Mckinsey Energy Insights News

 

Brazil: BP Makes Largest Oil and Gas Discovery in Decades

Aug 04, 2025

BP has made an oil and gas discovery at the Bumerangue prospect in the deepwater offshore Brazil, its largest discovery in 25 years.BP drilled exploration well 1-BP-13-SPS at the Bumerangue block, located in the Santos Basin, 404 kilometers (218 nautical miles) from Rio de Janeiro, in a water depth of 2,372 meters. The well was drilled to a total depth of 5,855 meters.The well intersected the reservoir…

Geo Sessions 2025

Aug 07, 2025

Last year, Geo Sessions brought together over 5,300 registrants from 159 countries, with attendees representing education, government agencies, consulting, and top geospatial companies like Esri, NOAA, Airbus, Planet, and USGS. At this year's Geo Sessions…

North Star Orders Two New Hybrid SOVs from Vard

Aug 05, 2025

Norwegian shipbuilder Vard has secured an order from U.K.’s largest shipowner and operator North Star for the construction of two hybrid Service Operation Vessels (SOVs).The contract represents the ninth and tenth vessel ordered by North Star from VARD…

JERA Nex bp Set to Take Charge of 13GW Offshore Wind Portfolio

Aug 04, 2025

JERA and BP have completed the formation of JERA Nex bp, their new 50-50 owned joint venture, with the new company’s portfolio of operating assets and development projects has a net potential generating capacity of 13 GW.The portfolio includes around 1 GW of installed net generating capacity…

Fugro to Deliver Offshore Surveys at Major Energy Fields in Middle East

Aug 01, 2025

Dutch geological data specialist Fugro has been selected to deliver extensive offshore and onshore surveys for multiple major energy field developments in the Middle East.Fugro has recently been awarded multiple contracts to perform comprehensive…

SLB Unveils OnWave Autonomous Logging Platform for Well Ops

Jul 30, 2025

Global energy technology company SLB has introduced the OnWave autonomous logging platform, said to enable more efficient and reliable acquisition of formation evaluation measurements in any well condition.This first-of-its-kind technology autonomously acquires multiple…

Carnarvon Wraps Major Seismic Project off Australia Ahead of 2026 Drilling Ops

Jul 24, 2025

Carnarvon Energy has completed a major seismic reprocessing project across the Bedout Sub-basin, offshore Australia, in collaboration with its joint venture partners, delivering one of the most advanced seismic datasets in the region to date…

Industry Partners Deliver Largest Unified OBN Dataset in Norwegian North Sea

Jul 15, 2025

Viridien, in collaboration with joint venture partners TGS and Axxis Multi-client, has completed the final imaging of OMEGA Merge, to deliver a single, seamless and unified high-quality dataset across the Heimdal Terrace, Utsira, and Sleipner Ocean Bottom Node (OBN) multi-client surveys…

Fugro Gets On Board Ireland’s Offshore Grid Development Project

Jul 15, 2025

Fugro has secured a seven-year framework agreement with EirGrid, Ireland’s state-owned electricity transmission operator, to deliver a full suite of geo-data surveys for the 'Powering Up Offshore - South Coast' project.The initiative will develop…

TGS to Provide Tech Set to Optimize Northern Lights CCS Operations

Jul 10, 2025

Norwegian data and intelligence firm TGS has signed a collaboration agreement with Equinor, aimed at advancing the digitalization of carbon capture and storage (CCS) operations at Northern Lights project.The agreement strengthens the ongoing…

Fugro Finds Partners for New Subsea Assets Data and Monitoring Platform

Jul 08, 2025

Fugro has formed a partnership with DTACT, a high-tech software company, and Ubotica, a specialist in AI-powered satellite intelligence, to develop a data fusion and intelligence platform for critical subsea infrastructure.The solution will…

Gastech 2025 Technical & Commercial Conference to Accelerate Global Growth and Decarbonisation Through Energy Innovation

Jul 07, 2025

• Across six dynamic programmes and 70 engaging sessions, 300 expert speakers will deliver actionable insights and pioneering research on the industry’s latest innovations, empowering technical specialists and commercial leaders to make new advances in natural gas…

EnerMech Nets Long-Term Servicing Contract for Triton FPSO

Jul 03, 2025

Energy industry services firm EnerMech has secured a multi-year contract from Dana Petroleum for the provision of offshore shutdown support services for the Triton floating production, storage and offloading (FPSO) vessel.Dana hired EnerMech…

North Star Accelerates Green Transition

Jul 01, 2025

North Star’s £400 million ($550 million) ongoing commitment as part of its ESG strategy, combined with a £1.8 million ($2.47 million) investment in crew training last year, has delivered significant progress in its transition to operating a net zero fleet by 2045…

ABS: Floating CO₂ Injection Facilities Report

Jun 23, 2025

As offshore carbon capture and storage (CCS) gains momentum, floating CO₂ injection facilities are emerging as a key solution for large-scale operations. ABS’ latest publication, Floating CO₂ Injection Facilities, dives into the technologies…

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