Marine geophysical services company PXGEO has secured its first contract in Malaysia to deliver offshore seismic data acquisition services under a two-year agreement.The contract includes a minimum commitment of 365 days of acquisition activity…
Energy data and intelligence firm TGS has secured a large streamer contract offshore Indonesia, covering approximately 10,000 square kilometers.Much of the project will focus on acquiring 3D seismic data for exploration purposes, with the final…
Norwegian shipbuilder Vard has signed a contract with Norway-based Sanco Shipping for the conversion of the seismic research vessel Sanco Sailor into a seismic source vessel.Sanco Shipping contracted PGS Apollo, now renamed Sanco Sailor, earlier in 2025…
The Northern Endeavour FPSO is being shipped by a Chinese heavy lift ship from Australia to Denmark for recycling.Installed between the Laminaria and Corallina oil fields in the Timor Sea and unproductive since 2019, its fate became the burden…
Woodside Energy WDS.AX said on Tuesday it will scale back exploration efforts and prioritise its $39 billion project pipeline to strengthen its balance sheet, after depreciation and decommissioning costs led to a slump in first-half profit.Woodside…
A panel session at The Heavy Lift Group’s gathering in The Hague in May put its finger on a ‘hot button’ topic in offshore logistics by focusing on the responses required from industry to fast-changing developments in the renewables sector.The…
Saipem reports it has successfully completed its designated scope of work for the development of the Yellowtail field, operated by ExxonMobil Guyana Ltd., locatedin approximately 1,800m of water within the Stabroek Block offshore Guyana.Awarded the contract in 2022…
Shape Digital, Shell Brasil, MODEC Brasil and Unicamp signed a partnership to develop new methodologies for monitoring operational risks using artificial intelligence. The solution will be based on Shape Reef, a tool for operational process safety designed by Shape Digital…
The United States has everything it needs to lead in offshore carbon capture and storage (CCS), except the rules to make it happen.Nearly four years ago, Congress gave the Department of the Interior authority to oversee offshore carbon sequestration…
A South African court has rescinded an environmental authorisation granted to TotalEnergies and its joint venture partner Shell to explore for oil in a block off the Cape coast, a court judgment seen by Reuters showed.However, the court said…
The First Steel Cutting ceremony took place at Saipem’s Karimun fabrication yard, marking the official start of construction activities for the Tangguh UCC project, awarded by bp Indonesia.The event was attended by representatives of the client…
Saipem, through its subsidiary PT Saipem Indonesia, in its role as leader of the consortium which also includes PT Tripatra Engineers & Constructors, PT Tripatra Engineering, and PT McDermott Indonesia, has received formal notification of the…
Shares in Orsted plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help fund a U.S. project, after potential partners were put off by U.S. President Donald Trump's hostility to wind power.The 60 billion crowns ($9…
Expro delivered what is said to be the world’s first fully remote five-plug cementing operation in the Kingdom of Saudi Arabia.The milestone operation, executed using Expro’s Generation-X Remote Plug Launcher (RPL) and proprietary SkyHook cement-line make-up device…
Vantage Drilling International completed the sale of the Tungsten Explorer to TEVA Ship Charter LLC, the joint venture entity owned 25% by the Ccompany and 75% by TotalEnergies. In line with previous announcements Vantage will continue to manage…