TotalEnergies has reported a new discovery on Block 17 offshore Angola, made in June, with first oil to be achieved three months later through a fast-track development. The Acacia-5 discovery will increase Block 17 production by 6,000 barrels per day, with first oil to be fast-tracked by leveraging
Odfjell Drilling has signed a letter of award (LOA) with Vår Energi for a 2019-built semi-submersible rig that it purchased at the end of 2025, extending the unit’s firm contract backlog until Q1 2031. The scope of work awarded for Deepsea Bergen includes a period of three years, starting in early 2
A naming ceremony has been held in South Korea for a new LNG carrier owned by Japanese Kawasaki Kisen Kaisha (“K” LINE) and Toho Gas. The naming ceremony took place at a Samsung Heavy Industries facility in South Korea on September 9 for the vessel named Toho Emerald, owned through a joint venture o
French provider of tubular solutions Vallourec and Saudi Arabia’s energy company Aramco have expanded their partnership that was set up in 1962 with the signing of a new agreement for the supply of oil country tubular goods (OCTG). The companies entered into an agreement in 1962 for the supply of th
South Korea’s Hanwha Ocean has secured a basic design review (BDR) certification from ABS for a standardized floating production, storage and offloading (FPSO) design developed for the South American and West African deepwater market, as well as related sustainability reviews. The review included th
Mumbai-headquartered L&T Energy Hydrocarbon Offshore (LTEH Offshore), a Larsen & Toubro business, has secured an order from India’s government-owned energy company Oil and Natural Gas Corporation (ONGC) for the additional development of a project off India’s west coast. LTEH Offshore’s scope covers
Shearwater Geoservices and SLB have launched a 3D multi-client seismic survey offshore Amapá in Brazil, said to address critical data needs as exploration interest grows following Petrobras’ Morpho hydrocarbon discovery. The survey area is located approximately 130 kilometers from the Morpho well in
U.S. offshore engineering and construction player McDermott has secured its first subsea contract with Eni for the first gas development in Cyprus. Operated by Eni and located in deep offshore waters approximately 185 kilometers southwest of the coast of Cyprus, in offshore Block 6, Cronos was disco
Saipem has secured a new contract with GOE Petrol Sanayi to provide commissioning services for a floating production unit (FPU) destined for Türkiye’s largest natural gas field. Saipem’s scope of work for the Osman Gazi FPU, intended for the development of the Sakarya gas field in the Turkish Black
Nord Gas Solutions, formerly Wärtsilä Gas Solutions, has been selected to supply the cargo handling systems (CHS) and LPG fuel supply systems (LFSS) for two new medium gas carrier (MGC) vessels being built by HD Hyundai. Under the contract signed in June, Nord Gas Solutions will deliver the equipmen
Norway’s Shearwater Geoservices has secured an ocean bottom node (OBN) survey contract in the North Sea, representing the first commercial deployment of its newly installed electric remotely operated vehicles (ROVs). The seven-week survey will be performed by the SW Tasman with Pearl nodes, as the R
Brazilian deepwater offshore drilling contractor Ventura Offshore has expanded its managed fleet by adding Eldorado Drilling’s seventh-generation drillship to its rig pool. The firm has also secured a multimillion-dollar assignment with Malaysia’s state-owned oil and gas heavyweight Petronas for a d
The Vertical Corridor is expanding into the Western Balkans, with North Macedonia and Serbia joining the regional gas initiative in a move set to strengthen energy diversification, cross-border connectivity, and security of supply from Greece to markets across Southeast and Central Europe.
Danish power cable manufacturer and installation firm NKT has inaugurated its expanded medium-voltage (MV) power cable factory in Asnaes, Denmark, where production has been ongoing since 1965. The expansion works began in September 2024 and included a new production hall, new production and test fac
