Offshore well plug and abandonment specialist Well-Safe Solutions has secured a multi-year contract by EnQuest for decommissioning work in the U.K. North Sea.The firm scope, expected to generate revenue in excess of $45 million, will be executed…
Offshore drilling contractor Shelf Drilling has secured short-term contract for the Shelf Drilling Enterprise and a contract extension for the Trident 16 jack-up drilling rigs.The Shelf Drilling Enterprise has been hired for one firm well operation in Vietnam…
Offshore drilling contractor Seadrill has secured contracts with Talos Energy and Murphy Oil for two of its drillships for operations in the Gulf of America.The first contract is with Talos Energy for the West Vela drillship for two-well drilling job…
Southern Energy S.A. (SESA), a company formed to enable LNG exports from Argentina, has reached final investment decision (FID) for the charter of 3.5MTPA MK II floating LNG (FLNG) from Golar LNG.The key commercial terms for the 20-year charter…
The partners in Israel’s Leviathan gas field have signed an amendment to their existing export agreement with Blue Ocean Energy, significantly increasing natural gas volumes destined for Egypt.Under the revised deal, total contracted volumes…
North Sea-focused Harbour Energy raised its annual free cash flow and production forecast on Thursday, bolstered by robust production following the integration of the Wintershall Dea portfolio and cost control in the first half of the year.The…
Dutch oil and gas services company SBM Offshore raised its full-year core profit and revenue forecasts on Thursday, following a strong financial performance in the first half of 2025.The company, which provides floating production services to the offshore energy industry…
Yinson Production has agreed to and completed the buy-out of the project loan related to FPSO Atlanta from Brava Energia.At the time of the completion of the transaction, the principal amount outstanding under the project loan was approximately $408…
Tullow Oil has restarted the drilling campaign at Jubilee field offshore Ghana, with the first well that came onstream delivering ‘better than expected’ net pay during drilling operations with Noble Corporation’s Noble Venture drillship.Tullow Oil brought the the J72-P well…
Norway-based Axess Group has secured contracts with Seatrium to deliver Brazilian Regulatory Compliance (BRC) services for six floating production, storage and offloading (FPSO) units set for deployment off Brazil.Axess Group has been tasked to deliver BRC services for P-78…
Iberdrola has received the last monopiles manufactured by Navantia – Windar alliance for its 315 MW Windanker offshore wind farm, being built in Baltic Sea.The components, manufactured by Navantia Seanergies and Windar Renovables, represent…
Fugro has secured a contract from Shinfox Energy for geotechnical services to support the development of its 700 MW Youde offshore wind farm off the west coast of Taiwan.Fugro will use its Taiwan-flagged vessel, Pacific Hornbill, an IOVTEC-managed DP2 vessel…
Japan’s Inpex Corporation has started Front End Engineering and Design (FEED) work for the onshore liquefied natural gas (LNG) plant component of the Abadi LNG project in Indonesia’s Masela Block.The start of the FEED phase for the onshore LNG…
BP's announcement on Monday of its largest global oil and gas discovery in 25 years in Brazil's offshore Santos basin bodes well for Equinor's nearby interests and strong appetite for an October auction of oil blocks in the region.Discoveries nearly two decades ago in the region…
BP will launch a review of how best to develop and monetise its oil and gas production assets and consider more cost cuts to boost shareholder returns, the oil major said on Tuesday, as it beat second-quarter profit expectations.BP, under pressure…
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