Oil And Gas News


Seadrill Adopts igus’ Modular Energy Chains to Cut Offshore Downtime and Costs

Oct 16, 2025

The igus e-loop replaced traditional service loops being installed on Seadrill’s West Polaris drillship (Credit: Supplied by igus)A modular cable management system, designed by German-based supplier igus, has been implemented by offshore driller Seadrill to reduce downtime…

Petrobras Picks Halliburton for Deepwater Completions Job off Brazil

Oct 16, 2025

U.S. oilfield services provider Halliburton has secured multiple contracts from Petrobras to provide completion and stimulation services for its deepwater fields offshore Brazil.The contracts entail vessel stimulation, intelligent completions…

Equinor Starts Production at Bacalhau Field Offshore Brazil

Oct 16, 2025

Equinor and its partners has started production from the large Bacalhau field in Brazil, whose recoverable reserves exceed 1 billion barrels of oil equivalent (boe).Bacalhau is located in the pre-salt region of Brazil's Santos Basin in ultra-deep water of over 2…

Aker BP’s Yggdrasil, Valhall-Fenris Costs Surge

Oct 16, 2025

The cost of Aker BP's major ongoing oil and gas development projects, Yggdrasil and Valhall-Fenris, has risen by 32% and 25% respectively from nominal estimates a year ago, Norway's budget proposal showed on Wednesday.The Yggdrasil project,…

Offshore Drilling Gains Momentum in US as Onshore Fades

Oct 16, 2025

Rigs drilling beneath the deep waters of the Gulf of Mexico will drive U.S. oil industry growth this year and next as onshore production slows due to lower prices and maturing shale fields, and analysts and consultants expect the trend to continue…

Santos Trims 2025 Output Target as BW Opal FPSO Faces Technical Issues

Oct 16, 2025

Australia's Santos narrowed its annual output forecast for a second time this year on Thursday after a technical issue delayed the ramp-up of its key Barossa oil and gas project and inclement weather hampered recovery at its Cooper Basin project…

Saipem Wins Three Offshore Azerbaijan Contracts

Oct 15, 2025

Saipem, in consortium with BOS Shelf LLC and BOS Shelf International FZCO, (both companies being affiliates to the State Oil Company of the Azerbaijan Republic, SOCAR) has been awarded three new offshore contracts for the Shah Deniz Compression project operated by bp in Azerbaijan…

Azule Energy Spuds First Well at Angola’s Offshore Gas Field

Oct 15, 2025

Azule Energy, a joint venture between BP and Eni, has spudded the first well at Angola’s inaugural non-associated offshore gas development.The spudding of the QUI-Q-GP01 well was done with Valaris’ jack-up drilling rig Valaris V-144, marking the first well of the New Gas Consortium (NGC) project…

Kombi-II MOPU Sets Sail for Congo After Conversion Job in Netherlands

Oct 15, 2025

Kombi-II mobile offshore production unit (MOPU), converted from a jack-up drilling rig by Dixstone, has started its journey to Congo for deployment at Perenco-operated Kombi-Likalala-Libondo II (KLL II) permit.Dixstone, a sister company of oil and gas firm Perenco…

ABL Secures Rig Moving Assignment with India's ONGC

Oct 15, 2025

ABL has been appointed through United India Insurance (UIIC) to oversee India’s Oil and Natural Gas Corporation (ONGC) rig moves between September 2025 and May 2026.Under the contract, ABL will act as marine warranty surveyor for an anticipated 25 ONGC rig moves…

DeepOcean Charters Glomar Vessel to Expand O&G, Offshore Wind Services

Oct 15, 2025

Ocean services provider DeepOcean has expanded its service offering to the offshore renewables and oil and gas industries by entering into a time charter agreement for the multipurpose support vessel Glomar Supporter.Chartered from Glomar Offshore…

Energean Restarts Production at Rospo Mare Field in Adriatic Sea

Oct 15, 2025

Energean Italy, a subsidiary of London-based Energean, has restarted production at the Rospo Mare field in the Adriatic Sea.The Rospo Mare field, which was shut down since January 2025, has restarted production on October 12, 2025, with full…

Pakistan, Türkiye Deepen Oil and Gas Ties with Offshore Indus-C Block Deal

Oct 15, 2025

Pakistan’s state-owned Oil and Gas Development Company (OGDCL) has agreed to acquire a 20% interest in the Eastern Offshore Indus-C Block, joining forces with Pakistan Petroleum Limited (PPL), Turkish Petroleum Overseas Company (TPOC), part of Türkiye’s TPAO…

Survitec Launches Next-Gen Foam System for More Effective Fire Protection

Oct 14, 2025

Survival technology specialist Survitec has launched its next-generation high-expansion foam fire suppression system, designed to deliver higher foam output at lower operating pressures while reducing both installation and through-life costs for shipyards and shipowners…

Egypt Plans to Drill 480 Exploratory Oil Wells with $5.7B investment

Oct 14, 2025

Egypt has a plan for the drilling of 480 exploratory oil wells on the basis of investments totaling $5.7 billion over the next 5 years, the country's petroleum minister said on Tuesday, as the country seeks to reverse declining production.The…

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