Brazil's Petrobras will discuss a possible partnership with Mexico's Pemex during a visit to Mexico next month, Mexican President Claudia Sheinbaum said on Tuesday, after her Brazilian counterpart proposed joint projects in the Gulf of Mexico for the two state-run oil companies.Sheinbaum added during her daily morning press conference that she is still evaluating the offer presented last week by Brazilian President Luiz Inacio Lula da Silva…
Baker Hughes has secured a contract to supply gas compression and power generation technology for ST LNG’s proposed 8.4 million tonnes per annum liquefied natural gas export terminal offshore Matagorda in Texas.Under the agreement, Baker Hughes…
ClassNK has granted Approval in Principle (AiP) for the design of a liquefied CO2 carrier intended to support a floating offshore carbon capture and storage (CCS) injection facility.The vessel is designed to serve a Socket SPAR unit, a floating…
Norway's Equinor has begun drilling producer and injector wells for its offshore Raia natural gas project in Brazil, while also planning fresh exploratory activities in the South American nation, its top executive in the country told Reuters…
Brazilian President Luiz Inacio Lula da Silva said on Friday he had proposed a partnership between state-run energy firms Petrobras of Brazil and Pemex of Mexico to explore oil in the Gulf of Mexico.'Pemex could get a great deal of help from Petrobras…
Iranian gas facilities in the Gulf came under attack on Wednesday, state media reported, prompting Tehran to say it would target a range of energy installations across Saudi Arabia, the United Arab Emirates and Qatar 'in the coming hours'.Oil prices jumped on the news…
SLB has announced that its OneSubsea™ joint venture has been awarded a multi-well, integrated engineering, production, and construction (EPC) contract by China National Offshore Oil Corporation (CNOOC).The contract encompasses 20 wells and covers…
Seadrill has announced that Sonadrill Holding, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded a contract extension.A seven-well priced option for the ultra-deepwater drillship Sonangol Quenguela has been exercised…
Trendsetter Vulcan Offshore (TVO) completed a unique tethered blowout preventer (TBOP) installation in the Gulf of America (GoA) to reduce wellhead fatigue in soft seabed conditions.TVO’s proprietary technology was essential in enabling the…
British energy major BP has received approval from the Trump administration to advance its Kaskida project in the Gulf of Mexico, a company spokesperson told Reuters in an emailed statement late on Friday.The $5 billion investment would unlock…
U.S subsea equipment and services provider for oil and gas sector KOIL Energy has secured a contract from an international oil company to perform load out, transit, installation monitoring, and pre-commissioning services for an offshore development in West Africa…
Kongsberg Discovery has secured the first commercial order for its Kongsberg Listen electromagnetic sensing solution, with subsea services provider DOF selecting the technology for deployment on a HUGIN autonomous underwater vehicle (AUV).The new HUGIN vehicle…
OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7, has secured an engineering, procurement and construction (EPC) contract by Thai’s PTT Exploration and Production Public Company Limited (PTTEP) for subsea production systems at a deepwater project offshore Malaysia…
The first gas injection on Petrobras’ P-78 floating production, storage and offloading (FPSO) unit has been achieved just 61 days after the vessel reached first oil on December 31, 2025.The milestone, achieved on March 2, 2026, marks the transition…
Exail is supplying over 70 acoustic transponders and integrated navigation suites for two major deepwater energy projects in Brazil and Angola. These contracts mark a significant milestone in the global adoption of Exail’s Long Baseline (LBL) subsea positioning technology…
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