British finance minister Rachel Reeves said on Thursday she would stop multinationals, including oil and gas firms, from reducing their tax liability by using corporate structures that involve foreign branches.Reeves made the announcement in…
Brazil's federal tax revenue surged in April, official data showed on Thursday, buoyed by higher oil-related receipts as elevated crude prices linked to the U.S.-Israel war on Iran lifted government intake under President Luiz Inacio Lula da Silva…
A unit of Indonesian state utility Perusahaan Listrik Negara said on Friday it had signed heads of agreement with Italy's Eni and Japan's Inpex to buy 830 cargoes of liquefied natural gas, or about 48.5 million metric tons, between 2027 and 2047…
Copenhagen Infrastructure Partners, a Danish firm eager to invest in Italian offshore wind farms, is getting impatient.Two years after the country's 2024 law offered incentives to would-be developers to provide offshore wind capacity, the government…
Sercel announced the sale and delivery of 12,000 nodes of its WiNG wireless nodal system to OGDC, Pakistan's largest national oil & gas company. This new contract to equip a 3D seismic survey in the south of Pakistan marks OGDC’s first adoption of land nodal seismic acquisition technology…
Energy services company Weatherford has been awarded a deepwater integrated completions contract by Esso Exploration & Production Nigeria (EEPNL), an ExxonMobil affiliate, offshore Nigeria.The contract falls within Weatherford’s Well Construction and Completions portfolio…
QatarEnergy has signed a memorandum of understanding (MoU) with the Egyptian government and ExxonMobil to study the potential development and commercialization of gas discoveries in Cyprus through Egypt’s existing gas and LNG export infrastructure…
Energy services firm EnerMech has signed a multi-year global collaboration agreement with Norway-based technology company Optilift to expand technology-enabled crane and lifting operations across the offshore energy sector.The agreement combines…
Wood has secured a contract by China Offshore Oil Engineering Company (COOEC) to deliver detailed design work for QatarEnergy’s Bul Hanine EPIC2 offshore oil and gas redevelopment project in Qatar.The scope includes the design of 25 subsea pipelines…
Shell’s Mars platform has produced its billionth barrel of oil equivalent, becoming the first single offshore platform in the Gulf of America to reach the milestone nearly three decades after production began.The deepwater oil and gas platform…
Ocean services provider DeepOcean has been engaged to support the subsea decommissioning and disconnection of an undisclosed floating production, storage and offloading (FPSO) unit currently located in the U.K. sector of the North Sea.DeepOcean’s…
Rockhopper Exploration has informed that the operator Navitas Petroleum is studying an accelerated expansion of the Sea Lion offshore oil development north of the Falkland Islands after signing a memorandum of understanding for a second floating production…
Panoro Energy has reported first-quarter performance to be in line with expectations as the company advanced a series of offshore development and exploration projects across Equatorial Guinea and Gabon while progressing what it dubbed 'a transformational'…
Energy data and intelligence specialist TGS has secured of an ocean bottom node (OBN) contract in the Norwegian North Sea.Mobilization will start in June, and the contract has a duration of approximately 25 days.'We are very pleased to secure…
Australian populist party Pauline Hanson’s One Nation said it wanted to create a Norway-style sovereign wealth fund and for the government to take a share of offshore production licences in federal waters as it unveiled its energy policy at…