Exxon Mobil, Brazilian state-run Petrobras and oil services provider TechnipFMC petitioned the country's antitrust regulator Cade to intervene in a merger between energy contractors Subsea7 and Saipem, public documents seen by Reuters show.In filings submitted on Thursday…
Global technology company SLB has signed a definitive agreement to acquire RESMAN Energy Technology, a specialist in wireless reservoir surveillance solutions.The acquisition enhances SLB’s portfolio with world-class production and reservoir tracer technologies…
Seatrium has divested its AmFELS Yard located at Brownsville in Texas, in the United States, for a consideration of $50.7 million (S$65 million).The accretive divestment will allow Seatrium to enhance capital and operational efficiencies, while unlocking value from one of its surplus facilities…
Norway’s offshore industry safety watchdog Norwegian Ocean Industry Authority (Havtil) has given Equinor consent to use the Deepsea Bollsta semi-submersible rig for operations in the North Sea.The rig will be used for plugging, drilling and completion of wells on the Visund Sør field…
Maritime Developments (MDL) has secured a subsea installation project in the Asia-Pacific region, covering the lay of two cables and two umbilicals.The work will be done in water depths between 800 and 1,200 meters.For the 60-day campaign, scheduled to mobilize from Singapore in 2026…
Equinor has started production from the Askeladd Vest subsea field in the Barents Sea, contributing to continued high and long-term production of liquefied natural gas (LNG) from the processing plant at Melkøya.Askeladd Vest consists of two…
Norway's combined oil and gas production exceeded an official forecast by 2.6% in August, the Norwegian Offshore Directorate (NOD) said on Tuesday.Norway is Europe's largest supplier of natural gas and a major producer of oil. Output varies…
ExxonMobil has made a final investment decision for the Hammerhead development offshore Guyana, after receiving the required regulatory approvals. Hammerhead, the seventh project on the Stabroek block, is anticipated to come online in 2029.The…
Chevron, the world’s third-largest oil company, and investment fund Westlawn have joined Anadarko Petroleum in a consortium to explore offshore oil and gas blocks in Peru, in a move officials said could boost energy security and attract further global investment…
Provider of services to the global energy industry Petrofac has extended its work in the U.K.’s North Sea with a two-year contract renewal from Ithaca Energy, valued at $50 million.Under the integrated services contract, Petrofac, who has supported Ithaca Energy since 2011…
Shearwater Geoservices has secured a seven-month streamer contract by Oil India, starting in the fourth quarter of 2025.The combined 3D and 2D seismic survey will employ two vessels from the Shearwater fleet.The project covers the Mahanadi and…
U.S. oil major Chevron is in early-stage talks to explore opportunities in European regasification terminals, as part of its strategy to expand its global presence in the liquefied natural gas market, a senior executive told Reuters.The U.S…
Dutch geological data specialist Fugro scrapped its annual outlook on Monday and announced further job cuts, citing an impact from project delays, sending its shares lower.Shares in Fugro were down around 11% to their lowest since March 2022 at 0705 GMT…
BW Offshore’s BW Opal FPSO has achieved First Gas on September 20, after successfully reaching Ready for Start-Up (RFSU) for the Santos operated Barossa LNG project on September 16, initiating 60% of the contractual dayrate under the charter…
Malaysian independent oil and gas exploration firm Hibiscus Petroleum has spudded a new well at the Teal West field in the North Sea, off the coast of the United Kingdom.The drilling operations is being done with Shelf Drilling’s Shelf Drilling Fortress jack-up rig…