Oil and gas firm Ithaca Energy has exercised all three remaining weeks of options for Prosafe’s Safe Caledonia accommodation rig, which will continue providing support at its Captain field in the U.K. sector of the North Sea.The extension will…
4Subsea, a provider of tech solutions for the offshore energy industry, has been awarded a project under the DeepStar consortium to develop an industry guideline for monitoring polyester mooring lines used in deepwater floating systems, the company said…
Italian offshore services firm Saipem has informed that its jack-up rig Perro Negro 7 will resume operations off Saudi Arabia for Aramco, starting January 2026.The contract for Perro Negro 7 was awarded to Saipem in 2011 and extended in June 2023 for 10 years…
Murphy Oil Corporation has drilled an appraisal well at the Hai Su Vang oil field offshore Vietnam, confirming a larger hydrocarbon column and strengthening the field’s recoverable resource potential.The Hai Su Vang-2X appraisal well was drilled in Block 15-2/17 in the Cuu Long Basin…
Abu Dhabi National Oil Company (ADNOC) has taken a final investment decision on the SARB Deep Gas Development, a strategic offshore gas project within the Ghasha Concession, offshore United Arab Emirates.The project is expected to deliver up…
Shell has agreed to buy stakes in two undeveloped offshore blocks in ultra-deep waters offshore Angola from Chevron, the European energy major said on Tuesday.European oil majors have said they will spend billions in Angola, Sub-Saharan Africa's second-largest crude oil producer after Nigeria…
Hytech-Pommec announced that Joris Vogels has been appointed Chief Executive Officer as of January 1, 2026. He succeeds Eric Lamkin, who has led the company in recent years and will remain closely involved in its strategic direction as a shareholder…
QatarEnergy has signed a Memorandum of Understanding (MoU) with Egypt’s Ministry of Petroleum and Mineral Resources to strengthen cooperation in the energy sector, including the supply of liquefied natural gas (LNG).Under the agreement, QatarEnergy…
Brazilian state-run oil firm Petrobras expects to start production at its P-79 oil platform in the Santos Basin in the second quarter, director for engineering, technology and innovation Renata Baruzzi told Reuters on Friday.Petrobras had previously…
As offshore wind rises to meet ambitious climate goals, balancing the need for infrastructure with maintaining biodiversity has become a pressing challenge. One innovative, recent example is the installation of the UK’s first nearshore artificial nesting structures…
French cable maker Nexans has set a new world record in the subsea power cable industry after installing a 500 kV high-voltage direct current (HVDC) subsea cable at a depth of 2,150 meters on Italy’s Tyrrhenian Link project.The installation…
Brazilian state-run oil company Petrobras has approved the final investment decision (FID) for Module 2 of its Sergipe Deep Waters (SEAP II) project in the Sergipe-Alagoas Basin, a move that will expand the availability of domestic natural gas…
The Caspian Pipeline Consortium, which delivers oil from Kazakhstan, said it had suspended oil exports from the Black Sea's terminal on Monday due to bad weather.It also said that terminal has halted oil intake due to full reservoirs until weather improves…
Deep Value Driller has agreed with Saipem to extend the bareboat charter for its seventh-generation drillship Deep Value Driller and to prolong the period during which Saipem may exercise an option to buy the vessel.Under the amended agreement…