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Oil & Gas

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Kristin platform; Credit: Marit Hommedal/Equinor
Oil & Gas

Norway marks its second best oil & gas exploration year in decade

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.

about 8 months ago
Normand Turquesa vessel at sea
Oil & Gas

Petrobras keeps Solstad’s 2007-built vessel busy for another year

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.

about 8 months ago
Aker Solutions cuts workforce and capacity due to lower activity outlook
Oil & Gas

Aker Solutions cuts workforce and capacity due to lower activity outlook

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

about 8 months ago
Deepsea Yantai; Source: Odfjell Drilling
Oil & Gas

Norwegian player scores new gig on Odfjell Drilling-managed rig

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.

about 8 months ago
Aker Solutions
Oil & Gas

Up to $1.2 billion in Aker Solutions’ bag as new deals with Equinor come in

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

about 8 months ago
Illustartion; Source: Wood Mackenzie
Oil & Gas

Southeast Asia richer for its ‘biggest’ black gold find in two decades and third largest since 2000

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

about 8 months ago
An offshore rig
Oil & Gas

Golden Sea Lion roars with appraisal success at oil discovery offshore Southeast Asia

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.

about 8 months ago
Transocean Equinox, former Songa Equinox; Credit: ALP Maritime
Oil & Gas

Evaluation coming up next to shed light on early indications of gas presence offshore Australia

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

about 8 months ago
Equinor expands Archer’s scope for P&A of 30 subsea wells
Oil & Gas

Equinor expands Archer’s scope for P&A of 30 subsea wells

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

about 8 months ago
Noble Sam Croft drillship; Source: Noble Corporation
Oil & Gas

Noble puts Axess on inspection and certification duty for rig quartet offshore Guyana

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.

about 8 months ago
Petronas Sepat field; Source: Petrofac Uzma
Oil & Gas

Petronas hands out more work to Vantris offshore Malaysia

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.

about 8 months ago
LNG tanker Lebrethah at sea
Oil & Gas

Hanwha Ocean tasks GTT with tank design for seven LNG vessels

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).

about 8 months ago
Valaris DS-12 drillship; Source: Valaris
Oil & Gas

BP reiterates its plans to bolster investment in Egyptian oil & gas scene

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.

about 8 months ago
FPSO Agogo; Source: Yinson Production
Oil & Gas

Exclusive interview with Yinson Production: Deepwater plays setting the stage for ‘robust’ FPSO and FSO market dynamics

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

about 8 months ago
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