OKEA ASA has announced oil discoveries made in the Cook and Statfjord formations of Norway’s Brage Field. The discoveries are considered commercial with preliminary estimates of gross recoverable resources in the range of 16 to 33 million MMboe. SourceContinue Reading

PXGEO has secured its first contract in Malaysia to deliver offshore seismic data acquisition services under a two-year agreement. The campaign will play a key role in supporting Malaysia’s drive to unlock new hydrocarbon resources and accelerate upstream exploration. SourceContinue Reading

TotalEnergies and its partners, Equinor and Shell, announce that the first CO2 volumes were successfully transported to the Northern Lights facilities in Øygarden. They were then injected 2,600 m below the seabed into the storage facilities, offshore Norway. SourceContinue Reading

SLB announced today that its OneSubsea™ joint venture has been awarded an engineering, procurement and construction (EPC) contract by Equinor for a 12-well, all-electric Subsea Production System (SPS) in the Fram Sør field, offshore Norway. SourceContinue Reading

Seadrill Limited today announced Sonadrill Holding Ltd, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded two contracts. The West Gemini secured a contract with Sonangol Exploração & Produção, S.A. for work in Angola. SourceContinue Reading

Crescent Energy today announced a definitive agreement to acquire shale rival Vital Energy in an all-stock transaction valued at approximately $3.1 billion. The merger positions Crescent as a top 10 independent producer, with a scaled and focused asset portfolio across the Eagle Ford, Permian and Uinta Basins. SourceContinue Reading

Woodside has won a favorable decision from the Federal Court confirming the validity of the Scarborough Operations Environmental Plan, the final environmental approval required for Woodside to connect, commission and operate the Scarborough FPU. SourceContinue Reading

Perupetro on Friday announced a new strategy to increase hydrocarbons exploration in order to boost its domestic natural gas reserves. From 2037, Peru could be forced to import natural gas due to a decline in exploration and new discoveries. SourceContinue Reading

Angolan oil producer Etu Energias is pursuing accelerated oil production in Angola, with advancements in onshore exploration and offshore development positioning it to achieve its 80,000 bpd goal. SourceContinue Reading

After the U.S. Department of the Interior ordered all work on the Revolution Wind project to stop on Friday, National Ocean Industries Association (NOIA) President Erik Milito spoke out against the decision, calling it detrimental to the U.S.’s offshore energy supply chain. SourceContinue Reading