
As the global oil and gas industry continues to seek more hydrocarbons to replace depleting reserves, the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has highlighted the country’s exploration results in 2025 as being among the best in several years.

Brazil’s state-owned energy giant Petrobras has prolonged a contract of an anchor handling tug supply (AHTS) vessel, owned by Solstad Offshore, a Norwegian shipping company.

Norwegian energy services provider Aker Solutions is set to make workforce and capacity cuts as a response to an anticipated decrease in activity levels this year. After several years of record-high workload, Aker Solutions announced yesterday, January 7, that it expects activity levels to decrease

Norway-based cleantech service provider Soiltech has won a new assignment to perform fluid treatment and other services on a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.

Aker Solutions, a Norway-based energy services provider, has sealed multiple long-term assignments with Equinor, a compatriot state-owned energy giant.

With the appraisal insights regarding an oil find offshore Vietnam coming to light, Wood Mackenzie, an energy intelligence group, has labeled this hydrocarbon exploration success as “the biggest oil discovery in Southeast Asia of the last 20 years,” perceived to offer a potential lifeline to Vietnam

Houston-based oil and gas company Murphy Oil has achieved a new appraisal milestone related to an oil find in the Cuu Long Basin approximately 40 miles off the coast of Vietnam, Southeast Asia. This move is perceived to have unlocked significant resource upside.

ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has intersected gas in Waarre reservoirs during drilling activities at a well in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore drilling play

Norwegian state-owned energy company Equinor has awarded oil services company Archer with a multi-year integrated contract covering the plug and abandonment (P&A) of 30 subsea wells, with options for the extension to other such projects across Equinor’s portfolio. The contract builds on the planning

Noble Corporation, a U.S.-based offshore drilling giant, has entrusted Norway’s asset integrity management company Axess Group with the provision of inspection and certification services for four mobile offshore drilling units (MODUs), which are deployed off the coast of Guyana.

Sapura Offshore, an indirect wholly-owned subsidiary of Malaysia’s oil and gas services provider Vantris Energy, formerly known as Sapura Energy, has secured new work orders for offshore transportation and installation (T&I) activities off the coast of Malaysia.

South Korea’s Hanwha Ocean shipyard has put France’s technological containment specialist Gaztransport & Technigaz (GTT) in charge of designing tanks for seven new liquefied natural gas carriers (LNGCs).

UK-headquartered energy giant BP has reaffirmed its investment boost in the natural gas exploration and production agenda in the Mediterranean Sea off the coast of Egypt.

With Brazil, West Africa, Southeast Asia, and Namibia at the heart of its expansion quest and its frontier push revolving around carbon capture and low-carbon moves, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has set its cap