Oil And Gas News

 

INEOS Engages Semco Maritime for Long-Term Services in Danish North Sea

Jun 24, 2026

Energy services company Semco Maritime has secured a five-year framework agreement with INEOS to provide onshore and offshore services for the company's operations in the Danish part of the North Sea.The contract runs from June 2026 to May 2031 and includes options for two one-year extensions…

MODEC to Supply Mooring System for Coral Norte FLNG off Mozambique

Jun 24, 2026

Japanese offshore services company MODEC has secured a contract to supply a SOFEC internal turret mooring system for the Coral Norte floating liquefied natural gas (FLNG) project offshore Mozambique, being developed by Eni and its partners.MODEC…

Yinson Production Names FSO for Murphy's Lac Da Vang Project off Vietnam

Jun 24, 2026

Yinson Production has held a naming ceremony for the floating storage and offloading (FSO) unit PTSC Lac Da Vang ahead of the vessel's deployment to the Lac Da Vang oil project offshore Vietnam.The FSO vessel has been contracted to Murphy Cuu Long Bac Oil…

EnerMech Completes Pipeline Decom Job for Subsea7 in Gulf of Mexico

Jun 24, 2026

Energy services company EnerMech has completed a pipeline flushing and cleaning contract for Subsea7 as part of an offshore field decommissioning program in the Gulf of Mexico.The scope covered the flushing and cleaning of a long-distance deepwater…

Jadestone Brings First Malaysia Campaign Well Online at 3,000 bpd

Jun 24, 2026

Asia-Pacific focused upstream company Jadestone Energy has drilled and brought online its first well in the 2026 Malaysia infill drilling campaign on the PM323 production sharing contract, which now delivers around 3,000 barrels of oil per day (bpd)…

Saipem to Sell Saudi Shallow-Water Drilling Business to ADES for $285M

Jun 24, 2026

Italian energy services company Saipem has signed a binding agreement to sell its shallow-water drilling business in Saudi Arabia to ADES Saudi Limited Company for $285 million, as it seeks to focus on deepwater and harsh-environment offshore drilling…

Petrobras, Pemex Agree to Assess Joint Opportunities in Oil and Gas Sector

Jun 24, 2026

Brazil's state-controlled oil company Petrobras and Mexico's state oil producer Pemex have signed a memorandum of understanding (MoU) to establish strategic and technical cooperation on projects in the hydrocarbons sector, including exploration and production and industrial processes…

Nord Stream 2 Challenges EU's Russian Gas Phase-Out in Court

Jun 24, 2026

The owner of the Gazprom-controlled Nord Stream 2 gas pipeline is suing the European Union in the bloc's second-highest court, seeking to annul the EU's binding phase-out of gas imports from Russia, a public document showed.The EU approved a…

Brazil Clears Subsea7-Saipem Merger Without Conditions

Jun 24, 2026

The general superintendence of Brazil's antitrust watchdog CADE approved the proposed merger between energy contractors Subsea7 and Saipem without restrictions, a document seen by Reuters showed on Tuesday.The merger between two of the leading…

Petronas Makes New Gas Discovery Offshore Suriname

Jun 24, 2026

Malaysia's state-controlled energy producer Petronas has made another gas discovery at offshore Block 52 in Suriname, the South American country's President Jennifer Simons said on Tuesday, while a company executive said the block's eight discoveries…

Oman Opens Alternative Hormuz Lanes as Shipping Recovery Continues

Jun 24, 2026

Oman said it would keep the Strait of Hormuz open to shipping without imposing any tolls and had designated two temporary routes north and south of the existing shipping lane to facilitate the safe passage of vessels departing the region.In coordination with the International Maritime Organization…

Saipem Mobilizes for GranMorgu Oil Development off Suriname

Jun 23, 2026

Italian energy services company Saipem has launched operations for the GranMorgu offshore project in Suriname with the arrival of the multi-purpose construction vessel Normand Navigator at the Jules Sedney Harbour commercial port in Paramaribo…

Murphy Strikes Oil Offshore West Africa

Jun 23, 2026

U.S. firm Murphy Oil Corporation has discovered oil at its Bubale-1X exploration well offshore Côte d'Ivoire in West Africa.The Bubale-1X well, located in Block CI-709 around 40 miles (64 km) offshore Côte d'Ivoire, encountered 100 feet (30 meters) of net oil pay across two reservoirs…

ASCO Sets Up Shop in Qatar to Drive Middle East Expansion

Jun 23, 2026

Logistics and materials management company ASCO has opened its first office in the Middle East, establishing a presence in Qatar as it looks to expand its regional operations and support growing demand for logistics and environmental services…

ABL Expands Asset Integrity Services in Brazil

Jun 23, 2026

Energy and marine consultancy ABL has opened a new office in Salvador, Brazil, expanding its presence in the country and strengthening its asset integrity management offering for the oil and gas, maritime and industrial sectors.The new office…

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