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Petrobras set to award $2.2 billion in newbuild vessel contracts Brazilian state-controlled company seeking to charter up to 10 OSRVs to be manufactured locally
BP invests in new valve technology to eliminate emissions Production and use of fossil fuels generated around 120 million tonnes of methane emissions globally in 2023, up from 115 million …
Days after hitting all-time low, Wood’s stock price edges up on news of BP awards Engineering contracts from supermajor bring some relief to beleaguered contractor
Jadestone chief executive, Paul Blakeley, is off to pastures new. Photo: JADESTONE ENERGY
Tullow Oil chief executive to leave in 2025, stock falls 10% Company share price plunged already last week following expectations of lower cash flow for 2024
UK operator cheers success in Vietnam and Egypt But still no update on potentially transformative exploration venture in Vietnam blocks 125 and 126
BP invests in new valve technology to eliminate emissions The production and use of fossil fuels generated around 120 million tonnes of methane emissions globally in 2023, up from 115 …
Shell and Equinor to combine UK assets Joint venture will create largest UK oil and gas producer, with a combined estimated output of 140,000 boepd in 2025
Shell: ‘We won’t lead any new offshore wind projects’ Supermajor to focus on ‘maximising the value of our existing renewable generation platforms’
‘Overly optimistic’: Sapura Energy clarifies reported timeline of its recovery Malaysian contractor has yet to exit PN 17, a designation of listed companies in financial distress
Costs and gas marketing weigh heavily on PTTEP's giant offshore gas project Commercial bids above budget for some of Lang Lebah's key packages, while gas marketing issue remains unresolved
Worley confirms award of prized engineering deal for huge Adnoc gas project Project aims to boost Adnoc Gas’ current processing capacity by 20%, or over 1.8 Bcfd
Saudi Aramco awards three prized offshore deals to international contractors The three EPCI projects are believed to be together worth upwards of $500 million.
Woodside revises EPC deal with contractor for massive US LNG project Bechtel will continue to proceed with work for Louisiana LNG
Petrobras to cut Buzios emissions with new water injection systems Contract signed with OneSubsea calls for the installation of the equipment at the P-74 and P-75 FPSOs
Petrobras to reduce Buzios emissions with new water injection systems Contract signed with OneSubsea calls for the installation of the equipment at the P-74 and P-75 FPSOs
Czech Republic readies emergency oil reserves after Russia supplies interrupted Deliveries via the southern leg of Druzhba oil pipeline from Russia were halted early on Wednesday.
Europe-wide carbon storage market would slash costs While the UK and the EU have called for cross-border CO2 storage sharing, regulatory changes are required to make it a reality following …
Czech Republic readies emergency oil reserve release after Russia supplies interrupted Deliveries via the southern leg of Druzhba oil pipeline from Russia were halted early on Wednesday.
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