%22Northern Lights%22 News

Golden Software Expands 3D Drillhole Visualization, Overall Usability in Surfer Mapping Package

Sep 10, 2025

Golden Software has continued to enhance the 3D drillhole viewing functionality in the latest release of its Surfer mapping and 3D visualization software package. Overall, the new version of Surfer provides users with several upgrades to save time and streamline creation of subsurface maps…

Jotun FPSO Reaches Peak Production Ahead of Schedule

Sep 10, 2025

Norwegian oil and gas company Vår Energi has informed that the Jotun floating production, storage and offloading (FPSO) unit, deployed at the Balder field in the North Sea, reached peak production ahead of schedule.The Jotun FPSO is now producing…

Northern Lights CCS Project Stores First CO2 Below Seabed off Norway

Aug 25, 2025

TotalEnergies and its partners, Equinor and Shell, have injected the first CO2 volumes 2,600 meters below the seabed off the coast of Western Norway as part of Northern Lights carbon capture and storage (CCS) project.The first CO2 volumes were…

CNOOC Brings Online Another Oil and Gas Project in South China Sea

Sep 04, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production from the Wenchang 16-2 oil field development project in the northern part of South China Sea.The project is located in the western Pearl River Mouth Basin…

Liebherr to Supply Offshore Cranes for HD Hyundai-Built FPU Bound for Mexico

Sep 03, 2025

Crane specialist Liebherr will deliver two BOS 4200 offshore cranes to South Korea’s HD Hyundai Heavy Industries for installation on a floating production unit (FPU) destined for Mexico’s Trion oil field.The BOS 4200 cranes, each with a lifting…

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…

BW Offshore Selected as Preferred Bidder for Canada’s First Deepwater FPSO

Sep 01, 2025

BW Offshore has signed a Head of Agreement (HoA) with Equinor Canada, confirming its selection as preferred bidder for the Floating Production, Storage and Offloading (FPSO) unit for the Bay du Nord project offshore Newfoundland and Labrador in Canada…

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…

Santos Grants More Time for Finalization of $18.7B ADNOC-Led Takeover Offer

Aug 26, 2025

Australian gas producer Santos on Monday agreed to further extend the exclusivity period for an $18.7 billion takeover bid from a group led by Abu Dhabi National Oil Co (ADNOC), and reported a better-than-feared 22% drop in first-half profit…

Australia’s Novocastrian Offshore Wind Project Stalled

Aug 24, 2025

Equinor has pulled out of the Australian Novocastrian Offshore Wind Farm project which was planned for a location about 20 kilometers offshore from off Newcastle.It was partnered with Australian company Oceanex on the A$10 billion ($6.5 billion)…

Saipem Milestone in Guyana Yellowtail Project

Aug 18, 2025

Saipem reports it has successfully completed its designated scope of work for the development of the Yellowtail field, operated by ExxonMobil Guyana Ltd., locatedin approximately 1,800m of water within the Stabroek Block offshore Guyana.Awarded the contract in 2022…

Glamox to Illuminate Taiwan’s Fengmiao Offshore Wind Farm

Aug 05, 2025

Lighting specialist Glamox has secured contracts to light the wind turbine foundation transition pieces for the Fengmiao wind farm, to be located near Taichung, offshore Taiwan.Glamox will provide approximately 920 marine-certified LED luminaires…

Santos Extends Exclusivity Period for XRG Consortium

Aug 13, 2025

Santos has agreed to extend the exclusivity period granted to a consortium to enable it to complete due diligence on the purchase.The consortium, led by XRG P.J.S.C., a subsidiary of Abu Dhabi National Oil Company and includes Abu Dhabi Development…

Brent Oil Prices Hover While Facing Geopolitical Tensions, WTI Weakens Further

Aug 13, 2025

Brent oil futures are hovering around $66–67 per barrel with mixed geopolitical signals, while West Texas Intermediate (WTI) has weakened relatively more.The US-China tariff truce extension by 90 days reduced bearish sentiment, while the uncertainty…

US Natural Gas Prices Drop 4% on Record Output

Aug 19, 2025

U.S. natural gas futures fell about 4% to a nine-month low on Tuesday on near-record output, ample fuel in stockpiles and forecasts for less hot weather and lower demand through early September than previously expected.Another factor weighing…

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