Offshore drilling contractor Transocean has signed a six-well contract with an undisclosed operator for its Deepwater Skyros drillship, offshore Australia.The estimated 320-day campaign is expected to start in the first quarter of 2027 and contribute approximately $130 million in backlog, excluding compensation for mobilization and demobilization.The award includes priced options that, if fully exercised…
Shell is seeking a buyer for a 20% stake in its Brazilian oilfield cluster to help fund a multibillion-dollar offshore development, Bloomberg News reported on Tuesday, citing sources.Shell declined to comment on the report, when contacted by Reuters…
Norwegian technology company Vissim has secured a contract with a Qatar-based oil and gas operator to deliver a vessel collision avoidance system at an undisclosed oil field offshore Qatar.As part of a three-year agreement, Vissim will provide…
Britain and the Netherlands are withdrawing a combined $2.2 billion in support for the TotalEnergies-led Mozambique LNG project, they said separately on Monday, after both hired firms to probe human rights concerns surrounding the development…
DNV Inspection has appointed two new specialists to support its expanding offshore wind and low-carbon energy business as global demand rises for assurance and inspection services across renewables, the company said on Thursday.Iván Jaramillo…
Windcat, part of CMB.TECH, has signed a contract with Damen Shipyards to build a new Multi-Purpose Accommodation Support Vessel (MP-ASV), with options for five additional units.To be known as the Innovation Series, the new class of offshore support vessels will combine a large open deck…
Timor-Leste’s Ministry of Petroleum and Mineral Resources and Woodside Energy have signed a cooperation agreement to advance studies for a Timor-based liquefied natural gas (LNG) development concept for the long-stalled Greater Sunrise fields…
Florida Republicans, led by Governor Ron DeSantis have said that they are opposed to a plan of the Trump administration which could allow for new oil and natural gas drilling off Florida's Gulf Coast.The reactions were in response to a proposal by the Interior Department published on Thursday…
Global energy services provider THREE60 Energy has made strategic appointments to strengthen operational structure in Norway following a period of significant growth across its Wells and Subsurface service linesThe move enhances integration…
This week, the Department of the Interior issued the Draft Proposed Program for the next five year federal offshore oil and gas leasing program, and the response from industry has been positive.Under the new proposal for the 2026–2031 National Outer Continental Shelf Oil and Gas Leasing Program…
Equinor said its investigation into a series of exposure incidents at Hammerfest LNG has concluded that venting from monoethylene glycol (MEG) tanks was the main source, combined with weather conditions that caused vented gas to descend to ground level where personnel were working…
The Baltic Power offshore wind project has installed the first turbine nacelles manufactured in Poland, marking a milestone for the country’s emerging offshore wind supply chain.Three 15 MW turbines have been fitted with nacelles produced at Vestas’ newly opened plant in Szczecin…
ExxonMobil Guyana and its Stabroek block co-venturers, Hess Guyana Exploration and CNOOC Petroleum Guyana, have reached a new milestone in the South American country, with the production rising to 900,000 barrels of oil daily.The achievement…
BP is in active negotiations with investment firm Stonepeak over the sale of its Castrol lubricants unit, according to two people with knowledge of the situation, in what would be a major step in meeting the energy company's $20 billion divestment goal…
Shell has exited the MarramWind and CampionWind projects off the coast of Scotland following a strategic review, the company said on Monday, a move that aligns with its current pivot away from renewables.Shell sold its 50% interest in MarramWind…
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