Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has welcomed the 2026 Integrated System Plan (ISP) from the Australian Energy Market Operator (AEMO), which highlights the need for new gas investments to enable grid reliability.
Oceaneering has begun executing a multi-discipline offshore survey campaign using its Ocean Intervention II (OI2) vessel offshore Trinidad and the U.S. Gulf on behalf of a “large international operator”. The program started in April and includes OI2 delivering integrated geophysical, geotechnical, a
Norwegian vessel owner DOF Group has picked up a contract extension for one of its multipurpose support vessels (MPSVs) off the coast of Australia.
Norway’s offshore vessel owner Eidesvik Offshore has strengthened its relationship with Aker BP, a compatriot oil and gas player, through a new deal, which enables one of its platform supply vessels (PSVs) to secure a long-term assignment with the Norwegian operator.
African energy exploration player Rhino Resources has shed light on the appraisal of an oil discovery in the Orange Basin, confirming a connected oil-bearing reservoir at its appraisal well off the coast of Namibia.
Petronas Suriname E&P, a wholly-owned subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, has confirmed two discoveries and a successful appraisal activity in Block 52 off the coast of Suriname.
As operators embark on portfolio optimization quests, a series of asset exchanges is reshaping the Norwegian Continental Shelf (NCS), with the latest such move coming from Norway’s state-owned energy giant Equinor and its compatriot Vår Energi, which have agreed to a swap of offshore oil and gas ass
UAE-headquartered offshore survey and positioning data provider Geosonic has secured an expanded scope in Turkmenistan, supporting a subsea survey and inspection program described as major. Sharjah-based Geosonic reported that it had secured a further contract in Turkmenistan supporting a program th
U.S.-headquartered energy technology giant Baker Hughes has secured a multi-year assignment at a liquefied natural gas (LNG) expansion project in Nigeria, Africa.
Japan’s MODEC has confirmed the arrival of a floating production, storage, and offloading (FPSO) vessel at a ship recycling facility in Denmark, following the completion of the unit’s work at an oil field off the coast of Brazil.
UK-headquartered energy giant Shell is expecting an uptick in demand for liquefied natural gas (LNG) to nearly 700 million tonnes a year by 2050, following supply disruptions caused by the conflict in the Middle East, which was cushioned by North American supply growth.
LS GreenLink, the U.S. subsidiary of South Korean LS Cable & System, has started the construction of a 201-meter vertical continuous vulcanization (VCV) tower for cable insulation at its high-voltage direct current (HVDC) subsea cable factory in Virginia. The construction of the factory started in A
Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has secured multimillion-dollar financing for a newbuild floating storage and offloading (FSO) unit, which will be deployed at a deepwater oil project off the coast of
French provider of tubular solutions Vallourec has won a contract with Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, to deliver pipes for an ultra-deepwater development in Angola. Vallourec will supply over 26,000 tons of seamless carbon steel line pipes, representing approximat
