Oil And Gas News


Chevron Among Top Bidders at Gulf of Mexico Oil and Gas Auction

Dec 10, 2025

BP, Chevron and Shell were among the top bidders on Wednesday at the U.S. government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023.The auction, which ended with $279.4 million in high bids, was the first of 30 mandated by U…

Seatrium Gets Repeat Order from IMI for Arabia 4 Jack-up Rig

Dec 10, 2025

Seatrium Offshore Technology, the flagship offshore jack-up designer for Seatrium Group, has secured a repeat contract from International Maritime Industries (IMI) for the supply equipment and a design license for the Kingdom 4 self-elevating drilling unit…

Sea Lion Oil Project in Falkland Islands Gets Green Light

Dec 10, 2025

Rockhopper Exploration has taken a final investment decision (FID) on Phase 1 of the Sea Lion oil development north of the Falkland Islands, allowing the long-delayed project to proceed after securing financing commitments and regulatory approvals…

Bourbon Inks Multi-Year PSV Deal with ExxonMobil in Guyana

Dec 10, 2025

French offshore services provider Bourbon has signed a five-year contract, with extension options, with ExxonMobil Guyana (EMGL) to provide maritime services in Guyana.It will start in the first quarter of 2026, with the commissioning of the…

Viridien Set for Seismic Reimaging of Block 22 Offshore Angola

Dec 10, 2025

Viridien has announced a new multi-client seismic reimaging program over Angola’s highly prospective offshore block 22 to support the country’s upcoming licensing round.The 4,300 sq km high-end data set will bring valuable insight into underexplored structures along the Atlantic Hinge zone…

McDermott Nets Petronas Contract for Gas Project Offshore Brunei

Dec 10, 2025

McDermott has secured a subsea contract from Petronas Carigali Brunei for engineering, procurement, construction, installation and commissioning (EPCIC) of a natural gas development project offshore Brunei.The award follows McDermott's completion of front-end engineering design (FEED)…

Two Shell’s Gulf of Mexico Offshore Platforms Temporarily Shut Down

Dec 10, 2025

Oil major Shell said output at two of its offshore platforms in the U.S. Gulf of Mexico has been temporarily shut due to a shutdown of the Hoover Offshore Oil Pipeline System (HOOPS).The top producer in the U.S. Gulf said it expects its Whale and Perdido platforms…

Trinidad Seeks Field Plan for Shell’s Aphrodite Gas Project Ahead of Approval

Dec 10, 2025

Trinidad and Tobago's government is waiting for a development plan from energy producer Shell to push forward the Aphrodite offshore gas project, documents seen by Reuters showed.Shell said in June that it had made a positive final investment decision on the discovery…

VAALCO Energy Spuds First Well in New Drilling Campaign off Gabon

Dec 09, 2025

Africa-focused oil and gas company VAALCO Energy has started its phase three drilling program offshore Gabon with the spudding of the ET-15 infill well on the Etame platform.As previously announced, the company secured a drilling rig in December…

EnerMech Gets Onboard Woodside’s Pluto Train 2 LNG Project

Dec 09, 2025

EnerMech has secured a contract from Bechtel to deliver chemical cleaning services for Woodside Energy’s Pluto Train 2 LNG project in Western Australia, the company said.Bechtel is responsible for engineering and construction of the expansion…

Equinor Secures Permit for North Sea Drilling Operation

Dec 09, 2025

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 35/11-32 S in production license 090 HS, operated by Equinor with 60% working interest.The other partners in license are Inpex Idemitsu Norge and Vår Energi…

Shell to Take Majority Stake in Orange Basin Block with PetroSA-Backed Deal

Dec 09, 2025

South Africa's legacy national oil company, PetroSA, has approved a deal to give Shell Offshore a 60% stake in its Block 2C, off the country's west coast, a document seen by Reuters showed on Monday.If successfully concluded, the agreement will strengthen oil major Shell's SHEL…

Dixstone Selects IFS Cloud to Modernize Global Offshore Ops

Dec 09, 2025

IFS, a provider of industrial AI software, has been selected by offshore service provider Dixstone to provide it with IFS Cloud to unify and modernize its operations across 10 countries and more than 2,200 personnel as part of a wider digital transformation strategy aimed at improving safety…

TechnipFMC Gets Ithaca Energy’s Job at Captain Field off UK

Dec 09, 2025

TechnipFMC has been awarded a significant contract by Ithaca Energy to deliver flexible risers, flowlines and associated subsea hardware for the Captain field development in the UK North Sea, the company said on Monday.The contract, classified…

Eni Makes Significant Gas Discovery Offshore Indonesia

Dec 09, 2025

Eni has made a significant gas discovery in the Konta-1 exploration well, drilled in the Muara Bakau production sharing contract (PSC), in the Kutei Basin, offshore Indonesia.Estimates indicate 600 billion cubic feet (Bcf) of gas initially in…

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