Shearwater Geoservices has started the second season of acquisition for the Pelotas Basin multi-client 3D seismic survey in Brazil, conducted in partnership with Searcher Seismic.The new acquisition will be the sixth multi-client 3D project for the joint venture and will utilize the SW Empress…
U.K.-based oil firm Serica Energy has resumed production at Triton floating production storage and offloading (FPSO) unit in the North Sea, following the outage caused by a technical issue.Serica Energy said the production into the Triton FPSO resumed on December 27…
Tubular systems developer Global Gravity has appointed Tom Rasmussen, an industry expert with over 25 years of experience in offshore and oil and gas operations, as its chief executive officer (CEO).Tom Rasmussen took over the CEO role at Global Gravity on January 1…
U.S. oil and gas company Talos Energy has informed that Joseph Mills has resigned as Interim President and Chief Executive Officer (CEO) and a member of the board, as the appointment of permanent CEO reaches final stage.Joseph Mills will leave the company to pursue other opportunities…
Portuguese oil company Galp Energia is investigating an anonymous complaint about an alleged personal relationship between Chief Executive Filipe Silva and a company manager, economic website ECO reported on Saturday.Galp's ethics committee…
In 2024, Equinor’s Troll field in the North Sea produced more gas than ever before, while significantly reducing CO2 emissions.The Troll field in the North Sea has set a historic production record, delivering 42.5 billion standard cubic metres of natural gas in 2024…
Shares of Tullow Oil jumped over 14% on Friday after the West Africa-focused company was exempted from a $320 million tax on its Ghana operations.The International Chamber of Commerce (ICC) ruled that the Branch Profit Remittance Tax (BPRT)…
Australian oil and gas company Red Sky Energy has signed a risk service contract with the Angolan National Agency for Oil, Gas and Biofuels (ANPG), acquiring 35% interest in Sonangol-operated Block 6/24 in the Kwanza Basin, offshore Angola.Sonangol…
Singapore-based shipbuilder Strategic Marine has delivered its first Surface Effect Ship (SES) to All Energies Services (AES), specifically designed for offshore crew transfer operations within the oil and gas sector.The contract marks a major…
Dutch marine services firm Boskalis has announced the latest addition to its fleet, a giant subsea rock installation (SRI) vessel with a cargo capacity of 45,500 metric tons, which is set for delivery in the first quarter of 2026.The vessel…
A Finnish court today denied a request for the release of an oil tanker suspected by police of damaging an undersea power line and four telecommunications cables in the Baltic Sea last week. The incident was one of several since 2022 in which…
Asian spot liquefied natural gas (LNG) prices rose this week to a one-month peak, as the expiry of a transit deal for Russian gas through Ukraine caused uncertainty in Europe's gas outlook.The average LNG price for February delivery into Northeast Asia LNG-AS was $14…
Equinor's Hammerfest LNG plant in Arctic northern Norway has suffered an unexpected outage due to a compressor failure, halting all output for one week, according to a regulatory statement on the Gassco web site on Thursday.The Hammerfest plant…
Equinor’s Empire Wind 1 project in the United States has now secured a project financing package of over $3 billion, reaching a financial close at the end of December 2024.The expected total capital investments, including fees for the use of the South Brooklyn Marine Terminal (SBMT)…
Offshore drilling contractor Vantage Drilling and French energy major TotalEnergies have created a joint venture (JV) entity TEVA Ship Charter, which will acquire Vantage’s drillship Tungsten Explorer.Subsequent to the completion of the current Tungsten Explorer contract in Congo…
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