Oil And Gas News


Eni Signs New Exploration License for Block Offshore Ivory Coast

Oct 01, 2025

Eni and the Ivorian Ministry of Mines, Petroleum and Energy have signed the exploration contract for the CI-707 offshore block in Ivory Coast.The license covers an area of approximately 2,926 square kilometers in the Ivorian sedimentary basin…

Vallourec Bags Another OCTG Order from Petrobras

Oct 01, 2025

French tubular solutions supplier Vallourec has secured a new order from Petrobras for its Submagnético Free Flow oil country tubular goods (OCTG) solution designed to prevent inorganic scaling in production strings.The order covers the production and installation of more than 30 units…

Guyana’s First: Saipem Builds Complex Subsea Structure for ExxonMobil’s Uaru Field

Oct 01, 2025

Saipem has completed the first complex subsea structure ever built in Guyana, set for deployment at ExxonMobil’s Uaru field, marking a key milestone in the development of the country's industrial capabilities in the subsea sector.This is the Pipeline End Termination (PLET)…

TotalEnergies Sells Stakes in Three Mature Norwegian Fields to Vår Energi and Orlen

Oct 01, 2025

TotalEnergies EP Norge has signed an agreement for the divestment of its non-operated interest (39.89%) in the West Ekofisk and Albuskjell fields to Vår Energi and has also concluded an agreement with Orlen Upstream Norway for the divestment of its non-operated interest (20…

MidOcean Buys Into Shell-Led LNG Canada Project

Oct 01, 2025

Liquefied natural gas company MidOcean, backed by EIG and Saudi Aramco, has agreed to buy a fifth of the Petronas venture that holds a 25% stake in Shell-led LNG Canada, MidOcean said on Tuesday.The deal also includes a fifth of Malaysian state…

Diver Linked to Nord Stream Explosions Detained in Poland

Sep 30, 2025

Volodymyr Z., a Ukrainian diver wanted by Germany over his alleged involvement in the Nord Stream explosions, has been detained in Poland, prosecutors and his lawyer said on Tuesday.Described by both Moscow and the West as an act of sabotage…

ExxonMobil to Axe 2,000 Jobs Globally

Sep 30, 2025

Exxon Mobil will lay off 2,000 workers globally as part of a long-term restructuring plan, the U.S. energy major told Reuters in an emailed statement, adding to a wave of job cuts in the oil and gas industry this year.The layoffs represent about…

BP Hires Decommissioning Crew for North Sea Field

Sep 30, 2025

A new joint venture (JV) between THREE60 Energy and AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has been awarded a multi-million-dollar contract by BP to provide integrated decommissioning services for its Andrew field in the North Sea…

Serica Energy Bolsters North Sea Portfolio with Prax Upstream Buy

Sep 30, 2025

Serica Energy has agreed to acquire Prax Upstream, expanding its portfolio of U.K. North Sea oil and gas assets and boosting its reserves, resources and production base.Serica Energy signed a sale and purchase agreement to acquire 100% of the…

DeepOcean Gets Offshore Installation Job at Equinor’s Norwegian Fields

Sep 30, 2025

Ocean services provider DeepOcean has been awarded a SIMOPRO – simultaneous marine operation and production – installation contract by Equinor on the Norwegian continental shelf.DeepOcean’s scope of work entails SIMOPRO installation work on both the Åsgård and Visund fields…

MODEC Ramps Up Hammerhead FPSO Work After ExxonMobil's Go-Ahead

Sep 30, 2025

MODEC has been awarded the full engineering, procurement, construction, and installation (EPCI) scope to develop a floating production, storage and offloading (FPSO) vessel for the Hammerhead project in Guyana following a final investment decision (FID) by ExxonMobil…

Shell's Victory Gas Field in North Sea Comes On Stream

Sep 30, 2025

Shell has started production from the Victory gas field in the UK North Sea, located approximately 47 km north-west of the Shetland Islands.Shell is the full owner and operator of the field, whose peak production is estimated at around 150 million standard cubic feet per day of gas…

From Old Platform to New FPU: Salamanca Project Delivers First Oil in Gulf of America

Sep 29, 2025

The consortium of Repsol, LLOG Exploration Offshore, and O.G. Oil & Gas (OG) has achieved first oil at the deepwater Leon-Castile fields, forming Salamanca development project, through a refurbished floating production unit (FPU), offshore Louisiana…

Scotland Opens $13M Energy Transition Skills Hub in Aberdeen

Sep 29, 2025

Scotland’s largest Energy Transition Skills Hub, a $13.3 million facility featuring a welding academy, advanced manufacturing zone and digital training suites, was officially opened in Aberdeen on Monday by First Minister John Swinney.The Hub…

Boskalis’ Blue Marlin Transporting ‘Colossal’ FPU for Congo LNG Project

Sep 29, 2025

Dutch offshore services provider Boskalis has engaged its heavy transport vessel Blue Marlin to move a recently converted floating production unit (FPU) to Angola, ahead of its deployment at Congo’s first natural gas liquefaction project.The cargo…

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