Norway-based energy data and intelligence company TGS has kicked off a new multi-client ultra long offset ocean bottom node (OBN) data acquisition project in the Gulf of America, with the data expected to help oil & gas operators make more informed decisions and mitigate drilling risks. The Amendmen
Trillion Energy is a day away from resuming activities to put all the required puzzle pieces in place to increase and maintain natural gas production at its huge gas field in the Black Sea off the coast of Türkiye, thanks to a gas lift compressor system.
Italy’s engineering, drilling, and construction services company Saipem has secured two new offshore contracts in the Middle East and Guyana for a total amount of approximately $720 million. The first contract covers engineering, procurement, construction and installation (EPCI) activities for the r
The U.S. Department of Energy (DOE) has set its mind on freeing its liquefied natural gas (LNG) industry from the burden of regulatory barriers standing in the way of unleashing an LNG export boom by moving beyond the setback it perceives to stem from Biden-era policy requirements.
BW Energy has cheered the stamp of approval for the extension of a license production phase to 2042 for its asset in the Espírito Santo Basin off the coast of Brazil.
Serica Energy is bringing its multi-well drilling campaign and work-over program in the North Sea to an end, as a rig from COSL Drilling Europe has started drilling the final well in this campaign on the UK Continental Shelf (UKCS).
Ocean Oilfield Integrated Solutions has confirmed the completion of an offshore drilling assignment, which one of its jack-up rigs carried out off the coast of the United Arab Emirates (UAE).
Sweden’s Ocean Harvesting Technologies has launched a €200,000 financing round to support further development of its InfinityWEC wave energy converter (WEC) in 2025. The move is part of a larger €700,000 capital requirement for 2025-2027. InfinityWEC is currently being developed under two EU-funded
Shortly after a liquified natural gas (LNG) project got picked to get millions in support from the Canadian government, the Impact Assessment Agency of Canada (IAAC) has set the wheels in motion to kick off a public comment period on proposed amendments to the decision statement for the project’s fl
Valaris has won a long-term assignment for one of its floaters with an undisclosed oil and gas company in West Africa.
Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, have reached a decision to drill an exploration well in a block in the Bulgarian sector of the Black Sea.
As idle rig times loom in the U.S. Gulf this year, Westwood Global Energy, an energy market research and consultancy firm, has pointed out that the supply, demand, and utilization for drillships are set to pick up the pace in 2026, with long-term fundamentals in the offshore drilling market painting
Norwegian state-owned energy giant Equinor has brought on stream a field it operates in the Barents Sea, which is expected to produce for 30 years.
A jack-up rig owned by offshore drilling contractor Valaris has arrived in Australia to start working on a drilling campaign for the Singapore-headquartered oil and gas player Jadestone Energy.
