UK-based oil and gas explorer Pharos Energy said its two joint ventures in Vietnam have received local government approval to extend their licenses by five years to the early 2030s.The Te Giac Trang (TGT) field, operated by the Hoang Long Joint Operating Company…
Viridien, in collaboration with joint venture partner TGS, has delivered the final processed data from the multi-client Sleipner Ocean Bottom Node (OBN) project.The Sleipner OBN survey, the second of two dense multi-client OBN surveys acquired in the North Sea in 2023…
Marine geosciences and offshore construction support services firm Next Geosolutions has acquired a multi-purpose survey vessel (MPSV) from Beitveit Holding for $7.1 million.The vessel, Sea Admiral, will be renamed NG EXPLORER, and will be used for geophysical…
State-run explorer Oil India plans to lease up to seven drilling rigs in the next fiscal year starting April, chairman Ranjit Rath said on Tuesday.The company has already deployed over 20 rigs, including one offshore rig, Rath added.Oil India…
French oil major TotalEnergies third-quarter profit hit a three-year low of $4.1 billion on Thursday, slightly missing expectations as refining margins and upstream outages dragged down earnings.Adjusted net income was down 37% from a year earlier and 12…
Offshore drilling contractor Vantage Drilling has listed its shares on Euronext Growth Oslo, a multilateral trading facility operated by Euronext.The company’s shares on Euronext Growth Oslo have been listed since October 28, 2024, under the ticker code VDI…
Beam, a company created by the recent merger of Rovco and Vaarst, has strengthened its fleet with two new autonomous surface vessels (ASVs), called Xplorers, and a Quantum EV workclass remotely operated vehicle (ROV).The Quantum EV and Xplorer vessels…
Senesco Marine recently held a launch and christening ceremony for WindServe Marine's new Jones-Act-compliant crew transfer vessel (CTV), WindServe Frontier.WindServe Marine, a sister company to the North Kingstown, R.I. shipbuilder—both part…
A potentially cost-effective, efficient means to develop remote oil & gas fieldsSubsea tieback projects are transforming the offshore oil and gas industry by enabling efficient extraction from remote fields and satellite reservoirs, an approach aiming to significantly reduce capital…
The Netherlands-based subsea services company N-Sea announced it has finalized a deal to acquire Geo Plus based in Groningen, The Netherlands.Geo Plus operates a fleet of five specialized survey vessels—Geo Ranger, Geo Focus, Geo Explorer, Geo Motion…
Norwegian marine seismic survey services firm Seabird Exploration has received a letter of award (LoA) for OBN source work for the Eagle Explorer in the Western Hemisphere with a repeat client.The duration of the contract is six months, with options to extend by another six plus six months…
Australian oil and gas explorer Carnarvon Energy is seeking a buyer for the company or its assets, including its share in the Dorado oil field co-owned with local producer Santos, a document prepared by adviser JPMorgan showed.The company's strategic review…
Indonesia will ask Mubadala Energy to accelerate gas development in Indonesia's South Andaman Block after the United Arab Emirates explorer made a second discovery there, Dwi Soetjipto, chairman of upstream regulator SKK Migas, said on Tuesday…
Japanese energy companies JERA and INPEX have signed an agreement to undertake a preliminary joint study on the feasibility of establishing a carbon capture and storage (CCS) scheme to transport CO2 emitted in Japan for storage in Australia…
In recent years, the oil and gas industry has faced mounting pressure to address its environmental impact. This has led many companies to set decarbonization targets – we are tracking more than 460 targets set by independents, majors, and NOCs across the sector…
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