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BP Completes Central Azeri Platform Maintenance, Ramps Up Production

5 hours ago

BP has completed a planned maintenance program on the Central Azeri platform in Azerbaijan's Azeri-Chirag-Deepwater Gunashli (ACG) field ahead of schedule.The turnaround began on August 19 and was originally scheduled to last 11 days. BP said all planned work was completed safely and production was being ramped up to its pre-maintenance level.The program included integrity and maintenance work, flare system upgrades…

Victoria Launches First Australian Offshore Wind Auction

6 hours ago

The government of Australia's Victoria state has opened a bidding process for its first 2 GW of offshore wind capacity, marking the launch of the country's first offshore wind auction.Energy and Resources Minister Jaclyn Symes opened the Request for Proposal process on August 26…

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

7 hours ago

Oil prices fell more than $2 a barrel on Wednesday as talks between Iran and Oman revived hopes that the Strait of Hormuz could reopen and remove shipping constraints affecting supply in the key Middle East region.Brent crude futures LCOc1 fell $2…

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

Aug 25, 2026

Viridien has started seismic imaging of the Langkasuka multi-client 3D (MC3D) hybrid survey, the first-ever combined streamer and sparse ocean bottom node (OBN) multi-client 3D seismic dataset acquired in the Asia-Pacific region.The endeavor…

Saudi Contractor Enters Oman with Four-Well Drilling Assignment

Aug 25, 2026

Saudi Arabian drilling contractor Arabian Drilling has signed a contract with Masirah Oil and Northern Offshore to drill two firm wells and two optional wells in Oman, marking the company's entry into a new Gulf Cooperation Council (GCC) market…

Strait of Hormuz Commodity Vessel Transits at Three-Month Low

Aug 25, 2026

Just two tankers transited the key energy chokepoint of the Strait of Hormuz on Monday, for the lowest daily tally of commodity vessels since early May, with both entering the Gulf, shipping data showed.The figure was also well below the 10-day average of 14…

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

Aug 24, 2026

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…

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

Aug 24, 2026

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…

Current News

China's CNOOC Posts Record First-Half Profit

China's CNOOC Posts Record First-Half Profit

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

BP Completes Central Azeri Platform Maintenance, Ramps Up Production

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Iran-Oman Talks on Hormuz Reopening Drive Down Oil Prices

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

Viridien Progresses Hybrid Multi-Client Survey Offshore Malaysia

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

TGS Extends Work on Indonesia’s Largest Seismic Acquisition Project

Saudi Contractor Enters Oman with Four-Well Drilling Assignment

Saudi Contractor Enters Oman with Four-Well Drilling Assignment

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

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

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