General – Partnership
Recently, Petrovietnam Deputy CEO Lê Xuân Huyên hosted a working session with a delegation from Chevron at Petrovietnam Headquarters in Hanoi.
[Read more…] about Strategic partnership Chevron and PetrovietnamStaatsolie signs contracts for Block 9 & Block 10
Fossil Energy – Suriname
On Wednesday, November 5, 2025, Staatsolie Maatschappij Suriname signed Production Sharing Contracts (PSCs) for offshore Blocks 9 and 10.
[Read more…] about Staatsolie signs contracts for Block 9 & Block 10Valaris scores $190M new offshore drilling and wind contracts
General – Contracts
Offshore drilling contractor Valaris has secured a series of new contracts and extensions worth about $190 million in the North Sea and Middle East regions, lifting its total contract backlog to $4.5 billion.
[Read more…] about Valaris scores $190M new offshore drilling and wind contractsEquinor drops offshore electrification plans
General – Norway
Equinor has abandoned plans to connect several of its offshore oil and gas platforms to Norway’s onshore power grid, citing rising costs that have rendered the projects unprofitable.
[Read more…] about Equinor drops offshore electrification plansExxonMobil re-enters Iraq with new exploration agreement
Fossil Energy – Iraq
ExxonMobil and Iraq have signed an agreement for the US supermajor to re-enter the Middle East country, although neither side released many details about what the plan will entail.
[Read more…] about ExxonMobil re-enters Iraq with new exploration agreementRich gas condensate discovery Namibia
Fossil Energy – Discovery
Rhino Resources, in partnership with Azule Energy, NAMCOR NAMIBIA, and Korres Investments, has announced a rich gas-condensate discovery (~40° API) with the Volans-1X well in PEL 85.
[Read more…] about Rich gas condensate discovery NamibiaFPSO P-78 arrives at Búzios field offshore Brazil
Fossil Energy – FPSO
After leaving the Benoi shipyard in Singapore on July 13th, the FPSO P-78 arrived Tuesday, September 30th, at the Búzios Field in the pre-salt layer of the Santos Basin.
[Read more…] about FPSO P-78 arrives at Búzios field offshore BrazilShell starts up Victory gas field in UK North Sea
Fossil Energy – Production
Shell UK has started production from the Victory gas field in the UK North Sea, approximately 47 km north-west of the Shetland Islands.
[Read more…] about Shell starts up Victory gas field in UK North SeaTechnipFMC supplies subsea system for Hammerhead project
Fossil Energy – Guyana
TechnipFMC has been awarded a contract by ExxonMobil Guyana to supply subsea production systems for the Hammerhead development in Guyana’s Stabroek Block.
[Read more…] about TechnipFMC supplies subsea system for Hammerhead projectGEOxyz signs Memorandum of Agreement with Starfix
General – Collaboration
GEOxyz has signed a Memorandum of Agreement with Starfix Geosolutions Services, a Nigerian company active in geomatics, geophysical, geotechnical, and positioning services.
[Read more…] about GEOxyz signs Memorandum of Agreement with Starfix