Petroleum Safety Authority News


ABS Approves FPSO Remote Control Functions from Hanwha Ocean

Dec 02, 2025

ABS issued approval in principle (AIP) to Hanwha Ocean Co. Ltd. for remote control functions for FPSO units.ABS completed design reviews based on the ABS Requirements for Autonomous and Remote-Control Functions.The project is part of the Offshore…

ABL, PMS Set Up Rig Moving Partnership for Red Sea and Gulf of Suez

Dec 02, 2025

Global energy and marine consultancy ABL has partnered up with Egypt’s Petroleum Marine Services (PMS) to introduce a unified rig moving service in the Red Sea and Gulf of Suez, with the support of the Egyptian General Petroleum Corporation (EGPC)…

Strategic Marine ​​​​​Hands Over Two Crew Boats to NMDC LTS

Dec 01, 2025

Strategic Marine has delivered two 42-metre next-generation fast crew boats to NMDC LTS, marking the company’s first vessel delivery to the Middle East offshore services provider.The Generation 4 aluminium vessels were developed in partnership…

TotalEnergies Inks Farm-Out Deal with Chevron for Two Blocks Offshore Nigeria

Dec 01, 2025

TotalEnergies EP Nigeria has signed a farmout agreement to sell to Star Deep Water Petroleum, a Chevron company, a 40% participation in the PPL 2000 and PPL 2001 exploration licenses, offshore Nigeria.Located in the prolific West Delta basin…

ADES Nets $63M Contract for Compact Driller Jack-Up off Brunei

Dec 01, 2025

ADES Holding has secured a two-year contract through its subsidiary Shelf Drilling for the Compact Driller standard jack-up with Brunei Shell Petroleum, a joint venture between the Brunei government and Shell.The Compact Driller deal mars ADES…

UK Court Dismisses Oil License Challenge

Dec 01, 2025

Britain's decision to issue more than two dozen oil and gas exploration licences was lawful, London's High Court ruled on Friday, dismissing a challenge by campaigners who said the government failed to consider the impact on climate change.Marine…

Aker Solutions Awarded Eldfisk Contract Extension

Nov 30, 2025

Aker Solutions has signed a six-year contract extension with ConocoPhillips Skandinavia for brownfield maintenance and modification (M&M) services on the Eldfisk and Ekofisk fields offshore Norway.The new contract period starts in January 2027…

Eni, YPF Join Forces for Oil and Gas Exploration Offshore Uruguay

Nov 26, 2025

Italy’s Eni has signed an agreement with Argentina’s YPF to acquire a 50% share and operatorship in the exploration Block OFF-5 in Uruguay’s offshore.Block OFF-5 covers an area of 16,883 km2 in water depths ranging from 800 m to 4,100 m, at 200 km from the coast…

TotalEnergies Exits Nigeria's Deepwater Field as Eni and Shell Boost Stakes

Nov 25, 2025

TotalEnergies has completed the divestment of its non-operated interest in the Bonga deepwater field offshore Nigeria, selling its share to Shell Nigeria Exploration and Production Company (SNEPCo) and Eni.SNEPCo, a subsidiary of Shell, completed…

Greater Sunrise Moves to Next Phase with Timor-Leste, Woodside Deal

Nov 25, 2025

Timor-Leste’s Ministry of Petroleum and Mineral Resources and Woodside Energy have signed a cooperation agreement to advance studies for a Timor-based liquefied natural gas (LNG) development concept for the long-stalled Greater Sunrise fields…

Drydocks World Converts Tanker to FPSO Ahead of Deployment off Nigeria

Nov 25, 2025

Drydocks World has completed the full conversion and integration of the EMEM Floating production storage and offloading (FPSO) unit, delivering a key offshore asset to support production at Nigeria’s Okwok field.The FPSO, converted from double-hulled tanker…

Suriname Puts 60% of Offshore Acreage Up for Oil and Gas Exploration

Nov 24, 2025

Suriname’s state-run energy company Staatsolie has launched the ‘Open-Door Offering’, an initiative aimed at unlocking new oil and gas exploration opportunities in the Guiana Basin.Approximately 60% of Suriname’s offshore acreage is available…

UK Regulator Grants Multi-Year Extension for Pilot Oil Field License

Nov 24, 2025

The UK North Sea Transition Authority (NSTA) has approved a three-year extension to the second term of License P2244, which contains the Pilot oil field, pushing the expiry date to December 2028.Orcadian Energy holds an 18.75% carried interest in the license…

ABS Grants AiP to Encomara for Squid System for Floating Offshore Wind Projects

Nov 21, 2025

ABS issued an approval in principle (AIP) to Encomara for its Squid system, an approach that adapts proven disconnectable mooring technology to support floating offshore wind developments.The Squid system builds upon the established Disconnectable…

Libya Targets Output Boost as Oil Bid Round Enters Final Phase

Nov 21, 2025

Libya's National Oil Corporation said it is approaching the final stage of a public exploration bid round, with companies expected to submit offers and open bids in February 2026, according to a statement on Thursday.The bid round, the first in over 17 years…

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