Libya’s latest upstream licensing round has already attracted more than 40 applicants, a signal of the country’s re-entry into the global energy arena and growing interest in its largely untapped hydrocarbon potential.The update was shared by Abdolkabir Alfakhry…
Global energy technology company SLB has launched Electris - a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset.Electris completions…
China Offshore Oil Engineering Co. (COOEC) has announced that the deepwater pipe-laying crane ship 'Offshore Oil 201' has set sail from Guangdong headed for an offshore pipeline operation site in the Middle East.This is the first time the ship has entered the international market…
Bardex Corp. is pleased to announce that the Offshore Technology Conference has awarded Daniel Toerner a spot in its 2025 Emerging Leaders class. Each year, the OTC recognizes up-and-coming professionals whose work in the energy industry demonstrates…
Texas-based subsea oil and gas equipment supplier Trendsetter Engineering has marked the first deployment of its Trident 20,000 psi (20K) intervention system at Beacon Offshore’s Shenandoah project in the Gulf of America.The Trident 20K intervention…
U.K.-based oil and gas company Viaro Energy has appointed Exceed as well operator for over 190 wells which will comprise Viaro’s One Gas West assets following completion of the acquisition from Shell and ExxonMobil.Exceed will manage all aspects of late life well operations…
Oil and gas company OMV Petrom has signed the commercial contract with the Republic of Moldova for the delivery of gas from Neptun Deep field in the Black Sea.The signed contract provides for the supply of natural gas for three years to the virtual trading point (VTP) in Romania…
ABS has awarded approval in principle to Seatrium Marine & Deepwater Technology for its new design of a floating wind semi-submersible floating column foundation for 15MW wind turbines.Seatrium highlights that the design is optimized for efficient…
U.S. offshore producer Beacon Offshore Energy expects first oil from its Shenandoah floating production system in June, a company executive said on Tuesday.The floating production unit, which is expected to produce 120,000 barrels of oil per day (bpd)…
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…
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…
Australia’s oil and gas industry congratulates Prime Minister Anthony Albanese on Federal Labor’s re-election on Saturday and looks forward to continuing to work with the Government on necessary reforms for Australia’s long-term energy security and economic growth…
CRP Subsea, an AIS company, has secured a contract with Shell for the supply of crushable foam wrap (CFW) for the Whale deepwater development in the Gulf of America.The initial order is for one well-set, with additional orders for four more well-sets expected throughout 2025…
SBM Offshore has signed a contract with BP for the wet tow and installation of the Kaskida semi-submersible Floating Production Unit (FPU) in the Gulf of America.The Kaskida field is a greenfield development located approximately 250 miles southwest of New Orleans…
Portugal's Galp Energia reported a 29% drop in adjusted first-quarter core profit on Monday, hit by falling oil output and a decline in refining margins to less than half the levels booked a year ago.Adjusted earnings before interest, taxes…