Esso Australia, ExxonMobil’s Australian subsidiary, has started drilling for the nearly $200 million Kipper 1B project, which will bring online much-needed additional gas supply from the Gippsland Basin.The project is using Valaris’ VALARIS 107 jack-up rig to drill and install one subsea well in the Kipper field and will involve significant upgrades to the West Tuna platform.Kipper 1B will deliver crucial gas supplies to the Australian domestic market before winter 2026…
Offshore well plug and abandonment specialist Well-Safe Solutions has secured a multi-year contract by EnQuest for decommissioning work in the U.K. North Sea.The firm scope, expected to generate revenue in excess of $45 million, will be executed…
North Sea-focused Harbour Energy raised its annual free cash flow and production forecast on Thursday, bolstered by robust production following the integration of the Wintershall Dea portfolio and cost control in the first half of the year.The…
Japan’s Inpex Corporation has started Front End Engineering and Design (FEED) work for the onshore liquefied natural gas (LNG) plant component of the Abadi LNG project in Indonesia’s Masela Block.The start of the FEED phase for the onshore LNG…
Norwegian oil and gas firm OKEA has spudded the first of two production wells at Bestla development, formerly known as Brasse, in the North Sea using Odfjell Drilling’s Deepsea Yantai rig.The well is being drilled by the rig Deepsea Yantai from the Bestla Subsea Template…
BP has started up the Argos Southwest Extension project in the U.S. Gulf of America, adding 20,000 barrels of oil equivalent per day (boe/d) in production at the existing Argos platform.Argos Southwest Extension is bp’s fifth major project start-up in 2025…
Taihan has secured a turnkey contract to supply and install over 100 kilometers of inter-array subsea cables for Korea’s largest offshore wind development, the Anma offshore wind power project.The contract, valued at approximately $129.3 million (KRW 181…
Inpex Masela, a subsidiary of Japan’s Inpex and the operator of the Abadi liquefied natural gas (LNG) project in the Masela Block in Indonesia, has started Front End Engineering and Design (FEED) work for the scheme, with Saipem, Worley, Technip…
Italian energy contractor Saipem has completed the installation of the subsea pipeline for the Irpa project, developed by Equinor in the Norwegian Sea.Offshore operations were carried out by the pipelay vessel Castorone, one of Saipem's flagship vessels…
The Scottish Government has granted consent and marine licenses for SSE Renewables’ 4.1 GW Berwick Bank offshore wind farm, which could become the world’s largest offshore wind farm.The Section 36 consent determination by Scottish ministers…
French subsea power cable maker and services provider Nexans has formed partnership with Crowley Wind Services to develop and operate a Jones Act compliant cable lay barge. The cable lay barge will be dedicated to supporting the installation…
Energy industry services firm EnerMech has been awarded a two-year contract extension by BP Trinidad & Tobago to continue providing crane operations on the operator’s 12 offshore platforms in the Caribbean country.Project scope includes crane operations…
Abu Dhabi state-owned renewables company Masdar reported a 2024 profit of 412 million dirhams ($112.18 million) on Thursday, reversing a 44-million-dirham net loss recorded the previous year.The company's total assets more than tripled in the year ending December 31…
Italian offshore services provider Next Geosolutions (NextGeo) has secured two new contracts from Prysmian, worth $23.5 million, to deliver its services for Bay of Biscay interconnection project and offshore wind farm developments in the Netherlands…
U.S.-based subsea services and technology firm Oceaneering has completed a major upgrade of its Ocean Intervention II oceanographic research vessel, equipping it to perform simultaneous autonomous offshore survey missions.The retrofit, carried out in early 2025 on the 25-year-old vessel…
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