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Mellitah Oil and Gas, Hill International to Collaborate on Libya Gas Project

Jul 23, 2025

Mellitah Oil and Gas will work with U.S. construction consulting firm Hill International to manage a project which aims to boost Libya's gas output, the country's National Oil Company (NOC) said in a statement on Wednesday.NOC said a cooperation agreement was signed during a visit by U…

Saipem Shares Financial Results for First Half of 2025

Jul 23, 2025

Saipem achieved a semester of further growth, confirming the constant progression in operating and financial performance over the last three years which enabled, in the month of May, the distribution of the largest dividend in the company's history…

TotalEnergies Starts Up Two Subsea Tie-Back Projects in Angola

Jul 23, 2025

TotalEnergies has started production from the BEGONIA and CLOV Phase 3 projects, adding a total of 60,000 barrels per day of production offshore Angola.The start of production from the BEGONIA and CLOV Phase 3 offshore projects leverages ullage in the PAZFLOR and CLOV floating production…

Dong Fang Offshore Orders Huisman Cable Lay System

Jul 23, 2025

Huisman has signed a contract with Dong Fang Offshore (DFO) for the delivery of a modular cable lay system, specifically designed for deployment across range of vessels.Huisman’s 30mt cable lay system will be suitable for deployment for DFO’s…

Expro Launches Advanced BRUTE Tool for Deepwater Wells

Jul 23, 2025

Texas-based oilfield services provider Expro has launched its most advanced BRUTE high-pressure, high tensile packer system, designed to help operators work more efficiently in the extreme conditions of deepwater wells.Engineered for the highest differential pressures in the market…

Lamprell Picks Ventherm’s Robotic Solution for Offshore Wind Transition Pieces

Jul 23, 2025

Offshore construction firm Lamprell has awarded Ventherm a contract to deliver a fully automated robotic solution for the surface treatment of transition pieces used in offshore wind foundations.This first-of-its-kind project introduces a fully…

CorPower Ocean Bags $47M EU Grant for 10MW Wave Energy Project

Jul 23, 2025

CorPower Ocean has secured a grant from the EU Innovation Fund to support the development of VianaWave, a pre-commercial 10MW wave energy farm to be deployed off the coast of northern Portugal.The grant, in the amount of $46.8 million (€40 million)…

POSH Welcomes AHTS Vessel to its Fleet

Jul 23, 2025

PACC Offshore Services Holdings (POSH), an offshore marine solutions provider, has expanded its towage and installation fleet with the addition of a new anchor handling towing (AHT) vessel, POSH Courage.This fleet enhancement strengthens POSH’s capacity to undertake larger or multiple towages…

Friede & Goldman Hires Contractor for Semi-Sub Rig Conversion Job

Jul 23, 2025

Houston-based designer of mobile offshore drilling units Friede & Goldman (F&G) has signed an engineering agreement with Peak Ocean Offshore, a specialist in offshore asset conversion and lifecycle optimization, for the design and engineering…

Vantage Drilling Secures More Time to Formalize Ultra-Deepwater Drillship Deal

Jul 23, 2025

Offshore drilling contractor Vantage Drilling has extended the expiration date for the conditional letter of award (CLOA) for its Platinum Explorer ultra-deepwater drillship, agreed with an undisclosed client.The 90-day validity period of the…

Equinor Takes $955M Impairment Hit on US Offshore Wind Farm

Jul 23, 2025

Norway's Equinor said on Wednesday it booked a $955 million impairment on an offshore wind project in the United States, despite the lifting of an earlier ban on its construction by President Donald Trump's administration.In April, Interior…

Exxon Looking to Explore Trinidad and Tobago For Offshore Oil

Jul 22, 2025

Exxon Mobil has begun negotiations with the Trinidad and Tobago government to explore for oil and gas in up to seven deepwater blocks off the East Coast of the Caribbean country, which the top U.S. oil producer left more than two decades ago…

SLB Gets CCS Job in North Sea for BP, Equinor and TotalEnergies JV

Jul 22, 2025

Global energy technology company SLB has been awarded a technologies and services contract for carbon storage site development in the North Sea by the Northern Endurance Partnership (NEP), an incorporated joint venture between BP, Equinor and TotalEnergies…

CEP Makes ‘Significant’ Oil Discovery Offshore Poland

Jul 22, 2025

Canadian exploration and production company Central European Petroleum (CEP) has made a significant oil discovery in its fully owned and operated Wolin East 1 (WE1) well, located in the Baltic Sea, offshore Poland.The WE1 well was drilled using…

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

Jul 22, 2025

Norwegian oil and gas company Pandion Energy has entered into an agreement to sell its participating interests in three assets comprising seven production licenses on the Norwegian Continental Shelf (NCS) to Inpex Idemitsu Norge, owned by Japan’s Inpex…

Current News

SLB Acquires Well Intervention Software Specialist

DOF Scoops Over $220M for AHTS Vessel Contracts with Petrobras

Record Production Boosts Chevron’s Second Quarter Earnings

ExxonMobil’s Profit Shoots Above Expectations

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