Activity News


Panoro to Bid in Equatorial Guinea Oil and Gas Auction after Block G Boost

Feb 27, 2026

Africa-focused Panoro Energy will take part in Equatorial Guinea's oil and gas auction in April as it hunts for new assets after increasing its stake in the country's offshore Block G, its executive chairman said on Friday.Panoro this week acquired an additional 40…

US DOE Green Light Set to Make Corpus Christi Second Largest US LNG Scheme

Feb 27, 2026

The U.S. Department of Energy (DOE) has approved a 12% expansion in exports at Cheniere Energy’s Corpus Christi liquefied natural gas (LNG) terminal in Texas, authorizing additional shipments to non-free trade agreement countries.U.S. Secretary…

TotalEnergies Eyes Long-Term LNG Supply from Alaska LNG Project

Feb 27, 2026

TotalEnergies has signed a preliminary agreement with Glenfarne, lead developer of the Alaska LNG project, for the long-term offtake of 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) over 20 years, subject to a final investment decision on the project…

Fugro’s CFO Steps Down

Feb 27, 2026

Dutch geological data specialist Fugro has announced its chief financial officer (CFO) Barbara Geelen will step down from the position.Geelen will step down from the Board of Management of Fugro per the close of the upcoming AGM, to be held on 23 April 2026…

TGS Targets Eastern Niger Delta with New 3D Survey

Feb 27, 2026

Energy data and intelligence provider TGS has launched the Nigeria Laide multi-client 3D seismic survey offshore Nigeria in partnership with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and SeaSeis Geophysical Limited.The survey covers approximately 11…

Seatrium Delivers Next-Gen WTIV Newbuild to Maersk Offshore Wind

Feb 27, 2026

Singapore-based Seatrium has delivered a next-generation wind turbine installation vessel (WTIV) to Maersk Offshore Wind, following the completion of sea trials and final readiness evaluations.The custom-engineered vessel is designed to install…

Eni Can Take Venezuelan Oil to Settle Gas Debts, CEO Says

Feb 27, 2026

Venezuela can now pay for gas received from Eni with oil thanks to a recent easing of U.S. sanctions, unlocking a situation that had left the Latin American country with a large debt to the Italian firm, Eni's CEO said on Thursday.'That's really a big upside…

Venezuela Halts 19 Maduro-Era Oil and Gas Contracts Pending Review

Feb 27, 2026

Venezuela's oil ministry has suspended 19 oil production-sharing contracts with private companies signed under the administration of President Nicolas Maduro, four sources with knowledge of the move told Reuters on Thursday.The suspension has had no impact on the country's oil and gas output so far…

Fugro Swings to Loss as Renewables Slowdown Hits

Feb 27, 2026

Dutch geological data specialist Fugro on Friday reported a 21 million euro ($25 million) annual loss reflecting challenges in the offshore wind industry and said its finance chief would step down in April.The Amsterdam-listed firm's consolidated revenue came in at 1…

Shell Troubleshoots Subsea Equipment at Ormen Lange Oil Field

Feb 26, 2026

Shell is currently troubleshooting parts of the subsea system at its offshore Ormen Lange gas field in the Norwegian Sea, where output has been curtailed since February 16, the company said on Thursday.Shell Norway has mobilised a vessel with a remotely operated vehicle (ROV)…

German Shipowner Buys Two Multi-Purpose Vessels

Feb 26, 2026

Germany’s Ernst Russ has acquired two multi-purpose vessels, MV Ronnie and MV Charlie, as part of its long-term fleet strategy to expand exposure to the project cargo segment and strengthen predictable earnings.The Hamburg-based shipowner said…

Eidesvik Offshore’s PSV to Stay a Little Longer with Aker BP

Feb 26, 2026

Norwegian oil and gas company Aker BP has extended a contract for Eidesvik Offshore’s platform supply vessel (PSV) Viking Prince.The firm period for the PSV has been extended with approximately two months, and will run to end of April 2026. No additional details about the contract were disclosed…

Eldorado Outbids Saipem for Deep Value Driller Drillship

Feb 26, 2026

Deep Value Driller has agreed to sell its seventh-generation drillship Deep Value Driller to Eldorado Drilling for $300 million in cash, scrapping an earlier agreement to sell the vessel to Saipem for $272.5 million.The Oslo-listed company has…

Halliburton Launches RangeStar Geothermal Well Spacing Service

Feb 26, 2026

Halliburton has launched the RangeStar Geothermal Well Spacing and Intercept Service, a magnetic ranging solution designed to improve speed, accuracy and automation in geothermal well development.The new service, part of Halliburton’s RangeStar magnetic ranging portfolio…

Bilfinger Lands Major Maintenance Contracts in UK Energy Sector

Feb 26, 2026

Industrial services provider Bilfinger has secured two maintenance contracts in the United Kingdom, covering offshore operations at Ithaca Energy’s Cygnus gas field and onshore services at the St Fergus SAGE Terminal operated by Wood.The first…

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