough capabilities, NV5 will host a free, live webinar on Wednesday…
Norway's combined oil and gas production exceeded an official forecast by 3.9% in July, the Norwegian Offshore Directorate (NOD) said on Wednesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…
Oceaneering International has announced today that its Integrity Management and Digital Solutions segment has renewed its contract with a major operator for inspection services in West Africa.Oceaneering’s scope of work includes non-destructive testing…
Brazil's Transpetro, the logistics subsidiary of state-run oil firm Petrobras, is set to relaunch a tender for building barges after low interest in a May bidding process, Transpetro Chief Executive Sergio Bacci said on Tuesday.In May the firm…
U.S. President Donald Trump's administration on Tuesday unveiled a comprehensive schedule to hold more than 30 offshore oil and gas lease sales in the Gulf of Mexico and Alaska's Cook Inlet over the next 15 years.The plan fulfills a directive in Trump's One Big Beautiful Bill Act…
Oil prices fell on Tuesday as traders thought a possible cease-fire in Russia's war with Ukraine might lead to easing or the end to sanctions on Russian crude oil, which would in turn boost global supply.Brent crude futures were down 50 cents…
U.S. natural gas futures fell about 4% to a nine-month low on Tuesday on near-record output, ample fuel in stockpiles and forecasts for less hot weather and lower demand through early September than previously expected.Another factor weighing…
Brent oil prices have shifted very little over the last two weeks, staying in the range of $65 to $66 per barrel. The Russia-Ukraine peace talks loom large, with bearish sentiment winning out in anticipation of Russian barrels making a return to global markets…