Oil And Gas News


BW Opal FPSO Arrives to Santos' Barossa Gas Field off Australia

Jun 19, 2025

BW Opal floating production, storage and offloading (FPSO) unit, operated by BW Offshore, has arrived at Santos’ Barossa gas field, marking a critical milestone on the path to first gas in the third quarter of 2025.Since its arrival, on June 15…

ANYbotics Launches Gas Leak Solution for Inspection Robot

Jun 18, 2025

AI-driven robotics company ANYbotics has launched a new Gas Leak and Presence Detection solution for its ANYmal robot.ANYmal's new solution integrates advanced, modular gas detectors with a 360° acoustic imaging payload to precisely pinpoint…

Prosafe Confirms $204M Deal with Petrobras for Safe Notos Flotel

Jun 18, 2025

Offshore accommodation firm Prosafe has confirmed the contract with Petrobras for its Safe Notos semi-submersible accomodation vessel, which will be put to work for safety and maintenance support offshore Brazil.Petrobras has ratified the result…

Decom Engineering Launches Ultra-Light Chopsaw for Subsea Ops

Jun 18, 2025

Northern Ireland-based subsea technology specialist Decom Engineering has developed and deployed a new ultra-light Chopsaw for subsea cutting operations.The C1-16UL Chopsaw represents the most significant advancement in Aberdeen-based Decom's Chopsaw range…

Vår Energi, Kistos Energy Greenlight Balder Phase VI Project in North Sea

Jun 18, 2025

Vår Energi and license partner Kistos Energy Norway have reached the final investment decision (FID) for the Balder Phase VI project in the Balder area, off Norway.The fast-track development will be a key contributor to sustaining long term…

Petrobras Acquires 13 Oil and Gas Blocks in Brazil’s Latest Bidding Round

Jun 18, 2025

Brazil’s state-run oil and gas firm Petrobras has acquired 10 blocks in the Foz do Amazonas Basin and three blocks in the Pelotas Basin in the fifth Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP)…

Galp Secures Three Exploration Blocks in Brazil

Jun 18, 2025

Portugal's Galp has been awarded three offshore blocks as part of Brazil’s fifth Open Permanent Concession bid round.Galp acquired offshore early-stage exploration blocks P-M-1670/1672/1741 in the Pelotas basin, in the southern region of the country…

Equinor Expands Santons Basin Exploration Scope

Jun 18, 2025

Equinor has secured a new exploration opportunity in Brazil, having won the license for S-M-1617 offshore block in Santos Basin during the country’s fifth Open Permanent Concession bid round.The S-M-1617 license in Brazil was secured by Equinor…

Subsea7 Nets ‘Substantial’ Contract off Norway

Jun 18, 2025

Subsea 7 today has secured a ‘substantial’ contract offshore Norway, worth between $150 million and $300 million.Subsea7’s scope includes engineering, procurement, construction and installation (EPCI) of pipeline bundles, spools, protection covers and tie-ins using key vessels from Subsea7’s fleet…

TotalEnergies Eyes Mozambique LNG Restart in Summer 2025

Jun 18, 2025

TotalEnergies expects its $20-billion Mozambique liquefied natural gas (LNG) project to resume development 'this summer', Chief Executive Patrick Pouyanne said on Wednesday.He was asked about the timing during a session at the Japan Energy Summit in Tokyo…

Karoon Energy Places Winning Bid for Six Blocks Offshore Brazil

Jun 18, 2025

Australian oil and gas company Karoon Energy has secured interest in six blocks in the Santos Basin, offshore Brazil, in the ANP fifth Permanent Offer Bid Round for Concession Contracts.Two of the blocks, S-M-974 and S-M-1038, are located approximately 17 kilometers from the Neon field…

Woodside Agrees Long-Term LNG Supply with Petronas Unit

Jun 18, 2025

Woodside Energy and Petronas, through its subsidiary Petronas LNG, have signed a non-binding heads of agreement (HoA) for the supply of 1 million tonnes per annum of LNG to Malaysia from 2028 for a period of 15 years.The LNG would be supplied…

MODEC and Terra Drone Renew FPSO Drone Inspection Partnership

Jun 17, 2025

MODEC has renewed its joint research and development (R&D) agreement with Terra Drone for the non-destructive internal inspection of crude oil storage tanks on floating production, storage, and offloading systems (FPSOs) using Terra UT drones…

Yinson Production Closes $1B Investment to Drive Further Growth

Jun 17, 2025

Malaysian FPSO leasing firm Yinson Production has closed of the previously announced $1 billion investment from a consortium of global investor to further drive its business growth.The funding was secured through a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA)…

ExxonMobil Hires EnerMech for Decom Job in Gulf of America

Jun 17, 2025

Energy industry services firm EnerMech has secured a contract by ExxonMobil to deliver a complete flowline decommissioning package for the Hoover Diana development in the Gulf of America.EnerMech’s scope includes decommissioning the subsea flowlines…

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