Texas-based oilfield services provider Expro has secured major contracts from OMV Petrom, totaling more than $10 million, for the Neptun Deep gas project in the Black Sea.The contracts involve Expro’s subsea landing string (SSLS), SeaCure cementing technology…
Shearwater Geoservices and TotalEnergies have signed a three-year firm capacity reservation agreement (CRA) for worldwide marine seismic streamer acquisition services.The CRA reflects the longstanding relationship between TotalEnergies and Shearwater…
China said on Wednesday it would develop a package of major projects to tackle climate change as it moves to bring its carbon dioxide emissions to a peak before 2030 and become carbon neutral by 2060.The world's largest producer of climate-warming…
Japan, South Korea and other countries want to partner with the United States in a 'gigantic' natural gas pipeline in Alaska, U.S. President Donald Trump said on Tuesday, claiming they would invest 'trillions of dollars each.'Trump said in an address to the U…
TDI-Brooks recently secured a contract with Compass Survey Limited to conduct a series of 2D Ultra High-Resolution (2DUHR) seismic site surveys and pipeline route assessments for SPDC offshore Nigeria.These projects involve the acquisition of…
Tampnet, a Norway-based provider of offshore connectivity services, has secured a fibre optic project and long-term service contract for fibre connectivity at Woodside’s Trion deepwater field in the Gulf of Mexico.The fibre-based connectivity to shore for Trion will enable remote operations…
Poland’s Orlen and Norway’s Equinor have teamed up to explore opportunities within Carbon Capture and Storage (CCS) technology.The management boards of both companies have signed a collaboration agreement, covering the transport and storage of carbon dioxide (CO2) in Poland…
Saudi oil giant Aramco said on Tuesday it expects to declare total dividends of $85.4 billion in 2025, nearly 30% less than last year, after reporting a drop in profits as a result of lower sales and higher costs.For the first quarter of 2025…
Houston-based subsea equipment and services provider for oil and gas sector Koil Energy has established a new technology center for manufacturing and service support in Macaé, marking its expansion into Brazil.Macaé is generally considered to…
China National Offshore Oil Company (CNOOC) is slated to launch an upgraded joint-venture refinery complex around June, marking the state-controlled producer's further expansion into refining and petrochemicals, industry sources said.CNOOC aims…
Libya plans its first bidding round for oil exploration in more than 17 years, Masoud Suleman, acting Chairman of the National Oil Corporation (NOC), announced in a televised address on Monday.Libya is Africa's second-largest oil producer and…
Germany's energy independence from Moscow is crucial and it is not in talks with Russia over a 'possible pipeline-based supply of Russian gas' via the partly damaged Nord Stream 2 pipeline, the economy ministry said on Monday.The ministry was…
Shell has announced changes to its executive committee and leadership structure, as part of which the company’s Integrated Gas and Upstream Director Zoë Yujnovich will step down end of March 2025.After more than a decade of service with Shell…
Akastor, through its fully-owned subsidiary DDW Offshore, has entered into a binding agreement to sell Skandi Peregrino anchor handling tug supply (AHTS) vessel.Skandi Peregrino AHTS has been sold for the purchase price of $25 million to an unnamed buyer…
Vår Energi and its partners have drilled a dry well on the Kokopelli prospect, south of the Sleipner area, in the North Sea.The wildcat well 7/1-4 S is located in the North Sea in production license 1190. Two exploration wells have previously been drilled within this area…
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