Energy data and intelligence provider TGS has completed the sale of its North American well data products business to Enverus for a purchase price exceeding $100 million.The transaction includes $100 million payable at closing and an additional…
The Renewables Infrastructure Group (TRIG) has signed a sale and purchase agreement to divest its 17.5% stake in Scotland's 588 MW Beatrice offshore wind farm for about $207 million (£155 million).The agreement follows TRIG's June 15 announcement that funds managed by Equitix Investment Management…
ExxonMobil and its partners will invest $1 billion in the Usan Infill Project offshore Nigeria, a development expected to add 40,000 barrels per day (bpd) of oil production, Nigeria's upstream regulator said on Wednesday.The Nigerian Upstream…
A Key Locking the Courthouse Doors Unless Precisely and Appropriately TargetedThe U.S. Court of Appeals for the Fifth Circuit’s May 2026 ruling in Hill v. Jackson Offshore1 makes it clear: broadly challenging an arbitration agreement won’t get you into court…
The PlemCat floating offshore wind test site in the Spanish Mediterranean has secured a favorable Environmental Impact Assessment (EIA), clearing a key regulatory hurdle for deployment of X1 Wind's 8.5 MW X100 platform under the NextFloat project…
The U.S. Bureau of Ocean Energy Management (BOEM) has issued the final notice for its third Gulf of America offshore lease sale required under the One Big Beautiful Bill Act, offering about 80.4 million acres on the U.S. Outer Continental Shelf…
BluEnergies and TotalEnergies have advanced a work program across blocks LB-26, LB-30 and LB-31 in the Harper Basin offshore Liberia aimed at confirming and improving drillable prospects.The program includes reprocessing 6,167 square kilometers of 3D seismic data…
Eni Muara Bakau, a subsidiary of Eni-Petronas joint venture Searah, has extended a drilling job for Ventura Offshore’s SSV Catarina semi-submersible rig, operating offshore Indonesia.Eni Muara Bakau has exercised an option for a fourth well and a tophole in Indonesia for the the SSV Catarina…
Nigeria's UTM Offshore said on Tuesday it had secured a 15-year gas supply agreement, removing a major obstacle to a final investment decision on its $3 billion floating liquefied natural gas (FLNG) project, now expected in the fourth quarter after delays…
Brazilian state-run oil firm Petrobras signed an agreement committing to bring 335 offshore wells into technical compliance, oil and gas regulator ANP said in a statement on Tuesday.Under the signed agreement, Petrobras has until the end of 2030 to comply with the rules…
DOF Group ASA announced a large contract award for Subsea Construction and Pre Commissioning Support services in the APAC Region.Skandi Inventor will be deployed for the execution of the offshore operations scheduled to commence in Q4 2026 in North Australian waters…
Bahri Logistics, a business unit of Bahri, the Kingdom’s leading shipping, maritime transportation, and logistics company has signed a newbuild agreement with Grandweld Shipyard for the construction of two offshore service vessels.The two vessels…
Oceaneering International, Inc. has announced that its Brazilian subsidiary, Marine Production Systems do Brasil LTDA (MPS), won a contract from Petróleo Brasileiro S.A. (Petrobras) to deliver ROV services offshore Brazil. The award follows a competitive tender process…
TechnipFMC has secured a contract from Eni for the Baleine Phase 3 development offshore Côte d’Ivoire, with the award valued at between $75 million and $250 million under the company's contract classification.TechnipFMC will design and manufacture…
Equinor has agreed to acquire BP’s interest in the Bay du Nord project offshore Canada, increasing its ownership to 100% as it advances the development towards a final investment decision (FID) planned for early 2027.The transaction reflects…
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