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World Oil News
TechnipFMC has been given full notice to proceed with the previously announced contract for the first all-electric integrated project by the Northern Endurance Partnership (NEP), a joint venture between bp, Equinor, and TotalEnergies. Source
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Shell Offshore has announced a Final Investment Decision (FID) on the Phase 3 Silvertip project, which will deliver two wells to boost production at the Shell-operated Perdido spar in the U.S. Gulf of Mexico (GoM). Source
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An independent Texas oil and gas producer is striking back against a group of insurance companies, which are seeking $250 million in collateral beyond what the oil company has already contracted for bonds backing its production activities. Source
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Subsea resourcing specialist DRIFT Offshore has entered a partnership with Norwegian ROV specialist Kystdesign to strengthen the service offering of both businesses. Source
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SLB has announced a contract award by Petrobras, following a competitive tender, to its OneSubsea™ joint venture for two subsea raw seawater injection (RWI) systems to increase recovery from the prolific Búzios field. Source
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The Railroad Commission of Texas has hired two seasoned veterans who will help the agency navigate legislative affairs and oversee day-to-day engagement and outreach with the public and the media. Source
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SLB has secured an integrated services contract for all Petrobas’ operated offshore fields in Brazil. SLB will oversee the construction of more than 100 deepwater wells, utilizing advanced drilling, cementing and drilling fluids technologies on up to nine ultra-deepwater rigs. Source
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Tenaris and IGI Poseidon, a joint venture between Greece’s DEPA International Projects and Italy’s Edison S.p.A., have joined forces to advance the hydrogen transportation via ultra-deep offshore pipelines. Source
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Offshore Energies UK has announced that international disaster recovery specialist Lucy Easthope will provide the keynote speech at its 2025 Health, Safety and Environment Conference. Source
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SLB has secured an integrated services contract for all Petrobas’ operated offshore fields in Brazil. SLB will oversee the construction of more than 100 deepwater wells, utilizing advanced drilling, cementing and drilling fluids technologies on up to nine ultra-deepwater rigs. Source
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