The Bureau of Ocean Energy Management has issued a Notice of Intent to prepare an Environmental Impact Statement for a proposed update to the Santa Clara Unit Development and Production …
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U.S. officials are drafting agreements to pay French oil major TotalEnergies TTEF.PAabout $1 billion in settlements due to the cancellation of leases for its wind farms in federal waters off …
Petrobras will exercise its right to purchase Malaysian company Petronas' 50% stake in two offshore fields in Brazil for $450 million, according to a securities filing. Following the deal, Petrobras …
Eni has marked a pair of strategic milestones, advancing its gas position offshore Angola while reinforcing its financial flexibility through a new multi-billion-dollar credit facility. In Angola, the company announced …
The Trump administration is weighing a broad exemption from protections for endangered species for oil and gas drillers operating in the Gulf of America. The move is aligned with President …
Tampnet won a contract with Porthos CO2 Transport and Storage C.V. to deliver communications infrastructure for what will be the first CO₂ injection platform on the Dutch Continental Shelf. The …
Seadrill has announced that Sonadrill Holding, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded a contract extension. A seven-well priced option for the ultra-deepwater drillship …
Brazilian state-run firm Petrobras said on Monday it had decided to exercise its right to purchase Malaysian company Petronas' 50% stake in two offshore fields in Brazil for $450 million, …
Sable Offshore on Monday said it had begun pumping oil on a long-disputed pipeline system linking the Santa Ynez offshore platform to California refineries after emergency orders from the Trump …
Trendsetter Vulcan Offshore (TVO) completed a unique tethered blowout preventer (TBOP) installation in the Gulf of America (GoA) to reduce wellhead fatigue in soft seabed conditions. TVO’s proprietary technology was …
Ukraine's Naftogaz, which discovered "substantial" offshore gas reserves in the Black Sea before Russia's invasion, is in talks with Romania's OMV Petrom to form a partnership relating to the field, …
Eni has made two new gas discoveries in Libya as a result of an exploration campaign initiated in the past months. Two adjacent geological structures, Bahr Essalam South 2 (BESS …
Equinor has completed its internal investigation into the workplace accident at Mongstad on 17 September 2025, in which a worker lost his life. The purpose has been to ensure learning …
Kent has been selected by EnEarth, to perform the front end engineering design (FEED) for the Prinos CO₂ Storage Project in Northern Greece. Kent will develop the FEED design for …
British energy major BP has received approval from the Trump administration to advance its Kaskida project in the Gulf of Mexico, a company spokesperson told Reuters in an emailed statement …
U.S. Secretary of Energy Chris Wright has authorized an immediate 13% increase in exports at Venture Global’s Plaquemines LNG Terminal in Louisiana. The authorization allows additional exports of up to …
In separate ad hoc meetings of the Gas Coordination Group and the Oil Coordination Group held on March 12, the Commission and EU countries assessed the situation concerning the EU’s …
Revolution Wind, a 50/50 joint venture between Global Infrastructure Partners’ Skyborn Renewables and Ørsted, started delivering power to New England's electric grid on March 14. Revolution Wind, a 704MW offshore …
The Trump administration on Friday directed Sable Offshore to restore oil drilling operations off the southern California coast, the U.S. Energy Department said. The move aims to restart oil production …
U.S. officials responding to economic uncertainty over high oil prices predicted on Sunday that the U.S.-Israeli war on Iran would end within weeks and that a drop in energy costs …
Louis Dreyfus Company B.V. (LDC) appointed Sébastien Landerretche as the Group’s Chief Financial Officer (CFO), effective March 18 and based in Switzerland. Landerretche joined the Group in 2004, leading global …
Published Mar 13, 2026 11:44 am ET The outlook for the offshore support vessel (OSV) business has brightened considerably since the dark days of the previous decade and is possibly …
Maersk Offshore Wind has officially christened its new Seatrium-built wind turbine installation vessel (WTIV) Maersk Viridis, marking the entry of the first vessel in the company’s new offshore wind installation …
OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7, has entered into an agreement to acquire the subsea business of Norway-based Envirex Group. The acquisition is expected to add …
RWE has completed the sale of its F.E.W. Baltic II offshore wind development project in the Polish Baltic Sea to Polish utility PGE. Following the transaction, PGE has become the …
Offshore drilling contractor Seadrill has appointed Samir Ali as its new chief executive officer (CEO). Effective immediately, Samir Ali will step up from its Executive Vice President, Chief Commercial Officer …
The drilling results from Shell’s Sirius 1X exploratory well in the Mediterranean Sea offshore Egypt have shown encouraging initial indications, Egypt’s Ministry of Petroleum and Mineral Resources said in an …
Worley has been selected by Chevron Cyprus Limited, a subsidiary of Chevron Corporation, to provide front-end engineering design (FEED) and procurement services for the Aphrodite Field Development Project offshore Cyprus …
Venezuela and Spanish energy group Repsol have signed "strategic agreements," the government of the South American country said in a statement on Thursday. Speaking on state-run television, acting President Delcy …
Iranian crude oil has continued to flow through the Strait of Hormuz at a near-normal pace even as Tehran-linked attacks on ships in the narrow waterway have decimated exports from …
TotalEnergies has lost 15% of its oil and gas output as the U.S.-Israeli war with Iran shuts fields across the Middle East, including in the UAE, Qatar and Iraq, the …
The CEO of Norway's state-controlled company Equinor said that the company does not have any spare capacity to increase its oil and gas output due to Middle East supply shortages. …
Kongsberg Discovery has secured the first commercial order for its Kongsberg Listen electromagnetic sensing solution, with subsea services provider DOF selecting the technology for deployment on a HUGIN autonomous underwater …
Lloyd’s Register (LR) has certified XOCEAN’s X-30 Remotely Operated Uncrewed Vessel (ROUV) to the UK Maritime and Coastguard Agency’s Workboat Code Edition 3 (WBC3), including the Annex 2 requirements for …
U.S subsea equipment and services provider for oil and gas sector KOIL Energy has secured a contract from an international oil company to perform load out, transit, installation monitoring, and …
Petronas has confirmed a hydrocarbon discovery at the Barokah-1 exploration well in the North Ketapang Production Sharing Contract (PSC) offshore East Java, Indonesia. The discovery was made by Petronas through …
Boskalis Subsea Services has secured a multi-million-dollar offshore decommissioning contract with Shell UK. The award marks the first decommissioning-specific project Boskalis will carry out for the operator. Under the contract, …
Everllence has secured a contract to supply compressor technology for Thailand’s first carbon capture and storage (CCS) project at the Arthit gas field in the Gulf of Thailand. The company …
Oil prices rose sharply on Thursday as Iran stepped up attacks on oil and transport facilities across the Middle East, fuelling concerns of a prolonged conflict and potential disruptions to …
AquaTerra Group has completed what it said is the first full-length internal repair of a seawater and drilling cuttings disposal caisson on an offshore production platform in the North Sea, …
MidOcean Energy, an LNG company backed by U.S. energy-focused private equity firm EIG, has agreed to acquire additional Australian liquefied natural gas project stakes from Japan’s JERA, the companies said …
The International Energy Agency on Wednesday agreed to release a record 400 million barrels of oil from strategic stockpiles to combat a spike in global crude prices since the start …
A sale of drilling rights in the Gulf of Mexico on Wednesday ended with $46.98 million in high bids from oil and gas companies, with a single bid from BP …
Energean has agreed to acquire Chevron’s interests in two producing offshore blocks in Angola, marking the company’s entry into the West African upstream sector. The agreement covers Chevron’s 31% operated …
U.S. President Donald Trump plans to invoke emergency law for Sable Offshore as it looks to restart production from a cluster of offshore platforms in California, Bloomberg News reported on …
Bernhard Schulte Offshore (BSO) has taken delivery of a new commissioning service operation vessel (CSOV). The Windea Carnot, which was built at Ulstein Verft in Norway on behalf of an …
Major industry announcements and new product launches continued to drive significant visitor numbers and plentiful business activity as Oceanology International 2026 (Oi26) surpassed expectations on the second day at Excel …
Lighting company Glamox has secured a contract to supply marine lighting systems for the Shinan Ui offshore wind farm, set to become South Korea’s largest offshore wind project. The contract …
OneSubsea, a joint venture between SLB, Aker Solutions, and Subsea7, has secured an engineering, procurement and construction (EPC) contract by Thai’s PTT Exploration and Production Public Company Limited (PTTEP) for …
The first gas injection on Petrobras’ P-78 floating production, storage and offloading (FPSO) unit has been achieved just 61 days after the vessel reached first oil on December 31, 2025. …
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