Latest News - page 25

 

LNG Vessel Elisa Halcyon Delivered to EDF

Nov 07, 2025

A new liquefied natural gas (LNG) carrier, Elisa Halcyon, ordered by France LNG Shipping SAS from Hyundai Samho Heavy Industries in Korea, was completed and delivered on October 31. The vessel will be chartered on a long-term basis (up to 20…

Halliburton Gets Shell’s Drilling and Completions Contract Offshore Nigeria

Nov 07, 2025

Halliburton has secured an integrated drilling and completion services contract for the HI gas field development in OML 144 offshore Nigeria by Shell Nigeria Exploration and Production Company (SNEPCo), in collaboration with Sunlink Energies…

BP-ADNOC JV Secures Rights for Harmattan Field Offshore Egypt

Nov 07, 2025

Arcius Energy, a joint venture between ADNOC’s XRG and BP, has secured full production and exploration rights for the Burj offshore concession in the Mediterranean, which includes Harmattan gas field offshore Egypt.The agreement was signed during…

Gunvor Faces Financing and Regulatory Hurdles in Lukoil Deal

Nov 07, 2025

Russian energy group Lukoil's foreign empire is suitor Gunvor's biggest acquisition target to date but looks far beyond the Swiss trader's borrowing capacity, bankers and insiders say.Lukoil launched the sale of foreign assets on October 27 after coming under fresh U…

Shell-Led LNG Canada Starts Production at Second Processing Unit

Nov 06, 2025

LNG Canada has started production of liquefied natural gas at the second of its two processing units, known as Train 2, the company said.Both trains at the Shell-led project in Kitimat, British Columbia - each with a capacity of 6.5 million metric tons per annum - are now operational…

ARB Wind Awarded Multi-Year Contract by NnG Wind Farm

Nov 06, 2025

ARB Wind, specialist in asset integrity services to the UK’s wind energy sector, has been awarded a significant contract by Neart na Gaoithe (NnG) Offshore Wind Limited.The balance of plant, inspection & maintenance, and above water foundations inspections contract…

A Whole Lot of Structural Integrity Tools

Nov 06, 2025

Aker BP is already using AI to shape the future of its subsea infrastructure integrity management. The company plans to more than double its subsea infrastructure by 2027 and is moving toward a new operational paradigm.“Our vision is to deliver…

Exxon Signs Deal for Natural Gas Exploration Offshore Greece

Nov 06, 2025

Exxon Mobil has signed a deal to explore for natural gas offshore Greece, increasing the U.S. presence in the eastern Mediterranean just as the Trump administration seeks to replace Russian energy flows into Europe.The United States, which holds vast reserves of domestic natural gas…

Seadrill Announces Q3 2025 Results

Nov 06, 2025

Seadrill Limited announced its third quarter 2025 results.Quarterly Highlights:Secured contract awards across five rigs, adding over $300 million to Order Backlog.West Gemini, Sonangol Libongos and Sonangol Quenguela secured an estimated 1,000 days of incremental work in Angola…

TGS and Chevron Sign Data Acquisition Deal

Nov 05, 2025

TGS and Chevron have signed a three-year capacity agreement for marine streamer and OBN acquisition services.The minimum firm commitment under the three-year term of the capacity agreement is 18 months of a combination of OBN and streamer acquisition services…

W&T Offshore Reports Strong Production, Reduced Debt

Nov 05, 2025

W&T Offshore has reported operational and financial results for the third quarter demonstrating increased production to 35.6 thousand barrels of oil equivalent per day (“MBoe/d”) (49% liquids), near the high end of guidance, and a reported net loss of $71…

Aker Solutions Secures Contract from ExxonMobil Canada

Nov 05, 2025

Aker Solutions has signed a five-year enabling contract with ExxonMobil Canada Properties, a partnership, as operator of the Hebron platform. The contract is an extension for brownfield maintenance and modification (M&M) services on the Hebron platform…

Borr Drilling Announces Revenue Lift

Nov 05, 2025

Borr Drilling has announced unaudited results for the nine months ended September 30, reporting total operating revenues of $277.1 million, an increase of $9.4 million or 4% compared to the second quarter of 2025.Net income of $27.8 million was a decrease of $7…

DeepOcean and Jana Marine Enter Saudi Arabia Subsea Partnership

Nov 05, 2025

Ocean services provider DeepOcean and Saudi Arabia-based Jana Marine Services have signed a heads of terms agreement to establish a joint venture company that will offer integrated subsea solutions to the offshore energy industry in the Middle East…

Orsted Has No Plans to Merge with Equinor's Renewables Unit

Nov 05, 2025

Danish offshore wind giant Orsted said on Wednesday that it had no plans to take over the renewables business of Equinor, its second biggest shareholder, which has proposed closer ties between the companies.Norwegian oil, gas and renewables group Equinor…

Current News

Poland Allocates 3.4 GW Capacity in Offshore Wind Auction

Poland Allocates 3.4 GW Capaci

Eni Finalizes CCS Partnership with Blackrock-Backed GIP

Eni Finalizes CCS Partnership

DOF Bags Multiple Vessel Deals with Petrobras in Brazil

DOF Bags Multiple Vessel Deals

Ithaca Extends Stay of Prosafe’s Safe Caledonia Flotel in Norh Sea

Ithaca Extends Stay of Prosafe

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