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
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
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
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.
Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, has awarded SLB OneSubsea with a contract for the supply of controls umbilicals for a project offshore Angola. The West Hub Tails project, part of the Integrated West Hub (IWH) development in Block 15/06, includes the redirection of
Babcock LGE, a Rosyth-based marine engineering business within Babcock International, has won a new assignment with South Korea’s Samsung Heavy Industries (SHI) that covers four 88,000-cubic-meter (cbm) very large gas carriers (VLGCs), bolstering its position in the global liquefied gas handling mar
A carbon capture facility has been inaugurated in the Netherlands at Yara’s plant, from where CO2 will be transported by ship to Norway for permanent storage under the seabed as part of the Northern Lights project. Deemed Europe’s largest industrial carbon capture facility, it will capture up to 800
Australian energy company Santos has taken steps to boost its stake in a liquefied natural gas (LNG) project in Papua New Guinea, Oceania.
Malaysia’s state-owned oil and gas heavyweight Petronas is using artificial intelligence (AI) to transform the country’s exploration and production investment landscape, helping investors identify and evaluate upstream opportunities faster as it seeks to attract more capital and accelerate projects
