The Norwegian government's direct ownership stakes in offshore oil and gas licences and infrastructure are valued at a total of 1.41 trillion Norwegian crowns ($150 billion), according to a survey published by the industry ministry on Wednesday…
Turkey is ready to work with Damascus to look for oil and gas in Syria, Turkish Energy Minister Alparslan Bayraktar said on Wednesday.Turkish state oil company TPAO and private companies are ready for seismical surveys and exploration drilling both offshore and onshore in Syria…
A new liquid carbon dioxide (LCO2) transfer solution built on proven technology from MacGregor enables the flexible, direct ship-to-well injection needed to support the EU’s carbon capture and storage goals.If the European Union is to meet its objective of net-zero emissions by 2050…
TGS is ready to commence the Sarawak Phase 4 multi-client program offshore Malaysia, covering approximately 1,020 square kilometers.The Ramform Sovereign is scheduled to mobilize for the survey in the fourth quarter and acquisition is expected to be completed in December 2026…
SLB has been awarded a contract by Brunei Shell Petroleum (BSP) to support production restoration from shut-in wells across multiple offshore fields.The contract scope spans subsurface evaluation, well candidate selection, engineering and offshore execution…
Following a successful project off the coast of Angola, pipeline leak detection company PipeSense has expanded its capabilities to support offshore operations.Working with a multinational oil and gas operator, PipeSense deployed PipeScan, its pressure-pulse technology…
Guyana is now entitled to 39.8% of crude production from a large ExxonMobil-led offshore project, the country's President Irfaan Ali said on Tuesday.The change - expected to greatly increase the country's oil revenue - comes after the Exxon-led consortium…
Norway's Equinor said on Tuesday it has signed an agreement with a Chevron subsidiary to acquire a 17.4% stake in a petroleum exploration licence (PEL 90) in the Orange Basin offshore Namibia.'The transaction marks Equinor's entry into Namibia…
MacArtney Underwater Technology has appointed Geir Håøy, former President and CEO of KONGSBERG, to its Board of Directors, effective June 2026. Throughout his career, Håøy has worked with technologies developed and deployed in maritime, defense…
For the Farasan-Madayah Submarine Cable Project, deugro China, deugro Saudi Arabia, deugro Chartering, and the engineers from dteq Transport Engineering Solutions transported almost 110 kilometers of 132 kV CTS submarine cables from China to the Port of Jazan…
Excessive humidity can damage sensitive equipment in offshore measurement systems, impair data quality and necessitate costly service call-outs. Customers in offshore data collection and marine research therefore use ThoMar's SeaDry to reduce…
The U.S. Interior Department on Monday proposed a sale this year of deep-sea mining leases in U.S. waters surrounding the Northern Mariana Islands, the latest step in President Donald Trump's push to expand domestic supplies of critical minerals…
ExxonMobil awarded about $1.1 billion worth of pre-investment contracts for certain upstream equipment for the Rovuma LNG Phase 1 project in Cabo Delgado.The U.S. oil major awarded the contracts on behalf of the so-called Area 4 partners, which…
Sub-Saharan Africa’s deepwater production is expected to grow by over 1 million boe/d by 2035 and big-ticket projects taking final investment decisions (FIDs) in 2026 and 2027 will be key to unlocking this.In late January, Equatorial Guinea and Chevron signed-off the Aseng Gas blowdown project…
Kongsberg Maritime won a contract with a major energy operator to deliver advanced deck machinery for a new Floating Production, Storage and Offloading (FPSO) vessel for an offshore development in Asia.The contract covers a fully integrated mooring and deck machinery solution…
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