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UK contractor appoints interim CFO as it remains at crossroads Previous CFO resigned from Wood less than one year after his appointment
Technip Energies backlog swells to $20.5 billion in 'multi-year' visibility boost The company’s backlog grew by almost 25% in 2024, while its order book remained steady at almost €10 billion
Subsea7 shareholders eye major cash payouts after successful year and merger with Saipem Norway's offshore construction specialist reports further improvements in revenues and profitability in fourth
Asian heavyweight highlights ‘aggressive’ exploration strategy targeting new basins India’s ONGC has set its capex target for the upcoming 2025-2026 financial year at $4.3 billion, with a sizeable po
Taiwan to deploy FSRU for LNG supply amid energy transition Move is part of broader strategy to convert the oil-fired Hsieh-Ho power plant in Keelung into a gas-powered facility
Technip Energies backlog hits $20.5 billion with 'multi-year' visibility in key markets The company’s backlog grew by almost 25% in 2024, as compared to the same period in the previous …
‘Pent up demand’: BW Offshore eyes new FPSO projects BW Opal on track for sailaway to Santos’ Barossa project in April
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Eni and Petronas eye Asia merger Duo to evaluate joint venture company to hold certain upstream assets, become significant LNG player
Eni’s earnings halve in fourth quarter, miss forecasts Performance hit by lower oil realisations and weaker Brent prices, despite higher production
Samsung E&A wins FEED for carbon capture onboard Modec FPSO Carbon Clean's modular technology selected for pilot that could be rolled out across Modec's floater fleet
Creditors approve cash-strapped Sapura Energy’s proposed restructuring scheme Around 7% of debt with unsecured creditors to be irrevocably waived
Saipem sets course for new growth with eyes on greater profits Italian contractor presents optimistic four-year plan as it continues turnaround from heavy losses in 2020 and 2021
Asian heavyweight highlights ‘aggressive’ exploration strategy, as it targets new basins India’s ONGC has set its capex target for the upcoming 2025-2026 financial year at $4.3 billion, with a sizeab
Petronas’ latest FLNG hull floats, SHI secures 55% of global FLNG orders Samsung Heavy Industries has launched the hull of PFLNG Tiga ahead of its scheduled 2027 deployment offshore Sabah, …
Sapura Energy wins $732 million-worth of rig contracts from industry heavyweights New charters and extension of tender assist drilling units boost Malaysian contractor's order book
Houston operator increases stake in US Gulf discovery Talos now owns nearly 30% of Beacon Offshore-operated Monument, which will tie back to Shenandoah
US operator misses fourth quarter expectations APA earnings fall after commodity prices drop over the last year
US President Donald Trump listens during a Cabinet meeting at the White House in Washington, DC, on Tuesday, 26 February 2025. Photo: POOL VIA AP/SCANPIX
‘Misplaced optimism’: BP got it wrong over energy transition, says CEO BP executives admit they went 'too far, too fast' chasing low carbon investments, but will investors swallow new plan?
