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SLB Acquires Well Intervention Software Specialist

Aug 01, 2025

Global energy technology company SLB has acquired Stimline Digital, a cloud-based software company for the energy sector specializing in well intervention.Stimline Digital’s IDEX platform provides operators with a powerful visualization canvas…

DOF Scoops Over $220M for AHTS Vessel Contracts with Petrobras

Aug 01, 2025

Norwegian offshore supply vessel owner DOF Group has secured a contract with Petrobras for two of its anchor handling tug supply (AHTS) vessels.The two contracts, with a combined value of more than $220 million, are for Skandi Fluminense, a 2007 Brazilian-built AHTS vessel with 211t bollard pull…

Record Production Boosts Chevron’s Second Quarter Earnings

Aug 01, 2025

Chevron beat analyst estimates for second-quarter profit on Friday as record oil and gas production and lower capital expenditure helped the U.S. oil producer boost earnings despite weaker crude prices.The No. 2 U.S. oil major triumphed last month in a legal challenge from Exxon Mobil XOM…

ExxonMobil’s Profit Shoots Above Expectations

Aug 01, 2025

Exxon Mobil, the United States' biggest oil producer, beat Wall Street estimates for second-quarter profit on Friday as higher oil and gas output and low production costs offset the impact of lower crude prices.Oil and gas production was the…

Sapura Energy Rebrands to Vantris Energy

Aug 01, 2025

Malaysia-based offshore services firm Sapura Energy has officially changed its name to Vantris Energy, to reflect the cumulative effort the company has made in its corporate transformation.This name change follows shareholder approval at an Extraordinary General Meeting held on 30 July 2025…

Triton Completes MacGregor Acquisition

Aug 01, 2025

Triton, a European mid-market investment company, has completed the acquisition of MacGregor from previous owner Hiab, formerly Cargotec.The transaction between Triton and Hiab, first announced in November 2024, was closed on July 31, 2025.MacGregor…

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…

Saipem Wraps Up Pipeline Job at Equinor’s Norwegian Sea Project

Aug 01, 2025

Italian energy contractor Saipem has completed the installation of the subsea pipeline for the Irpa project, developed by Equinor in the Norwegian Sea.Offshore operations were carried out by the pipelay vessel Castorone, one of Saipem's flagship vessels…

Deepsea Mira Spuds Third Well in Orange Basin License off Nambia

Aug 01, 2025

Oil and gas firm Rhino Resources and its partners have spudded the Volans-1X exploration well in PEL85 license, offshore Namibia, using Odfjell Drilling-managed Deepsea Mira semi-submersible rig.Drilled by the Deepsea Mira in water depths of around 1…

Egypt Inks Mediterranean Oil and Gas Exploration Deals with Eni and BP

Aug 01, 2025

The Ministry of Petroleum and Mineral Resources of Egypt has signed an agreement with Eni and BP to launch oil and gas exploration activities in the Mediterranean Sea.The agreement includes the drilling of an exploration well in the Temsah concession area in the coming months…

Scotland Grants Consent for SSE’s 4.1GW Offshore Wind Farm

Jul 31, 2025

The Scottish Government has granted consent and marine licenses for SSE Renewables’ 4.1 GW Berwick Bank offshore wind farm, which could become the world’s largest offshore wind farm.The Section 36 consent determination by Scottish ministers…

Nexans, Crowley Wind Services to Build Cable Lay Barge for US Ops

Jul 31, 2025

French subsea power cable maker and services provider Nexans has formed partnership with Crowley Wind Services to develop and operate a Jones Act compliant cable lay barge. The cable lay barge will be dedicated to supporting the installation…

EnerMech Nets BP’s Services Contract Extension off Trinidad & Tobago

Jul 31, 2025

Energy industry services firm EnerMech has been awarded a two-year contract extension by BP Trinidad & Tobago to continue providing crane operations on the operator’s 12 offshore platforms in the Caribbean country.Project scope includes crane operations…

First Spanish-Built Jackets Set Sail for French Offshore Wind Farm

Jul 31, 2025

Four jacket foundations have departed from Navantia Seanergies’ facilities in Fene, Spain, towards the 496 MW Dieppe Le Tréport offshore wind farm being built in France.Each of these 1,200-tonne structures is part of an offshore wind farm developed by Les Éoliennes en Mer…

ADNOC Puts Oxford Flow’s ‘Emissions Eliminating’ Valve on Oil and Gas Trials

Jul 31, 2025

Oxford Flow has started commercial trials of its stemless control valve with ADNOC, marking a major step forward in industrial decarbonization across one of the world’s leading energy producers.The pilot is a result of Oxford Flow’s success…

Current News

SLB Acquires Well Intervention Software Specialist

SLB Acquires Well Intervention

DOF Scoops Over $220M for AHTS Vessel Contracts with Petrobras

DOF Scoops Over $220M for AHTS

Record Production Boosts Chevron’s Second Quarter Earnings

Record Production Boosts Chevr

ExxonMobil’s Profit Shoots Above Expectations

ExxonMobil’s Profit Shoots Abo

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