The Northern Endeavour FPSO is being shipped by a Chinese heavy lift ship from Australia to Denmark for recycling.Installed between the Laminaria and Corallina oil fields in the Timor Sea and unproductive since 2019, its fate became the burden…
The US Department of the Interior is updating oil and gas commingling rules to align with the One Big Beautiful Bill Act.Commingling is the practice of combining oil or gas production from two or more sources into a single stream for measurement and processing…
UAE-based Vantage Drilling International has announced that the Conditional Letter of Award received from an undisclosed client for the ultra-deepwater drillship Platinum Explorer in April has been extended.This follows a 30-day extension from July 22 to bring the contract end date to August 29…
Aker BP has completed the Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area.The recoverable volume is estimated at 96–134 million barrels of oil equivalent (mmboe)…
The U.S. Commerce Department said on Thursday it has opened a national security investigation into the import of wind turbines and components.Earlier this week, the department said it was adding wind turbines to a list of products that will face 50% tariffs on the aluminum and steel content…
There are early signs that some Asian countries are stepping up their imports of U.S. liquefied natural gas (LNG) as part of trade deals with President Donald Trump.Asia's imports of the super-chilled fuel are on track to hit an eight-month high of 2…
Offshore supply vessel operator Havila Shipping ASA delivered stronger results in the second quarter of 2025, supported by high fleet utilization and stable freight revenues.Freight revenues reached NOK 165.5 million in Q2, up NOK 19.5 million…
SPE Offshore Europe 2025 (OE25) will open its doors at the P&J Live from 2-5 September for what is set to be one of the most pivotal in the show’s 52-year history. With offshore energy at the centre of national and international debate, the…
U.S. oil and gas producer ConocoPhillips said on Thursday it would secure 4 million tonnes per annum of liquefied natural gas from Sempra's Port Arthur LNG Phase 2 project in Texas to serve key global markets.Commercial activity in the U.S.…
Tampnet, a global leader in offshore connectivity, has secured a five-year contract with Island Drilling AS to supply a complete, next-generation communications stack for the harsh-environment semi-submersible Island Innovator. The service includes…
DOF Group ASA has announced an addendum to its long-term inspection contract (PIDF) with Petrobras in Brazil. The addendum comprises additional scope of work, which is expected to be concluded by the end of 2025. Stril Explorer, Geoholm and Skandi Carla are currently operating on this contract…
Jadestone Energy has confirmed initial oil rates from the Skua-11ST development well at the Montara field offshore Australia are higher than previous guidance.Consistent with previous disclosures, production from the Skua-11ST well commenced in early August 2025…
The Búzios field, operated by Petrobras, broke its record and surpassed daily production of 900,000 barrels of oil last weekend.Located in the pre-salt layer of the Santos Basin, about 180 kilometers off the coast of Rio de Janeiro, Búzios was…
Reach Subsea has completed a subsea inspection campaign for TotalEnergies, carried out in the Skirne, Byggve, and Atla fields on the Norwegian Continental Shelf.The project was delivered using Reach Remote 1, an unmanned surface vessel equipped with an electric ROV…
DOF Group ASA's revenue for 2nd quarter (management reporting) totals USD 507 million (USD 361 million) and EBITDA totals USD 214 million (USD 122 million). The operating profit (EBIT) is USD 150 million (USD 111 million). Net financial gain…
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