Perenco has signed a gas sales and purchase agreement (GSPA) for the Su Tu Trang Phase 2B development in Block 15-1 offshore Vietnam, marking a key commercial milestone for a project aimed at boosting domestic gas supplies and supporting the country's energy security…
Shearwater Geoservices has been awarded a 4D towed‑streamer seismic acquisition project for the Mariner field in the UK North Sea by Adura Operations, a joint venture between Shell and Equinor.The one-month survey will start in July 2026 and…
Norwegian oil and gas company DNO has reduced its estimate of recoverable resources at the Carmen gas-condensate discovery in the North Sea, a field once hailed as Norway's largest hydrocarbon find in a decade, following the results of an appraisal well…
The digitalization trend in offshore energy operations is hardly news, but the speed of technology evolution, driven by artificial intelligence with the companion threat of cyber breaches offers as many questions as answers, as many challenges as opportunities…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is wellbore 16/4-14 in production license 1174 S.The license is operated by Equinor with 80% stake, with partner Petoro holding the remaining 20% working interest…
Equinor and its partners have approved a new subsea gas development at the Troll field in the Norwegian North Sea, investing just over $410 million (NOK 4 billion) in a project aimed at increasing gas production and supporting exports to Europe…
The Norwegian Offshore Directorate (NOD) has granted Aker BP a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 36/4-2 in production license 1153, operated by Aker BP with 40% working interest.Aker BP’s partners in the license are INPEX Idemitsu Norge with 30%…
Partners in the Balder field, Vår Energi and Kistos Energy, have taken a final investment decision (FID) on the Balder Next New Wells project in the Norwegian North Sea, which entails a seven-well tieback to the Jotun floating production, storage and offloading vessel (FPSO)…
EnerMech has completed an offshore cleaning and preparation campaign on the Bass Strait pipeline system in Australia's Gippsland Basin, supporting offshore assets operated by Esso Australia Resources, a wholly owned subsidiary of ExxonMobil…
Offshore drilling contractor Transocean has secured new contracts for two of its harsh-environment semi-submersible drilling rigs, adding approximately $185 million in firm backlog.The largest award was for the Transocean Norge, which received…
Italy's business lobby Confindustria has called for emergency action from the government to speed up the roll-out of renewable energy in the country, which is grappling with much higher power costs than in most of Europe.The recent increase…
Microwave-based method to upcycle old lithium-ion cathodesInstead of letting old lithium-ion batteries pile up as waste, Sandia National Laboratories researchers have developed a microwave-based process to recover and remake their cathodes,…
Scottish floating wind technology developer Encomara has received Product Design Assessment (PDA) approval from the American Bureau of Shipping (ABS) for its Squid floating offshore wind installation system, marking a key certification milestone…
Equinor and its partners have drilled a dry well in the prospect under the Heidrun field in the Norwegian Sea.The wildcat well 6507/8-D-4 CH was drilled in production license 124, 240 kilometers west of Sandnessjøen in the ‘Heidrun Cellar SE’ prospect…
Greece has approved Chevron's request to take over a 70% stake from Greece's Helleniq Energy in an offshore block southwest of Greece, the Greek energy ministry said on Monday, in a move that further expands the U.S. oil major's presence in the Mediterranean…