Oil And Gas News


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

Feb 13, 2026

Island Offshore’s new hybrid Ocean Energy Construction Vessel (OECV) has been launched to the water at Vard Shipyards Romania in Brăila.The 120-meter vessel, labeled NB 977, is designed to support offshore operations with reduced environmental impact…

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

Feb 13, 2026

Jumbo Offshore has completed mooring pre-installation activities for the Errea Wittu floating production, storage and offloading (FPSO) unit at ExxonMobil Guyana’s Uaru Field in the Stabroek Block offshore Guyana.The work, carried out on behalf of MODEC…

Petronas Takes Operatorship of Oman’s Offshore Block 18

Feb 13, 2026

Petronas has signed a concession agreement with the Government of the Sultanate of Oman and OQ Exploration and Production Batinah Offshore (OQEP) for exploration activities in offshore Block 18, expanding its international upstream portfolio…

ConocoPhillips Submits $2B Greater Ekofisk Gas Redevelopment Plans

Feb 13, 2026

ConocoPhillips Skandinavia and its partners have submitted two Plans for Development and Operation (PDOs) to Norway’s Ministry of Energy for a combined redevelopment of the Albuskjell, Vest Ekofisk and Tommeliten Gamma fields in the Greater Ekofisk Area of the North Sea…

Digital Threatscape is Rapidly Evolving for Global Energy Systems

Feb 12, 2026

Recent discussions with industrial teams have underscored how rapidly the digital “threatscape” is evolving across global energy systems, from oil and gas to chemicals, specialty gases, power generation, and transmission and distribution networks…

Mubadala Hires SLB for Deepwater Drilling Services Offshore Indonesia

Feb 12, 2026

SLB has secured multiple offshore drilling services contracts by Mubadala Energy for the Tangkulo natural gas deepwater development and associated exploration and appraisal activities in the Andaman Sea offshore Indonesia.The contracts cover…

BW Offshore, McDermott Unveil Blue Ammonia FPSO Concept (Video)

Feb 12, 2026

BW Offshore has unveiled a floating blue ammonia FPSO concept developed in collaboration with McDermott International, combining offshore production, carbon capture and direct export to convert surplus natural gas into lower-carbon fuel.The floating production…

Petrobras’ P-79 FPSO Arrives to Brazil to Support Búzios Growth Plan

Feb 12, 2026

Petrobras has welcomed its P-79 floating production, storage and offloading (FPSO) unit to the Búzios field in Brazil’s Santos Basin pre-salt, in line with the planned schedule.The unit, capable of producing 180,000 barrels of oil per day and compressing 7…

North Sea Wildcat Well Fails to Deliver for Vår Energi

Feb 12, 2026

Norwegian oil and gas firm Vår Energi and its partner Kistos Energy have drilled a dry well in the Balder area in the North Sea.The well 25/8-C-23 D, dubbed Prince Updip, was drilled in production license 027, from the Ringhorne platform, just over 200 kilometers west of Stavanger…

TotalEnergies Asks EU to Clarify Russian LNG Ban

Feb 12, 2026

TotalEnergies is asking the French government and EU Commission to clarify an EU ban on Russian liquefied natural gas (LNG) imports, CEO Patrick Pouyanne said on Wednesday.'It appears a European company cannot market Russian LNG, which we did not initially anticipate…

Norway Oil and Gas Investment Expected to Drop in 2026

Feb 12, 2026

Norwegian oil and gas investments are expected to decline this year and next as many field developments are completed while fewer new projects begin, a quarterly survey of the industry showed on Thursday.Norway produces about 2% of global oil and meets about 30% of Europe's gas needs…

TGS Embarks on Multi-Client 2D Survey off Angola

Feb 11, 2026

Energy data and intelligence TGS has started the Ultra Profundo multi-client 2D survey offshore Angola.The survey covers approximately 12,600 line kilometers, with Ramform Victory having already started operations earlier in 2026.Data acquisition…

SIT, Seatrium Launch Offshore and Marine Digital Learning Lab

Feb 11, 2026

The Singapore Institute of Technology (SIT) and offshore and marine engineering group Seatrium have launched an Offshore & Marine Digital Learning Lab at SIT’s Punggol Campus, aimed at accelerating maritime digitalization and supporting the energy transition…

Elemental Energies Expands Subsurface Expertise with APT Buy

Feb 11, 2026

Elemental Energies has acquired Norway-based geoscience specialist Applied Petroleum Technology (APT), expanding its subsurface and geochemistry capabilities as operators seek deeper technical insight across the well lifecycle.APT provides petroleum geochemistry…

Transocean Secures $184M for Drilling Rigs Operating off Norway

Feb 11, 2026

Offshore drilling contractor Transocean has secured contract awards and extensions totaling approximately $184 million for two of its harsh-environment semisubmersible rigs operating in Norway.The company said the fixtures represent about $184 million in firm contract backlog…

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