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Oil & Gas

QatarEnergy acquires interest in a new exploration block offshore Lebanon

Block 8 is located about 70 km off the southern coast of Lebanon in water depths of approximately 1700-2100 meters.

ADNOC announces final investment decision for the SARB Deep Gas Development

Project to deliver up to 200 million standard cubic feet per day, supplying enough energy to power more than 300,000 homes daily

Transocean announces contract award and extension totaling $168 million

In Norway, three one-well options have been exercised for the Transocean Enabler.

Oil and gas/condensate discovery near the Tyrihans field in the Norwegian Sea

Equinor and its partners have discovered oil/condensate/gas in the "Tyrihans Øst" prospect, about 250 kilometres southwest of Brønnøysund.

Saipem awarded two offshore contracts in Saudi Arabia

For the offshore operations Saipem will employ its construction vessels that are currently deployed in the region.

TechnipFMC awarded subsea contract for the Coral North FLNG development offshore Mozambique

TechnipFMC will manufacture and install flexible flowlines and risers, as well as install subsea manifolds and umbilicals.

Fugro supports Mubadala Energy’s deepwater gas development offshore North Sumatra

The Tangkulo Field comprises offshore sub-sea wells connected via flowlines to a Floating Production Storage and Offloading (FPSO) vessel, enabling gas processing and export.

SBM Offshore signs contract extension of FPSOs Mondo and Saxi Batuque

The scope of work is expected to start in 2026.

Equinor and Shell complete formation of Adura

Equinor and Shell have completed a deal to combine their UK offshore oil and gas operations to form a new company. Adura will be the UK North Sea’s largest independent producer.

Gas/condensate discovery in the North Sea

Equinor and its partner Aker BP have discovered hydrocarbons in the "Lofn" and "Langemann" prospects.

Shell grows interest in Atapu and Mero units offshore Brazil

Together with Petrobras, Shell Brasil deepened its stake in Atapu and Mero units

Rapid development extends the lifetime of Norne

On 2 December production started from the Verdande subsea field in the Norwegian Sea. The field is tied back to the Norne FPSO.

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