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SinoOcean Prosperous, formerly known as Energy Engager, was ordered in 2013 by Shandong Marine’s rig owner Northern Offshore and completed in 2017 but was left idle at Cosco’s Dalian yard …

Multi-Tcf prospects: Asian heavyweight eyeing exploration campaign at lucrative deepwater asset Exploration Block KG-DWHP-2017/1, which was awarded to Cairn in 2019 as a part of India’s open acreage

DNO to acquire Sval Energi in boost to North Sea portfolio Acuqisition will quadruple DNO's North Sea production to around 80,000 boepd and the biggest contributor to the Norwegian company's …

Repsol to review 1000 offshore jobs in UK cost-cutting drive UK government increased headline tax rate for domestic oil and gas companies to 78% last year.

Gas is flared during a drill stem test on Luiperd-1X exploration well off South Africa which was drilled by Odfjell Drilling's Deepsea Stavanger semi-submersible. Photo: ODFJELL DRILLING

Leading UK independents in merger talks Both Serica Energy and EnQuest have confirmed their appetite for mergers and acquisitions in recent months as they look to expand beyond the UK …

Repsol to review 1000 offshore jobs in UK cost-cutting drive UK government increased headline tax rate for domestic oil and gas companies to 78% last year.

‘Surprising they took this long to murder it’: GB Energy reportedly facing cuts already Launching GB Energy was flagship policy of the incoming Labour government, but Prime Minister Keir Starmer …

Petrobras welcomes fourth Mero FPSO in Brazilian waters Alexandre de Gusmao FPSO expected to enter operation by the third quarter of 2025

FILE PHOTO: Model of LNG tanker is seen in front of Japan's flag in this illustration taken May 19, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Photo: Dado Ruvic / Reuters / NTB

JERA Nex BP picks top team as Japan and UK strengthen offshore wind ties New entity will have up to 13GW of operating and development assets globally, with BP glad …

'Substantial' Gabon discovery triggers price surge in partners' stock According to BW Energy, a well on the Bourdon prospect hit "good reservoir"

Leading UK independents mull merger Both Serica Energy and EnQuest have confirmed their appetite for mergers and acquisitions in recent months as they look to expand beyond the UK and …

BP 'denying' AGM vote on strategic reset says green activist shareholder Greener BP shareholders may not get much opportunity to oppose the UK oil majors decision to go back to …

Benchmark crude futures have this week been hit by a bearish pincer movement: increased output from Opec+ on the supply side, and Trump’s tariff ‘strategy’ on the demand side. Photo: …

Kazakhstan tempts investors with unconfirmed hydrocarbon riches Astana announces tender to auction exploration and development rights for existing oilfields and perspective blocks

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UK FPSO purchase agreement axed by European player Dana Petroleum and Neo Energy had entered into a sales and purchase agreement in November 2023 for Neo’s acquisition of Dana’s stake …

The Gazprom-led Sakhalin 2 LNG plant in Prigorodnoye in the south of Sakhalin Island in Russia. Photo: GAZPROM