Vaalco Energy has achieved strong initial results from a development well offshore Gabon and remains on track to restart production at its Baobab field in Côte d’Ivoire in the second quarter of 2026.The company said the Etame 14H well has been drilled…
Workers at Inpex’s Ichthys liquefied natural gas facility in Australia have voted in favour of strike action over pay and conditions, union group the Offshore Alliance said on Friday, in a decision that could exacerbate already tight energy supplies globally…
Well-Safe Solutions has secured a multi-year contract with Apache North Sea to decommission platform and subsea wells in the Forties Field.Work is set to begin in 2026, with Well-Safe leading project management, engineering and offshore delivery of the decommissioning program…
Shell said on Wednesday that weaker first-quarter gas output and a hit to short-term liquidity would be offset partly by stronger oil trading, offering an early glimpse into how the U.S.-Israeli war on Iranis reshaping oil majors' earnings.Global…
The National Ocean Industries Association (NOIA) has released its sixth annual Offshore Energy Industry's Innovation & Workforce Excellence Report, a comprehensive publication showcasing how offshore energy companies are leading on environmental performance…
The Egyptian cabinet approved on Thursday a draft for a gas and oil exploration agreement in the Lotus offshore area in the Mediterranean with Egyptian Natural Gas Holding Company and Chevron Egypt Holdings Ltd, a statement said.Egypt, which…
Oil and gas producer Sable Offshore said on Monday it was ramping up production across its California assets as more wells come online and a third platform is set to begin operations later this year.Its shares were up 3.7% in premarket trading…
Mermaid Subsea Services (UK) has extended its contract for the subsea support vessel Island Valiant, reinforcing its position in the North Sea decommissioning market.The vessel has supported Mermaid’s operations in the region for the past three years…
BP said on Tuesday it expects its huge oil trading desk to post 'exceptional' results for the first quarter, signalling a windfall from the spike in oil prices LCOc1 triggered by the U.S.-Israeli war against Iran.The company also said in a quarterly…
Energy data and intelligence TGS has secured an offshore wind site characterization contract in Europe.The Ramform Vanguard vessel is scheduled to begin data acquisition in the second half of July.The contract has a duration of approximately 1…
The Philippines' Secretary of Energy Sharon Garin on Tuesday said the country has asked the United States to extend a waiver to purchase Russian oil and petroleum products.Garin said the government is optimistic about extending the waiver which expired on April 11…
Petrobras has signed agreements with Petronas Petróleo Brasil to acquire the remaining 50% stakes in the Tartaruga Verde and Espadarte Module III fields offshore Brazil.The fields are located in the Campos Basin, where Petrobras will regain…
Malaysia’s Petra Energy has secured work orders worth $75 million (RM 298 million) for services linked to a gas project in Sarawak, Malaysia.The contracts were awarded to Petra Resources, a subsidiary of Petra Energy, by Petronas Carigali under an existing pan-Malaysia offshore services agreement…
The Middle East war is giving fresh momentum to Europe's push for energy independence andbolstering the case for offshore wind farm developments, the CEO of Denmark's Orsted said on Thursday.Europe, a major importer of fossil fuels, has seen energy prices soar in recent weeks as the U…
Indian refiners have purchased Iranian oil amid the Middle East conflict that has disrupted supplies through the Strait of Hormuz, the oil ministry said on Saturday.The world's third-biggest oil importer and consumer, India has not received a cargo from Tehran since May 2019…
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