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Australian operator lining up 10-well oil exploration campaign
15 Nov 2025 23:28 GMT
Australian independent Beach Energy will soon commence a 12-well appraisal and development drilling campaign in the Western Flank of the Cooper basin, which is prospective for gas and oil.
This drilling campaign will target undeveloped oil reserves in the …
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Sustained offshore activity in APAC region benefiting rig, vessel operators
14 Nov 2025 04:03 GMT
… 45 jackups, 14 semisubmersibles, nine drillships and 18 tender-assist … drilling is picking up, with two new programs set to start offshore … to the region’s offshore support vessel sector, … average.
Activity has risen offshore Australia, Indonesia and Thailand …
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Westwood Insight – Asia Pacific offshore energy trends, challenges and opportunities
13 Nov 2025 07:01 GMT
… and sector-specific developments across offshore oil, gas, wind and marine markets.
Macro … comprises approximately 45 jackups, 14 semisubmersibles, nine drillships and 18 TARs. While … looking positive, with two new drilling programmes expected to commence in …
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Flotel company focusing efforts on Brazil
15 Nov 2025 22:19 GMT
Norwegian flotel company Prosafe has closed its offices in Stavanger and Singapore as part of a strategic shift towards Brazil, where demand is on the rise.
The company said in its third-quarter report that the strong growth in Brazil's floating …
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A strategic shift: Missile defense radar redeploys in the Pacific
15 Nov 2025 00:09 GMT
… modified fifth-generation oil drilling platform, making it a semisubmersible vessel that can …
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Prosafe vessel staying longer with Ithaca in UK
14 Nov 2025 18:39 GMT
Ithaca Energy (UK) Limited has extended the stay of an accommodation, safety, and support vessel (ASV) from Prosafe’s fleet at a field it operates in the UK North Sea.
Safe Caledonia; Source: Prosafe
Thanks to the extension, Safe Caledonia will continue …
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United States Officials Brief Trump on Revised Options for Possible Venezuela Operations
14 Nov 2025 12:37 GMT
Senior military officials briefed US President Donald Trump on revised options for potential operations in Venezuela, including ground strikes and targeted actions against key figures, several people familiar with the White House meetings told CBS News …
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Seatrium in line for BP floater prize
13 Nov 2025 18:51 GMT
Singapore’s Seatrium is in talks with BP regarding the award of the Tiber floating production unit with the contract still remaining to be finalised more than six weeks after the UK supermajor took the final investment decision for the US Gulf project.
The …
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Vår Energi hits bullseye with Barents Sea appraisal well
13 Nov 2025 15:08 GMT
Norwegian oil and gas player Vår Energi has confirmed an oil discovery made in the Barents Sea using a semi-submersible rig from COSL’s fleet.
COSL Prospector rig; Source: COSL
As disclosed by the Norwegian Offshore Directory (NOD), Vår Energi’s appraisal …
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How the Wind Energy Foundation Market is Driving the Next Phase of Renewable Expansion
13 Nov 2025 13:36 GMT
Introduction: The Unsung Backbone of Renewable Energy
While wind turbines often steal the spotlight in renewable energy discussions, their stability and performance depend on a less visible yet equally critical component — the foundation. The Wind Energy …