Offshore Regions News - page 94


Eco Atlantic Moves Forward with Orange Basin Offshore Block Plans

May 06, 2025

Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has moved forward in the process of formalizing the operatorship of the recently acquired block offshore South Africa.As announced in 2024, Eco has, through its wholly owned subsidiary Azinam South Africa…

Democratic-Led Coalition Sues Trump for Halting Offshore Wind Projects

May 06, 2025

A coalition of Democratic state attorneys general sued on Monday in a bid to block President Donald Trump's move to suspend leasing and permitting of new wind projects, saying it threatens to cripple the wind industry and a key source of clean energy…

Sentinel Subsea Completes Well Monitoring Job in North Sea

May 06, 2025

Sentinel Subsea has completed the project for North Sea oil and gas operator, which involved the deployment of two WellSentinel Coral systems for well integrity monitoring operation.The project supported a large-scale drilling operation, with…

ONGC Buys Viridien’s Sercel Offshore Logistics Solution

May 06, 2025

French seismic company Viridien has sold its Sercel Marlin Offshore Logistics management solution to Oil and Natural Gas Corporation (ONGC) to enhance operational efficiency and safety across its Western offshore exploration and production (E&P) operations in India…

Solstad’s AHTS Vessel Set for Petrobras Job

May 06, 2025

Norwegian offshore vessel owner Solstad Offshore has secured a contract with Petrobras for its anchor handling tug supply (AHTS) vessel Normand Turquesa.The four-year contract, subject to board approval, is scheduled to begin in February 2026…

Vestas Records First Quarter Profit Despite Predictions

May 06, 2025

Wind turbine maker Vestas on Tuesday reported an unexpected operating profit for the first quarter, contrary to analysts' predictions of a loss, and kept its outlook for the year unchanged despite geopolitical uncertainty.The Danish company…

Valaris Lines Up Five-Well Drilling Job off West Africa for High-Spec Drillship

May 05, 2025

Offshore drilling contractor Valaris has secured a $135 million contract for its Valaris DS-15 drillship, which will be put to work offshore West Africa.The five-well contract with an undisclosed client is expected to start in the third quarter 2026…

Shell-Reliance-ONGC JV Complete India’s First Offshore Decom Project

May 05, 2025

The Panna-Mukta and Tapti (PMT) joint venture partners, consisting of Shell (through BGEPIL), Reliance Industries (RIL), and Oil and Natural Gas Corporation Limited (ONGC), have completed India's first offshore facilities decommissioning project…

ADNOC Drilling Nets $806M for Three New Island Rigs for Zakum Offshore Field

May 05, 2025

ADNOC Drilling has been awarded a contract for three island rigs by ADNOC Offshore, valued approximately $806 million, to support expanding operations at the offshore Zakum development project.The three rigs are in addition to three ordered in July 2024…

Pemex Hires Back Former Head of Exploration and Production

May 05, 2025

The former head of Mexican state oil firm Pemex's exploration and production arm has returned to his post after the surprise departure of the previous chief this week, three sources told Reuters on Friday.Petroleum engineer Angel Cid Munguia…

Greensand’s CO2 Transit Terminal at Port Esbjerg Starts Taking Shape

May 05, 2025

The construction of CO2 transit terminal at Port Esbjerg in Denmark has officially started marking another milestone in the development of Greensand carbon capture and storage (CCS) project.The terminal will feature six large holding tanks, each capable of storing approximately 1…

Van Oord Starts Construction Works at RWE’s German Offshore Wind Farm

May 05, 2025

Dutch offshore installation firm Van Oord has started scour protection works at RWE Nordseecluster offshore wind farm, kicking off the offshore construction for the first phase of the 1.6GW project.The scour protection provides full protection…

Dong Fang Offshore Orders Another CSOV from Vard

May 05, 2025

Vard has secured a new contract with Taiwanese-based Dong Fang Offshore (DFO) for the design and construction of one Commissioning Service Operation Vessel (CSOV), a sister vessel to the two CSOVs ordered in May 2024.After sealing the contract for two CSOVs in May 2024…

Petrobras Hires Subsea7 for Buzios Field Offshore Work in $1.2B Deal

May 05, 2025

Subsea7 has secured a super-major contract by Petrobras, after winning a competitive tender, for the development of the Búzios 11 deepwater field, offshore Brazil.The field is located approximately 180 kilometers off the coast of the state of Rio de Janeiro…

BW Energy Takes FID for Maromba Field Offshore Brazil

May 05, 2025

BW Energy has made a final investment decision (FID) for the Maromba development offshore Brazil, which will feature an integrated drilling and wellhead platform (WHP) and a refurbished floating production, storage and offloading (FPSO) unit…

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