The offshore oil and gas updates October 2025 reveal a dynamic month for the global upstream industry. Rig mobilisations, contract conversions, hydrocarbon discoveries, and new carbon capture initiatives underline the sector’s balance between traditional drilling momentum and the energy transition. From Guyana and Namibia to the UK North Sea and Brazil, activity levels remain strong, […]
Megha Engineering Petroleum Reserve Deal: A ₹5,700 Crore Milestone Megha Engineering and Infrastructures Ltd. (MEIL) has secured a landmark ₹5,700 crore contract to build and operate India’s first private strategic petroleum reserve (SPR). The project will be developed at Padur, Karnataka, making MEIL the first private company to play a direct role in India’s crude
In a major development for India’s onshore oil and gas sector, DEEP Industries Limited, a leading Indian oilfield services company, has been awarded a key drilling contract by Selan Exploration to execute a three-well drilling campaign in the Cambay Production Sharing Contract (PSC). This project is part of a $20 million work program aimed at
Halliburton Repsol UK North Sea contract marks a significant milestone in offshore oil and gas collaboration. Halliburton has secured a five-year contract from Repsol Resources UK to provide subsurface technologies, drilling and completion services, and digital solutions for Repsol’s platform assets in the UK North Sea. This partnership is designed to unlock the remaining resource
In a significant industry development, Skald, a company operating in the energy services sector, has been awarded a tender by Medco Energi, one of Indonesia’s largest and most established oil and gas companies. While the specific contract details have not yet been disclosed, the award indicates that Skald will be delivering services or resources to
Skald Wins Tender to Support Medco Energi’s Oil and Gas Operations in Indonesia Read More »
