U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil firm Staatsolie said on Tuesday, adding the block would now return to Staatsolie.'Hess has fulfilled its minimum work…
Subsea Integration Alliance (SIA) partners Subsea7 and SLB OneSubsea have signed a contract with Equinor for the development of a concept study for the Phase 2 of the Bacalhau project, offshore Brazil.The contract, for which the details have not been disclosed…
Woodside Energy has signed a non-binding memorandum of understanding (MoU) with Hyundai Engineering and Hyundai Glovis, establishing a strategic framework to collaborate on liquefied natural gas (LNG) project development, engineering services and shipping logistics…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for two wildcat wells in the North Sea, to be conducted with COSL’s COSLInnovator semi-submersible drilling rig.The drilling permit is for wellbores 34/8-20 S and 34/8-20 A in the license 554 E…
Aker Solutions has secured a contract by Equinor to prepare the topside of Troll C to receive and process the production from the Fram Sør subsea tie-in project in the North Sea.Fram Sør will be developed as a subsea tie-in to Troll C and will…
Offshore drilling contractor Northern Ocean has signed a contract with a subsidiary of Rhino Resources for the DeepSea Mira semi-submersible drilling rig, which has been hired for operations off Namibia, starting mid-July 2025.The contract includes one firm well for Rhino…
Vår Energi has entered into a collaboration agreement with TechnipFMC Norge for delivery of subsea projects utilizing its integrated model to fast-track future developments in the Gjøa area in the North Sea.Vår Energi has entered into the collaboration…
Canada-based oil and gas company Valeura Energy has advanced its multi-well drilling campaign offshore Thaild, using Borr Drilling’s Mist jack-up rig.During the second quarter of 2025, Valeura mobilized Borr Drilling’s Mist jack-up drilling rig to Block G11/48…
JDR Cable Systems (JDR), part of the TFKable Group, has secured a contract from Larsen & Toubro (L&T), an Indian multinational engaged in EPC projects, to assist with offshore umbilical testing in the Middle East.The work will see JDR test 14…
BP has appointed Shell’s former chief financial officer (CFO) Simon Henry as its non-executive director.Effective September 1, 2025, Henry will join BP’s board. He is currently a non-executive director of Rio Tinto plc and Rio Tinto Limited…
Norwegian oil and gas company OKEA has spudded an exploration well at the Brage field in the North Sea, offshore Norway, as part of the three-well drilling campaign.The exploration well, to be drilled in the southern part of the Talisker discovery…
Offshore drilling contractor Shelf Drilling has secured a one-year extension with Eni for its Key Manhattan jack-up rig.The total added contract value is approximately $29 million, and the rig is now committed until November 2026.According to Shelf Drilling…
McDermott has been awarded a sizeable offshore transportation and installation contract by Brava Energia for the Papa-Terra field in the Campos Basin and the Atlanta field in Block BS-4 within the Santos Basin, both offshore Brazil.Under the contract scope…
Santos has signed a mid-term liquefied natural gas (LNG) supply contract with QatarEnergy Trading.The contract is to supply approximately 0.5 million tonnes of LNG per annum over a period of two years from 2026 with LNG being supplied from Santos’…
Subsea7 has secured a ‘sizeable’ contract offshore Egypt, worth up to $150 million.Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components for a tie back to existing infrastructures…