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Golar LNG Announces Successful Completion of $1.2b FLNG Gimi Bank Facility

Nov 25, 2025

Golar LNG Limited has announced that it has successfully closed and drawn a new $1.2 billion asset backed debt facility agreement with a consortium of banks including ABN AMRO, Citibank, DNB, Goldman Sachs and Standard Chartered Bank for the refinancing of FLNG Gimi…

TotalEnergies Exits Nigeria's Deepwater Field as Eni and Shell Boost Stakes

Nov 25, 2025

TotalEnergies has completed the divestment of its non-operated interest in the Bonga deepwater field offshore Nigeria, selling its share to Shell Nigeria Exploration and Production Company (SNEPCo) and Eni.SNEPCo, a subsidiary of Shell, completed…

DeepOcean Rounding Up Gryphon Alpha FPSO Decom Job

Nov 25, 2025

Ocean services provider DeepOcean is nearing completion of a contract awarded by TotalEnergies for the disconnection and tow of the Gryphon Alpha floating production, storage and offloading (FPSO) unit, as well as the removal of associated subsea infrastructure…

Drydocks World Converts Tanker to FPSO Ahead of Deployment off Nigeria

Nov 25, 2025

Drydocks World has completed the full conversion and integration of the EMEM Floating production storage and offloading (FPSO) unit, delivering a key offshore asset to support production at Nigeria’s Okwok field.The FPSO, converted from double-hulled tanker…

FairWind Partners with Japanese Turbine Specialist

Nov 24, 2025

FairWind has signed a strategic partnership agreement with Japanese turbine operations and maintenance specialist Wind Energy Partners (WEP).The move marks the latest phase in FairWind’s Asia Pacific growth strategy following the announcement…

Jifmar Concludes Takeover of 15 Seacontractors Workboats

Nov 24, 2025

Jifmar Group has completed the transfer of Seacontractors’ fleet of 15 workboats, finalizing a deal signed in August and strengthening its presence in the Middle East and Indian Ocean.The vessels and associated teams formally joined Jifmar on November 19…

Woodside Extends EnerMech’s Cranes Services Contract off Australia

Nov 21, 2025

Energy industry services firm EnerMech has secured a one-year contract extension to deliver crane maintenance and integrity services across six assets for Woodside in North West Australia.The renewed scope covers six offshore assets in North West Australia…

DNO Enlists AGR to Assess North Sea Reserves and Resources

Nov 20, 2025

Oil and gas firm DNO Norge has hired AGR, part of ABL Group, to carry out an independent evaluation of reserves and resources for the oil and gas operator’s asset portfolio.AGR will provide DNO Norge, which is the Norwegian operation of Oslo-listed DNO…

Aramco Expands US Partnerships with $30B in New Deals

Nov 20, 2025

Saudi Aramco has signed 17 memoranda of understanding and agreements with U.S. companies, with a potential total value exceeding $30 billion, expanding its network of partnerships in sectors ranging from LNG and advanced materials to financial services…

Ghana Seeks State Takeover of Springfield Oil Block In Hopes of Increasing Output

Nov 19, 2025

Ghana has initiated talks to take over Springfield Exploration's stake in an offshore block holding an estimated 1.5 billion barrels of oil, the energy ministry said, as the country seeks to reverse falling output to bolster its economic recovery…

Havila Shipping Banks Q3 Profit as Fleet Use Climbs

Nov 19, 2025

Havila Shipping delivered a stronger third quarter in 2025, reporting improved profit before tax and maintaining high fleet utilization despite softer day rates and several vessels undergoing planned maintenance.According to the company’s quarterly report…

Australian Offshore Decom Costs Set to Fall as Efficiency Improves, Xodus Finds

Nov 19, 2025

Australia’s estimated offshore oil and gas decommissioning cost has been revised down to $28.3 billion (A$43.6 billion) by 2070, supported by rising sector efficiency and improved forecasting methods, according to new research from global energy consultancy Xodus…

SED Energy’s GHTH Rig Kicks Off Ops for PTTEP

Nov 18, 2025

The semi-submersible tender-assist drilling rig GHTH, owned by SED Energy Holdings’ subsidiary Energy Drilling, has started operations with Thailand’s PTT Exploration and Production (PTTEP).The rig started operating after completing preparatory work in Singapore…

DNO Sells Ekofisk PPF Stake to Orlen, Bolsters Cassio and Verdande Share

Nov 18, 2025

Norwegian oil and gas operator DNO has sold its 7.604% stake in the Ekofisk Previously Produced Fields (PPF) project on the Norwegian Continental Shelf to Orlen Upstream Norway, while acquiring new interests from Orlen as part of its ongoing North Sea portfolio adjustments…

Chevron Eyes Lukoil Assets

Nov 17, 2025

Chevron is studying options to buy global assets of sanctioned Russian oil firm Lukoil, five sources familiar with the process told Reuters on Monday.The U.S. Treasury gave clearance last week to potential buyers to talk to Lukoil about foreign assets…

Current News

Saipem Lands $425M Turkish Gas Contract in Sakarya Expansion

Saipem Lands $425M Turkish Gas Contract in Sakarya Expansion

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PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

South Korean Firm Buys Into Indonesian Offshore Oil Block

South Korean Firm Buys Into Indonesian Offshore Oil Block

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

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