Offshore Energy News

 

Reach Subsea’s USV Heads to Australia for Work with Woodside Energy

Aug 26, 2025

Norwegian subsea services firm Reach Subsea has sent off its Uncrewed Surface Vessel (USV) Reach Remote 2 to Australia to deliver services for Woodside Energy.The Reach Remote 2 USV will perform reservoir monitoring on the Scarborough gas field…

ExxonMobil Hires Shearwater for OBN Survey in Angola

Aug 26, 2025

Shearwater Geoservices has secured a deepwater Ocean Bottom Node (OBN) seismic survey work offshore Angola by ExxonMobil’s affiliate Esso Exploration Angola Block 15 Limited.The two-month project is scheduled to begin during the third quarter of 2025…

PXGEO Nets First Seismic Survey off Malaysia

Aug 25, 2025

Marine geophysical services company PXGEO has secured its first contract in Malaysia to deliver offshore seismic data acquisition services under a two-year agreement.The contract includes a minimum commitment of 365 days of acquisition activity…

TGS Lands Seismic Job Offshore Indonesia

Aug 25, 2025

Energy data and intelligence firm TGS has secured a large streamer contract offshore Indonesia, covering approximately 10,000 square kilometers.Much of the project will focus on acquiring 3D seismic data for exploration purposes, with the final…

Vard Secures Seismic Vessel Conversion Job

Aug 25, 2025

Norwegian shipbuilder Vard has signed a contract with Norway-based Sanco Shipping for the conversion of the seismic research vessel Sanco Sailor into a seismic source vessel.Sanco Shipping contracted PGS Apollo, now renamed Sanco Sailor, earlier in 2025…

Western Australia Can’t Wait [for a Decommissioning Hub]

Aug 21, 2025

The Northern Endeavour FPSO is being shipped by a Chinese heavy lift ship from Australia to Denmark for recycling.Installed between the Laminaria and Corallina oil fields in the Timor Sea and unproductive since 2019, its fate became the burden…

Profit Drop Prompts Woodside Exploration Cut

Aug 19, 2025

Woodside Energy WDS.AX said on Tuesday it will scale back exploration efforts and prioritise its $39 billion project pipeline to strengthen its balance sheet, after depreciation and decommissioning costs led to a slump in first-half profit.Woodside…

Panel Discusses Rising Tide of Renewables

Aug 19, 2025

A panel session at The Heavy Lift Group’s gathering in The Hague in May put its finger on a ‘hot button’ topic in offshore logistics by focusing on the responses required from industry to fast-changing developments in the renewables sector.The…

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…

Shape Reef AI to be Deployed in Brazil to Enhance Offshore Oil Safety

Aug 15, 2025

Shape Digital, Shell Brasil, MODEC Brasil and Unicamp signed a partnership to develop new methodologies for monitoring operational risks using artificial intelligence. The solution will be based on Shape Reef, a tool for operational process safety designed by Shape Digital…

The Gulf of America Can Lead in Carbon Storage, If Washington Acts

Aug 15, 2025

The United States has everything it needs to lead in offshore carbon capture and storage (CCS), except the rules to make it happen.Nearly four years ago, Congress gave the Department of the Interior authority to oversee offshore carbon sequestration…

Court Quashes TotalEnergies Oil Exploration Permit

Aug 14, 2025

A South African court has rescinded an environmental authorisation granted to TotalEnergies and its joint venture partner Shell to explore for oil in a block off the Cape coast, a court judgment seen by Reuters showed.However, the court said…

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Aug 13, 2025

The First Steel Cutting ceremony took place at Saipem’s Karimun fabrication yard, marking the official start of construction activities for the Tangguh UCC project, awarded by bp Indonesia.The event was attended by representatives of the client…

Saipem Wins FEED Contract For Abadi LNG Project FPSO Module In Indonesia

Aug 13, 2025

Saipem, through its subsidiary PT Saipem Indonesia, in its role as leader of the consortium which also includes PT Tripatra Engineers & Constructors, PT Tripatra Engineering, and PT McDermott Indonesia, has received formal notification of the…

Orsted Shares Plunge as it Seeks $9.4B to U.S. Wind Power Project

Aug 11, 2025

Shares in Orsted  plunged to a record low on Monday as the wind farm developer asked shareholders for $9.4 billion to help fund a U.S. project, after potential partners were put off by U.S. President Donald Trump's hostility to wind power.The 60 billion crowns ($9…

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