Offshore driller Noble Corporation has secured about $565 million in new contract value since its last fleet update, lifting its backlog to $7.5 billion as fleet utilization improved.Utilization of the company’s 29 marketed rigs rose to 68% in the first quarter from 64% in the previous quarter, while marketed floater utilization increased to 68% from 62%. Recent awards added around five rig years of new floater backlog…
Dutch floating production specialist SBM Offshore raised its 2026 revenue guidance on Thursday after first-quarter directional revenue more than tripled, driven mainly by its turnkey business and the sale of One Guyana.The company sold One Guyana…
Exxon Mobil is using artificial intelligence and new technology to interpret seismic data from Guyana in days rather than months, John Ardill, the company's vice president of exploration, said on Tuesday.High‑performance computing and AI‑driven algorithms have accelerated seismic imaging…
Subsea7 has been awarded a substantial engineering, procurement, construction and installation (EPCI) contract by ExxonMobil for a subsea tie-back project offshore Angola.The contract, awarded to Subsea Integration Alliance, relates to the Redevelopment 2…
Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has loaded and shipped its first liquefied natural gas (LNG) cargo from its export terminal in Sabine Pass in Texas, marking a step toward full commercial operations.Golden…
OPEC member Gabon expects to sign production-sharing contracts with BP and Exxon Mobil in four to six months, the country's oil and gas minister Clotaire Kondja said on Wednesday at an African energy conference held in Paris.BP and Exxon both…
Italy’s Saipem has secured a limited notice to proceed contract worth about $150 million by ExxonMobil Guyana for work on the Longtail development.The contract covers preliminary engineering and procurement activities for subsea structures, umbilicals…
U.S. oil major ExxonMobil, Energean and Helleniq Energy will sign a contract on Wednesday with Stena Drilling to start exploratory drilling in a western Greek offshore block, Greece's energy ministry said on Tuesday.ExxonMobil, Energean and…
Golden Pass LNG, a joint venture between QatarEnergy and ExxonMobil, has produced its first liquefied natural gas from the initial train of its export facility in Texas, marking a step toward full operations.The project, located in Sabine Pass…
Halliburton, in collaboration with ExxonMobil, Sekal, Noble, and the Wells Alliance Guyana team, has delivered a groundbreaking step forward in digital well construction to achieve the industry’s first fully automated geological well placement with complete rig automation in offshore Guyana…
SBM Offshore has secured contracts from ExxonMobil Guyana to carry out front-end engineering and design (FEED) studies for a floating production, storage and offloading (FPSO) vessel for the Longtail development offshore Guyana.The FEED award…
QatarEnergy has confirmed that missile attacks on its Ras Laffan Industrial City have reduced the country’s liquefied natural gas (LNG) export capacity by about 17% and could result in around $20 billion in annual revenue losses.The strikes…
A joint venture by Energean, ExxonMobil and Helleniq Energy has notified Greece it would look for gas in a western offshore bloc, the nation's hydrocarbons management agency said on Thursday, a move that would involve the first test drilling in the country for decades…
The Board of Woodside Energy has appointed Elizabeth (Liz) Westcott as Chief Executive Officer and Managing Director.Westcott, who has served as Woodside Acting CEO since the departure of Meg O’Neill in December 2025, has a proven track record…
Energy and marine consultancy ABL has been contracted to provide marine warranty survey services for marine operations and installation activities on ExxonMobil’s Hammerhead development offshore Guyana.The Hammerhead project is expected to be the seventh development in the Stabroek Block…
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