Australian gas producer Santos on Monday agreed to further extend the exclusivity period for an $18.7 billion takeover bid from a group led by Abu Dhabi National Oil Co (ADNOC), and reported a better-than-feared 22% drop in first-half profit…
Odfjell Oceanwind (OOW) has completed the acquisition of Ørsted`s 80% share in the 100 MW Salamander floating wind farm, located on the east coast of Scotland.OOW will work together with the remaining shareholders of the Salamander offshore wind farm…
EnQuest, together with its joint venture partners and the Government of Indonesia, has signed Production Sharing Contracts (PSCs) for the Gaea and Gaea II exploration blocks, located in Papua Barat, Indonesia.Under the PSC terms, EnQuest has…
Shearwater Geoservices has secured a deepwater Ocean Bottom Node (OBN) seismic survey work offshore Angola by ExxonMobil’s affiliate Esso Exploration Angola Block 15 Limited.The two-month project is scheduled to begin during the third quarter of 2025…
A cargo transfer vessel owned by Mitsui O.S.K. Lines (MOL) will be shared by TotalEnergies EP Brasil, which employs the vessel in its operation since 2020, with Shell Brasil Petróleo for crude oil cargos produced in Brazil.The vessel SeaLoader 1…
Work is underway at three new wells in the Zohr gas field in the Mediterranean in the current financial year, Egypt's petroleum ministry said on Tuesday.Another well, the Zohr-6 well, has added about 65 million cubic feet per day of gas to Egypt’s output…
Norwegian oil and gas company Vår Energi has achieved a significant milestone by reaching a production level of 400 thousand barrels of oil equivalent per day (kboepd), ahead of schedule.The company said it is also on track to produce around 430 kboepd in the fourth quarter this year…
The administration of U.S. President Donald Trump intends to withdraw federal approval for US Wind’s offshore wind farm off the coast of Maryland, according to a filing submitted by Attorney General Pam Bondi in the U.S. District Court in Delaware on Friday…
The Trump administration's order to halt work on a nearly completed wind farm off the coast of Rhode Island threatens grid reliability and jobs and defies explanation, business and government leaders from New England said on Monday.State leaders…
AMIGO LNG S.A. de C.V., a Mexican joint venture of Texas-based Epcilon LNG LLC and Singapore-based LNG Alliance, announced the execution of a long-term Sale and Purchase Agreement (SPA) with Macquarie Group, a global trading and financial services group…
Drydocks World, a unit of DP World, a Dubai-owned ports and logistics company, has secured an engineering, procurement, and construction contract for the construction of what it said would be the world's largest floating liquefied natural gas facility off Mexico's west coast…
Shares in Orsted plunged 17% on Monday after the U.S. halted the Danish company's Revolution Wind project off Rhode Island amid President Donald Trump's pushback on renewable energy investments.Orsted, the world's biggest offshore wind farm developer…
OneSubsea, a joint venture formed by SLB, Aker Solutions and Subsea7, has been awarded an engineering, procurement and construction (EPC) contract by Equinor for a 12-well, all-electric Subsea Production System (SPS) in the Fram Sør field, offshore Norway…
Norwegian offshore vessel owner Solstad Offshore has secured two contracts for its Normand Turmalina and Normand Superior vessels, with the combined worth of $65 million.The anchor handling tug supply (AHTS) vessel Normand Turmalina has received a contract extension from BRAVA Energia in Brazil…
Marine geophysical services company PXGEO has secured its first contract in Malaysia to deliver offshore seismic data acquisition services under a two-year agreement.The contract includes a minimum commitment of 365 days of acquisition activity…