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Oil & Gas

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Deepsea Mira rig; Source: Odfjell Drilling
Oil & Gas

Two Namibian prospects on TotalEnergies’ drilling agenda in 2025 as it puts off FID for oil discovery

TotalEnergies has decided to bump a final investment decision (FID) to next year for its giant oil discovery in the Orange Basin off the coast of Namibia. However, the firm has lined up drilling activities at two prospects in the African country for 2025.

about 1 year ago
Transocean Barents rig is on drilling duty with OMV Petrom in Romanian Black Sea; Source: OMV Petrom
Oil & Gas

WATCH: Transocean rig preps to spin the drill bit on €4B gas project

With preparations one of the semi-submersible rigs, owned by Transocean, is undergoing in Constanta drawing to a close, a start-up date for a long-term drilling campaign on a natural gas project in the Black Sea is fast approaching.

about 1 year ago
Revised concept for North Sea gas project's offtake route; Source: Hartshead Resources
Oil & Gas

Tweaks to North Sea gas project’s concept encapsulate ‘far superior’ export route

Hartshead Resources has made changes to the gas offtake route for natural gas development in the UK sector of the North Sea and submitted the revised concept select report addendum (CSRA) to the North Sea Transition Authority (NSTA) on its own behalf as its joint venture (JV) partners did not back t

about 1 year ago
Hercules rig; Source: Odfjell Drilling
Oil & Gas

Legal spat over rig contract breach nearing its end with Seadrill ordered to pay SFL $48 million

A court order is bringing a legal battle over an alleged contract breach to a close by instructing Bermuda-headquartered offshore drilling contractor Seadrill to pay a multimillion-dollar compensation to the owner of a semi-submersible rig, which was hired under the contract that sparked the dispute

about 1 year ago
Illustration; Source: McDermott
Oil & Gas

McDermott completes east Malaysia deepwater project ahead of schedule

U.S.-headquartered offshore engineering and construction player McDermott has completed offshore installation and commissioning activities for a project offshore East Malaysia ahead of schedule. The contract, awarded by PTTEP Sabah Oil (PTTEP) in early 2024, involved deepwater work at approximately

about 1 year ago
West Neptune drillship; Source: Seadrill
Oil & Gas

US oil & gas player gets cracking on development studies as two out of three Gulf of Mexico wells yield hydrocarbons

U.S.-headquartered privately owned exploration and production company LLOG Exploration has started the ball rolling on development studies for two hydrocarbon-bearing wells in its three-well exploration/appraisal campaign. The wells are located in the U.S. Gulf of Mexico, which is being renamed the

about 1 year ago
Tamar platform; Source: Chevron
Oil & Gas

SOCAR coming aboard Chevron’s gas field offshore Israel

Chevron Mediterranean Limited, a subsidiary of the U.S.-headquartered oil major Chevron, is getting a new partner at its gas field off the coast of Israel, as Union Energy has decided to sell its stake to the State Oil Company of the Republic of Azerbaijan (SOCAR). SOCAR is continuing to implement i

about 1 year ago
Eni entrusts Well-Safe Solutions rig with more work
Oil & Gas

Eni entrusts Well-Safe Solutions rig with more decommissioning work

Aberdeen-based decommissioning services provider Well-Safe Solutions has received a further contract extension from Italy’s energy giant Eni to decommission selected subsea and platform wells across a portfolio of projects in the Dutch North Sea. Eni recently exercised another 90-day option for the

about 1 year ago
FLNG Tango; Source: Exmar
Oil & Gas

With FLNG production levels off the charts, previous owner awaits its bonus

Exmar has revealed that an FLNG it sold to Eni has surpassed production expectations and guaranteed levels while working on the Italian player’s LNG project off the coast of Congo, Africa.

about 1 year ago
Under $57.4M contract, Indian firm takes its diving support vessel to Middle East
Oil & Gas

Under $57.4M contract, Indian firm sends its diving support vessel to Middle East

India’s Seamec Limited has entered into a charter hire with a Saudi Arabian company under which its multipurpose diving support vessel (DSV) will be deployed in the Middle East. Seamec entered into a Bimco charter party with Safeen Al Behar Limited Company, Saudi Arabia, for the charter hire of Seam

about 1 year ago
FPSO Cidade de Itajaí; Source: Altera Infrastructure
Oil & Gas

Australian firm in talks with Altera & Ocyan to buy Brazilian FPSO

Australia’s Karoon Energy has engaged in negotiations to take possession of a floating production, storage, and offloading (FPSO) vessel working on its project off the coast of Brazil with the FPSO’s current owner and operator, Altera & Ocyan (A&O).

about 1 year ago
The appraisal drilling at Block 58 was done with the Maersk Valiant (now called Noble Valiant) drillship; Source: Noble Corporation
Oil & Gas

NOC raising funds to cover its share of costs for TotalEnergies-led $12.2B oil project off Suriname

Staatsolie is taking action to secure the money required to cover its part of the development costs for the first-ever offshore oil field in Suriname, which is operated by TotalEnergies.

about 1 year ago
Leucipa offshore rig connection; Source: Baker Hughes
Oil & Gas

Baker Hughes’ automated solution makes its first foray into Sub-Saharan Africa to optimize oil & gas production

Baker Hughes has received a new order to deploy its integrated digital production optimization solution for offshore operations in Nigeria, which marks the first adoption of its system in Sub-Saharan Africa.

about 1 year ago
NAGA 8 rig; Source: Velesto
Oil & Gas

Exclusive interview: Velesto going after three Ds – Digitalization, decarbonization, and diversification for enhanced drilling and oil & gas era

Technological advancement, supportive policy regulations, and integration of greener and cleaner power innovations are a bedrock of an equitable energy transition age for Malaysia’s Velesto Energy, which has set its cap on growth and expansion by dipping its toes into robotics and eyeing potential d

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