Longitude Engineering has landed a contract to provide detailed engineering and project management services for Petroleum Marine Services (PMS), the main EPIC contractor for the Phase XI Deepwater Project of the West Delta Deep Marine (WDDM) concession.  SourceContinue Reading

EnerMech has been awarded a three-year fixed term contract with a further extension options by Dana Petroleum. The contract covers the provision of Offshore Shutdown Support Services for the Triton FPSO vessel located in the UK North Sea. SourceContinue Reading

National Ocean Industries Association (NOIA) President Erik Milito issued a statement on Thursday as the One Big Beautiful Bill Act (OBBBA) heads to U.S. President Trump’s desk for signature. “With President Trump’s signature, OBBBA will restore certainty to the offshore oil and gas leasing process,” Milito said. SourceContinue Reading

Venture Global on Thursday announced the execution of a new 20-year Sales and Purchase Agreement (SPA) with PETRONAS. Under the terms of the SPA, PETRONAS will purchase 1 MMtpa of LNG from Venture Global’s third facility, CP2 LNG, for 20 years. SourceContinue Reading

Perenco Vietnam and its partners in Block 15-1 have signed a new Production Sharing Contract (PSC) with the Socialist Republic of Vietnam, marking the beginning of a new 25-year chapter for the group in the country. SourceContinue Reading

Seatrium has been awarded a Floating Storage Regasification Unit (FSRU) conversion contract from Kinetics, an energy transition initiative by Karpowership. The project involves the conversion of an LNG carrier (LNGC) into an FSRU named LNGT Turkiye. SourceContinue Reading

The Energy Workforce & Technology Council (EWTC) on Thursday released its June 2025 jobs report, reflecting a modest dip in employment within the energy services sector amid continued economic uncertainty. SourceContinue Reading

Germany has given the green light for drilling as much as 13 billion cubic meters (Bbcm) of natural gas at a protected marine site in the North Sea in a controversial step to bolster energy security following the Russia-Ukraine war and subsequent energy crisis. SourceContinue Reading

HCLTech and Equinor have expanded their IT collaboration to support the next phase of Equinor’s digital transformation. This expanded relationship will cover Equinor’s IT landscape across several key strategic areas. SourceContinue Reading

U.S. shale executives expect to drill significantly fewer wells this year than planned at the start of 2025, as lower oil prices and uncertainty around President Donald Trump’s tariffs hurt profits, according to a Federal Reserve Bank of Dallas survey. SourceContinue Reading