The high-specification ultra-deepwater drillship Tidal Action, owned by Hanwha Ocean, has started its maiden contract with Petrobras at Roncador field, offshore Brazil.The Tidal Action arrived in the Guanabara Bay in Rio de Janeiro on July 7, 2025, and has now been deployed to the Roncador field in the Campos Basin offshore to start operations for Petrobras.
The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore resources, the International Energy Agency said on Tuesday
Yinson Production has received Main Scantling Approval (MSA) from classification society DNV for its Meridian purpose-built floating production, storage and offloading (FPSO) hull design.
Petronas Carigali, an exploration and production arm of Malaysia’s Petronas, has signed an agreement with Geoteric, an AI-driven seismic interpretation software firm
Petrovietnam Drilling & Well Service Corporation (PV Drilling) has officially taken ownership of Noble Corporation’s Noble Highlander jack-up rig, which has been renamed to PV DRILLING IX.
Hanwha Ocean, one of the leading shipbuilders in South Korea, has awarded ABB the contract to supply a complete electric power and propulsion system for Singapore’s first floating liquefied natural
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