Shell has completed the sale of its 50% non-operated interest in the Na Kika platform and associated fields in the Gulf of America, along with its wholly-owned Coulomb tieback, receiving about $840 million in cash at closing.The assets were acquired by a subsidiary of Talos Energy and an affiliate of Ridgewood Energy, Shell said.Total consideration announced when the transaction was signed was $1.7 billion before customary adjustments and certain contingent payments…
HYDRA SUBSEA announced the execution of a commercial agreement with Shell Offshore Inc. for a standardized deepwater pipeline installation solution for selected short distance subsea tie-ins in the Gulf of America. Shell’s Appomattox gas lift line is the first project proposed…
Guardian Decommissioning and Wild Well Control have signed an agreement for the decommissioning of the Bullwinkle offshore platform in Green Canyon Block 65 in the U.S. Gulf, with well abandonment activities scheduled to begin in the fourth quarter of 2026…
Helix Energy Solutions Group, Inc. and Hornbeck Offshore Services, Inc. have completed the previously announced combination in an all-stock transaction.The combined company has assumed the Hornbeck Offshore Services, Inc. name and will begin trading on the New York Stock Exchange on September 2…
Tidewater Inc. has announced the completion of its acquisition of Wilson, Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively: WSUT), effective August 31, 2026.Quintin Kneen, Tidewater’s President and Chief Executive Officer…
TGS and Geophysical Technology Inc. (GTI), a global provider of seismic recording technology and services, have announced a strategic collaboration agreement to jointly pursue seismic acquisition projects spanning shallow water, transition zone…
When maritime autonomy is discussed, the image is often a large cargo ship crossing an ocean without a crew. That remains a longer-term regulatory and technical challenge. The more immediate commercial market is developing elsewhere – smaller…
Delfin LNG has awarded the offshore geophysical and geotechnical survey services for the Delfin Deepwater Port Project, located offshore Louisiana, to TDI-Brooks. Under this award, TDI-Brooks will serve as the prime contractor, executing the full scope of work…
Talos Energy has agreed to acquire a 50% working interest in Block 29 offshore Mexico from Repsol, expanding its international portfolio with a pre-final investment decision oil development that includes more than 200 million barrels of oil equivalent of estimated recoverable resources…
Egypt's parliament approved four oil and gas exploration and development agreements on Wednesday, including a North Sinai project involving Franco-British independent producer Perenco.Egypt is looking to bolster domestic energy production that…
Oceaneering International, Inc. announced that its Integrity Management and Digital Solutions (IMDS) segment has been awarded a five-year inspection and asset integrity services contract by a Qatar-based oil company. The contract includes two optional one-year extensions…
Oceaneering International, Inc. has announced that its Brazilian subsidiary, Marine Production Systems do Brasil LTDA (MPS), won a contract from Petróleo Brasileiro S.A. (Petrobras) to deliver ROV services offshore Brazil. The award follows a competitive tender process…
Talos Energy and an affiliate of Ridgewood Energy Corporation have agreed to acquire Shell's interests in the Na Kika platform and the Coulomb field in the Gulf of America in a deal valued at $1.7 billion.Under the agreement, Talos will acquire…
Aker Solutions signed a 'sizeable. ($50m to $150m by the company's definition) five-year agreement with Cenovus Energy Inc. for engineering and maintenance services on White Rose field assets.The White Rose field is located approximately 350 km east of St…
Shell is preparing to launch a sale of its offshore wind farms that could fetch more than $1 billion, in the oil giant's latest move away from renewable energy, Bloomberg News reported on Friday, citing people familiar with the matter.The company…
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