Chevron’s Chief Financial Officer (CFO) Eimear Bonner will become president of the company's Oil, Products & Gas business from January 1, 2027, as part of a senior leadership reshuffle that will also install Jeff Gustavson as its new CFO.Bonner…
More than 370 cables tested and approved for moving applications at sea.Oil platforms, gas production facilities, offshore wind farms, port facilities and ship cranes all depend on energy and data supply that keeps working while waves, weather and constant movement do their worst…
Yinson Production has signed a contract amendment with Eni for a major gas capacity upgrade of the John Agyekum Kufuor floating production, storage and offloading (FPSO) unit offshore Ghana.Under the amendment, signed on October 2, Yinson will…
Abu Dhabi National Oil Company (ADNOC) has signed a multi-year agreement to supply about 2 million tonnes of liquefied natural gas (LNG) to Thailand's Gulf Group starting in 2027.Under the sales and purchase agreement, ADNOC Trading will deliver the LNG to Gulf Group…
Baker Hughes has signed two agreements aimed at developing Venezuela's natural gas and energy infrastructure, including a partnership with state oil company PDVSA targeting gas production, processing, transportation and potential LNG exports…
Seatrium has been awarded the conversion of Karpowership's LNGT Akdeniz into a floating storage and regasification unit (FSRU), marking the ninth FSRU conversion project between the companies.Work on LNGT Akdeniz is scheduled to start in the first quarter of 2027…
Norwegian shipbuilder Vard, part of Fincantieri, has opened a new design and engineering office in Ho Chi Minh City, Vietnam, and plans to grow its workforce there to more than 40 engineers in the coming years.The new Vard Design and Engineering…
Reach Subsea has exercised a one-year option to extend the charter for Deep Cygnus subsea vessel from Havila Subsea & Renewables, keeping the vessel in its fleet through March 2028.The original charter, announced in July 2022, covered a four-year period with an option for an additional year…
Halliburton has ruled out working on the Sea Lion oil project near the Falkland Islands after Argentine federal authorities raised questions over potential criminal and civil enforcement related to hydrocarbon activities around the disputed territory…
Petrobras has made a new oil discovery in block FZA-M-59 in ultra-deep waters off Brazil's Amapá state after finding another oil-bearing interval while drilling deeper at its Morpho exploration well.The discovery was made at the 1-BRSA-1405-APS well in a water depth of 2…
Orcadian Energy and an unnamed U.S. offshore data center developer have terminated an agreement to jointly develop an offshore energy-to-compute project using gas resources from Orcadian's Earlham and Orwell discoveries in UK waters.The companies…
Ithaca Energy has agreed to acquire Suncor Energy's interests in the Terra Nova and White Rose oil assets offshore eastern Canada for $860 million in cash, marking its first international acquisition outside the UK.The deal includes a 48% operated interest in Terra Nova…
More than 160 offshore workers at Apache have backed strike action in a pay dispute that could disrupt operations at seven North Sea assets and potentially affect the Forties Pipeline System, trade union Unite said.The industrial action, which could begin in October…
The Strait of Hormuz will not reopen until seven Iranian conditions set out in a June interim agreement with the US are met, state media reported Iran's parliament speaker Mohammad Baqer Qalibaf as saying on Sunday.Iran presented a proposal…
Aker BP has appointed a new executive management team effective January 1, 2027, reorganizing its leadership around the company's value chain from exploration through production.The new team will work through the end of 2026 to design a new…
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