Latest News - page 54

 

Appraisal Well Confirms Bourdon’s Potential for New Development Cluster off Gabon

Apr 22, 2025

BW Energy has confirmed the substantial oil discovery with good reservoir and fluid quality at an appraisal well in the Bourdon Prospect offshore Gabon, reaffirming the potential of establishing a new development cluster in the area.According to BW Energy…

Shell to Complete Marine Survey at Venezuela Gas Field Ahead of License Cancellation

Apr 21, 2025

Shell plans to complete a marine survey at Venezuela's offshore Dragon gas field before a U.S.-set May deadline to wind down all licenses related to energy projects in the country, sources close to the preparations said.Colombia-flagged survey vessel Dona Jose II arrived in U…

Chevron Starts Production at Ballymore Subsea Tieback Project in Gulf of America

Apr 21, 2025

Chevron has started oil and natural gas production from the Ballymore subsea tieback project in the deepwater Gulf of America.Ballymore, the latest in a series of Chevron projects to start up in the past year, represents another step towards the company’s goal to produce 300…

Strategic Marine Delivers Another Fast Crew Boat to Truth Marine Services

Apr 21, 2025

Singaporean aluminum boat builder Strategic Marine has delivered another fast crew boat (FCB) to Truth Maritime Services (TMS) in Thailand.Following the successful handover of the first two Gen 4 FCBs, TMS RANOD and TMS RAMAN, in 2024, these…

Ocean Winds Picks Onshore Substation Contractor for Polish Offshore Wind Farm

Apr 21, 2025

Ocean Winds, a 50-50 joint venture by EDP Renewables and ENGIE, has selected P&Q to construct an onshore substation for its 500 MW BC-Wind offshore wind farm in Poland.The contract includes the design, construction, installation and commissioning of an onshore power station…

Atlantic Zonda Drillship Starts its Maiden Job with Petrobras

Apr 21, 2025

The seventh generation Atlantic Zonda drillship, managed by Ventura Offshore Midco, has started operations for Petrobras under a three-year drilling contract.The Atlantic Zonda is managed by Ventura Offshore through marketing and operating agreements with the rig owner…

US Launches Preps for Expanded Offshore Drilling

Apr 21, 2025

The U.S. Interior Department on Friday said it would begin taking public input for a new five-year offshore oil and gas leasing program that could include new zones in the Arctic and elsewhere to maximize energy development.President Donald…

China's ENN, Zhenhua Oil Ink LNG Supply Deals with ADNOC

Apr 21, 2025

China's privately controlled ENN Natural Gas and state-run Zhenhua Oil have each signed a term deal to buy liquefied natural gas from Abu Dhabi National Oil Company (ADNOC).ENN Natural Gas said on its official WeChat account on Saturday that…

Chevron, Others Exit Egypt’s Red Sea Concessions After Making No Finds

Apr 21, 2025

A number of multinational oil and gas companies including Chevron have exited their Red Sea oil and gas concession blocks after making no finds and have channeled their resources elsewhere in the country, the Egyptian petroleum ministry said…

US Plans New Offshore Oil and Gas Lease Sales

Apr 21, 2025

US Secretary of the Interior Doug Burgum has directed the Bureau of Ocean Energy Management (BOEM) to begin a public engagement process to develop a new schedule for offshore oil and gas lease sales on the U.S. Outer Continental Shelf.“Launching…

MODEC Wins ExxonMobil Guyana’s Hammerhead FPSO Contract

Apr 21, 2025

MODEC has been awarded a contract by ExxonMobil Guyana to develop an FPSO for the Hammerhead project.The Hammerhead FPSO will have the capacity to produce 150,000 barrels of oil per day (BOPD), along with associated gas and water. It will be moored at a water depth of approximately 1…

Saipem Renews Offshore Activities Agreement With Saudi Aramco

Apr 17, 2025

Saipem has signed a renewal for its framework agreement with Saudi Aramco. The Long-Term Agreement (LTA) now extends until the end of 2027.With the renewal of the LTA, Saipem is reconfirmed in the exclusive list of contractors selected by Saudi Aramco who are eligible to bid for work orders…

Equinor to Stop Offshore Construction of Empire Wind Project in US

Apr 17, 2025

Norway's Equinor will halt offshore construction of its Empire Wind I project in New York state, following a stop-work order from U.S. Interior Secretary Doug Burgum, the company said on Thursday.The sudden order marks a major blow for the company and the nascent U…

Greensand CCS Scheme in North Sea Lines Up First CO2 Storage Customer

Apr 17, 2025

Öresundskraft Kraft & Värme and INEOS, on behalf of Project Greensand, have signed an agreement to investigate the opportunity to store up to 210,000 tonnes of CO2 annually from Sweden in Denmark.The captured carbon dioxide is planned for safe…

New York Governor to Fight US Federal Decision to Halt Empire Wind Project

Apr 17, 2025

New York Governor Kathy Hochul has said she would fight the federal decision to halt all construction for the Empire Wind 1 offshore wind project made by the U.S. Department of the Interior (DOI).The U.S. Interior Secretary Doug Burgum ordered…

Current News

Weatherford to Deliver MPD Services for Woodside’s Trion Project off Mexico

Weatherford to Deliver MPD Ser

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

Allseas-Boskalis Consortium Ba

Japan Utility's Offshore Wind Feasibility Assessment Still on Agenda

Japan Utility's Offshore Wind

CNOOC Brings New Offshore Gas Field On Stream

CNOOC Brings New Offshore Gas

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