EnerMech has secured a one-year extension to maintain cranes and deliver integrity services across six offshore assets—including multiple FPSOs—in North West Australia, strengthening a partnership that dates back to 2019. SourceContinue Reading
The U.S. Department of the Interior has proposed its most expansive offshore leasing plan in years—up to 34 OCS lease sales across the Gulf of America, Alaska and the Pacific. API, NOIA and IPAA call it a “historic step” toward restoring U.S. offshore competitiveness and strengthening long-term energy security. SourceContinue Reading
HKN Energy and Iraq’s Ministry of Oil have finalized technical terms for the Hamrin oil field, advancing the project toward a full contract and future production growth. SourceContinue Reading
ExxonMobil has lifted force majeure on its Rovuma LNG project in Mozambique, clearing the way for work to resume and bringing the long-delayed development closer to FID as regional security improves. SourceContinue Reading
TotalEnergies has formally rejected allegations linking its Mozambique LNG project to violence reported in 2021, citing early site evacuation and ongoing official investigations into the claims. SourceContinue Reading
Baker Hughes has secured a major order for 25 aeroderivative gas turbines from Dynamis Power Solutions, supporting a new high-capacity mobile power system designed for upstream, refining and petrochemical operations across North America. SourceContinue Reading
Altera Infrastructure says Aberdeen’s deep offshore expertise is driving rapid progress at Ivory Coast’s Baleine field, where the Petrojarl Kong FPSO reached first oil in just 24 months and now supports growing local content and lower-emission operations. SourceContinue Reading
Chevron CEO Mike Wirth signaled the company’s long-term commitment to Venezuela’s vast oil reserves, saying the major sees a future role in helping rebuild the nation’s energy economy once political conditions allow—even as U.S. pressure on the Maduro regime intensifies. SourceContinue Reading
Alaska oil output is set for its biggest annual jump since the 1980s. New EIA data show North Slope production climbing 13% in 2026, driven by fast-ramping barrels from ConocoPhillips’ Nuna project and Santos/Repsol’s Pikka Phase 1 development. SourceContinue Reading
DeepOcean has won a UK North Sea subsea tie-back contract involving riser, flowline and umbilical installation, with engineering led from Aberdeen and offshore work set in two phases. SourceContinue Reading