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Brava Energia, Shell Agree Oil Sale from Atlanta Field

Mar 14, 2025

Brazilian oil and gas firm Brava Energia has signed a contract with Shell Western Supply and Trading, Shell’s subsidiary, for the sale of oil from the Atlanta field, offshore Brazil.Brava Energia said the contract provides for flexible conditions…

Energean, Carlye Deal at Risk of Falling Through as Deadline Looms

Mar 17, 2025

A deal for Carlyle to buy assets from Energean for up to $945 million is at risk of collapse as some regulatory hurdles are yet to be cleared ahead of a deadline this week, Energean said on Monday.The two companies reached an agreement last…

IEA Chief Highlights Need for Investments in Oil and Gas Fields

Mar 11, 2025

Fatih Birol, the director of the Paris-based International Energy Agency, said on Monday there is a need for investment in oil and gas fields to support global energy security.The comment puts the energy watchdog for industrialized nations more…

Woodside’s FID for Louisiana LNG Plant Up for Potential Delay

Mar 11, 2025

Australia's Woodside may push a final investment decision on its Louisiana liquefied natural gas (LNG) plant into the second quarter of 2025 as talks to sell half of the project drag on, CEO Meg O'Neill told Reuters on Monday.Woodside wants to sell as much as 50% of the project…

Cairn India Might Invest in US Oil Servicing Firms to Increase Production

Mar 12, 2025

India's largest privately owned oil and gas company Cairn India said it may invest in U.S. service and engineering companies as part of a $5 billion plan to grow output five-fold in the coming years, its chairman said on Tuesday.'I want to spend $5 billion on developing my project to get to 500…

MWCC Partners with W-Industries On A Multi-Million Dollar Project to Further Enhance Offshore Well Control Capabilities

Mar 10, 2025

Houston, Texas – [March 10, 2025] – Marine Well Containment Company (MWCC), a leader in deep water well control, has awarded a multimillion contract to W-Industries for the engineering, fabrication, and delivery of its new drill-ship deployed containment system…

ADNOC Exploring International Listing of Its Investment Arm XRG

Mar 10, 2025

Abu Dhabi National Oil Company is considering listing its international investment arm XRG on an exchange outside of the United Arab Emirates, three people with knowledge of the matter said, potentially creating one of the largest listed energy companies globally…

Dana Petroleum Cancels Sale of Western Isles FPSO

Mar 10, 2025

U.K.-based oil and gas company Dana Petroleum has terminated the agreement with NEO Energy for the proposed sale of the Western Isles floating, production, storage and offloading (FPSO) vessel, which was planned for deployment in the North Sea as part of Buchan field redevelopment…

Germany's Gode Wind 3 Offshore Wind Farm Starts Commercial Operations

Mar 06, 2025

Ørsted and Nuveen Infrastructure’s 253 MW Gode Wind 3 offshore wind farm in Germany has started commercial operations.Final testing for the Gode Wind 3 offshore wind farm, which is jointly owned by Ørsted and Nuveen Infrastructure, was completed on February 28…

Petrobras Ups Ship Orders to 48 by 2026

Mar 02, 2025

Brazilian state-run oil firm Petrobras will commission four more support vessels by 2026, Chief Executive Magda Chambriard told Reuters, increasing the number of new ships aimed at supporting its operations to 48 by 2026.The reinforcement of…

ExxonMobil’s Esso, Mitsui and Woodside to Invest $200M in Gas Project Off Australia

Feb 24, 2025

ExxonMobil’s Australian subsidiary Esso Australia Resources and its partners have announced a nearly $200 million investment in the Kipper 1B project which will bring online additional gas supply from the Gippsland Basin.The project, which was approved by Esso Australia…

MWCC Partners with W-Industries On A Multi-Million Dollar Project to Further Enhance Offshore Well Control Capabilities

Mar 03, 2025

Houston, Texas – [March 10, 2025] – Marine Well Containment Company (MWCC), a leader in deep water well control, has awarded a multimillion contract to W-Industries for the engineering, fabrication, and delivery of its new drill-ship deployed containment system…

CNOOC Brings Online Second Phase of Luda Oil Field Project in Bohai Sea

Feb 21, 2025

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has started production at Luda 5-2 North Oilfield Phase II Development Project in the central part of Bohai Sea.The main production facilities at the project…

Woodside Negotiating with at Least Three Partners for Louisiana LNG

Feb 18, 2025

Woodside Energy has held talks with several potential buyers of stakes in its Louisiana liquefied natural gas plant, including Tokyo Gas, Japan's JERA and Saudi Aramco-backed MidOcean Energy, multiple sources told Reuters.The timing of the stake…

Leviathan Partners Submit Expansion Plan

Feb 23, 2025

Partners in the Israeli Leviathan offshore natural gas project have submitted a multi-billion-dollar plan with the government to significantly expand the field and boost production, one of the partners in the group said on Sunday.NewMed Energy…

Current News

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Saipem Marks Neptun Deep Offshore Installation Milestone in Black Sea

Saipem Marks Neptun Deep Offsh

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Petrogas Picks Worley for Abeo

QatarEnergy Prolongs LNG Force Majeure, Charters Out Tankers

QatarEnergy Prolongs LNG Force

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