Maritime Developments (MDL) has completed a subsea umbilical replacement and flowline installation campaign for Oceaneering International offshore Egypt, aimed at restoring production capacity at two Mediterranean fields.The work involved replacing a damaged production umbilical…
Wood Group offshore workers have started a fresh 48-hour strike affecting five Harbour Energy-operated platforms, with further industrial action planned later in November amid a dispute over pay and working conditions.The latest stoppage began on November 3 and is scheduled to end on November 4…
Saudi state oil giant Aramco is working to expand a crude pipeline that circumvents the Strait of Hormuz as the world continues to experience the biggest energy supply shock in history, CEO Amin Nasser said on Tuesday.The effective blockade of the chokepoint that links the Gulf to world markets…
Hornbeck Offshore Services has signed multiple agreements with Shell to provide deepwater well intervention and marine support services in the U.S. Gulf of America, with operations scheduled to begin in 2027.The agreements cover riser-based well intervention…
Offshore well decommissioning specialist Well-Safe Solutions has completed a plug and abandonment (P&A) campaign involving three subsea wells using its Well-Safe Defender semi-submersible rig, with operations carried out West of Shetland and in the northern North Sea…
Vår Energi and its partners have drilled a dry exploration well at the Jotun Deep prospect in the North Sea offshore Norway.Wildcat well 25/8-24 S was drilled in production license 1203, approximately 20 kilometers northwest of the Ringhorne installation and 190 kilometers west of Stavanger…
TotalEnergies has signed an agreement to sell a 40% participating interest in Nigeria's OPL257 offshore block to South Atlantic Petroleum (SAPETRO), ahead of an appraisal campaign targeting the potential development of the Egina South oil discovery…
ADES Holding has secured a one-year contract extension for the Shelf Drilling Tenacious jack-up rig offshore Angola and a new drilling contract for the Shelf Drilling Perseverance in Indonesia, adding to its offshore drilling backlog across Africa and Southeast Asia…
TotalEnergies and ADNOC Gas have signed a five-year agreement under which ADNOC Gas will supply up to 1.6 million tonnes of liquefied natural gas (LNG) to TotalEnergies, with the first deliveries expected in 2026.The agreement, announced on November 3…
Shell has agreed to sell its 16.67% non-operated interest in Australia's North West Shelf (NWS) LNG project to subsidiaries of XRG for a base consideration of $1.45 billion.The deal covers Shell's interest in the North West Shelf project in Western Australia…
Saudi state oil company Aramco reported on Tuesday a 34.5% increase in third-quarter net profit despite attacks on its facilities, mainly due to higher revenue and its exit from a joint venture.The world's top oil exporter reported a net profit of $36…
Searah, the joint venture between Eni and Petronas, has started gas production from the Maha field offshore Indonesia, with output expected to ramp up to 230 million standard cubic feet per day (MMSCFD).Located in the West Ganal block in the Kutei Basin…
Kistos has signed a binding agreement with Petrogas North Sea to acquire a 30% non-operated interest in the Abbey and Baker gas fields in the UK Southern North Sea, targeting first gas production in 2029.The agreement, signed through Kistos Energy…
Aker BP and its partner Equinor have drilled a dry appraisal well at the Freke oil and gas discovery in the North Sea offshore Norway, failing to prove additional hydrocarbon volumes.The appraisal well, 15/6-18 S, was drilled in production license 1139…
Oil fell nearly 4% on Monday as talks between Iranian and Qatari officials on a deal to end the US-Israeli war on Iran raised hopes that Middle East supply disruptions could ease.Iranian negotiators left Doha talks on Sunday, but not due to difficulties in negotiations…