Regions News

 

BP's Major Brazil Oil and Gas Find Boosts Equinor’s Prospects

Aug 06, 2025

BP's announcement on Monday of its largest global oil and gas discovery in 25 years in Brazil's offshore Santos basin bodes well for Equinor's nearby interests and strong appetite for an October auction of oil blocks in the region.Discoveries nearly two decades ago in the region, defined by vast deepwater fields under a thick layer of salt below the ocean floor, turned Brazil into one of the world's biggest oil producers…

Seatrium and Karpowership Team Up on Powerships and FSRU Conversions

Aug 13, 2025

Seatrium has signed a Letter of Intent (LOI) with Karpowership, a global energy company and the owner, operator, and builder of the world’s largest Powership (floating power plant) fleet.Under the LOI, Seatrium will carry out the integration of four New Generation Powerships…

Saipem Marks First Steel Cut for Tangguh UCC Project at Karimun Yard

Aug 13, 2025

The First Steel Cutting ceremony took place at Saipem’s Karimun fabrication yard, marking the official start of construction activities for the Tangguh UCC project, awarded by bp Indonesia.The event was attended by representatives of the client…

Full Remote Five-Plug Cenenting Ops in Saudi Arabia

Aug 11, 2025

Expro delivered what is said to be the world’s first fully remote five-plug cementing operation in the Kingdom of Saudi Arabia.The milestone operation, executed using Expro’s Generation-X Remote Plug Launcher (RPL) and proprietary SkyHook cement-line make-up device…

Synera and Dong Fang Offshore Sign 15-Year Offshore Wind SOV Deal

Aug 08, 2025

Asia-Pacific region offshore wind developer Synera Renewable Energy (SRE) has awarded a 15-year service contract to Dong Fang Offshore (DFO) for the provision of a service operations vessel (SOV) to support the operations and maintenance (O&M) of SRE’s offshore wind assets…

Cheniere, JERA Ink Long-Term LNG Sale and Purchase Agreement

Aug 08, 2025

Cheniere Energy, through Cheniere Marketing, and JERA have signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA), running until 2050.Under the SPA, JERA has agreed to purchase approximately 1.0 million tonnes per annum…

SBM Offshore Ups 2025 Revenue Forecast After Strong Half-Year Results

Aug 07, 2025

Dutch oil and gas services company SBM Offshore raised its full-year core profit and revenue forecasts on Thursday, following a strong financial performance in the first half of 2025.The company, which provides floating production services to the offshore energy industry…

Saudi Rig Owner ADES to Buy Shelf Drilling in $380M Deal

Aug 05, 2025

Saudi Arabian oil and gas drilling contractor ADES International Holding has agreed to buy rival rig firm Shelf Drilling for $379.8 million.The transaction is expected to close in the fourth quarter of 2025 subject to customary closing conditions…

Fugro to Deliver Offshore Surveys at Major Energy Fields in Middle East

Aug 01, 2025

Dutch geological data specialist Fugro has been selected to deliver extensive offshore and onshore surveys for multiple major energy field developments in the Middle East.Fugro has recently been awarded multiple contracts to perform comprehensive…

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

Jul 30, 2025

India’s Oil and Natural Gas Corporation (ONGC), BP Exploration (Alpha), and Reliance Industries (RIL) have signed a joint operating agreement (JOA) to explore offshore Block GS-OSHP-2022/2 in India’s Saurashtra Basin.The agreement, formalized at ONGC’s headquarters in New Delhi on July 28…

Japan Utility's Offshore Wind Feasibility Assessment Still on Agenda

Jul 29, 2025

Chubu Electric Power said on Tuesday its C-Tech unit is still reviewing the feasibility of domestic offshore wind projects with its partner and aims to complete the assessment around this summer.In 2021, Mitsubishi Corp, together with C-Tech…

Arabian Drilling Books First Offshore Contract Outside Saudi Arabia

Jul 29, 2025

Arabian Drilling, Saudi Arabia’s largest drilling contractor by fleet size, has signed a contract with a GCC-based company for its first offshore operation outside Saudi Arabia.The deal, signed with an undisclosed GCC-based energy company, is primarily for offshore exploration drilling…

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

Jul 28, 2025

Yinson Production, via its joint venture PTSC South East Asia (PTSC SEA), has secured a lease and operate contract for a new floating storage and offloading (FSO) unit for Vietnam’s offshore Block B gas development.The contract was awarded by Phu Quoc Petroleum Operating Company (PQPOC)…

Shelf Drilling Secures Work for Jack-Up Rigs in UK and Egypt

Jul 28, 2025

Offshore drilling contractor Shelf Drilling has secured work for two of its jack-up drilling rigs in U.K. and Egypt, under new contracts and extensions worth collectively around $35 million.Shelf Drilling has signed a one-year extension for…

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Jul 25, 2025

Canada-based oil and gas company Valeura Energy has signed a farm-in agreement with Thailand’s state-backed PTTEP to acquire a 40% interest in offshore Blocks G1/65 and G3/65 in the Gulf of Thailand, marking a major expansion of its regional footprint…

Current News

Seatrium and Karpowership Team Up on Powerships and FSRU Conversions

Seatrium and Karpowership Team

Kent Wins Timor Sea Contract

Kent Wins Timor Sea Contract

Halliburton to Deliver Well Simulation Services to ConocoPhillips

Halliburton to Deliver Well Si

NSTA Hosts Speakers and Demonstrations at Offshore Europe

NSTA Hosts Speakers and Demons

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