ExxonMobil has made a new hydrocarbon discovery at the Vicango East-01 exploration well in Angola’s offshore Block 15, marking the third discovery in the prolific block in the past four years.The well encountered about 25 metres (82 feet) of high-quality…
SLB and Shearwater GeoServices have launched a 3D multi-client seismic survey offshore Amapá in Brazil’s Equatorial Margin, targeting an underexplored area that has attracted increased interest following the recent Morpho hydrocarbon discovery…
The American Bureau of Shipping (ABS) has issued basic design review certification to Hanwha Ocean for a standardized floating production, storage and offloading (FPSO) design targeting deepwater projects in South America and West Africa.The…
French tubular solutions provider Vallourec has signed an agreement with Saudi Aramco covering the supply of Oil Country Tubular Goods (OCTG), further expanding a relationship between the companies that dates back more than six decades.The agreement…
Larsen & Toubro Energy Hydrocarbon Offshore (LTEH Offshore) has secured an offshore Engineering, Procurement, Construction, Installation, and Commissioning (EPCIC) contract from India's Oil & Natural Gas Corporation (ONGC) for the Additional…
Eastern Mediterranean-focused gas producer Energean posted a 45% jump in first-half profit on Wednesday, helped by a lower tax charge in Italy, and said production had recovered strongly following the restart of operations in Israel.The company…
EnergyPathways, an energy transition company, has selected Jacobs to provide planning, regulatory, consenting and environmental services for its proposed LDES project in the Irish Sea and Barrow-in-Furness. This includes assisting the Company…
McDermott has secured a subsea contract from Eni for the Cronos gas field development offshore Cyprus, following the recent final investment decision for the country's first gas development.Under the contract, worth between $500 million and $750 million…
T12 Engineering has secured funding from the Offshore Wind Growth Partnership (OWGP) to advance its Floating Mooring System (FMS), a technology designed to reduce the cost and complexity of maintaining floating offshore wind turbines.The latest…
Belgian transmission system operator Elia Transmission Belgium has secured a $1.15 billion (€1 billion) green credit facility from the European Investment Bank (EIB) to finance the second phase of the Princess Elisabeth Energy Island project in the North Sea…
Marine geoscience firm Shearwater Geoservices has secured a seven-week ocean bottom node (OBN) survey in the North Sea that will mark the first commercial deployment of its newly installed electric remotely operated vehicles (ROVs).The survey will be carried out using the SW Tasman…
Ventura Offshore has entered into an agreement with Eldorado Drilling to provide marketing and operations management services for the seventh-generation ultra-deepwater drillship Deep Value Driller, while also securing a drilling contract with Petronas E&P Bobara in Indonesia…
Italian energy services firm Saipem has secured a contract from GOE Petrol Sanayi for commissioning services on the Osman Gazi floating production unit (FPU), destined for the Sakarya gas field development in the Turkish Black Sea.The contract…
Argentina's government said on Monday it will file criminal charges against energy company Navitas Petroleum and its executives for operating in the Falkland Islands.The move follows remarks on Friday by Argentine President Javier Milei, who…
Oil prices hit multi-week highs on Tuesday after Iran-backed Houthis attacked Saudi energy facilities and Tehran threatened the United States with 'economic warfare'.Brent crude futures LCOc1 were up $2.00, or 2.06%, at $99.00 a barrel by 0800 GMT…
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