Offshore Floating Production News

 

Vår Energi Makes Commercial Gas Discocvery in Norwegian Sea

Jul 21, 2025

Vår Energi has made a new commercial gas and condensate discovery in the Vidsyn exploration well, located close to the its operated Fenja field in the Norwegian Sea.The discovery is the third commercial discovery for Vår Energi so far in 2025 and will be evaluated as a potential tie-in to Fenja.The discovery was made on the Vidsyn ridge, which has the potential to hold up to 100 million barrels of oil equivalent (mmboe) gross…

Van Oord to Bolster Fleet with Two New Subsea Rock Installation Vessels

Jul 21, 2025

Dutch offshore installation firm Van Oord has ordered two next-generation subsea rock installation vessels, which will built by Yantai CIMC Raffles Offshore in China.Capable of operating on methanol and with a focus on innovation and automation…

SLB Narrowly Beats Quarterly Profit Estimates

Jul 18, 2025

Top oilfield services firm SLB narrowly beat Wall Street expectations for second-quarter profit on Friday, as resilient demand in parts of its international business helped offset drilling slowdown in North America, Mexico and Saudi Arabia.SLB…

BASF Signs Up for Long-Term Natural Gas Supplies from Norway

Jul 18, 2025

German-based chemical firm BASF and Equinor have signed a long-term strategic agreement for the annual delivery of up to 2 billion cubic meters or 23 terawatt hours of natural gas over a 10-year period.The contract secures a substantial share of BASF’s natural gas needs in Europe…

Solstad’s Normand Pioneer CSV Up for Petrobras Job

Jul 17, 2025

Norwegian offshore vessel owner Solstad Maritime has secured work for its Normand Pioneer construction support vessel (CSV) for the end-client Petrobras.The vessel will be on a bareboat contract from Solstad Maritime to Solstad Offshore (SOFF)…

Venture Global to Supply LNG to Italy's Eni Under 20-Year Deal

Jul 16, 2025

Venture Global will supply 2 million tonnes per annum (MTPA) of liquefied natural gas from its Calcasieu Pass 2 project over 20 years to Italian state-controlled energy group Eni, the two companies said on Wednesday.The deal is Eni's first long…

CNOOC Finds Oil and Gas in South China Sea

Jul 16, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has made a ‘major breakthrough’ in the exploration of metamorphic buried hills in the deep plays in the South China Sea for the first time, as it makes an oil and gas find in Beibu Gulf…

Expro Gets Woodside Job at Trion Deepwater Project off Mexico

Jul 14, 2025

Texas-based oilfield services provider Expro has secured a three-year contract by Woodside Energy to provide tubular running services (TRS) and cementing services for the Trion project, Mexico’s first deepwater oil production facility.Woodside and Expro have a long-standing partnership…

BP-Eni Joint Venture Finds Gas Offshore Angola

Jul 14, 2025

Azule Energy, a joint venture firm between BP and Eni, has made a gas discovery at the Gajajeira-01 exploration well, located offshore in the Lower Congo Basin, Republic of Angola.The well was spudded on April 1, 2025 in a water depth of 95 meters…

Floatel Lines Up Work for One of its Accommodation Vessels

Jul 11, 2025

Floatel International has signed a Letter of intent for Floatel Victory accommodation vessel to provide Maintenance and Safety Unit (MSU) services offshore Brazil.The MSU assignment is for three to four months. Option to extend the assignment after the firm period has been granted…

Equinor Finds Gas Near Castberg Field in Barents Sea

Jul 10, 2025

Equinor and its partners have made a gas discovery in the Skred prospect, located near the Johan Castberg field in the Barents Sea, off Norway.The 7220/5-4well was drilled about 23 kilometers north of discovery well 7220/8-1 on the Johan Castberg…

Woodside Finds South Korean Partners to Advance LNG Value Chain

Jul 09, 2025

Woodside Energy has signed a non-binding memorandum of understanding (MoU) with Hyundai Engineering and Hyundai Glovis, establishing a strategic framework to collaborate on liquefied natural gas (LNG) project development, engineering services and shipping logistics…

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…

Island Offshore Takes Delivery of Revamped Well Intervention Vessel

Jul 08, 2025

Norwegian shipbuilder Vard has completed the upgrades on Island Offshore’s well intervention vessel Island Wellsaver.The extensive upgrade and maintenance operation project for the Island Wellsaver vessel included the replacement of the remotely operated vehicle (ROV) system…

Exxon Mobil Discovers Natural Gas Reserve Offshore Cyprus

Jul 07, 2025

A consortium led by ExxonMobil has found a reservoir of natural gas at a prospect off the island's coast, a Cypriot government spokesperson said on Monday.Drilling resulted in preliminary indications of 350 metres of a gas-bearing reservoir at a depth of 1…

Current News

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