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Business Developments & Projects

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Browse to North-West Shelf project development concept; Source: Woodside
Business Developments & Projects

Inpex coming aboard Australia’s huge multibillion-dollar gas project

Japan’s exploration and production (E&P) company Inpex has set the wheels in motion to join an offshore development project, which is described as Australia’s largest untapped conventional gas resource.

about 2 months ago
FPSO Léopold Sédar Senghor (for illustration purposes); Source: Woodside Energy
Business Developments & Projects

$7.5 billion gas project on Senegal’s development agenda

Société des Pétroles du Sénégal (Petrosen), Senegal’s state-owned oil and gas company, has shed light on the investment required to bring a deepwater gas field to life, which is estimated to hold recoverable resources of approximately 25 trillion cubic feet (tcf) of gas.

about 2 months ago
Petronas picks local tubular running services provider for next five years
Business Developments & Projects

Petronas picks local tubular running services provider for next five years

Malaysia’s state-owned oil & gas heavyweight Petronas has awarded a local company a five-year contract for the delivery of tubular running services (TRS). Kuala Lumpur-headquartered Destini Oil Services, the energy arm of Destini Group, officially secured the contract on March 30, 2026, with it endi

about 2 months ago
Transocean Encourage rig; Source: Transocean
Business Developments & Projects

Seal of approval for Equinor’s drilling ops with Transocean’s 2016-built rig

Norway’s state-owned energy giant Equinor has received clearance from the Norwegian authorities to conduct drilling activities on the Norwegian Continental Shelf (NCS) with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

about 2 months ago
ADES' 300-feet Main Pass IV jack-up rig has been booked for operations offshore Nigeria; Credit: Shelf Drilling, now part of ADES
Business Developments & Projects

ADES’ 1982-built rig scoops up multimillion-dollar drilling gig in Nigerian waters

ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has won a new offshore drilling assignment off the coast of Nigeria for one of its jack-up rigs.

about 2 months ago
BP and SOCAR boost energy collaboration with new MOU; Source: Meg O'Neill via LinkedIn
Business Developments & Projects

BP and SOCAR fortify energy ties

UK-headquartered energy giant BP and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed on the dotted line to strengthen their energy bonds.

about 2 months ago
Illustration; Source: Worley
Business Developments & Projects

Worley and Baker Hughes embarking on integrated lower-carbon LNG quest

U.S.-headquartered energy technology giant Baker Hughes and Australia’s engineering player Worley have joined forces to pursue opportunities in the liquefied natural gas (LNG) sector, spurred by rising LNG demand across the globe.

about 2 months ago
PV Drilling
Business Developments & Projects

Rig job for Southeast Asian development campaign goes to PV Drilling

Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has been hired on a jack-up assignment for a development drilling program at a field off the coast of Vietnam, Southeast Asia.

about 2 months ago
FPSO Johan Castberg; Source: Equinor
Business Developments & Projects

Norwegian oil & gas cash flow surpasses $74 billion as investment bill hits $30.71B

As the Norwegian Continental Shelf (NCS) continues to attract new investments into oil and gas exploration and production (E&P) activities amid the global energy security concerns spurred by the Middle East conflict, Norway has upped its net cash flow ante from the petroleum sector, with billions ad

about 2 months ago
Fugro set for maintenance survey of 40-year-old interconnector
Business Developments & Projects

Fugro set for maintenance survey of 40-year-old interconnector

Fugro is set to deploy its geophysical vessel in a couple of days to carry out a maintenance survey of an interconnector between France and the UK that has been operating since 1986. The 2 GW IFA 2000 high voltage direct current (HVDC) electrical interconnector is approximately 70 kilometers long, w

about 2 months ago
Block 3B/4B; Source: Eco Atlantic
Business Developments & Projects

Uncertainty hovers over South African drilling ops, as oil push hinges on appeals outcome

While a specialist panel is being set up to review appeals, clouds still obscure the exact timing of hydrocarbon exploration activities, which are poised to begin once an environmental go-ahead is in hand, enabling the first well to be spud at an offshore block in South Africa’s Orange Basin.

about 2 months ago
Wave energy prototype makes a splash at BiMEP for technology validation
Business Developments & Projects

Wave energy prototype makes a splash at BiMEP for technology validation

Spain-based consulting, engineering, and architecture services firm IDOM has deployed its prototype wave energy converter (WEC) at the Biscay Marine Energy Platform (BiMEP) as part of the system’s technological validation and to obtain key information for its future scalability. The MARMOK A 5 float

about 2 months ago
ABL lends a hand to Subsea7 offshore Brazil
Business Developments & Projects

ABL lends a hand to Subsea7 offshore Brazil

ABL Energy & Marine Consultants Brasil has been selected for the marine warranty surveyor (MWS) role to support Subsea7 with the transportation and installation of subsea umbilicals, risers, and flowlines (SURF) infrastructure offshore Brazil. The scope will encompass pipelines installed on FPSO Mar

about 2 months ago
TotalEnergies has used Deepsea Mira rig for its drilling activities in Namibia; Source: Odjell Drilling
Business Developments & Projects

TotalEnergies’ 750-million-barrel project offshore Namibia targets first oil in 2030

France-headquartered energy giant TotalEnergies is setting the stage to bring online its deepwater oil discovery in the Orange Basin off the coast of Namibia, as the African country enhances port infrastructure and policy framework ahead of the project launch, which is seen as a growth driver for th

about 2 months ago
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