An auction of deepwater oil and gas exploration and production blocks in Trinidad and Tobago has failed to attract significant interest from foreign investors, with bids submitted for just four of the 26 areas on offer.The bidding round closed…
International consortium, led by Abu Dhabi's National Oil Company (ADNOC), has withdrawn its indicative $18.7 billion offer to acquire Australian oil and gas producer Santos.The consortium, led by ADNOC’s investment arm XRG, said it will not proceed with a binding offer for Santos…
Offshore wind services firm Empire Energy and logistics giant Kuehne+Nagel have entered into a partnership to provide integrated solutions for offshore wind developers and OEMs, combining project delivery with global logistics capabilities.The…
OneSubsea, a joint venture formed by SLB, Aker Solutions and Subsea7, has named Innovex as its exclusive manufacturer and supplier of wellhead systems.Under the terms of the agreement, OneSubsea will transition its subsea wellhead supply strategy…
Offshore vessel operator Astro Offshore, an Adani Group company, has acquired five offshore vessels en bloc, raising its fleet size to 49 ships and strengthening its presence in West Africa.The deal includes four platform supply vessels (PSVs)…
TotalEnergies has signed four Production Sharing Contracts (PSCs) for exploration blocks offshore Liberia, which were awarded following the 2024 Direct Negotiation Licensing Round organized by the Liberia Petroleum Regulatory Agency.The agreements were signed for the blocks LB-6…
BW Energy has appointed Brice Morlot as Chief Operating Officer (COO) and Thomas Young as Chief Financial Officer (CFO), following management changes at the oil and gas company.Morlot, who joined BW Energy in 2024 as CFO, brings financial expertise…
Petronas Carigali, an exploration and production arm of Malaysia’s Petronas, has signed an agreement with Geoteric, an AI-driven seismic interpretation software firm, to expand the use of artificial intelligence in oil and gas exploration activities…
Chevron has signed a deal with state-owned pipeline operator Israel Natural Gas Lines to kickstart construction of the Nitzana natural gas pipeline to transport gas from the Leviathan gasfield to Egypt, the U.S. company said on Tuesday.Nitzana would ease an energy crisis in Egypt…
The Dutch government will grant around 1 billion euros ($1.18 billion) in subsidies next year for the construction of offshore wind farms with a total capacity of 2 gigawatt (GW), it said on Tuesday.Tenders for the wind farms had been put on hold in May…
The decline in output from mature global oil and gas fields is accelerating amid greater reliance on shale and deep offshore resources, the International Energy Agency said on Tuesday, meaning companies need to invest more just to keep output flat…
Onshore wave energy technology developer Eco Wave Power has partnered with BladeRanger, an automated drone-based cleaning and diagnostics specialist, to introduce drones for the maintenance of its wave energy systems.The collaboration was demonstrated…
Petrovietnam Drilling & Well Service Corporation (PV Drilling) has officially taken ownership of Noble Corporation’s Noble Highlander jack-up rig, which has been renamed to PV DRILLING IX.The rig has been transferred to PV Drilling’s technical team in Denmark…
Mammoet has entered into a strategic partnership with Tugdock Submersible Platforms to expand the use of the Tugdock Submersible Platform (TSP), a technology which improves buoyancy, stability and load transfer activities in marine transport operations…
Eni, together with its Offshore Cape Three Points (OCTP) project partners, Vitol and the Ghana National Petroleum Corporation (GNPC), has signed a Memorandum of Intent with the Government of Ghana, targeting the country’s oil and gas production increase and new sustainable initiatives…