Amplitude Energy has taken a final investment decision (FID) on the development phase of its East Coast Supply Project (ECSP) in Australia's Otway Basin, targeting first gas in 2028 and gross production of up to about 90 terajoules per day.The…
Well integrity and decom specialist Unity has launched an ultra-compact blowout preventer valve designed to enable well intervention in space-constrained offshore environments where conventional Blowout Preventer (BOP) systems cannot be deployed…
China-based BOMESC Offshore Engineering's wholly owned subsidiary Tianjin BOMESC has signed a contract with SBM Offshore for the design, procurement and construction of topside modules for a floating production, storage and offloading (FPSO) destined for South America…
ACUA Ocean and Forssea Robotics have completed trials combining an uncrewed surface vessel (USV) with a remotely operated vehicle (ROV) for fully remote subsea inspection and light intervention operations off Plymouth in the UK.The three-week…
SLB has been awarded four integrated well construction contracts by Aramco covering more than 450 oil and gas wells across Saudi Arabia over an initial three-year period.Each contract includes an option to extend the work by up to two years…
Ventura Offshore has agreed a contract amendment with two subsidiaries of Eni and Petronas joint venture Searah for an additional well offshore Indonesia, adding about $21.7 million to the firm backlog of its SSV Catarina semi-submersible drilling rig…
Expro has secured a major integrated well services contract from an undisclosed Canadian operator for a 14-well life-extension campaign offshore Newfoundland, with work expected to start in the first quarter of 2027.The multi-product line contract covers services across Expro's Well Construction…
Transocean has been awarded a two-well contract for its Deepwater Conqueror ultra-deepwater drillship in Equatorial Guinea, adding about $80 million to the offshore driller's backlog.The approximately 170-day campaign with an undisclosed operator is expected to begin in 2027…
Spinergie, an Intelligence & Operations platform, announced its expansion into offshore logistics with a solution for planning, managing and optimizing personnel and cargo logistics for the offshore energy sector. The platform is designed to…
Argentina's government has presented a bill to crack down on companies operating in the Falkland Islands, potentially escalating tensions with the United Kingdom over the territory that is controlled by Britain but claimed by Argentina.The proposal…
Global LNG prices could shoot higher this winter as Europe holds its lowest stocks in years and North Asian buyers face increased competition with the Strait of Hormuz still closed, executives said at an industry conference this week.Europe…
The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 25/9-5 S in production license 1042, operated by Equinor with 30% working interest.Its partners are Aker BP with 40% share and Vår Energi with 30% working interest…
Borr Drilling has agreed to sell its 51% stake in two Mexican joint ventures to its local partner, while retaining ownership of three jack-up rigs working for Pemex and continuing to participate in their underlying contracts through bareboat charters…
MODEC and Eld Energy have completed a key qualification stage for a solid oxide fuel cell power system designed for floating production, storage and offloading (FPSO) units, advancing plans to test the technology using produced gas on an operating offshore unit…
Odfjell Drilling has received a letter of award from Vår Energi for a three-year drilling campaign with the Deepsea Bergen rig starting in early 2028, with the firm backlog valued at about $518 million.The work will begin after completion of…