SBM Offshore is keeping Brazil and Guyana as the core hub of its FPSO activity, while eyeing new opportunities in West Africa.
XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has augmented its interest in a liquefied natural gas (LNG) export project in Texas, United States (U.S.).
Australian energy player Santos has achieved the first liquefied natural gas (LNG) cargo from its gas project off the coast of Australia’s Northern Territory, which is now en route to Japan.
Japan’s MODEC has joined forces with Eld Energy, a Norwegian fuel cell system company, to pursue a scalable multi-MW power system for floating production, storage, and offloading (FPSO) units to enable them to fully run on zero-carbon power.
Chevron Nigeria Limited (CNL), a subsidiary of the U.S.-headquartered Chevron and the operator of the Nigerian National Petroleum Company (NNPC)/CNL joint venture, has made a new hydrocarbon discovery off the coast of Nigeria, Africa.
Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, has updated its timeline for bringing back online an oil field off the coast of Benin that ceased production due to low oil prices in the late 1990s.
U.S.-headquartered offshore drilling contractor Noble Corporation has picked up new assignments for nine drilling rigs in its fleet, including a job for one of its semi-submersible units, which enables it to make its entrance into the Norwegian harsh environment floater market.
Beacon Offshore Energy, a Texas-based exploration and production company, has brought its initial well on stream at a field in the Gulf of America (the U.S. Gulf of Mexico) and drilled another one, which is anticipated to begin production by the end of the first quarter of 2026.
Vitol, an energy and commodities company, has prolonged its liquefied natural gas (LNG) sale and purchase agreement (SPA) with Brunei Energy Services & Trading (BEST), ensuring LNG supplies for four additional years.
Equinor has secured the green light from the Norwegian authorities for drilling activities in the Norwegian Sea, which will be undertaken with a semi-submersible rig owned by Transocean, an offshore drilling player.
McDermott has landed a major assignment, worth between $750 million and $1 billion, for an expansion project designed to boost offshore oil production at a development operated by the United Arab Emirates-headquartered energy heavyweight Abu Dhabi National Oil Company (ADNOC).
France-based geophysical services company Viridien and U.S.-headquartered technology player SLB are set to begin a large seismic acquisition and imaging program offshore Egypt that will help explorers and investors identify new opportunities for exploration and enhanced production. Viridien and SLB
Santos has confirmed the ongoing loading of the first liquefied natural gas (LNG) cargo from its gas project off the coast of Australia’s Northern Territory. This LNG cargo is destined for Japan.
The Gulf of Suez Petroleum Company (GUPCO) has put into production mode a new well at an offshore field in the Gulf of Suez, boosting its oil output off the coast of Egypt.
