The joint venture partners in PEL 79 license, which include the National Petroleum Corporation of Namibia (NAMCOR) and Giraffe Energy Investments, have secured a 12-month extension to the exploration period for offshore blocks in Namibia’s Orange Basin…
Singapore-based mooring and anchoring specialist Mooreast Holdings has partnered with Norway-based GeoProvider to strengthen capabilities in offshore data analysis and enhance its value proposition to the floating offshore renewable energy market…
Viridien, in collaboration with joint venture partners TGS and Axxis Multi-client, has completed the final imaging of OMEGA Merge, to deliver a single, seamless and unified high-quality dataset across the Heimdal Terrace, Utsira, and Sleipner Ocean Bottom Node (OBN) multi-client surveys…
Fugro has secured a seven-year framework agreement with EirGrid, Ireland’s state-owned electricity transmission operator, to deliver a full suite of geo-data surveys for the 'Powering Up Offshore - South Coast' project.The initiative will develop…
Perenco has completed the acquisition of the Greater Angostura producing oil and gas assets and associated production facilities from Woodside Energy in Trinidad and Tobago.The finalization of the deal, combined with Perenco’s existing operation of the Teak…
Shell has been granted environmental authorisation to drill up to five deep-water wells off South Africa's west coast, the company said on Friday.The oil major applied for authorisation last year and plans to drill exploration or appraisal wells…
Norwegian data and intelligence firm TGS has signed a collaboration agreement with Equinor, aimed at advancing the digitalization of carbon capture and storage (CCS) operations at Northern Lights project.The agreement strengthens the ongoing…
U.K.-based oil firm EnQuest has completed the acquisition of Harbour Energy’s business in Vietnam, which holds a 53.125% equity interest in, and operatorship of, the Chim Sáo and Dua production fields.The completion of the acquisition has confirmed EnQuest as operator of the fields in Block 12W…
U.S. oil producer Hess Corp has decided to withdraw from Suriname's offshore Block 59, the South American nation's state oil firm Staatsolie said on Tuesday, adding the block would now return to Staatsolie.'Hess has fulfilled its minimum work…
Marine geophysical services company PXGEO has named Hans-Peter Burlid to the newly created position of Chief Strategy & Transformation Officer (CS&TO).Burlid, currently the organization’s CCO, will drive long-term strategic direction to deliver sustainable growth and lasting competitive advantage…
Fugro has formed a partnership with DTACT, a high-tech software company, and Ubotica, a specialist in AI-powered satellite intelligence, to develop a data fusion and intelligence platform for critical subsea infrastructure.The solution will…
Mitsui O.S.K. Lines (MOL) has signed a Memorandum of Understanding (MoU) with Kinetics, the energy transition initiative of global floating power leader Karpowership, to jointly develop a next-generation floating data center platform.Under the MoU…
Rosenxt UK, part of Switzerland-based Rosenxt Holding, has acquired selected assets and talent from subsea robotics and engineering firm Beam, which went into administration in May.The strategic move enhances Rosenxt’s subsea capabilities, reinforcing…
The arbitrators in a legal dispute between Exxon Mobil and Hess have reached a decision related to a major oilfield project in Guyana, according to two sources familiar with the matter.The ruling will determine whether Chevron can move forward with its $53 billion planned acquisition of Hess…
RightBridge Ventures Group has announced a proposed reverse acquisition of Swemar, which has entered into an agreement to acquire an offshore oil service company with operations across the Middle East, India, and South-East Asia.The company…
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