Global Energy Consultancy ABL Group has appointed Hege Marie Norheim as the new chief executive officer (CEO), succeeding Reuben Segal, who will take on the role as Chief Growth Officer (CGO).Norheim is a seasoned industry professional with 30 years’ experience from senior leadership roles…
Altera Infrastructure has entered into an agreement to sell its entire floating production, storage and offloading (FPSO) business to global investment firm Carlyle.The acquired business includes Altera’s full FPSO portfolio, the floating storage…
Israeli energy investor Delek Group and Italian oil and gas explorer Eni have raised about 106 million pounds ($143.2 million) by selling their shares in UK's Ithaca Energy, a bookrunner said on Tuesday.The top two shareholders of Ithaca offloaded 49…
Seaway7, part of the Subsea7 Group, has secured a ‘substantial’ contract by Synera Renewable Energy (SRE), for the transport and installation of inter-array cables for the Formosa 4 offshore wind farm in Taiwan.The 495 MW Formosa 4 offshore…
TotalEnergies, together with its partner South Atlantic Petroleum, have signed the Production Sharing Contract (PSC) for two exploration licenses offshore Nigeria.The PSC was signed for the PPL 2000 and PPL 2001 licenses, in which TotalEnergies is the operator with 80% working interest…
Brazil's oil and gas production of oil equivalent per day (boed) in July, oil regulator ANP said on Monday, exceeding the key level of 5 million boed for the first time ever.Oil output reached 3.959 million barrels per day in the month, up 22…
Offshore drilling contractor Transocean has announced plans to dispose of four drillships and one semi-submersible drilling rig as part of its fleet optimization efforts.On August 27, 2025, Transocean announced it intends to dispose of, by sale to a third party for recycling or alternative use…
BW Offshore has signed a Head of Agreement (HoA) with Equinor Canada, confirming its selection as preferred bidder for the Floating Production, Storage and Offloading (FPSO) unit for the Bay du Nord project offshore Newfoundland and Labrador in Canada…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for an exploration well in the Norwegian Sea.The permit is for wellbore 6407/1-B-2 H in production license 1121, operated by Equinor with 36.4% working interest.Other partners in the license include TotalEnergies with 29…
Koil Energy Solutions, an international specialist in subsea equipment and services, has secured a significant contract, which includes the supply of control equipment for a subsea isolation valve system.The purpose of the system is to protect…
Equinor and its partners have drilled a dry well in the Deimos prospect in the Barents Sea.The wildcat well 7117/4-1 was drilled in production license 1238, 135 kilometers west of the Snøhvit field and 260 kilometers northwest of Hammerfest…
U.S.-based subsea services and technology firm Oceaneering International has through its Brazilian subsidiary Marine Production Systems do Brasil (MPS) secured multiple subsea robotics contracts from Petrobras.The contracts were awarded during the second quarter of 2025…
TotalEnergies and its partners QatarEnergy and Société Nationale des Pétroles du Congo have been awarded an exploration license for the Nzombo offshore block in the Republic of Congo.Under the terms of the production sharing contract signed with the Congolese Government…
Norway's Equinor will pump nearly $1 billion into Orsted's emergency fundraising, it said on Monday, bolstering the Danish offshore wind power developer's efforts to cope with U.S. President Donald Trump's hostility to the sector.The energy…
The installation of the approximately 20-kilometer-long offshore pipeline for the Porthos CO2 transport and storage project has been completed. The pipeline will transport captured CO₂ from the Rotterdam port industry to storage reservoirs under the North Sea…
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