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 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…
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…
Shell Nigeria Exploration and Production Company (SNEPCo), a subsidiary of Shell, and Sunlink Energies and Resources have taken a final investment decision (FID) on the HI gas project offshore Nigeria.When completed, the project will supply…
Texas-based exploration and production company Beacon Offshore Energy has completed the ramp-up of the four development wells as part of the first phase of its operated deepwater Shenandoah field, reaching the target rate of 100,000 bopd/117…
U.S subsea equipment and services provider for oil and gas sector KOIL Energy has secured a contract to deliver subsea distribution equipment for a project in the Gulf of America.As part of the contract, KOIL Energy will supply six Steel Tube Flying Leads (subsea umbilical) and associated equipment…
MODEC has held a steel strike ceremony for the part of Gato do Mato floating production, storage and offloading (FPSO) unit, which will be deployed at Shell’s field offshore Brazil.The ceremony was held at the COSCO Qidong Shipyard, marking…
Former U.S. President Joe Biden exceeded his authority by withdrawing large areas along U.S. coastlines from future offshore oil and gas development, a federal judge in Louisiana ruled on Thursday.U.S. District Judge James Cain in Lake Charles…
The decision by President Donald Trump administration to halt fully permitted offshore wind energy projects is 'very damaging' to investment, President of Shell U.S. Colette Hirstius told the Financial Times in a report published on Sunday.The…
Eni and its partners China National Petroleum Corporation (CNPH), Empresa Nacional de Hidrocarbonetos (ENH), Korea Gas Corporation (KOGAS) and XRG have reached the Final Investment Decision (FID) to develop the Coral North deepwater FLNG project…
DOF announce several project awards in the North America region, using vessels already in the region, securing more than 300 days of firm vessel utilization for a combined contract value of more than $60m, with options available.Skandi Skansen will…
France's first floating wind farm, the 25 MW Provence Grand Large, located in the Gulf of Fos in the Mediterranean Sea, has officially been inaugurated.The wind farm has been developed by the EDF Group, through its subsidiary EDF Renewables…
Offshore drilling contractor Transocean has secured contract extensions with BP and Petrobras for two of its ultra-deepwater drillships.In aggregate, the fixtures represent approximately $243 million in firm contract backlog.In the U.S. Gulf of America…
The County Administrative Board of Uppsala has recommended that the Swedish Government grant a permit under the Act on the Swedish Exclusive Economic Zone (SEZ) for Deep Wind Offshore’s planned offshore wind farm Olof Skötkonung in the Gulf of Gävle…
Liquefied natural gas company MidOcean, backed by EIG and Saudi Aramco, has agreed to buy a fifth of the Petronas venture that holds a 25% stake in Shell-led LNG Canada, MidOcean said on Tuesday.The deal also includes a fifth of Malaysian state…
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