Northern Gulf Petroleum News

 

Technip Energies to Supply CO2 Loading Arms for Northern Lights CCS Project

Nov 17, 2025

Technip Energies Loading Systems has secured a contract to supply three fully electric marine loading arms for phase 2 of the Northern Lights CO2 transport and storage project in Øygarden, Norway.The loading solution will be installed at the…

Odfjell Drilling Buys One Semi-Sub Rig, Finds Work for Another

Nov 17, 2025

Offshore drilling contractor Odfjell Drilling has signed a $480 million deal to acquire Deepsea Bollsta semi-submersible drilling rig from Northern Ocean, while securing also securing a job for its Deepsea Aberdeen rig.Deepsea Bollsta has been…

Norway Court Rules Against Oilfield Developments

Nov 14, 2025

A Norwegian appeals court ruled in favour of environmentalists and against the government on Friday by confirming a lower court's decision that the energy ministry's approval of the development of three offshore oil and gas fields was invalid…

Yellowtail Ramp-Up Brings Guyana’s Offshore Output to New Heights

Nov 14, 2025

ExxonMobil Guyana and its Stabroek block co-venturers, Hess Guyana Exploration and CNOOC Petroleum Guyana, have reached a new milestone in the South American country, with the production rising to 900,000 barrels of oil daily.The achievement…

Equinor Hires DeepOcean for Subsea Job at Snorre Gas Field Expansion

Nov 13, 2025

Ocean services provider DeepOcean has been awarded a contract by Equinor to provide various subsea construction and installation activities as part of the Snorre Export and Import Gas Project (SNEIG) for offshore execution in 2026.The SNEIG project is part of the broader Snorre Expansion Project…

Gulf Island Reports Strong Third Quarter

Nov 12, 2025

Gulf Island Fabrication has reported strong third-quarter results with revenue of $51.5 million and adjusted EBITDA of $2.5 million, despite softer trends in its services business, a decline in small-scale fabrication activity and anticipated losses from the recently acquired Englobal business…

Eneos Warns on Skyrocketing Costs fo Offshore Wind

Nov 12, 2025

Eneos Holdings, Japan's top oil refiner which has been expanding into renewable energy, on Wednesday warned of the surging cost of developing its offshore wind project, with its CEO saying returns were difficult to achieve.Eneos unit, Japan Renewable Energy…

Viridien, TGS Deliver Results of OBN Survey in Gulf of America

Nov 12, 2025

Viridien, in collaboration with TGS, has made available the early out results from the Laconia Phase III ultra-long offset ocean bottom node (OBN) survey in the Gulf of America.The initial 5Hz Acoustic TLFWI (AFWI) Ocean Bottom Node (OBN) products from the Laconia Phase III survey are now available…

Rhino Resources Prolongs Deepsea Mira's Stay off Namibia

Nov 12, 2025

Offshore drilling contractor Northern Ocean and oil and gas firm Rhino Resources have signed a contract extension for Deepsea Mira semi-submersible drilling rig for work offshore Namibia.The contract for Deepsea Mira with Rhino Resources, signed in July 2025…

Nigeria to Launch 2025 Oil Licensing Round in December

Nov 12, 2025

Nigeria will begin a fresh round of oil licensee auction from next month, the oil regulator said on Tuesday in London, as part of plans to revive idle assets and grow production.'We are announcing that we are ready, following the approval of…

Danos Names Luis Otero General Manager of Outsourced Operations and Decommissioning

Nov 11, 2025

Danos has hired Luis Otero as general manager of outsourced operations and decommissioning, a new leadership role focused on expanding the company’s decommissioning portfolio in the Gulf of America and launching its outsourced operations service line…

Offshore Service Vessels: Regional Bright Spots Emerge

Nov 11, 2025

As oil exploration and production goes, so goes the market for Offshore Service Vessels (OSVs) and Platform Supply Vessels (PSVs). Throughout 2025, the prices of oil- which drives exploration and production (E & P), have softened, moving down…

Ming Yang, Buhawind Join Forces for 2GW Floating Wind Project in Philippines

Nov 11, 2025

Ming Yang Smart Energy has signed a Memorandum of Understanding (MoU) with Buhawind Energy Northern Luzon Corp. (BENLC) for a joint feasibility study on BENLC’s planned 2 GW offshore wind project in Ilocos Norte, Northern Luzon.Under the MoU…

BOEM Advances Offshore Minerals Planning Efforts in American Samoa, Northern Mariana Islands

Nov 10, 2025

The Bureau of Ocean Energy Management announced key developments in its offshore critical minerals planning, with the completion of Area Identification offshore American Samoa and the release of a Request for Information and Interest for the Commonwealth of the Northern Mariana Islands…

Greece, US Seal 20-Year LNG Supply Pact to Replace Russian Gas

Nov 10, 2025

Greece agreed on Friday to import 700 million cubic metres of U.S. liquefied natural gas per year starting in 2030 in its first long-term deal with Washington, which seeks to replace Russian supplies to Europe.The 20-year deal aims to boost U…

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Jan De Nul Wraps Up Cable Inst

Deepsea Bollsta Rig Gets New Name as Odfjell Drilling Takes Ownership

Deepsea Bollsta Rig Gets New N

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