Oil India has discovered natural gas in the shallow offshore waters of India's Krishna-Godavari Basin, with testing of its Godavari-1 appraisal well recording gas flows of up to 200,000 standard cubic meters per day.The discovery was made in the previously unappraised Matsyapuri formation within the KG-DSF/GSKW/2018 Discovered Small Field block, where Oil India is the sole operator.The company reported hydrocarbons in a reservoir interval between 2…
SLB beat Wall Street estimates for third-quarter profit on Friday, supported by strong North American oilfield activity, while signaling recovery in parts of the Middle East following conflict-related disruptions.Repeated flare-ups in the US-Iran conflict…
Indonesia boosted gas supplies to the Jangkrik Floating Production Unit (FPU) in the Kutai Basin on Thursday, with production expected to increase to 750 million standard cubic feet per day (mmscfd) by November.Energy minister Bahlil Lahadalia…
Thailand's PTT Exploration and Production (PTTEP) and Eni have established an equally owned joint venture to hold their interests in the Ghasha gas development offshore Abu Dhabi.The new company, Seela Energies B.V., was established by PTTEP's…
Crewsure Insurance Services Limited (Crewsure) has announced the launch of Crewsure Energy, a new program that brings together traditional employee benefits with specialist Crisis Response protection, designed for companies employing personnel…
TechnipFMC and BP have signed a memorandum of understanding (MoU) to explore cooperation on the supply of high-pressure subsea production systems for BP's Paleogene oil developments in the U.S. Gulf.The agreement, announced on October 20, establishes…
Saitec Offshore Technologies and Japan's Kansai Electric Power Company (KEPCO) have agreed to extend operations at the 2 MW DemoSATH floating offshore wind demonstrator in Spain through 2027, with Japanese construction company Kumagai Gumi joining the project as a new partner…
Union Vega Offshore has ordered two battery-hybrid platform supply vessels (PSVs) from Fujian Mawei Shipyard, with options for four additional vessels, under a design contract awarded to Breeze Ship Design.The vessels will be based on Breeze Ship Design's next-generation Z 4409 PSV design…
Finder Energy has signed a contract worth an estimated $42.3 million with Eneos Drilling for the Hakuryu-5 semi-submersible rig to drill three development wells at the Kuda Tasi and Jahal (KTJ) offshore oil project in Timor-Leste.The agreement covers the provision of the rig…
Offshore drilling contractor Transocean has secured contracts worth approximately $550 million for two ultra-deepwater drillships in the U.S. Gulf, covering a combined 15 wells and adding to the company's firm contract backlog.The contracts…
Vår Energi and Equinor have made a gas and condensate discovery at the Lakris prospect in the Norwegian Sea, with preliminary estimates indicating recoverable resources of between 1.3 million and 5.5 million barrels of oil equivalent (boe).The…
Turkey will send its first floating gas production platform to the Black Sea on Saturday, a move expected to roughly double output from its largest domestic gas field, Energy Minister Alparslan Bayraktar said on Thursday.The Osman Gazi platform is expected to begin production in early 2027…
Kongsberg Maritime has secured a contract with IWS Fleet, a subsidiary of Integrated Wind Solutions (IWS), to provide vessel design and integrated technology systems for four new commissioning service operation vessels (CSOVs) intended for offshore wind operations…
Equinor and Dutch energy company Eneco have signed a five-year agreement for natural gas deliveries from the Norwegian continental shelf to the Netherlands, covering approximately 9 TWh of gas annually and including verified greenhouse gas emissions data…
DOF Group ASA announced the award of a significant contract with a North Sea operator for a subsea decommissioning campaign.The contract scope includes project management, engineering, offshore execution and disposal services for the removal…