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MODEC’s FPSO for ExxonMobil’s Oil Project Checks In to Guyana

7 hours ago

MODEC has informed that the Errea Wittu floating production, storage and offloading (FPSO) vessel arrived to Guyana ahead of deployment at ExxonMobil’s project in the Stabroek block.Developed for ExxonMobil Guyana, the FPSO will integrate the development of the Snoek, Mako and Uaru resources in the Stabroek block.Upon arrival, the FPSO will undergo final offshore preparations and commissioning ahead of first oil…

Norway to Continue Arctic Drilling Despite EU Pushback

2 hours ago

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as Europe's 'green battery', Energy Minister Terje Aasland told Reuters…

Norway Stands Firm on Arctic Oil and Gas Drilling Despite EU Opposition

12 hours ago

Norway will continue developing its oil and gas resources in the Barents Sea regardless of the European Union's support for a moratorium on Arctic hydrocarbon supplies, and no longer sees itself as Europe's 'green battery', Energy Minister Terje Aasland told Reuters…

TGS Awarded Data Brokerage Rights for Brunei Block

Aug 20, 2026

TGS has been awarded data brokerage, marketing and licensing rights by the Petroleum Authority of Brunei Darussalam for subsurface data over an offshore Brunei block.The award covers data across the block, including 3D seismic data, well information…

Equinor to Supply Oil from Johan Sverdrup to ORLEN

Aug 20, 2026

Equinor has signed an agreement with Poland’s ORLEN for the sale of crude oil from the Johan Sverdrup field on the Norwegian continental shelf. The agreement will run for three years from the beginning of September.Annual supplies under the…

Dolphin Celebrates Multi-Year Contract Awards

Aug 19, 2026

Dolphin Drilling announced its financial results for the second quarter and first half of 2026, highlighting it as a significant step forward in Dolphin Drilling’s repositioning, with increased long-term contract coverage, continued strong safety…

TGS Readies for Sarawak Phase 4 Offshore Survey

Aug 18, 2026

TGS is ready to commence the Sarawak Phase 4 multi-client program offshore Malaysia, covering approximately 1,020 square kilometers.The Ramform Sovereign is scheduled to mobilize for the survey in the fourth quarter and acquisition is expected to be completed in December 2026…

Deepwater FIDs Set to Drive Sub-Saharan Africa Production Growth

Aug 18, 2026

Sub-Saharan Africa’s deepwater production is expected to grow by over 1 million boe/d by 2035 and big-ticket projects taking final investment decisions (FIDs) in 2026 and 2027 will be key to unlocking this.In late January, Equatorial Guinea and Chevron signed-off the Aseng Gas blowdown project…

Chevron Discovers Oil and Gas Condensate Offshore Angola

Aug 17, 2026

Chevron said on Monday it had discovered oil and gas condensate at an exploration well in Block 0, offshore Angola, adding to its push to increase production in sub-Saharan Africa through infrastructure-led exploration.Western and southern Africa…

OSV Market: Howling Wind Test Tight CSOV Market

Aug 17, 2026

As the market moves toward the end of the summer season in the northern hemisphere, several offshore support vessels are expected to roll off their contracts over the coming months. Shipowners are thus already positioning tonnage for the winter and next summer season…

DOF Group Announces Subsea Contracts in the APAC Region

Aug 14, 2026

DOF Group ASA announced two subsea contract awards in the APAC Region with a combined value in the Substantial* category.Both contracts will utilize the region’s multipurpose vessels and subsea services including DOF’s in-house project management and engineering…

Autonomy Offshore: Uncrewed Systems Move from Trials to Critical Operations

Aug 13, 2026

When maritime autonomy is discussed, the image is often a large cargo ship crossing an ocean without a crew. That remains a longer-term regulatory and technical challenge. The more immediate commercial market is developing elsewhere – smaller…

Borr Drilling Reports Quarterly Loss

Aug 12, 2026

Borr Drilling Limited has announced its unaudited results for the three and six months ended June 30, highlighting a second quarter total operating revenues of $232.3 million, a decrease of $14.7 million or 6% compared to the first quarter of 2026…

CNOOC Commissions Phase I of Bozhong 19-6 Gas Field

Aug 11, 2026

China's oil and gas major CNOOC announced on August 9 that its Phase I development project at the Bozhong 19-6 gas field began full production, with daily oil and gas output exceeding 5,200 metric tons of oil equivalent, or 37,960 barrels per day…

Wouter Pattynama Appointed as LR Executive Client Solutions Manager, Offshore

Aug 11, 2026

Lloyd's Register (LR) has appointed Wouter Pattynama as Executive Client Solutions Manager, Offshore, strengthening its offshore energy expertise and expanding support for clients across Australia, New Zealand and the wider Asia-Pacific region…

Current News

McDermott Gets ADNOC’s ‘Mega Contract’ to Advance Umm Shaif Field

McDermott Gets ADNOC’s ‘Mega Contract’ to Advance Umm Shaif Field

Iran Tightens Enforcement of Strait of Hormuz Transit Rules

Iran Tightens Enforcement of Strait of Hormuz Transit Rules

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

TenneT Completes Drilling, Installation of Protective Conduits for Wind Farms

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation

Mermaid Maritime Expands Into US Offshore Market

Mermaid Maritime Expands Into US Offshore Market

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

ONGC Nears Venezuela Operatorship Deals, Regains Russia’s Sakhalin-1 Stake

Fugro Secures India Deepwater Drilling ROV Contract

Fugro Secures India Deepwater Drilling ROV Contract

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