While the development of recent offshore gas discoveries at Gorgon, Uchuva, and Orca has been identified as crucial, several uncertainties and hurdles need to be addressed, according to energy industry intelligence group Wood Mackenzie.

Under a significant contract, TechnipFMC will supply flexible pipes for pre-salt fields offshore Brazil. This includes the design, engineering, and manufacture of 14 kilometers of gas injection riser pipes and the provision of associated services, such as packing and storage.

 Equinor and Ithaca Energy's decision to proceed with the Rosebank deepwater oilfield project in the West of Shetland basin could pave the way for the approval of more fields, according to a report by Wood Mackenzie.

Talos Energy, a U.S.-based oil and gas company, has completed the sale of its 49.9% interest in Talos Mexico to Zamajal, a subsidiary of Grupo Carso, a company controlled by Mexican billionaire Carlos Slim's family.

This decision requires Woodside to obtain new approval for its environmental plan before conducting the seismic survey for the Scarborough project.

These contracts cover land drilling operations and involve both existing and new customers across Saudi Arabia, Oman, and Pakistan.

Despite the sale, TotalEnergies will retain operatorship and a 40% interest in Block 20. Sonangol Pesquisa e Produção S.A. will hold the remaining 20% stake in the block.

Commencing from October 1, marking the start of Europe's gas winter season, Equinor will provide OMV with 12 terawatt hours (TWh) of natural gas.

The total estimated recoverable resources at Rosebank amount to roughly 300 million barrels of oil, with Phase 1 targeting 245 million barrels of oil.

This development follows BlueNord's initial expression of interest in the licensing round by submitting a license application related to the Elly-Luke gas discovery.