Valeura Energy has discovered a new oil accumulation near its Manora field in the Gulf of Thailand, with drilling results prompting the company to move immediately into development planning for a potential satellite facility.The Suraphi discovery…
Aker BP has made a gas discovery in the North Sea, using Saipem’s Scarabeo 8 semi-submersible drilling rig.The discovery was made 25 kilometers north of the Duva field, marking the first exploration well in production license 1153, which was awarded in APA 2021…
China dipped into its massive crude oil stockpile in August for the third month in the past four as increased refinery processing exceeded a modest increase in oil imports.Refineries processed about 640,000 barrels per day (bpd) more than what…
Petrobras has awarded Strohm a contract to supply thermoplastic composite pipes for water injection and gas lift applications in Brazil's deepwater post-salt cluster, with the technology to be tested in water depths of up to 1,500 metres.The…
Senegal and Eni have signed a memorandum of understanding for the energy company to evaluate the oil and gas potential of five offshore blocks as the government seeks to revive exploration and attract new upstream investment.The agreement, signed…
MET Group and Shell have signed a new long-term agreement for the supply of U.S. LNG, expanding the European energy company's access to American gas for its customers across Europe.Under the agreement, Shell will supply MET International, MET Group's trading and wholesale arm…
Libya plans to increase gas output to 4 billion standard cubic feet a day over the next three to five years, its oil and gas minister told an energy forum in Bangkok on Tuesday.'We have come to identify huge opportunities for us to increase…
MODEC and Eld Energy have completed a key qualification stage for a solid oxide fuel cell power system designed for floating production, storage and offloading (FPSO) units, advancing plans to test the technology using produced gas on an operating offshore unit…
Saipem has completed the sale of its Saudi Arabian shallow-water drilling business to ADES Saudi Limited Company, advancing its strategy to focus its offshore drilling portfolio on deepwater and harsh-environment operations.The transaction, first announced in June…
Santos has agreed key commercial terms for a 10-year LNG supply deal with POSCO Steel and separately signed a non-binding agreement to buy about 1 million tonnes per annum of LNG from Canada's proposed Ksi Lisims project for up to 20 years.Under the proposed POSCO agreement…
TotalEnergies and Mistral have launched a three-year program worth more than $115 million (€100 million) to develop artificial intelligence (AI) models for oil and gas reservoir exploration, characterization and development.The partnership will…
KERSHIP, a joint venture between PIRIOU and Naval Group, launched the PETAR NJEGOS I, the first of two OPV 60M offshore patrol vessels ordered by Montenegro, at its Lanester shipyard on Friday, September 11, 2026.The ceremony, marking a milestone in the program…
Mexico’s state-run oil firm Pemex has begun repairing an offshore pipeline after a crude oil release about 46 nautical miles off Ciudad del Carmen, Campeche, with the pipeline isolated and no further oil being released.Personnel at the Cantarell…
RWE and Masdar plan to explore joint bids in Germany's 2027 offshore wind auctions under a cooperation agreement with an indicative investment value of more than $3.47 billion (€3 billion), while RWE separately advanced talks with ADNOC over potential long-term LNG supplies…
Baker Hughes has received two orders from Venture Global to supply gas compression systems for the Cloud Connector Pipeline and liquefaction equipment for the expansion of the Plaquemines LNG facility in Louisiana.The Cloud Connector order covers…