Beach Energy is edging closer to the end of the first phase of its drilling program in Australian waters, which is being conducted by a rig owned by Transocean, an offshore drilling giant.
DeepOcean as the project owner and its five partners have launched a joint industry project to commercialize an innovative subsea flowline heating technology designed to reduce manufacturing and installation costs by up to 35% and carbon emissions by 30% through the separation of pipeline and heatin
UK-headquartered oil and gas player Pharos Energy has confirmed the start of drilling activities in Block 16-1, located in the shallow water Cuu Long Basin, off the coast of Vietnam. A jack-up rig, owned by Borr Drilling, an offshore drilling player, has begun this drilling assignment. This mobile o
Serica Energy has disclosed the restart of production from a floating production, storage, and offloading (FPSO) vessel, which is deployed at its North Sea asset on the UK Continental Shelf (UKCS).
Singapore’s tender-assisted drilling provider Energy Drilling, a wholly owned subsidiary of Cyprus-headquartered SED Energy Holdings, has confirmed the start of its 11-year-old rig’s drilling assignment with Thailand’s national oil and gas company PTT Exploration and Production Public Company Limite
The latest step taken to end the EU’s dependence on Russian fossil fuels is contained within its plans to gradually ban imports of oil, gas, and liquefied natural gas (LNG) from next year, with limited exceptions for existing short-term and long-term contracts. This legislation is described as a res
U.S. offshore engineering and construction firm McDermott has delivered its first subsea project in Angola, as part of which it worked for TotalEnergies on the Begonia field development. McDermott announced on October 16 the completion of engineering, procurement, construction, installation (EPCI),
Italian engineering, drilling, and construction services firm Saipem has secured three new contracts for a gas project in Azerbaijan operated by UK-headquartered energy giant BP, which together have a value of approximately $600 million. The offshore contracts were awarded in consortium with BOS She
Norwegian state-owned energy giant Equinor and its partners have achieved start-up of production from a large field in Brazil’s Santos Basin.
France’s wave energy developer Seaturns has launched phase one of full-scale trials for its wave energy conversion system at Nantes Saint-Nazaire Port, marking a key step in the company’s transition from design to real-world implementation. After six months of manufacturing and assembly, the Bordeau
Turkish Petroleum Overseas Company (TPOC), a wholly owned subsidiary of the state-owned Türkiye Petrolleri Anonim Ortaklığı (TPAO), and two Pakistani firms have inked a farm-out agreement with Pakistan Petroleum Limited (PPL) for a block offshore Pakistan.
The Italian subsidiary of London-based oil and gas player Energean has restarted production at its field off the coast of Abruzzo, Italy.
Kuwait Oil Company (KOC), a subsidiary of the state-owned Kuwait Petroleum Company (KPC), has made a major discovery at a field offshore Kuwait.
The Marine Renewable Energy Collaborative (MRECo), a non-profit corporation dedicated to the sustainable development of ocean renewable energy, has been awarded nearly $1.9 million from the Massachusetts Clean Energy Center (MassCEC) to upgrade and expand its tidal and wave energy test sites, suppor
