Japanese explorer Inpex has completed the planning and engineering phase of its Abadi LNG project at Indonesia's Masela gas block, an official said on Tuesday, reaching a milestone in the Southeast Asian nation's biggest gas project.Inpex Masela…
ConocoPhillips has informed its staff of a reduction to its workforce in Canada, a spokesperson for the oil and gas producer said on Monday.The reduction includes employees and contractors and is set to take place on Tuesday, the spokesperson added…
Woodside Energy has agreed to sell its 33.44% participating interest in the Greater Sunrise gas project in the Timor Sea to Timor-Leste's national oil and gas company TIMOR GAP for up to $200 million, paving the way for the latter to consolidate ownership of the development…
TotalEnergies has completed the sale of its 10% non-operated oil interest in Nigeria's Renaissance joint venture (JV) licenses to Vaaris for $800 million, while retaining its economic interests in three gas licenses.The completion of the transaction…
Reach Subsea and Eidesvik Offshore have completed the sale of the inspection, maintenance and repair (IMR) vessel Viking Reach, with the vessel delivered to its new owners on October 26.The transaction was completed through Eidesvik Reach, a joint venture between Reach Subsea and Eidesvik Offshore…
Aquaterra Energy, a provider of intelligently engineered products and services for well access and offshore developments, has completed the first phase of a fast-track offshore platform project in Nigeria for Emadeb Energy, an indigenous Nigerian oil and gas company…
Ocean Power Technologies (OPT) and Stratum Holdings have signed a non-binding letter of intent (LOI) to explore the development of offshore data center assets powered by wave, wind and solar energy, combining renewable power platforms with high-performance computing infrastructure…
HydroWing, the tidal energy division of Inyanga Marine Energy Group, has awarded Ecodetect a contract to provide AI-powered marine wildlife monitoring systems for its 30 MW tidal stream energy project at Morlais in Wales.The technology will use underwater cameras…
Galp Energia said on Monday talks with Spain's Moeve to combine their refining, chemicals and fuel retail businesses had collapsed, derailing a deal that would have created one of Europe's biggest refiners and sending shares in the Portuguese group down 7…
Eni has signed the main engineering, procurement, construction and drilling contracts for the Cronos gas development in Block 6 offshore Cyprus, launching the project's execution phase ahead of planned production start-up in the first half of 2028…
Italian energy company Eni has completed the sale of its Nigerian subsidiary Agip Energy and Natural Resources (Nigeria) (AENR) to Apex Global Energy Limited (APEX), divesting its interests in onshore and shallow-water oil and gas operations in the country…
Singapore's Seatrium has secured an agreement with Keppel's subsidiary RigCo to complete construction work on four offshore drilling rigs under an existing master services arrangement, with the total estimated contract value exceeding $390 million (S$500 million)…
Chevron's Nargis-2 appraisal well offshore Egypt has confirmed the extension of previously discovered gas-bearing formations and encountered an additional gas-bearing layer, supporting further evaluation of the undeveloped Nargis gas discovery in the Mediterranean Sea…
Indonesia cut 31 million standard cubic feet of gas per day (mmscfd) from its pipeline natural gas exports to Singapore starting on Saturday to divert supply to the domestic power sector, upstream oil and gas regulator SKK Migas said.Indonesia…
Vietnam's PV Drilling has secured a contract from Idemitsu Gas Production (Vietnam) to supply a jack-up drilling rig for an offshore exploration and appraisal campaign in the Nam Con Son Basin in 2027.Under the agreement, signed on October 16…