Turkey's deep-sea drilling vessel Cagri Bey arrived off the coast of Mogadishu on Friday to launch the country's first overseas deep-sea oil exploration project. Turkey's Energy Minister Alparslan Bayraktar said …
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Austrian oil and gas group OMV has proposed Emma Delaney as its new Chief Executive Officer (CEO), with the Supervisory Board set to decide on the appointment at its next …
Petrobras has signed agreements with Petronas Petróleo Brasil to acquire the remaining 50% stakes in the Tartaruga Verde and Espadarte Module III fields offshore Brazil. The fields are located in …
Malaysia’s Petra Energy has secured work orders worth $75 million (RM 298 million) for services linked to a gas project in Sarawak, Malaysia. The contracts were awarded to Petra Resources, …
Subsea7 has secured a supermajor contract by Petrobras for the development of the Sépia 2 field in the Santos Basin offshore Brazil. The contract, awarded following a competitive tender, covers …
OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract by Beacon Offshore Energy to supply a subsea boosting system for the Shenandoah field in …
ConocoPhillips said on Thursday it is sending a small evaluation team to Venezuela this week to evaluate oil and gas opportunities. The U.S. oil producer left the South American country …
Energy producer Shell plans to begin natural gas output in 2027 from the Loran-Manatee offshore field, which crosses the border of Venezuela and Trinidad and Tobago the chairman of Trinidad's …
Producers in the Middle East have asked Asian refiners to submit crude oil loading programmes for April and May in preparation for the eventual resumption of shipping through the Strait …
Van Oord has installed three monopile foundations using GBM Works' jetting solution in combination with CAPE’s vibro lifting tool for the first time at commercial scale, a milestone in silent …
The Middle East war is giving fresh momentum to Europe's push for energy independence andbolstering the case for offshore wind farm developments, the CEO of Denmark's Orsted said on Thursday. …
Occidental Petroleum (Oxy) has made an oil discovery at the Bandit prospect in the Gulf of America. The exploration well, located in Green Canyon Block 680 about 125 miles south …
A group of European offshore wind and marine engineering companies has launched a consortium to develop technology aimed at reducing underwater noise from offshore construction. The Searénité consortium brings together …
The Northern Lights JV has added a third liquefied carbon dioxide (LCO2) carrier to its fleet, as it expands transport capacity for Europe’s carbon capture and storage (CCS) network. The …
RWE has installed the world’s first offshore wind turbine featuring a CO2-reduced steel tower and recyclable rotor blades at Denmark’s Thor offshore wind farm. The 1.1 GW project, located off …
Israel's energy ministry said on Thursday that it had instructed Energean to begin resuming operations at the Karish natural gas platform off Israel's Mediterranean coast following the U.S. ceasefire with …
A Brazilian federal court has issued an injunction exempting TotalEnergies, Repsol Sinopec, Galp's Petrogal, Shell and Equinor from a tax on crude oil exports, a court document seen by Reuters …
Libya's state-run National Oil Corporation (NOC) and Eni have made a new gas discovery in Area D, in the offshore area west of Libya The discovery follows the successful drilling …
Oil prices rose on Thursday as doubts over a fragile two-week Middle East ceasefire raised concerns that energy flows through the crucial Strait of Hormuz will remain restricted. Brent crude …
Shell said on Wednesday that weaker first-quarter gas output and a hit to short-term liquidity would be offset partly by stronger oil trading, offering an early glimpse into how the …
Subsea Cable Assets (SCA) has secured its first framework contract with 50Hertz to deliver cable storage and handling systems for power grid projects in Germany. The contract, awarded through a …
Malaysia-based offshore support vessel (OSV) provider Nam Cheong has secured OSV charter contracts worth up to $25 million, as demand for vessels remains firm in Southeast Asia. The contracts cover …
Perenco has completed the acquisition of Saturn Banks assets in the U.K. Southern North Sea after receiving regulatory approval. The transaction, agreed with CalEnergy Resources, includes the purchase of CalEnergy …
Nexans and Statnett have completed a 420 kV subsea cable project across the Fensfjord in western Norway, strengthening power supply to Bergen and surrounding industrial areas. The project, awarded in …
China Huaneng Group (CHNG) has connected the 504 MW offshore wind project off the Shandong Peninsula to the grid, which is now operating at full capacity. The Huaneng Shandong Peninsula …
Technip Energies has received a substantial authorization to continue work on the Commonwealth LNG project in Louisiana, as the development moves toward a final investment decision. The authorization, awarded by …
The Norwegian Offshore Directorate (NOD) has put in focus a major undeveloped gas discovery in the Norwegian Sea that could offer significant value, but warned that time is running out …
Oil prices dived, stocks surged and the dollar was knocked back on Wednesday as a two-week Middle East ceasefire sparked a relief rally, fuelled by hopes that oil and gas …
French President Emmanuel Macron said about 15 countries were planning to facilitate the resumption of traffic through the Strait of Hormuz, through which a fifth of the world's oil supply …
Sunda Energy said it has signed a letter of intent (LoI) with Finder Energy to collaborate on securing a drilling rig for planned offshore campaigns in Timor-Leste. The agreement, signed …
SLB has signed an agreement between Petronas Suriname, a subsidiary of Petronas and Subsea Integration Alliance, comprising SLB OneSubsea and Subsea7. The partnership aims to unlock resources in Suriname’s emerging …
ABL has completed its work scopes supporting the transportation of the Northern Endeavour floating production, storage and offloading (FPSO) vessel from Australia to a recycling facility in Denmark. The project …
Aberdeen-based subsea technology specialist Decom Engineering has secured a United States patent covering key elements of its Chopsaw cutting technology, strengthening its position in the subsea and onshore cutting market. …
Belgian marine contractor Jan De Nul has launched its second next-generation cable laying vessel (CLV), William Thomson, as it expands capacity to support growing offshore wind and grid interconnection projects. …
Eni has made a gas and condensate discovery offshore Egypt, with preliminary estimates indicating about 2 trillion cubic feet of gas in place. The discovery was made at the Denise …
Brazilian oil and gas firm PRIO has brought a third producing well online at its Wahoo field offshore Brazil, as it advances plans to ramp up output to 40,000 barrels …
Kazakhstan's energy ministry said on Tuesday that oil shipments via the Caspian Pipeline Consortium were stable after Russia's military accused Ukraine of damaging loading facilities belonging to the group in …
Dolphin Drilling, an Oslo listed, Aberdeen headquartered offshore drilling contractor, has signed a letter of intent (LOI) for a potential new contract for its Paul B. Loyd Jr semi-submersible rig, …
Global stocks wavered on Tuesday, while oil prices were perched above $110 per barrel as the prospect of escalation in the war in the Middle East and the looming deadline …
The U.S. and Israeli war against Iran has been characterised by a series of miscalculations by most of the involved and peripheral parties, but the real danger is the delusion …
Yamal LNG, controlled by Russia's largest liquefied natural gas producer Novatek, has sent its first cargo to China since last November, LSEG data showed on Tuesday, weeks before the gradual …
BW Energy is pleased to announce that the Company has agreed a 25‑year extension of the Dussafu Marin production license offshore Gabon. Following an agreement with the Ministry of Oil …
Aker BP has started oil production from the Symra field in the North Sea nine months ahead of original schedule. The field is estimated to contribute approximately 63 million barrels …
SLB has signed a three-year agreement with Azule Energy to expand the use of its enterprise digital platform across the company’s operations in Angola. The platform is expected to support …
Offshore drilling contractor Valaris has secured a multi-year contract extension with Petrobras offshore Brazil and entered into a strategic collaboration agreement with Petronas and Halliburton for offshore development in Suriname. …
Five European Union countries are calling for a windfall tax on energy companies' profits in reaction to rising fuel prices due to the Iran war, according to a letter from …
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