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Industry Partners Deliver Largest Unified OBN Dataset in Norwegian North Sea

Jul 15, 2025

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…

Dolphin Drilling Lines Up $105M Payment for Rig Deal Termination in Nigeria

Jul 15, 2025

The Federal High Court of Lagos in Nigeria has ordered General Hydrocarbons Limited (GHL) to pay $105 million to Oslo-listed offshore drilling firm Dolphin Drilling for the termination of deal for the semi-submersible rig that was hired for operations off Nigeria…

Arabian Drilling Secures Five Jack-Up Rig Extensions

Jul 14, 2025

Saudi drilling contractor Arabian Drilling has secured contract extensions for five of its jack-up drilling rigs, with a combined value of over $365 million.Arabian Drilling signed contract extension for four of its rigs with Aramco, with a combined backlog value of $364 million (SAR 1…

Jadestone Energy Ups Montara Field Volume Expectations

Jul 14, 2025

Jadestone Energy, an Asia-Pacific focused oil and gas company, has increased production rates expectations from the Montara field offshore Australia, as the drilling operation with Valaris’ Valaris 247 jack-up rig nears completion.The Skua-11ST well at the Montara field has reached target depth…

Iberdrola Picks Up $4.9B to Finance 1.4GW UK Offshore Wind Farm

Jul 11, 2025

Iberdrola has signed green financing agreement with 24 banks for the East Anglia THREE offshore wind farm, being developed together with Abu Dhabi Future Energy Company (Masdar).The transaction valued at $4.88 billion, which was 40% oversubscribed…

Technip Energies Bags ‘Large Contract’ for FLNG Unit in Africa

Jul 11, 2025

Technip Energies has secured a large contract to perform ‘preliminary activities’ for a Floating Liquefied Natural Gas (FLNG) unit in Africa.The contract, valued between $290 million and  $584 million, will be effective until September 30, 2025…

TGS to Provide Tech Set to Optimize Northern Lights CCS Operations

Jul 10, 2025

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…

Masdar, Iberdrola to Co-Invest $6B in East Anglia THREE Offshore Wind Farm

Jul 10, 2025

Abu Dhabi Future Energy Company (Masdar) and Iberdrola have agreed to co-invest $6.08 billion in the 1.4 GW East Anglia THREE offshore wind farm in the U.K., in what’s said to be the largest offshore wind transaction of the decade.Under the agreement…

EnQuest Acquires Harbour Energy’s Vietnamese Assets

Jul 10, 2025

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…

Northern Ocean’s DeepSea Mira Semi-Sub Gets Drilling Job off Namibia

Jul 09, 2025

Offshore drilling contractor Northern Ocean has signed a contract with a subsidiary of Rhino Resources for the DeepSea Mira semi-submersible drilling rig, which has been hired for operations off Namibia, starting mid-July 2025.The contract includes one firm well for Rhino…

Vår Energi, TechnipFMC to Fast-Track Development of North Sea O&G Fields

Jul 08, 2025

Vår Energi has entered into a collaboration agreement with TechnipFMC Norge for delivery of subsea projects utilizing its integrated model to fast-track future developments in the Gjøa area in the North Sea.Vår Energi has entered into the collaboration…

Shelf Drilling’s Jack-Up Rig to Stay with Eni off Italy

Jul 08, 2025

Offshore drilling contractor Shelf Drilling has secured a one-year extension with Eni for its Key Manhattan jack-up rig.The total added contract value is approximately $29 million, and the rig is now committed until November 2026.According to Shelf Drilling…

Ecopetrol Purchases Enel Wind Power Project for $50m

Jul 07, 2025

Colombian state oil firm Ecopetrol said on Monday it has purchased a wind power project in the northern province of La Guajira from Enel for $50 million.The Windpeshi project will have a capacity of 205 megawatts (MW), which will be added to Ecopetrol Group's self-consumption energy portfolio…

Mammoet to Assist Heerema with TenneT’s 2GW Offshore Grid System Delivery

Jul 07, 2025

Mammoet has signed a contract with Heerema Marine Contractors to support topside floatover operations for TenneT 2 GW offshore grid project in the North Sea.Mammoet will help prepare two giant units for floatover operations by skidding the topsides from HTV to the newly-built Heerema H731 barge…

PTTEP Hires Energy Drilling’s Rig for Southeast Asia Offshore Job

Jul 07, 2025

SED Energy Holdings, through its wholly owned subsidiary Energy Drilling, has signed a five-year contract with PTT Exploration and Production Public Company Limited (PTTEP) for an offshore drilling campaign using its tender-assist drilling rig…

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