Reach Subsea has completed a subsea inspection campaign for TotalEnergies, carried out in the Skirne, Byggve, and Atla fields on the Norwegian Continental Shelf.The project was delivered using Reach Remote 1, an unmanned surface vessel equipped with an electric ROV…
DOF Group ASA's revenue for 2nd quarter (management reporting) totals USD 507 million (USD 361 million) and EBITDA totals USD 214 million (USD 122 million). The operating profit (EBIT) is USD 150 million (USD 111 million). Net financial gain…
Norway's combined oil and gas production exceeded an official forecast by 3.9% in July, the Norwegian Offshore Directorate (NOD) said on Wednesday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies…
Oceaneering International has announced today that its Integrity Management and Digital Solutions segment has renewed its contract with a major operator for inspection services in West Africa.Oceaneering’s scope of work includes non-destructive testing…
Brazil's Transpetro, the logistics subsidiary of state-run oil firm Petrobras, is set to relaunch a tender for building barges after low interest in a May bidding process, Transpetro Chief Executive Sergio Bacci said on Tuesday.In May the firm…
U.S. President Donald Trump's administration on Tuesday unveiled a comprehensive schedule to hold more than 30 offshore oil and gas lease sales in the Gulf of Mexico and Alaska's Cook Inlet over the next 15 years.The plan fulfills a directive in Trump's One Big Beautiful Bill Act…
Australia's Woodside Energy recorded a 24% fall in its first-half profit on Tuesday, mainly due to lower average realized prices and depreciation costs associated with its Sangomar oil project in Senegal.The company's average realized price for its products was $61…
Digital twin technology company Aize has signed a Memorandum of Understanding (MoU) with McDermott to strengthen its presence and collaboration in the Middle East.The MoU spans the entire project lifecycle - from EPC through pre-operations to full operations…
Optimistic over Angola’s untapped gas potential, Azule Energy is considering another gas exploration well after leading the country’s first drilling campaign targeting gas and hitting success last month, the CEO told Reuters.Angola expects gas…
A South African court has rescinded an environmental authorisation granted to TotalEnergies and its joint venture partner Shell to explore for oil in a block off the Cape coast, a court judgment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…
Norwegian oil and gas investments are expected to peak this year, and start declining next year as major projects are completed, a statistics office survey of industry players showed on Thursday.Norway produces about 2% of global oil, and became…
Kent has been awarded a new technical advisory services contract by the Australian Government to support the permanent plugging and abandonment of the Laminaria-Corallina oil fields in the Timor Sea.The contract also includes advisory services…
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…
Exxon Mobil could invest as much as $21.7 billion in Trinidad and Tobago if the U.S. energy major finds reserves in a large deepwater area it was awarded on Tuesday to explore for oil and gas in the Caribbean country, Energy Minister Roodal Moonilal said…
The Johan Castberg field is important to the further development of the Barents Sea, says the Norwegian Petroleum Directorate, as it will be producing oil for many years to come, and new discoveries can be incorporated.The Johan Castberg oil field came on stream in March…
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