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Ded. 15 (OE) BW Energy has signed a long-term lease agreement for the Maromba drilling and wellhead platform, converting a short-term lease for the Super Gorilla class jack-up rig BW MAROMBA B into a project lease with Minsheng Financial Leasing (MSFL). The new agreement covers the rig purchase and all costs required to bring the... Continue Reading →
Dec. 12 (offshore-energy.biz) TechnipFMC has delivered its 100th Subsea 2.0 tree to UK-headquartered energy giant Shell, the company that placed the first order for the subsea product platform. The subsea tree was manufactured, assembled, and tested at TechnipFMC’s dedicated facility for Subsea 2.0 in Nusajaya, Malaysia, and will be used on Shell’s project in the Gulf... Continue Reading →
Dec. 12 (OE) Offshore drilling contractor Valaris has secured a multi-year contract with Shell for its VALARIS DS-8 drillship, which will be put to work offshore Brazil. The contract is expected to start in the first quarter of 2027, with an estimated duration of approximately 800 days. The total contract value for the VALARIS DS-8,... Continue Reading →
Dec. 11 (OE) Energy data and intelligence firm TGS has secured a streamer 4D contract in the Campos Basin, offshore Brazil. A Ramform vessel is scheduled to mobilize for the survey in the second half of 2026, with the contract expected to last approximately 75 days. The value of the contract or the name of... Continue Reading →
Singapore, 10 Dec 2025 – Seatrium Offshore Technology, the flagship offshore jack-up designer forSeatrium Group, has been awarded a repeat contract by International Maritime Industries (IMI), thelargest shipyard in the MENA region, for the supply of equipment and license for a LeTourneau Super116E Class Self-Elevating Drilling Unit (SE-MODU), Kingdom 4. This latest award follows the... Continue Reading →
Dec. 10 (OE) Rockhopper Exploration has taken a final investment decision (FID) on Phase 1 of the Sea Lion oil development north of the Falkland Islands, allowing the long-delayed project to proceed after securing financing commitments and regulatory approvals. Partner and operator Navitas Petroleum has also approved FID. Rockhopper said both boards have approved financing... Continue Reading →
Dec. 9 (Reuters) Shell is seeking a buyer for a 20% stake in its Brazilian oilfield cluster to help fund a multibillion-dollar offshore development, Bloomberg News reported on Tuesday, citing sources. Shell declined to comment on the report, when contacted by Reuters. Shell held a 50% stake in Gato do Mato, which is a deepwater project offshore Brazil, and... Continue Reading →
Dec 9 (Reuters) - Russia's Lukoil has until December 13 to negotiate the sale of the bulk of its international assets after the U.S. imposed sanctions on the company and rejected its initial buyer, Swiss commodity trader Gunvor. Lukoil's international assets, spanning upstream oil and gas projects, refining, and more than 2,000 filling stations across Europe, Central Asia, the Middle... Continue Reading →
Dec 9 (Reuters) - TotalEnergies has cemented its position in offshore Namibia by agreeing to an asset swap with Portugal's Galp that makes the French company the operator of the major Mopane discovery, it said on Tuesday. In exchange for a 40% stake in the PEL83 licence holding the Mopane project, Galp will get a 10% interest... Continue Reading →
Dec. 9 (oilnow.gy) Suriname’s long-discussed gas-to-shore ambitions are gaining new momentum following PETRONAS’ recent declaration of commerciality for the Sloanea field in Block 52. The Sloanea-1 discovery, drilled in 2020, is now confirmed as a commercially viable gas field following appraisal work and technical studies carried out over the past two years. PETRONAS holds an 80... Continue Reading →
Brazil Energy Insight 