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BW Energy Hires Deepsea Mira Rig for Drilling Ops off Namibia

Jul 28, 2025

BW Energy, together with NAMCOR E&P, has contracted the Deepsea Mira semi-submersible rig for the drilling of the Kharas appraisal well on the Kudu license, offshore Namibia.The drilling operation in the Orange Basin is scheduled for the second half of 2025…

Saipem Expects $20B Mozambique LNG Project Restart by End of Summer

Jul 28, 2025

Italy's Saipem is confident that a $20-billion liquefied natural gas project in Mozambique for TotalEnergies TTEF.PA will restart by the end of the summer, the CEO of the energy contractor said on Thursday.Covered by force majeure since 2021 following insurgent attacks…

Shelf Drilling Secures Work for Jack-Up Rigs in UK and Egypt

Jul 28, 2025

Offshore drilling contractor Shelf Drilling has secured work for two of its jack-up drilling rigs in U.K. and Egypt, under new contracts and extensions worth collectively around $35 million.Shelf Drilling has signed a one-year extension for…

Beacon Offshore Energy Begins Production US at Shenandoah Field

Jul 25, 2025

Beacon Offshore Energy LLC said it began oil and natural gas production at its Shenandoah field off the coast of Louisiana on Friday, nearly a month after it was originally expected to commence.Beacon, which in May said it expects first oil in June…

Harlyn Solutions Expands Market Scope with New Dutch Base

Jul 25, 2025

U.K.-based logistics and engineering specialist Harlyn Solutions has opened a new office in Rotterdam in the Netherlands, marking a key step in its European expansion strategy aimed at supporting complex energy and infrastructure projects across the continent…

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

Jul 25, 2025

Thailand’s state-backed energy firm PTT Exploration and Production (PTTEP) has acquired 50% of Block A-18 in the Malaysia–Thailand Joint Development Area (MTJDA) through a $450 million deal with Chevron's subsidiaries.The transaction, completed on July 25…

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Jul 25, 2025

Canada-based oil and gas company Valeura Energy has signed a farm-in agreement with Thailand’s state-backed PTTEP to acquire a 40% interest in offshore Blocks G1/65 and G3/65 in the Gulf of Thailand, marking a major expansion of its regional footprint…

OPT Finds Tech Delivery Partner for Mexican Maritime Markets

Jul 25, 2025

U.S.-based low-carbon marine power, data, and service solutions provider Ocean Power Technologies (OPT) has signed a new reseller agreement with a Latin America-based partner focused on supporting the Mexican offshore and maritime markets.The…

Eco Wave Power Eyes South Africa for Wave Energy Plant

Jul 25, 2025

Eco Wave Power has signed an agreement with the Africa Great Future Development (AGFDL) to conduct a feasibility study for a potential wave energy power station at the Port of Ngqura, South Africa.The agreement marks Eco Wave Power's first step…

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Jul 25, 2025

Malaysia-based offshore services firm Sapura Energy has secured two contracts from its long-term clients Chevron and PTT Exploration and Production Public Company (PTTEP) for offshore work in Thailand, worth over $118 million.The contracts were…

Scottish Floating Wind Farm Gets Construction and Operation Go-Ahead

Jul 25, 2025

The Scottish Government has granted joint venture partnership between Ørsted, Simply Blue Group and Subsea7, the developers of Salamander floating offshore wind farm, a go-ahead to build and operate the 100 MW floating wind array.Salamander…

Shell Takes FID for Offshore Gas Discovery in Egyptian Mediterranean Sea

Jul 25, 2025

BG International limited, an affiliate of Shell, has made a final investment decision (FID) to develop the Mina West gas discovery in Egypt’s Mediterranean Sea.Shell (60%) will operate the field alongside partner, Kufpec (Egypt) Limited (KUFPEC) (40%)…

UK Raises Guaranteed Offshore Wind Auction Power Price

Jul 25, 2025

Britain will increase the guaranteed price offered for offshore wind projects in this year’s renewables auction by 11%, government documents showed, amid rising costs for projects due to inflation and supply chain bottlenecks.The Labour government…

Italy's Eni Posts 25% Drop in Quarterly Profit

Jul 25, 2025

Italian energy group Eni said on Friday its second-quarter earnings fell 25% year-on-year as lower oil prices and a weaker dollar overshadowed a better-than-expected performance at its gas business.Adjusted net profit came in at 1.13 billion euros ($1…

US Looks Into Allowing Limited Oil Operations in Venezuela

Jul 25, 2025

The United States is preparing to grant new authorizations to key partners of Venezuela's state-run PDVSA, starting with Chevron, to allow them to operate with limitations in the sanctioned OPEC nation and swap oil, five sources close to the matter said on Thursday…

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