Kistos, an independent energy company focused on generating value across the upstream and midstream markets, noted an announcement made today by Vår Energi, the operator of the Balder Area, regarding the tow-out of the Jotun FPSO from the Worley Rosenberg yard in Stavanger, Norway.  SourceContinue Reading

Gulf Marine Services (GMS), a leading provider of self-propelled, self-elevating support vessels to the offshore energy industry, has secured three-year contract extensions with a major National Oil Company (NOC) in the Middle East for two of its vessels. SourceContinue Reading

Fulkrum announced today the successful completion of its vendor surveillance work for Shell’s pioneering Penguins project. The six-figure contract, secured in March 2020, spanned five years and has now reached completion, with the project officially in production. SourceContinue Reading

Cairn Oil & Gas and 2H Offshore announced the commencement of a significant offshore India development project. The partnership was signed in the presence of Vedanta Chairman Mr. Anil Agarwal, at this week’s CERAWeek by S&P Global energy conference. SourceContinue Reading

(WO) – With the general sense of excitement about U.S. production carrying over from panels earlier in the week, ExxonMobil’s panel on operations in the Permian basin convened with great enthusiasm during day three of CERAWeek 2025 by S&P Global. SourceContinue Reading

Salunda has launched the Latch Hawk 2 fingerboard latch monitoring device, marking a significant step forward in preventing dropped objects and improving safety during pipe handling on offshore drilling rigs. SourceContinue Reading

Murphy Oil Corporation has announced an agreement to acquire the BW Pioneer FPSO from BW Offshore. The FPSO will remain at its current location, supporting operations at the Cascade field and Chinook field in the Gulf of America. SourceContinue Reading

Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman issued a statement of support on EPA’s announcement today of actions to advance President Trump’s Day One executive orders on energy. SourceContinue Reading

Venezuelan oil contractors are continuing their work with Chevron Corp. and have not been warned of an impending shutdown despite a U.S. government deadline to stop producing oil there by early April. SourceContinue Reading

American Petroleum Institute President and CEO Mike Sommers issued a statement after the U.S. Environmental Protection Agency announced plans to reconsider several major rulemakings as part of a broader agenda to support American energy dominance. SourceContinue Reading