Offshore
Article
August 2025
Despite the offshore support vessel (OSV) market historically facing supply and demand issues, amidst the need for greater sustainability and growth in renewables, it has entered a rare phase of calm. It’s critical to take advantage of this industry cycle phase to pursue efficiencies in OSV operations.
Article
August 2025
As offshore activity picks up, both in the U.S. and internationally, the need to construct new facilities is increasing. While some projects require customization, modular construction often can offer up standardization that operators frequently praise for cost savings and operational efficiencies.
Article
August 2025
The Mero-3 FPSO is among the largest deepwater oil production vessels, using advanced technology and engineering to boost oil recovery, cut emissions and improve efficiency in Brazil's Santos basin. Siemens Energy supplied topside modules, power generation, compression and electrical systems, showcasing the importance of FPSOs in global energy and sustainability efforts.
News
August 21, 2025
Libya’s eastern parliament is poised to let Turkey explore for energy in the North African nation’s waters, according to people familiar with the matter, in what would be a sign of warming ties between Ankara and the region.
News
August 21, 2025
MedcoEnergi has received approval from the Government of Thailand for an extension of the production period for the Bualuang Oil Field (Block B8/38) in the Gulf of Thailand.
News
August 21, 2025
Kent plc has signed a binding agreement to acquire Exceed (XCD) Holdings Limited, a leader in well management, subsurface and decommissioning engineering services. The acquisition marks Kent’s strategic expansion in the fast-growing global decommissioning market.
News
August 21, 2025
Aker BP has completed its Omega Alfa exploration campaign in the Norwegian North Sea, resulting in a significant oil discovery that adds substantial new resources to the Yggdrasil area. The recoverable volume is estimated at 96-134 million barrels of oil equivalent (MMboe).
Article
August 2025
As oil and gas operators continue to seek ways to reduce their carbon footprint, carbon capture and storage (CCS) is gaining traction. With CCS, carbon dioxide (CO2) emissions are captured, transported to CO2 storage sites, and injected into geological formations deep underground, where they remain indefinitely.
News
August 20, 2025
Kabal, a logistics software provider for the energy industry, has won a contract with Phu Quoc Petroleum Operating Company (PQPOC) to optimize its offshore logistics in Vietnam. This partnership marks a significant step in Kabal’s strategic expansion in Southeast Asia.
News
August 20, 2025
Strohm has won a contract to supply four TCP Jumpers for installation in a deepwater field offshore Malaysia. The end customer is a major Southeast Asian operator with international exploration projects.
News
August 20, 2025
Norway’s monthly oil production jumped to the highest in over a decade last month, following the ramp-up of Equinor’s new Johan Castberg field in the Barents Sea.
Article
August 2025
Digital transformation in offshore operations doesn’t begin with most advanced complex solutions. It starts with solving the everyday data access issues that engineers face. A contextual digital twin is doing just that for FPSO operators.
News
August 19, 2025
Indonesia Energy Corp. (IEC) has signed an MOU with Aguila Energia e Participações Ltda. (AEP). The MOU establishes a collaborative framework for the companies to evaluate and pursue potential oil and gas opportunities in Brazil.
News
August 18, 2025
Brazilian oil company Prio said Monday that the local regulator, ANP, has mandated a production halt at the Peregrino FPSO due to necessary improvements in risk management documentation and adjustments to the deluge system, according to a Reuters report.
News
August 14, 2025
Tenaris has reached a new technical milestone in offshore Brazil with the successful deployment of corrosion-resistant alloy (CRA) tubulars with its renowned Dopeless® technology in two wells located in the Búzios and Jubarte fields.
News
August 14, 2025
Gabon is laying the groundwork for a new phase of growth, with recent upstream momentum being fueled by the Bourdon discovery in the offshore Dussafu License in March 2025, alongside production increases led by Perenco, BW Energy and VAALCO Energy.
News
August 14, 2025
Azule Energy, a joint venture between bp and Eni, is fast-tracking its Namibia oil operations as it competes with companies including TotalEnergies SE to be among the first to produce crude in one of the world’s newest hotspots.
News
August 14, 2025
DOF Group ASA has been awarded two new long-term contracts in Brazil. Following the same competitive tender process that resulted in the previously announced contract award of Skandi Achiever on a 4-year charter as RSV, Skandi Carla and Geoholm have also been contracted on 4-year charters with Petrobras.
News
August 14, 2025
A South African court has overturned a decision granting TotalEnergies environmental authorization for an oil exploration block offshore the country’s west coast, ruling that the environmental impact assessment for the block was “deeply flawed."
News
August 13, 2025
Brazil’s state-controlled oil company received permission from regulators to perform emergency response drills near the mouth of the Amazon River, a crucial step toward winning approval to explore in a region the company has been pushing to access for years.
News
August 13, 2025
ExxonMobil has signed a deal to explore for oil and gas off the coast of Trinidad and Tobago, a decade after making the world’s largest discovery in a generation in nearby Guyana.
