Reassess long‑lead supply and service exposure for offshore projects

The results are interpreted to provide further evidence of reservoir continuity across the Capricornus accumulation and represent an important data point in the ongoing appraisal of the discovery. The core, pressure and wireline datasets acquired from Capricornus-1A will now be integrated with data gathered from previous wells across PEL 85 to support the joint venture’s ongoing appraisal and exploration activities

Home Fossil Energy Appraisal ops at Namibian discovery corroborate oil-bearing reservoir continuity June 30, 2026, by African energy exploration player Rhino Resources has shed light on the appraisal of an oil discovery in the Orange Basin, confirming a connected oil-bearing reservoir at its appraisal well off the coast of Namibia

Home Fossil Energy Appraisal ops at Namibian discovery corroborate oil-bearing reservoir continuity June 30, 2026, by African energy exploration player Rhino Resources has shed light on the appraisal of an oil discovery in the Orange Basin, confirming a connected oil-bearing reservoir at its appraisal well off the coast of Namibia. Saipem 12000; Source: Saipem Rhino Resources’ update on behalf of the PEL 85 joint venture (JV) regarding its drilling campaign on Block 2914 offshore Namibia indicates that the Capr

Home Fossil Energy Two hydrocarbon discoveries enrich Petronas’ oil & gas arsenal in South America June 30, 2026, by Petronas Suriname E&P, a wholly-owned subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, has confirmed two discoveries and a successful appraisal activity in Block 52 off the coast of Suriname

“Block 52 sits within a highly prospective corridor, the Golden Lane, and we remain focused on translating this resource base into long-term value for Suriname and for Petronas. ” The company claims that the hydrocarbon discoveries further strengthen the case for multiple oil and gas developments in Block 52 and Suriname’s emergence as a significant deepwater hub in the Suriname-Guyana basin

” The company claims that the hydrocarbon discoveries further strengthen the case for multiple oil and gas developments in Block 52 and Suriname’s emergence as a significant deepwater hub in the Suriname-Guyana basin

Home Fossil Energy Gas discovery edges closer to development with Equinor-Vår Energi asset swap June 30, 2026, by As operators embark on portfolio optimization quests, with a series of asset exchanges reshaping the Norwegian Continental Shelf (NCS), the latest such move comes from Norway’s state-owned energy giant Equinor and its compatriot Vår Energi, which have agreed to a swap of offshore oil and gas assets. Gjøa platform; Source: OKEA The duo’s asset swap in the Troll and Gjøa areas will enable further matu

” Equinor and its partners have agreed on the concept for the development of Peon with a tie-back solution to Gjøa, which is expected to extend the lifetime of the hub and support long-term gas production from the area

“Together with the Gjøa subsea projects, where we announced final investment decision last week, this supports continued development of the area and extends the lifetime of the Gjøa hub

Latest multi-year deal extends Nigeria LNG’s two-decade collaboration with Baker Hughes; Source: Baker Hughes Baker Hughes has won an award from Nigeria LNG Limited (NLNG) for the provision of comprehensive lifecycle services, supporting turbomachinery equipment at the NLNG liquefaction plant in Bonny Island, extending a two-decade collaboration between the duo in Nigeria

Latest multi-year deal extends Nigeria LNG’s two-decade collaboration with Baker Hughes; Source: Baker Hughes Baker Hughes has won an award from Nigeria LNG Limited (NLNG) for the provision of comprehensive lifecycle services, supporting turbomachinery equipment at the NLNG liquefaction plant in Bonny Island, extending a two-decade collaboration between the duo in Nigeria. The 13-year service agreement will support the operational performance of the new Train 7 project, which is set to increase the facility’s

The work under the agreement will be delivered through the Baker Hughes Service Center in Nigeria’s Port Harcourt, which employs local talent, providing a range of comprehensive lifecycle services

Source: Vallourec Vallourec will supply over 26,000 tons of seamless carbon steel line pipes, representing approximately 210 kilometers of pipeline, including advanced solutions with heavy thermal insulation coating for the Greater PAJ project, described as Angola’s first integrated cross-block development. The line pipe solutions will be delivered for production lines, service lines, water injection lines and gas export lines

“This contract is a strong recognition of Vallourec’s unique expertise in complex offshore line pipe projects and advanced thermal insulation solutions,” said Philippe Guillemot, Chairman of the Board of Directors and Chief Executive Officer of the Vallourec Group

According to the French firm, the project will involve one of the thickest thermal insulation systems ever implemented in the subsea industry, reaching up to 120 mm of glass syntactic polypropylene (GSPP) insulation thickness. “This contract is a strong recognition of Vallourec’s unique expertise in complex offshore line pipe projects and advanced thermal insulation solutions,” said Philippe Guillemot, Chairman of the Board of Directors and Chief Executive Officer of the Vallourec Group