Oil And Gas News

 

Chevron Set to Drill Exploration Well off Suriname Later in October

Oct 13, 2025

Chevron Suriname Exploration, a subsidiary of U.S. oil major Chevron, is about to start drilling the Korikori-1 exploration well in Block 5, offshore Suriname.The drilling operation, planned to start later in October, will be conducted with Noble Corporation’s Noble Regina Allen jack-up rig…

Equinor Scraps Offshore Electrification Plans as Costs Mount

Oct 13, 2025

Equinor has scrapped plans to cut greenhouse gas emissions by connecting several offshore platforms to Norway's onshore power grid, the company told the government on Friday, citing soaring costs.The oil and gas sector is Norway's largest source of climate emissions…

Tanker Delivers Arctic LNG 2 Cargo to Chinese Port

Oct 10, 2025

A tanker carrying liquefied natural gas from Russia's Arctic LNG 2 project has discharged it at a Chinese port, according to data from analytics firms Kpler and Vortexa, continuing supplies despite Western sanctions against the project.The La…

United Oil & Gas Signs Up TDI-Brooks for Survey Offshore Jamaica

Oct 10, 2025

United Oil & Gas has signed a non-binding memorandum of understanding (MoU) with TDI-Brooks to secure a specialist survey vessel for a campaign offshore Jamaica.The work is related to the planned piston coring and surface geochemical program on the company’s Walton Morant Licence…

BP Wins $1B Arbitration Case Against Venture Global Over LNG Shipments

Oct 10, 2025

BP has won its arbitration case against Venture Global over the U.S. supplier's failure to deliver liquefied natural gas under a long-term contract that was due to start in late 2022, Venture Global said on Thursday.The International Chamber…

Beacon Offshore’s Shenandoah FPS Marks Deepwater Production Milestone

Oct 10, 2025

Texas-based exploration and production company Beacon Offshore Energy has completed the ramp-up of the four development wells as part of the first phase of its operated deepwater Shenandoah field, reaching the target rate of 100,000 bopd/117…

Greece Targets Year-End to Complete Chevron Offshore Gas Exploration Deal

Oct 10, 2025

Greece is working hard to finalize a contract with U.S. oil major Chevron and its Greek partner Helleniq Energy for energy exploration offshore Greece by the end of the year, the country's energy minister said on Friday.Chevron and Greece's…

Revolute Robotics Rolls Out Driving-Flying Drone

Oct 09, 2025

From oil pipelines and storage tanks to security zones and disaster sites, current methods for remote inspection often rely on a mix of drones, rovers, crawlers, and other specialized systems. That complexity increases costs, slows deployment…

US Gives Go-Ahead to Shell, Trinidad for Venezuelan Offshore Gas Field

Oct 09, 2025

The U.S. government has granted an authorization for energy major Shell and Trinidad and Tobago to develop an offshore gas field in Venezuela close to the maritime border, Trinidad's attorney general said on Thursday.The prominent project, aimed to supply Trinidad with Venezuelan gas…

Deepsea Yantai Semi-Sub Cleared for OKEA Drilling Job

Oct 09, 2025

The Norwegian Ocean Industry Authority (Havtil) has granted OKEA a consent to use Deepsea Yantai semi-submersible rig for production drilling on the Draugen field in the Norwegian Sea.Draugen is a field in the southern part of the Norwegian Sea…

Fincantieri’s Ramazel to Supply Rock Laying System for Jan de Nul’s Vessel

Oct 09, 2025

Remazel, a company of the Fincantieri Group, has signed a contract with Jan De Nul for the supply of mission-critical equipment for a newbuild vessel.The contract covers the design and supply of an advanced system for transporting and laying rocks on the seabed to protect cables and pipelines…

Sintana-Challenger Merger to Boost Exploration in Southern Atlantic

Oct 09, 2025

Oil and gas company Sintana Energy has agreed to acquire Challenger Energy, which holds interest in two blocks offshore Uruguay as well as other assets in broader region.The all-share transaction, valued at about $60 million, will create a combined…

KOIL Energy to Supply Subsea Equipment for Gulf of America Project

Oct 09, 2025

U.S subsea equipment and services provider for oil and gas sector KOIL Energy has secured a contract to deliver subsea distribution equipment for a project in the Gulf of America.As part of the contract, KOIL Energy will supply six Steel Tube Flying Leads (subsea umbilical) and associated equipment…

Petrobras Awaits Brazil's Drilling Permit as Idle Drillship Costs Mount

Oct 09, 2025

Brazilian state-run oil firm Petrobras has racked up 180 million reais ($33.7 million) in costs to keep a drillship on standby in the Foz do Amazonas basin, a company source and a local union said, as it awaits a regulator's decision on a drilling request…

BP Starts Up Murlach Field in UK North Sea

Oct 09, 2025

BP has put its Murlach field in the U.K. North Sea into production, marking its sixth major project start-up in 2025.The two-well subsea tieback at Murlach adds a peak net production of around 15,000 boed to the BP-operated Eastern Trough Area Project (ETAP) in the central North Sea…

Current News

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BOEM Initiates Process for Pot

Jumbo Scoops Two Offshore Wind Contracts

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Wood Nets Long-Term Maintenanc

TechnipFMC to Supply Subsea Systems for Chevron’s Gas Project off Australia

TechnipFMC to Supply Subsea Sy

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