Touchstone Exploration’s acquisition of the UK’s Trinity Exploration and Production, which has a portfolio of onshore and offshore oil assets located solely in Trinidad and Tobago, has fallen through since the latter has accepted the cash offer from a third company, Trinidad-headquartered Lease Oper
Chevron and its partners in a giant natural gas field off the coast of Israel have greenlighted a multimillion-dollar investment to start the ball rolling on the front-end engineering design (FEED) phase for the proposed expansion of the gas export capacity from this Mediterranean field.
DeepOcean has tucked a new decommissioning milestone under its belt by removing what has been deemed to be the largest subsea isolation valve (SSIV) in the North Sea.
Petronas has signed production sharing contracts (PSCs) with several oil and gas players for three clusters of discovered resource opportunities (DRO) situated offshore Peninsular Malaysia as part of the first round of Malaysia Bid Round Plus (MBR+).
Sval Energi has selected a comprehensive carbon capture and storage (CCS) solution developed by Canada-based Computer Modelling Group (CMG) for one of its CO2 transportation and storage projects in the Norwegian North Sea.
Given the worldwide rise in threats to energy and other underwater industries’ infrastructure such as offshore installations, pipelines, and cables, many countries, especially in Europe, have been upping their security ante to prevent further attacks.
Salunda, a UK-headquartered firm specializing in red-zone safety monitoring technology, has inked a deal with energy giant BP to install its monitoring solution on the latter’s North Sea assets.
UAE-based Gulf Marine Services (GMS), a provider of self-propelled and self-elevating support vessels for the offshore oil, gas, and renewables sector, has sealed a deal with three banks to refinance its bank debt.
Woodside Energy has bid a warm welcome to the newest addition to its global LNG fleet after the vessel came to Pluto LNG project site.
Archer has inked a deal to acquire Air Drilling Associates’ managed pressure drilling (MPD) subsidiary, ADA Argentina.
Texas-based Trendsetter Engineering has completed its scope of work for a deepwater oil project in the U.S. Gulf of Mexico, operated by the U.S.-headquartered LLOG Exploration.
Transocean has landed a new long-term ultra-deepwater drillship assignment in the U.S. Gulf of Mexico with BP.
South Korea’s Hanwha Ocean is on track to send off a fixed platform to its final destination where it will be installed at Qatar’s largest offshore oil field.
Following perforation ops, Trillion Energy is anticipating a ramp-up in gas production once it wraps up the installation of velocity strings.
