Oil service provider SLB and private equity firm Formentera Partners are working to either reactivate oil rigs in Venezuela or import additional rigs into the country in the coming months, executives from both firms said on Wednesday during a conference in Houston.Energy-focused Formentera is in discussions with international service providers to bring oil drilling rigs into Venezuela, managing partner Blake London said…
The Norwegian energy ministry on Friday approved a request from the developer of the country's first commercial offshore wind farm to delay a licence application deadline by one year.The ministry granted operator Ventyr the extension until October 15…
TenneT has completed the directional drilling under the beach and part of the seabed at Maasvlakte. Nine plastic protective conduits have now been laid in the boreholes, forming a protected passage for the electricity cables of the offshore wind farms…
The Alexandre de Gusmão FPSO, the fifth installed in the Mero field in the pre-salt layer of the Santos Basin, has reached peak production at 180,000 barrels of oil per day (bpd). Mero is the third largest producing field in Brazil, after Búzios and Tupi…
Transocean has announced a two-year binding Letter of Award for the Dhirubhai Deepwater KG2 drillship with ONGC in India.The campaign is expected to commence in the first quarter of 2027 and contribute approximately $300 million in contract value…
Australia’s Department of Industry, Science and Resources has engaged Zenith Energy Australia to conduct planning, engineering and regulatory activities to plug and abandon the Laminaria and Corallina wells in the Timor Sea.Phase 2 focuses on…
TGS has been awarded data brokerage, marketing and licensing rights by the Petroleum Authority of Brunei Darussalam for subsurface data over an offshore Brunei block.The award covers data across the block, including 3D seismic data, well information…
Everllence has signed a contract with a Turkish shipyard within the high-speed segment. The contract comprises 16 × 175D gensets bound for 4 × Rampage 6000‑DE offshore terminal tugs designed by Robert Allen.These will be operated by Smit Lamnalco…
Equinor has signed an agreement with Poland’s ORLEN for the sale of crude oil from the Johan Sverdrup field on the Norwegian continental shelf. The agreement will run for three years from the beginning of September.Annual supplies under the…
Dolphin Drilling’s deepwater capable semisubmersible rig, Blackford Dolphin, will continue its drilling contract for Oil India Limited.The contract has been extended up to October 15, 2026, to enable completion of drilling, testing, and abandonment work at locations East of India…
The fifth floating oil production facility for a consortium led by U.S. energy major Exxon Mobil in Guyana has arrived in Guyanese waters, according to vessel monitoring data on Thursday.The Errea Wittu FPSO, built by Japanese firm MODEC in Singapore…
Underwater Construction Corporation (UCC), a provider of specialized underwater diving services, announced a strategic investment from Crescentia Capital, in partnership with Graham Capital Investments (GCI). The investment provides UCC with additional resources to accelerate organic growth…
Subsea technology company SMD has strengthened its capabilities with key senior appointments, meeting the evolving needs of customers and growing demand for its advanced vehicles.The company has appointed Ryan Lumsden as product line manager for ROVs and Paul Green as head of continuous improvement…
Romania scrambled F-16 fighter jets to destroy a marine drone spotted a few hundred metres from the Black Sea gas project Neptun Deep, Defence Minister Radu Miruta said on Thursday.The incident underscores the growing threat to critical energy…
Early design decisions and robust qualification of subsea connectors can materially shape the long-term integrity of subsea pipelines warns Lloyd’s Register (LR), as part of a new study delivered for the Norwegian Ocean Industry Authority (Havtil)…
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