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Petrobras Acquires 13 Oil and Gas Blocks in Brazil’s Latest Bidding Round

Jun 18, 2025

Brazil’s state-run oil and gas firm Petrobras has acquired 10 blocks in the Foz do Amazonas Basin and three blocks in the Pelotas Basin in the fifth Permanent Concession Offer Cycle of the National Agency of Petroleum, Natural Gas and Biofuels (ANP)…

Galp Secures Three Exploration Blocks in Brazil

Jun 18, 2025

Portugal's Galp has been awarded three offshore blocks as part of Brazil’s fifth Open Permanent Concession bid round.Galp acquired offshore early-stage exploration blocks P-M-1670/1672/1741 in the Pelotas basin, in the southern region of the country…

Equinor Expands Santons Basin Exploration Scope

Jun 18, 2025

Equinor has secured a new exploration opportunity in Brazil, having won the license for S-M-1617 offshore block in Santos Basin during the country’s fifth Open Permanent Concession bid round.The S-M-1617 license in Brazil was secured by Equinor…

Subsea7 Nets ‘Substantial’ Contract off Norway

Jun 18, 2025

Subsea 7 today has secured a ‘substantial’ contract offshore Norway, worth between $150 million and $300 million.Subsea7’s scope includes engineering, procurement, construction and installation (EPCI) of pipeline bundles, spools, protection covers and tie-ins using key vessels from Subsea7’s fleet…

TotalEnergies Eyes Mozambique LNG Restart in Summer 2025

Jun 18, 2025

TotalEnergies expects its $20-billion Mozambique liquefied natural gas (LNG) project to resume development 'this summer', Chief Executive Patrick Pouyanne said on Wednesday.He was asked about the timing during a session at the Japan Energy Summit in Tokyo…

Karoon Energy Places Winning Bid for Six Blocks Offshore Brazil

Jun 18, 2025

Australian oil and gas company Karoon Energy has secured interest in six blocks in the Santos Basin, offshore Brazil, in the ANP fifth Permanent Offer Bid Round for Concession Contracts.Two of the blocks, S-M-974 and S-M-1038, are located approximately 17 kilometers from the Neon field…

Woodside Agrees Long-Term LNG Supply with Petronas Unit

Jun 18, 2025

Woodside Energy and Petronas, through its subsidiary Petronas LNG, have signed a non-binding heads of agreement (HoA) for the supply of 1 million tonnes per annum of LNG to Malaysia from 2028 for a period of 15 years.The LNG would be supplied…

Chevron Acquires Blocks in Brazil's Foz do Amazonas Basin

Jun 17, 2025

Exxon Mobil and Chevron on Tuesday took their first steps toward eventually exploring oil in Brazil's Foz do Amazonas basin, scooping up offshore blocks auctioned by the country in the promising but environmentally-sensitive area.The move marks…

Fugro-Led BeWild Completes First Fully Remote Ecology Survey at OW Farm

Jun 17, 2025

The BeWild project, led by Fugro, has completed the world’s first fully remote ecology survey at CrossWind’s Hollandse Kust Noord offshore wind farm, marking a significant shift in marine ecosystem monitoring.The innovative approach enables more efficient and less disruptive monitoring…

TotalEnergies Secures Offshore Wind Concession in Germany

Jun 17, 2025

TotalEnergies, as a shareholder of North Sea OFW One, has been awarded the N-9.4 offshore concession by the German Federal Network Agency in the North Sea.Located approximately 150 kilometers northwest of the German island of Heligoland, the N-9…

MODEC and Terra Drone Renew FPSO Drone Inspection Partnership

Jun 17, 2025

MODEC has renewed its joint research and development (R&D) agreement with Terra Drone for the non-destructive internal inspection of crude oil storage tanks on floating production, storage, and offloading systems (FPSOs) using Terra UT drones…

Yinson Production Closes $1B Investment to Drive Further Growth

Jun 17, 2025

Malaysian FPSO leasing firm Yinson Production has closed of the previously announced $1 billion investment from a consortium of global investor to further drive its business growth.The funding was secured through a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA)…

UK Offshore Wind Industry Employs 40,000 People, New Report Finds

Jun 17, 2025

RenewableUK and the Offshore Wind Industry Council (OWIC) have released a new report showing that the number of people working in the offshore wind industry has risen from just over 32,000 two years ago to nearly 40,000 today – an increase of 24%…

SLB Rolls Out Sequestri Carbon Storage Tech Portfolio

Jun 17, 2025

Global energy technology company SLB has launched Sequestri carbon storage solutions, a comprehensive portfolio of technologies and services for accelerating safer and more economic carbon storage projects.The Sequestri portfolio addresses the unique challenges of long-term carbon storage…

ExxonMobil Hires EnerMech for Decom Job in Gulf of America

Jun 17, 2025

Energy industry services firm EnerMech has secured a contract by ExxonMobil to deliver a complete flowline decommissioning package for the Hoover Diana development in the Gulf of America.EnerMech’s scope includes decommissioning the subsea flowlines…

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