Files News


Stillstrom Introduces New Hires, Technology Advances

Oct 22, 2025

Stillstrom by Maersk, a marine technology leader delivering offshore power and charging solutions, has strengthened its leadership team with key senior appointments in Copenhagen and Aberdeen.Nikolaj Stald has joined as Chief Commercial Officer (CCO) at the company’s HQ in Copenhagen…

BP Wins $1B Arbitration Case Against Venture Global Over LNG Shipments

Oct 10, 2025

BP has won its arbitration case against Venture Global over the U.S. supplier's failure to deliver liquefied natural gas under a long-term contract that was due to start in late 2022, Venture Global said on Thursday.The International Chamber…

Sintana-Challenger Merger to Boost Exploration in Southern Atlantic

Oct 09, 2025

Oil and gas company Sintana Energy has agreed to acquire Challenger Energy, which holds interest in two blocks offshore Uruguay as well as other assets in broader region.The all-share transaction, valued at about $60 million, will create a combined…

ExxonMobil to Axe 2,000 Jobs Globally

Sep 30, 2025

Exxon Mobil will lay off 2,000 workers globally as part of a long-term restructuring plan, the U.S. energy major told Reuters in an emailed statement, adding to a wave of job cuts in the oil and gas industry this year.The layoffs represent about…

Oil Firms Urge Brazil to Review Subsea7 - Saipem Merger

Sep 24, 2025

Exxon Mobil, Brazilian state-run Petrobras and oil services provider TechnipFMC petitioned the country's antitrust regulator Cade to intervene in a merger between energy contractors Subsea7 and Saipem, public documents seen by Reuters show.In filings submitted on Thursday…

US Federal Judge Grants Go Ahead for Orsted Offshore Wind Project

Sep 22, 2025

Danish offshore wind developer Orsted can restart work on the nearly finished Revolution Wind project off the coast of Rhode Island, a federal judge ruled on Monday, after President Donald Trump's administration halted the project last month…

Halt on Rhode Island Offshore Wind Project Unjustified, Developer Says

Sep 18, 2025

The owners of Revolution Wind said the Trump administration's reasons for stopping work on its Rhode Island offshore wind farm were 'factually incorrect' and only disclosed after it had ordered a halt to the project, according to court documents filed on Thursday…

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