Fugro has formed a partnership with DTACT, a high-tech software company, and Ubotica, a specialist in AI-powered satellite intelligence, to develop a data fusion and intelligence platform for critical subsea infrastructure.The solution will…
Energean has received notice from the Israeli Ministry of Energy and Infrastructure, instructing the safe restart and resumption of production and operations at its Energean Power floating production, storage and offloading (FPSO) unit.Energean…
Egyptian fertilizer producers were forced to halt operations on Friday due to a drop in natural gas imports from Israel, industry sources told Reuters.They said major Israeli gas fields had suspended operations following Israel's military strikes…
Poland has unveiled plans to hold its first offshore wind auction in December 2025, targeting 4 GW in new projects, as Equinor and Polenergia move to submit the pre-qualification application for their Bałtyk 1 offshore wind farm.Poland’s Energy…
JERA, Japan's biggest power generator, has agreed to new supply deals for U.S. liquefied natural gas from four projects to diversify its global portfolio away from its reliance on Australia, it said on Thursday.JERA plans to buy up to 5.5 million metric tons per annum (mtpa) of U…
Petrobras aims to make Africa its main region of development outside Brazil, the state-run oil giant's CEO told Reuters on Thursday during a wide-ranging interview about the company's strategy.Ivory Coast has extended the 'red carpet' for Petrobras…
Canada-based oil and gas company Valeura Energy has completed an eight-well drilling campaign in license B5/27 in Gulf of Thailand with Borr Drilling’s Mist jack-up drilling rig.At its 100%-operated B5/27 license, Valeura conducted drilling operations at Jasmine C…
Energy major Shell expects several traditional LNG exporter nations to turn into net importers, driving demand for the super chilled fuel and potentially easing concerns that the industry faces oversupply from a raft of planned new projects…
EnQuest provided an operations update ahead of its annual general meeting highlighting its growing footprint in South East Asia.The group announced several key growth initiatives across South East Asia in recent months, including the award of the DEWA PSC…
Danish offshore wind installation firm Cadeler has agreed acquire the Boqiang 3060, a newly-constructed jack-up wind turbine installation vessel (WTIV), from Shanghai Boqiang Heavy Industry Group.The acquisition will enhance Cadeler’s capacity…
Norway's Equinor and Poland's Polenergia made a final investment decision for the project to build two wind farms off the Polish coast of the Baltic Sea, the Warsaw-based company said on Monday.The two farms, each with a generation capacity of 720 megawatts are set to cost a total of about 6…
Shell, the top U.S. offshore producer, said this week that two of its wells to boost production at the Perdido offshore development were delayed to the end of the year, while one was brought online in March.All three wells, part of Perdido's Great White unit…
The U.S. Gulf of Mexico can continue growing oil output even amid geopolitical volatility not seen in decades, oil and gas industry leaders said on Monday.U.S. President Donald Trump's global tariff announcements have since last month contributed…
Norwegian geophysical services company Electromagnetic Geoservices (EMGS) has established a new business platform within the offshore subsea construction market, having entered into a set of agreements for the acquisition of Siem Day offshore subsea construction vessel (OSCV)…
Shell on Friday reported a 28% drop in first-quarter net profit to $5.58 billion, beating analyst expectations, and kept the pace of its share buyback programme steady amid falling oil prices and lower refining margins than last year.It said it would buy back $3…
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