McDermott Energy Solutions (UK), a majority shareholder in the SMDC joint venture, has received a letter of intent from ExxonMobil Mozambique, on behalf of the Area 4 partners, covering limited engineering and procurement services for the Rovuma LNG Phase 1 midstream development in Mozambique…
KOIL Energy Solutions has entered into a strategic alliance with consultancy Pipeline Network to expand its presence, operational capabilities and customer support across the Eastern Hemisphere.The alliance combines KOIL Energy's subsea technology…
The environmental regulator in Australia's Northern Territory charged Japanese energy giant Inpex in court on Wednesday with under-reporting emissions from its Ichthys liquefied natural gas (LNG) plant near Darwin.The charges cover alleged licence breaches…
Oil prices rose on Tuesday as a diplomatic resolution to the U.S.-Iran conflict remained uncertain, while disruptions to oil flows through key shipping routes persisted.Front-month Brent futures LCOc1 rose $1.04, or 1.24%, to $84.81 a barrel…
Moby Robotics is a new entrant to the subsea swarm autonomous robotic space, created in 2025 and aiming to take the discovery and recovery of subsea minerals market. Andrew Lipman, a USMMA graduate and long time executive with ABS stationed in China…
DOF Group has secured long-term contract extensions with Petrobras for the Skandi Buzios and Skandi Recife pipelay support vessels (PLSVs), extending both contracts into January 2028.Following negotiations with Petrobras, Skandi Buzios was awarded a 516-day extension…
Shell has agreed to sell its wholly owned subsidiary BG Cyprus to MOL Group for up to $720 million, giving the Hungarian energy company a 35% stake in Cyprus' Aphrodite offshore gas field.The transaction, which is subject to customary adjustments…
Azule Energy, jointly owned by Eni and BP, has started construction of the topside process modules for the Greater PAJ floating production, storage and offloading (FPSO) vessel, with the first steel cutting ceremony held at Haiyang CIMC Raffles' Haiyang yard in China…
BP has started production from its Atlantis Major Facility Expansion project in the U.S. Gulf of America, adding new water injection capacity to boost oil recovery and extend the life of one of the company's flagship offshore assets.The project adds two new subsea water injection wells…
Shell's net profit more than doubled from last year to $9.84 billion in the second quarter, beating expectations, helped by higher energy prices and increased market volatility during the Middle East conflict.Higher oil and gas prices, stronger…
Uniper has signed a long-term agreement to purchase 2 million tonnes per annum (mtpa) of liquefied natural gas (LNG) from Canada's proposed Ksi Lisims LNG project, marking the first major long-term LNG supply arrangement between Canada and Germany…
Dragon Oil, Carlyle Group, Energean and Artemis Energy are among the groups expected to bid this week for assets in BP's West Nile Delta natural gas development off Egypt, three sources familiar with the sale process said.British oil major BP…
Dutch offshore contractor Allseas has secured a contract by Western LNG to install the critical subsea section of the Prince Rupert Gas Transmission (PRGT) pipeline, a key component of the planned Ksi Lisims LNG export project in northwest Canada…
Northern Lights joint venture has taken delivery of its fourth dedicated liquefied CO2 (LCO2) carrier, completing the vessel fleet required for the first phase of its carbon capture and storage (CCS) transport and storage operations.The Northern…
Baker Hughes has secured a major order from Venture Global LNG to supply liquefaction technology for the expansion of the CP2 LNG project in Louisiana, extending the companies' long-standing partnership in U.S. liquefied natural gas development…
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