Offshore
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.
News
August 13, 2025
ConocoPhillips has contracted Halliburton to deliver comprehensive well stimulation services to improve well performance and reservoir productivity. The contract spans five years and includes three optional extension periods.
News
August 12, 2025
Indonesia will continue diplomatic talks with Malaysia over the oil-rich blocks in disputed waters instead of pursuing legal action, according to a senior official.
News
August 12, 2025
TotalEnergies SE is planning a fresh drilling campaign offshore South Africa in a vast basin that includes major oil discoveries in neighboring Namibia.
News
August 11, 2025
Lime Petroleum AS (LPA) has published a production update on the Brage and Yme fields, located in the Norwegian North Sea. According to LPA, for the full month of July 2025, production at the Brage and Yme Fields combined was 11,941 boed.
News
August 11, 2025
Tampnet has deployed a Private Multi-Access Edge Compute (PMEC) with 4G/5G capabilities on Vår Energi’s Jotun FPSO, the first installation of its kind on a floating production storage and offloading unit (FPSO).
News
August 11, 2025
Vantage Drilling International Ltd. has completed its sale of the Tungsten Explorer to TEVA Ship Charter LLC, the joint venture entity owned 25% by Vantage Drilling and 75% by TotalEnergies.
News
August 11, 2025
Valmet has signed a nationwide agreement with Petrobras (Petróleo Brasileiro S.A.) for the supply of spare parts of Neles™ valves, actuators, and positioners across all Petrobras operational units
News
July 31, 2025
BOURBON announces the signature of a five-year contract with Eni Congo for the renewal of its crewboat fleet. This contract marks a strategic milestone to further reduce the emission associated to the offshore transport of personnel.
News
August 08, 2025
Teledyne Geophysical Instruments has launched eXtreamer, a small form factor streamer engineered for high-resolution marine seismic surveys. This adaptable system excels in challenging deployments, including large-scale configurations and compact winch systems.
News
August 08, 2025
C-Kore Systems recently delivered its subsea testing tool- TDR (Time Domain Reflectometry) to Belfast within six hours of receiving the initial request from Vermilion Energy, marking their fastest delivery in the company’s history.
News
August 08, 2025
Ammat Global Resources has announced an ambitious growth strategy for exploration and production in the Republic of Congo, aiming to increase the company’s oil and gas output by 70% over the next five years.
News
August 08, 2025
ExxonMobil Guyana has started production at Yellowtail, the fourth oil development in Guyana’s offshore Stabroek block. Yellowtail’s ONE GUYANA FPSO brings total installed capacity in Guyana to above 900,000 bopd.
News
August 07, 2025
Golar LNG has secured a 20-year FLNG charter with Southern Energy S.A. in Argentina, generating $400 million per year plus upside tied to LNG pricing. Delivery of the MK II unit is expected in 2028.
News
August 07, 2025
Yinson Production has acquired the $409 million FPSO Atlanta loan from Brava Energia in a $257 million cash deal, reinforcing its ownership position following first oil in December 2024.
Article
July 2025
A year ago, the Suriname-Guyana basin’s outlook for hydrocarbons seemed straightforward: "deploy one FPSO annually, exceed nameplate capacity, and repeat." However, there are non-hydrocarbon factors that today could significantly influence the region, even before Suriname’s first oil.
News
August 05, 2025
Perenco Brazil has completed its acquisition of the Cherne and Bagre concessions from Petrobras. The acquisition includes two fixed platforms previously hibernated and scheduled for decommissioning by Petrobras. Perenco is targeting 15,000 bpd mid-term production from the concessions.
News
August 04, 2025
bp has successfully started up its Argos Southwest Extension project, the first in a series of new projects planned in the Gulf of America/Gulf of Mexico over the next five years. The project adds 20,000 boed of production at the existing Argos platform.
News
August 04, 2025
bp today announced its largest discovery in 25 years at the Bumerangue prospect in the deepwater offshore Brazil. bp drilled exploration well 1-BP-13-SPS and discovered hydrocarbons at the Bumerangue block, located in the Santos basin.
News
August 01, 2025
Apus Energy has entered West Africa’s offshore frontier in Guinea-Bissau. With high-impact drilling now underway, the company is set to bring fresh momentum and investor attention to one of the region’s most underexplored hydrocarbon basins.
News
July 31, 2025
Ivory Coast and Eni SpA signed a contract for the acquisition of a new offshore oil-exploration block, according to minutes from a cabinet meeting. The deal has a duration of three years in the first phase and includes a minimum $20 million investment.
