A unit of Indonesia’s Pertamina has signed a production sharing contract (PSC) for the Lavender block, spanning onshore and offshore areas of Sulawesi island.PT Pertamina Hulu Energi Sulawesi Lavender will operate the block, which spans 8,206…
The Egyptian cabinet approved on Thursday a draft for a gas and oil exploration agreement in the Lotus offshore area in the Mediterranean with Egyptian Natural Gas Holding Company and Chevron Egypt Holdings Ltd, a statement said.Egypt, which…
It will take about two years to recover the energy output lost in the Middle East from the conflict there, Fatih Birol, the head of the International Energy Agency, was quoted as saying on Friday in an interview with the Neue Zuercher Zeitung newspaper…
LD TravOcean, a subsidiary of Louis Dreyfus Armateurs (LDA) Group, has acquired a DP2 multipurpose support vessel as part of efforts to expand its subsea capabilities.The vessel, SIDDIS Mariner, will be renamed TVO Mariner and is scheduled for delivery in summer 2026…
ABL Group, via its Egypt-based units, has signed a memorandum of understanding (MoU) with PetroSafe to collaborate on onshore and offshore technical services for energy assets in Egypt.The agreement covers offshore and onshore facilities and…
Offshore drilling contractor Transocean has secured a five-well contract for its Deepwater Asgard drillship in the Eastern Mediterranean Sea.The estimated 390-day campaign with an undisclosed operator is expected to start in the fourth quarter…
UK-based shipowner/operator North Star has strengthened its executive team with new senior appointments as it expands its offshore wind and maritime operations.North Star appointed Duncan Palmer as its first Chief Human Resources Officer, promoted Joanna Lang to Chief Legal and Compliance Officer…
DeepOcean and Woodside Energy have completed a combined subsea inspection and 3D scanning campaign at the Sangomar field offshore Senegal.The campaign covered 69 subsea structures, including 17 subsea trees, using a methodology that allows inspection and 3D scanning to be performed simultaneously…
Perdana Petroleum has secured contracts to provide two anchor handling tug and supply vessels (AHTS) to Petronas Carigali.The company said its wholly owned unit Perdana Nautika received the work orders on April 8 for the provision of the vessels to support offshore operations…
Spanish energy group Repsol has reached an agreement with the Venezuelan government and state energy firm PDVSA to take back operational control of its Venezuelan oil assets and boost production, the company said on Thursday.The agreement includes…
Glamox, a global leader in lighting, has secured a contract to supply lighting for four Offshore Energy Support Vessels (OESVs) being built for Sea1 Offshore.Glamox will supply a total of 8,000 marine lights for the exteriors and interiors of…
The Metropolitan CCS joint venture, which includes INPEX and Kanto Natural Gas Development, has received approval to conduct offshore drilling for carbon capture and storage (CCS) off Japan’s Chiba Prefecture.The Metropolitan CCS joint venture…
Offshore drilling contractor Stena Drilling has secured a contract by Energean for an exploratory drilling campaign offshore Greece.This campaign, which is expected to start in early 2027, is for one firm well offshore Greece, in Block 2 located at the Northwestern Ionian Sea…
Saipem has secured two offshore contracts in Saudi Arabia worth about $400 million under an existing long-term agreement with Saudi Aramco.The contracts, known as Contract Release Purchase Orders, relate to work at the Safaniya oil field, one of the world’s largest offshore oil fields…
Norwegian oil and gas company Equinor's downstream division, which includes energy trading, will report stronger first-quarter results this year, partly driven by volatility from the war in the Middle East, the group said on Thursday.Equinor is due to report first-quarter earnings on May 6…