Latest News - page 64

 

Contract Extended for Vantage Drilling’s Platinum Explorer

Aug 21, 2025

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…

Watch: Aker BP Drills Omega Alfa

Aug 21, 2025

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)…

US Opens National Security Investigation into the Import of Wind Turbines

Aug 21, 2025

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…

Asia to Take More US LNG ... but is it Enough to Placate Trump?

Aug 21, 2025

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…

Havila Shipping Reports Solid Q2 on Strong Fleet Utilization

Aug 21, 2025

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 set to drive transformational change for the energy sector

Aug 21, 2025

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…

ConocoPhillips to Buy 4 Million Tons LNG from Sempra's Port Arthur Phase 2 Project

Aug 21, 2025

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 Secures Contract for Communications Stack

Aug 21, 2025

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 Advances Contract in Brazil, Wins One New

Aug 21, 2025

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 Announces Montara Production Well Success

Aug 20, 2025

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…

Búzios Oil Output Rivals Tupi

Aug 20, 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 Completes Inspection for TotalEnergies Using USV/ Electric ROV

Aug 20, 2025

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 Shares Financial Report for Q2 2025

Aug 20, 2025

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…

ANP to Offer Seven Blocks for Auction Offshore Brazil

Aug 20, 2025

Brazilian oil regulator ANP will offer seven blocks in an upcoming auction for areas to explore in the country's offshore pre-salt region, set to happen on October 22, it said in a statement on Wednesday.Bidding will be opened for Jaspe, Citrino…

Kabal Wins Contract with Phu Quoc Petroleum Operating Company to Optimize Offshore Logistics in Vietnam

Aug 20, 2025

Kabal, a provider of logistics software for the energy industry, announced a new contract with Phu Quoc Petroleum Operating Company (PQPOC) to optimize its offshore logistics in Vietnam. This partnership marks a step in Kabal’s expansion in Southeast Asia…

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