Northern Gulf Petroleum News


HSI Rolls Out Zingst Offshore Substation Topside for German TSO

Feb 02, 2026

The HSI Joint Venture, comprising HSM Offshore Energy, Smulders, and engineering company Iv, has rolled out the topside of OSS Zingst at HSM Offshore Energy’s yard in Schiedam.The milestone marks the next step in delivering Germany’s newest…

Bristow Lands $200M Helicopter Services Deal with Equinor and Vår Energi

Feb 02, 2026

Oil and gas firms Equinor and Vår Energi have awarded Bristow a new, long-term contract for helicopter transportation and search and rescue (SAR) services for their Barents Sea assets.The new helicopter contract, with fixed period for three years and two one-year extension options…

Conrad, Empyrean Agree Settlement Framework Over Duyung PSC Interests

Jan 30, 2026

Conrad Asia Energy and its subsidiary West Natuna Exploration have signed a binding term sheet with Empyrean Energy to settle historical cash call arrears related to the Duyung Production Sharing Contract in Indonesian waters.The agreement outlines…

Subsea7 Gets Shell’s Contract for Deepwater Development off US

Jan 30, 2026

Subsea7 has secured a sizeable contract by Shell for the Kaikias Waterflood project, a deepwater development in the Mars-Ursa Basin, off the Louisiana coast in the United States.The scope of work includes the transportation and installation of a subsea umbilical…

Northern Offshore’s Energy Emerger Rig Up for Drilling Job off Oman

Jan 30, 2026

Offshore drilling contractor Northern Offshore has secured a contract for its Energy Emerger jack-up rig for a drilling operation at Yumna field, offshore Oman.Rex International’s indirect subsidiary Masirah Oil announced that its parent company…

More to Consider than CO2 in CCS Leakage Risks

Jan 29, 2026

Researchers from the Technical University of Denmark have highlighted that taking a comprehensive view of the chemical composition of potential fluids leaking from geological CO2 storage reservoirs raises new questions about the potential risks…

Mozambique and TotalEnergies Restart Stalled $20B LNG Project

Jan 29, 2026

Mozambique and TotalEnergies formally restarted the French energy major's $20 billion liquefied natural gas project in the country at a ceremony on Thursday, nearly five years after it was put on hold following a deadly attack by Islamist militants…

Gulf Marine Services Extends Middle East Jack-Up Vessel Contracts

Jan 28, 2026

Gulf Marine Services (GMS), a provider of jack-up support vessels to the offshore energy industry, has received a variation order from a major national oil company in the Middle East extending an existing contract for two of its jack-up support vessels…

OKEA Discovers More Petroleum at Brage Field in North Sea

Jan 28, 2026

Norwegian oil and gas firm OKEA and its partners have discovered petroleum in the North Sea, off Norway.The well was drilled from the Brage installation, and the discovery was made in connection with drilling a development well for oil (31/4-A-15 D) in the Knockando Fensfjord prospect…

Australia and Timor-Leste Push to Advance Greater Sunrise Gas Field

Jan 28, 2026

Australian Prime Minister Anthony Albanese and his East Timor counterpart, Xanana Gusmao, on Wednesday said the Greater Sunrise gas project should be developed 'as soon as possible', with Australia pledging a third of its state revenue to its small neighbor…

Gulf Marine Services Lines Up First Fleet Addition in 10 Years

Jan 26, 2026

Gulf Marine Services (GMS), a provider of jack-up support vessels to the offshore energy industry, has agreed to acquire a new mid-class self-propelled, self-elevating support vessel, marking its first vessel acquisition in a decade.The vessel…

Beacon Offshore Starts Production at Zephyrus Field in US Gulf

Jan 26, 2026

Beacon Offshore Energy has started oil and gas production from its Zephyrus field in the U.S. Gulf of America, with output from the initial well beginning in late December 2025.The Miocene-aged development is located in Mississippi Canyon Block 759…

Inpex Moves to Accelerate Indonesia’s Abadi LNG Project

Jan 23, 2026

Japan's Inpex is working to advance the start of its Abadi project in Indonesia to meet the government's request to speed up and has seen strong interest from Western majors to buy liquefied natural gas, CEO Takayuki Ueda said.The long-delayed $20 billion project…

Turkish Petroleum, Chevron Discuss Joint Oil and Gas Exploration

Jan 21, 2026

Turkish Petroleum is in talks with Chevron to jointly explore oil and gas, Bloomberg News reported on Tuesday, citing a Turkish official familiar with the discussions.Turkey's state energy company would work with Chevron on seismic studies and drilling…

Blackstone Considers $5B Sale of Beacon Offshore Energy

Jan 20, 2026

Blackstone is in talks to sell its Beacon Offshore Energy, which operates oil and gas assets in the U.S. Gulf of Mexico for more than $5 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter.The asset manager has…

Current News

AF Offshore Secures North Sea Decom Job

Island Offshore’s Hybrid OECV Hits Water at Vard Yard in Romania (Video)

Jumbo Offshore Wraps Up Errea Wittu FPSO Mooring Pre-Lay in Guyana

Petronas Takes Operatorship of Oman’s Offshore Block 18

Subscribe for OE Digital E‑News