BP and its partner Chevron have made an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America.BP drilled the exploration well in Green Canyon Block 584, located in western Green Canyon approximately 120 miles (193 kilometers) off the coast of Louisiana in 4鈥
U.S.-based liquefied natural gas (LNG) export infrastructure development company Delfin Midstream has secured key permits and approvals for the construction of LNG projects, under development in Louisiana and offshore in the Gulf of America鈥
Canadian marine technology company Kraken Robotics is launching a synthetic aperture sonar (SAS) service for the global offshore energy market.Kraken鈥檚 commercial services team will have dedicated KATFISH towed SAS systems available for rental starting July 2025鈥
Norwegian seismic firm TGS has secured a shallow-water ocean bottom node (OBN) acquisition contract offshore Trinidad.The 3D baseline contract is scheduled to begin in early third quarter of 2025.The total duration of the survey is approximately 80 days鈥
The U.S. will hold an oil and gas lease sale in the Gulf of Mexico, as planned by the administration of former President Joe Biden, and will release a proposed notice of it in June, the Interior Department said on Friday.The auction of drilling鈥
Woodside Energy Australia鈥檚 top gas producer, said on Monday it agreed to sell a 40% stake in its Louisiana liquefied natural gas plant to U.S. infrastructure investor Stonepeak for $5.7 billion.The deal reduces Woodside's capital spending needs鈥
Subsea 7 has secured a sizeable contract by Shell for the Sparta deepwater development in the United Stats.The project involves the transportation and installation of a floating production system (FPS) at Garden Banks block 959, which is located鈥
BP Trinidad and Tobago has started production from its Cypre gas project, off the southeast coast of Trinidad within the East Mayaro Block.Cypre is one of BP鈥檚 10 major projects expected to start up worldwide between 2025 and 2027, announced as part of its reset strategy to grow the upstream鈥
Eco Wave Power, an onshore wave energy technology company, has received a final permit for the construction and demonstration of its wave energy technology in San Pedro, California.The Revocable Permit 25-05 by the Port of Los Angeles was executed on behalf of the Executive Director鈥
INEOS Energy has completed the acquisition of CNOOC鈥檚 oil and gas assets in the Gulf of America, increasing its global oil production to over 90 thousand barrels of oil equivalent per day. The completion of the deal marks the third major investment by INEOS Energy in the United States鈥
Oilfield services provider Petrofac, through its Asset Solutions division, has been awarded a collection of scope expansions and new contracts in the first quarter of 2025, totaling $500 million.The awards 鈥 which realize growth in Asset Solutions鈥 core markets and target growth geographies鈥
TGS, a global provider of energy data and intelligence, has launched a new multi-client ultra long offset ocean bottom node (OBN) data acquisition campaign in the Gulf of America.The Amendment 4 project will expand node coverage in TGS' multi-client library鈥
Global energy technology company SLB has secured a major drilling contract by Australian oil and gas operator Woodside Energy for its ultra-deepwater Trion development project, offshore Mexico.SLB will oversee the delivery of 18 ultra-deepwater鈥
U.S. authorities have notified Spanish oil company Repsol that its license to export oil from Venezuela is to be revoked, a company spokesperson said on Monday, while Spain's foreign minister promised to defend Repsol's interests.President Donald鈥
India is considering a proposal to scrap import tax on U.S. liquefied natural gas (LNG) to boost purchases and help cut the trade surplus with Washington, a key irritant for President Donald Trump, four government and industry sources said.The鈥
