Idemitsu Kosan Co has acquired interests in two oil and gas blocks located off the coast of Sarawak in Malaysia from South Korean SK earthon, and signed production sharing contracts (PSC) for the developments.The acquired interests are for the Block SK427…
Northern Ireland-based subsea technology specialist Decom Engineering has developed and deployed a new ultra-light Chopsaw for subsea cutting operations.The C1-16UL Chopsaw represents the most significant advancement in Aberdeen-based Decom's Chopsaw range…
Seatrium delivered the Floating Production Storage and Offloading vessel (FPSO), BW Opal, to BW Offshore.'We would like to express our appreciation to BW Offshore for entrusting Seatrium with their projects over the years,' said Marlin Khiew…
Petrobras has identified the presence of high-quality oil with no contaminants in the pre-salt of Santos Basin, in an exploratory well in Aram block, offshore Brazil.Well 3-BRSA-1396D-SPS is located 248 km from the city of Santos-SP, at a water depth of 1…
SKF has entered into partnership with wave energy technology developer Carnegie Clean Energy to deliver power take-off (PTO) system for its CETO wave energy device.CETO is a fully submerged, point absorber type wave energy technology where a…
Rhino Resources, the operator of the petroleum exploration license (PEL85), and its partners have found oil in the Capricornus 1-X well in Orange Basin, offshore Namibia.The Capricornus 1-X well, spudded on February 17, using Noble Corporation’s Noble Venturer drillship…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a major oil field discovery of Huizhou 19-6 in the deep and ultra-deep plays of the South China Sea, which adds over a hundred million tons of oil equivalent in-place…
Offshore engineering solutions firm Aquaterra Energy has secured a multi-million-dollar contract with Intrepid Energy Limited (IEL) to deliver a bespoke subsea well intervention equipment package for a project in Nigeria.Aquaterra Energy will…
Brazilian state-run oil and gas company Petrobras has identified the presence of hydrocarbons in the Campos Basin pre-salt, in an exploratory well of Norte de Brava block.The hydrocarbons have been found in the well 1-BRSA-1394-RJS, located 105 km from the state of Rio de Janeiro…
Asset manager Apollo has agreed to acquire a majority stake in offshore energy solutions business OEG Energy Group as part of the transaction worth over $1 billion.Apollo, through its funds managed by its affiliates, will take the majority share…
Brazilian state-run oil and gas company Petrobras has identified presence of hydrocarbons in the Santos Basin pre-salt, in an exploratory well of Aram block, offshore Brazil.The well, 4-BRSA-1395-SPS, is located 245 km from the city of Santos-SP…
The Nigerian National Petroleum Company (NNPC) and its joint venture (JV) partner FIRST Exploration & Petroleum Development Company (FIRST E&P) have confirmed a significant hydrocarbon discovery in the Songhai Field, located the shallow water region of Bayelsa in Nigeria…
Havila Shipping ASA announces its Q4 2024 financial results, highlighting steady freight revenues, strong fleet utilization, and the successful completion of a major debt restructuring.Key Financial Highlights (Q4 2024):Freight revenues: NOK 148…
Rhino Resources has completed the drilling of the Sagittarius 1-X well at PEL85 license in Orange Basin, offshore Namibia, encountering a hydrocarbon-bearing reservoir.The Sagittarius 1-X well was spud on December 18, 2024 using Noble’s drillship Noble Venturer…
Huisman has been awarded a contract from Penta-Ocean Construction to deliver a 5,000 mt Tub Mounted Crane along with a monopile handling system, including a motion compensated pile gripper, for a new heavy lift vessel designed for Japanese offshore wind market…
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