TMC Compressors has secured a contract by COSCO Shipping Heavy Industry to deliver a complete marine compressed air system to SBM Offshore’s newbuild floating storage and offloading (FSO) unit Chalchi.The FSO Chalchi is bound for deployment at the Trion deepwater oil field…
Chevron plans to close a deal to sell its oil refining and distribution assets in Singapore in the first quarter of the year as it engages in a final round of talks with Japanese refiner Eneos and Glencore, four sources with knowledge of the matter said…
Italy's Eni has signed a binding agreement Azerbaijan's state oil and gas company SOCAR for the sale of 10% stake in the Baleine project off Ivory Coast.Eni said the transaction aligns with its strategy of optimizing the upstream portfolio by…
Britain's Harbour Energy on Thursday forecast 2026 production of 435,000 to 455,000 barrels of oil equivalent per day (boepd), excluding the impact of planned asset sales and the company's $3.2 billion acquisition of LLOG.The figures are lower than the 474…
TDK Corporation has expanded Tronics’ high-performance MEMS inertial sensor portfolio with the launch of the AXO315®T1, a high-temperature digital accelerometer designed for energy sector drilling applications.The AXO315T1 MEMS accelerometer…
Sintana Energy has entered into a letter of intent (LoI) providing a period of exclusivity to evaluate an investment that would give the company an indirect interest in offshore Namibian license PEL 37 in the Walvis Basin.Under the agreement…
Turkish Petroleum is in talks with Chevron to jointly explore oil and gas, Bloomberg News reported on Tuesday, citing a Turkish official familiar with the discussions.Turkey's state energy company would work with Chevron on seismic studies and drilling…
Brazilian state-run oil firm Petrobras and its logistics subsidiary Transpetro on Tuesday signed contracts with shipyards for five gas carriers, as well as 18 barges and 18 pushers, for 2.8 billion reais ($520.82 million).The companies made…