Nigeria has launched new terms and conditions for six offshore PSCs in a race to drive up production as the global energy transition moves forward
Yinson Holdings has signed an exclusivity agreement with super-major BP for the reservation of an FPSO for production of the Palas
The move will leverage Petrofac’s years of experience in operating onshore and offshore facilities and will deliver improved operations on KNK
Latin America’s largest economy Brazil is experiencing a massive offshore energy boom which has seen the country overtake Venezuela and Mexico
U.S. offshore oil production is booming as operators are bringing new platforms online.
Years of underinvestment in drilling activity have taken their toll on the offshore industry.
TGS has announced it will provide a second multi-client 3D seismic survey in Egypt’s Red Sea
TotalEnergies has made a significant discovery of light oil on the Venus field offshore southern Namibia
Yinson Holdings has signed a contract for provision, operation and maintenance of an FPSO with Enauta Energia
A floating production, storage and offloading vessel in Nigeria has been destroyed by an explosion, with fears growing over the fate of its crew.
Somoil has signed a sales agreement with TotalEnergies and its Japanese partner Inpex Corporation to purchase shares in offshore blocks 14 and 14A