Tullow Oil has lost an arbitration over a $196.5 million corporate income tax assessment in Ghana after an International Chamber of Commerce tribunal ruled that the assessment did not breach the company's Petroleum Agreements.The assessment…
Petrobras has signed a 22-year liquefied natural gas (LNG) purchase and sale agreement with U.S. LNG exporter Cheniere for 0.8 million tonnes per annum of LNG.The Brazilian state-run company signed a deal with Cheniere Marketing, a subsidiary of Cheniere Energy…
Qatari producer UCC Oil and Gas Holding is in talks for its possible entrance into new fields in Venezuela, the company's head of Upstream, Erik Keskula, said on Tuesday at a conference in Caracas.UCC, British BP and XRG, a unit of United Arab Emirates' state company ADNOC…
Senior leaders from China, India, Japan, Malaysia and across Asia among more than 1,800 confirmed speakers 353 Asian companies and six country pavilions confirmed across ADIPEC’s 2,250-exhibitor global marketplace ADIPEC connects Asia’s growing energy needs with the global supply…
TDI-Brooks, in partnership with Taka Hydrocore Indonesia (THI), has been selected by the Ministry of Petroleum and Mineral Resources (MPRM) to execute a light geotechnical and environmental baseline survey program offshore Timor-Leste in support of the planned TLNG development…
OneSubsea, a joint venture formed by SLB, Aker Solutions and Subsea7, has been secured a contract by ExxonMobil to supply subsea production systems for the first phase of the offshore Rovuma LNG project in Mozambique.The contract, awarded by…
Norwegian offshore safety regulator Havtil has identified four non-conformities at Equinor's Hammerfest LNG facility following an investigation into chemical exposure incidents, while finding that measured exposure levels were relatively low…
Well integrity and decom specialist Unity has launched an ultra-compact blowout preventer valve designed to enable well intervention in space-constrained offshore environments where conventional Blowout Preventer (BOP) systems cannot be deployed…
NYK has agreed to acquire a 30% interest in Norway's Trudvang CCS project from Vår Energi, expanding its carbon capture and storage activities beyond marine transportation into offshore CO2 injection and storage.NYK signed a sale and purchase…
Bernhard Schulte Shipmanagement (BSM) has agreed to acquire a 50% stake in Norwegian offshore recruitment and crewing specialist OffshoreCrew, expanding its services for offshore and maritime customers.Kristiansand-based OffshoreCrew provides recruitment…
SSE has selected Montrose Port as the preferred operations and maintenance base for its planned 1.4 GW Berwick Bank B offshore wind farm off Scotland, a move expected to create 100 full-time jobs.The new operational hub will be located at Montrose Port's South Harbour…
China-based BOMESC Offshore Engineering's wholly owned subsidiary Tianjin BOMESC has signed a contract with SBM Offshore for the design, procurement and construction of topside modules for a floating production, storage and offloading (FPSO) destined for South America…
Saudi Arabia’s drilling contractor Arabian Drilling has signed a four-year contract worth about $533 million (SAR 2 billion) with Khafji Joint Operations (KJO) to provide four high-specification offshore jack-up drilling rigs.The contract will support KJO's offshore drilling operations…
Shell Canada Energy has taken a final investment decision (FID) on LNG Canada Phase 2, an expansion that will double the Kitimat facility's production capacity to 28 million tonnes per annum.Phase 2 will add two LNG processing trains to the existing facility in British Columbia…
Oil prices rose for a second successive session on Tuesday as lingering concern over Middle East supply disruption brought about by the US-Israeli war on Iran outweighed signs of recovering crude exports from the region.Brent crude futures for November LCOc1 rose $1…