Chevron and TotalEnergies are among the oil majors snapping up offshore blocks in West and Southern Africa as compelling geology, regulatory reforms, and the need to restock spur a hunt for the next Brazil.Companies are restocking their oil…
Provider of energy data and intelligence TGS has signed of an ocean bottom node (OBN) contract in Europe, extending the acquisition campaign further.The company’s node-on-a-rope crew is scheduled to start acquisition in early April and the contract has a duration of approximately 45 days…
Equinor has trimmed planned investments in renewables and low-emission energy and flagged heavy cuts to share buybacks, the company said on Wednesday as it posted a 22% drop in fourth-quarter profit.The Norwegian energy group's adjusted earnings…
Seatrium has completed divested its AmFELS Yard located at Brownsville in Texas to Karpower Valley, a related party of Karpowership.The divestment, first announced in September 2025 and completed on January 30, 2026, will allow Seatrium to enhance capital and operational efficiencies…
Provider of energy data and intelligence TGS has secured a 4D streamer acquisition contract in the North Sea, offshore Norway.A Ramform vessel is scheduled to mobilize for the survey in the second quarter of 2026, with the contract expected to run for approximately 65 days…
RWE and Amazon have signed a power purchase agreement (PPA) covering 110 MW of electricity from RWE’s Nordseecluster B offshore wind project in the German North Sea.The agreement builds on a strategic framework agreement signed by the two companies in June 2025…
McDermott has secured a decommissioning definition engineering contract by QatarEnergy for Qatar’s inaugural offshore decommissioning initiative.Under the contract scope, McDermott will develop a comprehensive technical and commercial framework…
Malaysia's state energy firm Petronas said on Thursday it will ramp up exploration and production over the next three years to strengthen domestic energy security.Petronas said it aims to maintain domestic output at close to two million barrels of oil equivalent per day between 2026 and 2028…
Worley has been selected by Equinor to enter into a framework agreement to provide offshore support services for selected oil and gas facilities on the Norwegian Continental Shelf.The framework agreement is expected to cover offshore maintenance…
Australian Prime Minister Anthony Albanese and his East Timor counterpart, Xanana Gusmao, on Wednesday said the Greater Sunrise gas project should be developed 'as soon as possible', with Australia pledging a third of its state revenue to its small neighbor…
Germany’s RWE and Nordic renewables company Aneo have signed a transaction agreement for the sale of RWE’s Swedish wind activities, including its operational Karehamn offshore wind farm, as the utility refocuses on markets offering large-scale renewable growth…
Offshore drilling contractor Seadrill has secured multiple contract awards for its West Capella, West Elara and West Carina drilling rigs across Malaysia, Norway and Brazil.In Malaysia, the ultra-deepwater drillship West Capella secured a well-based contract with an undisclosed operator…
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…
Keystone and Stena Drilling have signed a memorandum of understanding (MoU) to jointly develop a next-generation, automation-enabled well delivery model.Under the collaboration, Keystone’s digital well planning and execution capabilities will…
Global marine construction company Jan De Nul said it has strengthened its offshore wind market strategy by using real-time intelligence from Spinergie, improving visibility on vessel activity, asset availability and market trends.By integrating…