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Prosafe Confirms $204M Deal with Petrobras for Safe Notos Flotel

Jun 18, 2025

Offshore accommodation firm Prosafe has confirmed the contract with Petrobras for its Safe Notos semi-submersible accomodation vessel, which will be put to work for safety and maintenance support offshore Brazil.Petrobras has ratified the result…

Equinor Expands Santons Basin Exploration Scope

Jun 18, 2025

Equinor has secured a new exploration opportunity in Brazil, having won the license for S-M-1617 offshore block in Santos Basin during the country’s fifth Open Permanent Concession bid round.The S-M-1617 license in Brazil was secured by Equinor…

Chevron Acquires Blocks in Brazil's Foz do Amazonas Basin

Jun 17, 2025

Exxon Mobil and Chevron on Tuesday took their first steps toward eventually exploring oil in Brazil's Foz do Amazonas basin, scooping up offshore blocks auctioned by the country in the promising but environmentally-sensitive area.The move marks…

UK Offshore Wind Industry Employs 40,000 People, New Report Finds

Jun 17, 2025

RenewableUK and the Offshore Wind Industry Council (OWIC) have released a new report showing that the number of people working in the offshore wind industry has risen from just over 32,000 two years ago to nearly 40,000 today – an increase of 24%…

Israeli Leviathan Gas Field Halts Production Amid Conflict with Iran

Jun 16, 2025

Israeli government has ordered Chevron’s subsidiary Chevron Mediterranean to halt production at its operated Leviathan offshore natural gas project amid security concerns related to the escalation of conflict with Iran.The Minister of Energy…

Egypt Halts Fertilizer Production In Light of Israeli Gas Disruptions

Jun 13, 2025

Egyptian fertilizer producers were forced to halt operations on Friday due to a drop in natural gas imports from Israel, industry sources told Reuters.They said major Israeli gas fields had suspended operations following Israel's military strikes…

TotalEnergies’ Unit to Build Battery Storage Site in Japan to Help Balance Grid

Jun 13, 2025

French oil major TotalEnergies' subsidiary Saft has been selected to build a 1 gigawatt-hour battery energy storage system in Japan's Fukushima, the company said on Thursday.Part of a larger project by Asian renewable developer Gurin Energy…

CCS Capacity to Quadruple by 2030, DNV Report Finds

Jun 13, 2025

DNV has published a report forecasting that carbon capture and storage (CCS) capacity is expected to quadruple by 2030, with sharp increase project pipeline capacity indicating that CCS is at a turning point.The immediate rise in capacity is…

Israel Orders Energean to Halt FPSO Production as Iran Launches Counterstrikes

Jun 13, 2025

British gas producer Energean said on Friday it has temporarily suspended the production and activities of its Power floating production storage and offloading (FPSO) located offshore Northern Israel due to the geopolitical escalation in the Middle East…

Norway Offers Exploration License for North Sea CO2 Storage to Equinor

Jun 13, 2025

The Norwegian Ministry of Energy has offered and exploration license for the storage of CO2 in North Sea to Equinor Low Carbon Solution.The license is offered with a binding work program with built-in milestones to ensure fast and efficient…

DNO Quadruples North Sea Production with Sval Energi Acquisition

Jun 12, 2025

Norwegian oil and gas operator DNO has completed the acquisition of Sval Energi Group from HitecVision, picking up 16 producing fields in Norway and quadrupling its North Sea production to 80,000 barrels of oil equivalent per day (boepd).DNO…

JERA Agrees New US LNG Supply Deals

Jun 12, 2025

JERA, Japan's biggest power generator, has agreed to new supply deals for U.S. liquefied natural gas from four projects to diversify its global portfolio away from its reliance on Australia, it said on Thursday.JERA plans to buy up to 5.5 million metric tons per annum (mtpa) of U…

Poland to Open 4GW Offshore Wind Auction in December

Jun 11, 2025

Poland has unveiled plans to hold its first offshore wind auction in December 2025, targeting 4 GW in new projects, as Equinor and Polenergia move to submit the pre-qualification application for their Bałtyk 1 offshore wind farm.Poland’s Energy…

OMV Petrom, NewMed Energy to Drill Another Exploration Well in Bulgaria’s Black Sea

Jun 11, 2025

OMV Petrom and NewMed Energy, the partners in the Bulgaria's Han Asparuh offshore block in the Black Sea, have reached the decision to drill an exploration well in the Krum Prospect.The drilling of the exploration in Krum prospect, named Krum-1…

RWE Inks O&M Deals with Clarkson Port Services for Nordseecluster OW Project

Jun 10, 2025

RWE Offshore Wind has awarded two long term agreements to Clarkson Port Services to support the operations and maintenance activities at its 1.6 GW Nordseecluster offshore wind project.The Dutch division of Clarkson Port Services will build a new warehouse facility in the port of Eemshaven…

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