Total News


TotalEnergies Starts Up Two Subsea Tie-Back Projects in Angola

Jul 23, 2025

TotalEnergies has started production from the BEGONIA and CLOV Phase 3 projects, adding a total of 60,000 barrels per day of production offshore Angola.The start of production from the BEGONIA and CLOV Phase 3 offshore projects leverages ullage in the PAZFLOR and CLOV floating production…

CorPower Ocean Bags $47M EU Grant for 10MW Wave Energy Project

Jul 23, 2025

CorPower Ocean has secured a grant from the EU Innovation Fund to support the development of VianaWave, a pre-commercial 10MW wave energy farm to be deployed off the coast of northern Portugal.The grant, in the amount of $46.8 million (€40 million)…

Equinor Takes $955M Impairment Hit on US Offshore Wind Farm

Jul 23, 2025

Norway's Equinor said on Wednesday it booked a $955 million impairment on an offshore wind project in the United States, despite the lifting of an earlier ban on its construction by President Donald Trump's administration.In April, Interior…

OMV Petrom, NewMed Energy Hire Noble Drillship for Black Sea Ops

Jul 22, 2025

OMV Petrom and NewMed Energy, the partners in Han Asparuh block in the Black Sea, have hired Noble Corporation’s Globetrotter I ultra-deepwater drillship to drill two exploration wells offshore Bulgaria.The two wells will be drilled on the Han-Asparuh Block…

SLB Narrowly Beats Quarterly Profit Estimates

Jul 18, 2025

Top oilfield services firm SLB narrowly beat Wall Street expectations for second-quarter profit on Friday, as resilient demand in parts of its international business helped offset drilling slowdown in North America, Mexico and Saudi Arabia.SLB…

Chevron Emerges as Winner in ExxonMobil Dispute Over Guyana Oil Field

Jul 18, 2025

Chevron will proceed with its $53 billion acquisition of Hess, after it prevailed in a landmark legal battle against larger rival Exxon Mobil to gain access to the largest oil discovery in decades.Shares of Chevron were up 3.6% in premarket trading…

Transocean Scoops $199M in Second Quarter Drilling Rig Deals

Jul 17, 2025

Offshore drilling contractor Transocean has secured four new contracts and extensions for its semi-submersible rigs and drillships during the second quarter of 2025, worth approximately $199 million.During the quarter, Transocean secured a contract extension with Equinor…

Netherlands Scales Down Offshore Wind Target for 2040

Jul 17, 2025

The Dutch government on Wednesday scaled back plans to build offshore wind farms in the next 15 years, citing rising costs and lower-than-expected electricity demand from industry.The government said its previous target of achieving total offshore…

Equinor Reports ‘Safer Than Ever’ Second Quarter Ops

Jul 16, 2025

Equinor's long-term positive safety trend is reinforced through the second quarter of 2025, as the total number of serious incidents and personal injuries per million hours worked is at the lowest level the company has ever experienced at the end of the second quarter…

Taihan’s Palos CLV Installs Export Cables for South Korean Offshore Wind Farm

Jul 16, 2025

Taihan’s cable laying vessel (CLV), PALOS, has successfully completed the installation of export cables for the 364.8 MW Yeonggwang Nakwol offshore wind farm in South Korea.The project, being developed Nakwol Blue Heart, is located near Songido…

CNOOC Finds Oil and Gas in South China Sea

Jul 16, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a ‘major breakthrough’ in the exploration of metamorphic buried hills in the deep plays in the South China Sea for the first time, as it makes an oil and gas find in Beibu Gulf…

Mooreast Finds Geotechnical Partner for Floating Energy Solutions

Jul 15, 2025

Singapore-based mooring and anchoring specialist Mooreast Holdings has partnered with Norway-based GeoProvider to strengthen capabilities in offshore data analysis and enhance its value proposition to the floating offshore renewable energy market…

Industry Partners Deliver Largest Unified OBN Dataset in Norwegian North Sea

Jul 15, 2025

Viridien, in collaboration with joint venture partners TGS and Axxis Multi-client, has completed the final imaging of OMEGA Merge, to deliver a single, seamless and unified high-quality dataset across the Heimdal Terrace, Utsira, and Sleipner Ocean Bottom Node (OBN) multi-client surveys…

Dolphin Drilling Lines Up $105M Payment for Rig Deal Termination in Nigeria

Jul 15, 2025

The Federal High Court of Lagos in Nigeria has ordered General Hydrocarbons Limited (GHL) to pay $105 million to Oslo-listed offshore drilling firm Dolphin Drilling for the termination of deal for the semi-submersible rig that was hired for operations off Nigeria…

Current News

Beacon Offshore Energy Begins Production US at Shenandoah Field

Harlyn Solutions Expands Market Scope with New Dutch Base

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

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