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 →
Angola licensing round boosted by Viridien’s seismic reimaging program
Dec.10 (splash247.com) Viridien, formerly CGG, has announced a new multi-client seismic reimaging program over Angola’s highly prospective offshore block 22 to support the country’s upcoming licensing round. The 4,300 sq km high-end data set will provide insight into underexplored structures along the Atlantic Hinge zone, following the same trend as the proven Cameia and Golfinho... Continue Reading →
Sea Lion Oil Project in Falkland Islands Gets Green Light
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 →
Bourbon Inks Multi-Year PSV Deal with ExxonMobil in Guyana
Dec. 10 (OE) French offshore services provider Bourbon has signed a five-year contract, with extension options, with ExxonMobil Guyana (EMGL) to provide maritime services in Guyana. It will start in the first quarter of 2026, with the commissioning of the large platform supply vessel (PSV) Bourbon Calm and covers the transport of products essential to... Continue Reading →
US Judge Overturns Trump’s Ban on Wind Energy Project Permits
Dec. 9 (offshoreWIND.biz) A federal judge has struck down the US President Donald Trump’s indefinite halt of all federal approvals and permitting for new wind energy projects. In a ruling on 8 December, Judge Patti Saris of the US District Court for the District of Massachusetts ruled in favour of 17 US states and the... Continue Reading →
Shell Seeks Buyer for 20% Stake in Brazilian Oilfield Cluster
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 →
Lukoil’s international assets and potential buyers
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 →
TotalEnergies cements Namibia position with Galp asset swap
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 →
Suriname’s Gas-to-Shore Vision: What the Sloanea breakthrough really unlocks
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 →
Prio is studying the interconnection of the FPSOs Peregrino and Tubarão Martelo
Dec. 9 - Prio is studying the interconnection of the FPSOs of the Peregrino and Tubarão Martelo fields, leveraging the proximity and successful experience of previous interconnections in the Polvo/Tubarão Martelo cluster (Project Phoenix), to optimize costs, increase efficiency and maximize oil recovery, a strategic move following the acquisition of Peregrino from Equinor. Strategy Details:Opportunity:... Continue Reading →