Data and intelligence firm TGS has extended the ongoing multi-year proprietary Ocean Bottom Node (OBN) acquisition contract in the Gulf of America.TGS said the OBN acquisition contract has been extended for three more years.“This continuation…
Offshore drilling contractor Transocean has secured a five-well contract for its Deepwater Asgard drillship in the Eastern Mediterranean Sea.The estimated 390-day campaign with an undisclosed operator is expected to start in the fourth quarter…
DeepOcean and Woodside Energy have completed a combined subsea inspection and 3D scanning campaign at the Sangomar field offshore Senegal.The campaign covered 69 subsea structures, including 17 subsea trees, using a methodology that allows inspection and 3D scanning to be performed simultaneously…
Offshore drilling contractor Stena Drilling has secured a contract by Energean for an exploratory drilling campaign offshore Greece.This campaign, which is expected to start in early 2027, is for one firm well offshore Greece, in Block 2 located at the Northwestern Ionian Sea…
India’s state-owned oil firm Oil and Natural Gas Limited (ONGC) has contained the fire that broke out at its SHP platform in the Mumbai High offshore field, with multiple workers sustaining minor injuries.The company said the incident occurred at around 17:45 local time on April 6…
France announced tenders for seven offshore wind projects totalling 10 gigawatts on Thursday as well as smaller solar and onshore wind tenders, adding the country will favour homegrown technologies in its bid to achieve energy sovereignty.The…
Offshore drilling contractor Transocean has secured new rig contracts and extensions worth about $1 billion in backlog, while also retiring $358 million in senior secured notes as part of its deleveraging strategy.The company was awarded a 1…
Brazilian independent oil and gas firm PRIO has brought a second producing well online at its Wahoo field offshore Brazil, with output stabilizing at 12,000 barrels of oil per day.The company said additional wells are scheduled to come online…
Halliburton, in collaboration with ExxonMobil, Sekal, Noble, and the Wells Alliance Guyana team, has delivered a groundbreaking step forward in digital well construction to achieve the industry’s first fully automated geological well placement with complete rig automation in offshore Guyana…
Borr Drilling has entered into definitive agreements to acquire five premium jack-up rigs from Fontis Finance for a purchase price of $287 million.The acquisition will be completed through BC Ventures Limited, a newly established 50/50 joint…
The United States and French energy major TotalEnergies said on Monday they would redirect nearly $1 billion from offshore wind leases to U.S. oil and natural gas production.The deal is the latest blow to the U.S. offshore wind industry, which…
Petrobras will exercise its right to purchase Malaysian company Petronas' 50% stake in two offshore fields in Brazil for $450 million, according to a securities filing.Following the deal, Petrobras will hold 100% of the Tartaruga Verde field and Module III of the Espadarte field…
The drilling results from Shell’s Sirius 1X exploratory well in the Mediterranean Sea offshore Egypt have shown encouraging initial indications, Egypt’s Ministry of Petroleum and Mineral Resources said in an update.The well is operated by Shell…
U.S subsea equipment and services provider for oil and gas sector KOIL Energy has secured a contract from an international oil company to perform load out, transit, installation monitoring, and pre-commissioning services for an offshore development in West Africa…
The economic risks of the world’s heavy dependence on oil and gas have been laid bare twice in four years - first with Russia’s invasion of Ukraine and now with the U.S.-Israeli war on Iran - undermining U.S. President Donald Trump’s flagship push to double down on fossil fuels…