Offshore Shale News

 

Shell Takes FID to Double LNG Canada Capacity

Sep 29, 2026

Shell Canada Energy has taken a final investment decision (FID) on LNG Canada Phase 2, an expansion that will double the Kitimat facility's production capacity to 28 million tonnes per annum.Phase 2 will add two LNG processing trains to the existing facility in British Columbia, increasing capacity from 14 mtpa, with commercial operations expected to begin in the early 2030s.Shell holds a 40% interest in LNG Canada and expects to receive nearly 6 mtpa of additional LNG from the expansion…

TWMA Takes Multi-Million-Dollar North Sea Drilling Services Job

Oct 06, 2026

Drilling waste management specialist TWMA has secured a multi-million-dollar contract from an unnamed North Sea operator to provide offshore drilling waste management services for a multi-well campaign in the UK North Sea.The contract, awarded under an existing agreement…

ACUA, Forssea Complete Remote ROV-USV Trials

Sep 28, 2026

ACUA Ocean and Forssea Robotics have completed trials combining an uncrewed surface vessel (USV) with a remotely operated vehicle (ROV) for fully remote subsea inspection and light intervention operations off Plymouth in the UK.The three-week…

Omega Subsea to Deploy ROVs on NKT’s Cable Laying Vessels

Sep 25, 2026

Omega Subsea has secured a five-year agreement to provide ROV services for NKT's newbuild cable laying vessel (CLV) NKT Eleonora, expanding a partnership that already covers the NKT Victoria.The agreement follows a separate five-year contract announced in June for NKT Victoria…

SLB Secures Aramco Well Construction Work for 450 Wells

Sep 25, 2026

SLB has been awarded four integrated well construction contracts by Aramco covering more than 450 oil and gas wells across Saudi Arabia over an initial three-year period.Each contract includes an option to extend the work by up to two years…

LD Armateurs Adds Multi-Purpose Vessel to its Fleet

Sep 25, 2026

Louis Dreyfus Armateurs (LD Armateurs) has taken delivery of the DP2 multipurpose support vessel TVO Mariner for its LD TravOcean subsidiary, expanding its capacity for subsea cable installation, repair and protection work.The vessel, delivered to the group in mid-September…

Eni and Petronas JV Extend Drilling Backlog for Ventura Offshore’s Semi-Sub Rig

Sep 25, 2026

Ventura Offshore has agreed a contract amendment with two subsidiaries of Eni and Petronas joint venture Searah for an additional well offshore Indonesia, adding about $21.7 million to the firm backlog of its SSV Catarina semi-submersible drilling rig…

Shell Concludes Gulf of America Asset Sale

Sep 23, 2026

Shell has completed the sale of its 50% non-operated interest in the Na Kika platform and associated fields in the Gulf of America, along with its wholly-owned Coulomb tieback, receiving about $840 million in cash at closing.The assets were…

Saudi Aramco Plans Standalone Gas Division in Major Reorganization

Sep 23, 2026

Saudi oil giant Aramco plans to reorganise its business to create a new gas division with an eye on possible listings of business units in the future to raise cash, two sources with knowledge of the matter told Reuters.The move is in line with…

Strohm’s TCP Completes Qualification for Brazil’s Deepwater Pilot

Sep 22, 2026

Petrobras, Shell and Strohm have completed a qualification and offshore field trial program for a thermoplastic composite pipe flowline designed for high-CO2 conditions in Brazil's deepwater pre-salt, clearing the way for a Petrobras pilot installation planned for early 2027…

Njord Survey Gets Multi-Year RWE’s Offshore Wind Services Deal

Sep 21, 2026

Njord Survey has secured a three-year framework agreement by RWE Offshore Wind to provide remotely operated vehicle services across offshore wind farms in U.K. and European waters.The agreement covers offshore survey campaigns using remotely operated vehicles (ROVs)…

Transocean Drillship Secures $80M Equatorial Guinea Job

Sep 18, 2026

Transocean has been awarded a two-well contract for its Deepwater Conqueror ultra-deepwater drillship in Equatorial Guinea, adding about $80 million to the offshore driller's backlog.The approximately 170-day campaign with an undisclosed operator is expected to begin in 2027…

LNG Prices Projected to Spike; European Stocks Dwindle

Sep 17, 2026

Global LNG prices could shoot higher this winter as Europe holds its lowest stocks in years and North Asian buyers face increased competition with the Strait of Hormuz still closed, executives said at an industry conference this week.Europe…

Equinor Gets Clearance for Drilling Ops in North Sea

Sep 16, 2026

The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 25/9-5 S in production license 1042, operated by Equinor with 30% working interest.Its partners are Aker BP with 40% share and Vår Energi with 30% working interest…

MET Group, Shell Ink New Long-Term US LNG Deal

Sep 15, 2026

MET Group and Shell have signed a new long-term agreement for the supply of U.S. LNG, expanding the European energy company's access to American gas for its customers across Europe.Under the agreement, Shell will supply MET International, MET Group's trading and wholesale arm…

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