Offshore
News
August 21, 2025
Libya’s eastern parliament is poised to let Turkey explore for energy in the North African nation’s waters, according to people familiar with the matter, in what would be a sign of warming ties between Ankara and the region.
News
August 21, 2025
MedcoEnergi has received approval from the Government of Thailand for an extension of the production period for the Bualuang Oil Field (Block B8/38) in the Gulf of Thailand.
News
August 21, 2025
Kent plc has signed a binding agreement to acquire Exceed (XCD) Holdings Limited, a leader in well management, subsurface and decommissioning engineering services. The acquisition marks Kent’s strategic expansion in the fast-growing global decommissioning market.
News
August 21, 2025
Aker BP has completed its Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area. The recoverable volume is estimated at 96-134 million barrels of oil equivalent (MMboe).
News
August 20, 2025
Kabal, a logistics software provider for the energy industry, has won a contract with Phu Quoc Petroleum Operating Company (PQPOC) to optimize its offshore logistics in Vietnam. This partnership marks a significant step in Kabal’s strategic expansion in Southeast Asia.
News
August 20, 2025
Strohm has won a contract to supply four TCP Jumpers for installation in a deepwater field offshore Malaysia. The end customer is a major Southeast Asian operator with international exploration projects.
News
August 20, 2025
Norway’s monthly oil production jumped to the highest in over a decade last month, following the ramp-up of Equinor’s new Johan Castberg field in the Barents Sea.
News
August 19, 2025
Indonesia Energy Corp. (IEC) has signed an MOU with Aguila Energia e Participações Ltda. (AEP). The MOU establishes a collaborative framework for the companies to evaluate and pursue potential oil and gas opportunities in Brazil.
News
August 18, 2025
Brazilian oil company Prio said Monday that the local regulator, ANP, has mandated a production halt at the Peregrino FPSO due to necessary improvements in risk management documentation and adjustments to the deluge system, according to a Reuters report.
News
August 14, 2025
Tenaris has reached a new technical milestone in offshore Brazil with the successful deployment of corrosion-resistant alloy (CRA) tubulars with its renowned Dopeless® technology in two wells located in the Búzios and Jubarte fields.
News
August 14, 2025
Gabon is laying the groundwork for a new phase of growth, with recent upstream momentum being fueled by the Bourdon discovery in the offshore Dussafu License in March 2025, alongside production increases led by Perenco, BW Energy and VAALCO Energy.
News
August 14, 2025
Azule Energy, a joint venture between bp and Eni, is fast-tracking its Namibia oil operations as it competes with companies including TotalEnergies SE to be among the first to produce crude in one of the world’s newest hotspots.
News
August 14, 2025
DOF Group ASA has been awarded two new long-term contracts in Brazil. Following the same competitive tender process that resulted in the previously announced contract award of Skandi Achiever on a 4-year charter as RSV, Skandi Carla and Geoholm have also been contracted on 4-year charters with Petrobras.
News
August 14, 2025
A South African court has overturned a decision granting TotalEnergies environmental authorization for an oil exploration block offshore the country’s west coast, ruling that the environmental impact assessment for the block was “deeply flawed."
News
August 13, 2025
Brazil’s state-controlled oil company received permission from regulators to perform emergency response drills near the mouth of the Amazon River, a crucial step toward winning approval to explore in a region the company has been pushing to access for years.
News
August 13, 2025
ExxonMobil has signed a deal to explore for oil and gas off the coast of Trinidad and Tobago, a decade after making the world’s largest discovery in a generation in nearby Guyana.
News
August 13, 2025
ConocoPhillips has contracted Halliburton to deliver comprehensive well stimulation services to improve well performance and reservoir productivity. The contract spans five years and includes three optional extension periods.
News
August 12, 2025
Indonesia will continue diplomatic talks with Malaysia over the oil-rich blocks in disputed waters instead of pursuing legal action, according to a senior official.
News
August 12, 2025
TotalEnergies SE is planning a fresh drilling campaign offshore South Africa in a vast basin that includes major oil discoveries in neighboring Namibia.
News
August 11, 2025
Lime Petroleum AS (LPA) has published a production update on the Brage and Yme fields, located in the Norwegian North Sea. According to LPA, for the full month of July 2025, production at the Brage and Yme Fields combined was 11,941 boed.
News
August 11, 2025
Tampnet has deployed a Private Multi-Access Edge Compute (PMEC) with 4G/5G capabilities on Vår Energi’s Jotun FPSO, the first installation of its kind on a floating production storage and offloading unit (FPSO).
