Brava Energia, formerly 3R Petroleum before the merger with Enauta, has entered into exclusivity agreement with Azevedo e Travassos (A&T) and Petro-Victory Energy (PVE) for the potential sale of oil and gas concessions in the state of Rio Grande do Norte…
Lankhorst Offshore has secured a contract to supply mooring lines to for the Culzean floating wind project in Scotland, set to provide clean power to oil and gas platform in the North Sea.Lankhorst Offshore has been awarded a contract by Delmar Systems…
U.S. oil and gas firm Kosmos Energy walked away from its pursuit of West Africa-focused Tullow Oil on Tuesday, without specifying any reason for the decision, prompting a 10% drop in Tullow's shares.Kosmos' announcement comes less than a week…
U.S.-based oilfield services provider Expro has signed a technology agreement with Petrobras for the development of a new non-intrusive flowmeter for the optimization of production from oil and gas wells.The technology will provide flow rates and identify flow patterns…
Perenco has completed the acquisition of BP’s four mature offshore gas fields as well as one underdeveloped field offshore Trinidad and Tobago.The acquired assets include Cashima, Amherstia, Flamboyant & Immortelle offshore gas fields and associated production facilities…
Offshore drilling contractor Constellation has secured a contract with Petrobras for its ultra-deepwater drillship Amaralina Star, which will operate offshore Brazil, covering remote areas of frontier exploration, such as the Equatorial Margin and Pelotas Basin…
Equinor and its partners DNO and Petoro have made an oil and gas discovery west of the Troll field in the North Sea, currently estimated at between 2 and 12 million barrels of oil equivalent.The discovery, made 17 kilometers from the Troll field…
Exxon Mobil wants to preserve its right of first refusal in Hess Corp's sale of its Guyana oil production assets because of the work it has put into developing the country's offshore fields, two of its top executives said on Wednesday.A three…
Floating Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, have awarded front-end engineering and design (FEED) contracts to two partnership for the delivery of 560 MW GreenVolt floating wind farm offshore Scotland…
Kongsberg Maritime has signed a contract with Compagnie Maritime Monegasque (CMM) to deliver advanced ship design and technology for six hybrid platform supply vessels (PSVs), with oil spill recovery capacity, which will support Petrobras’ offshore operations…
Energy services provider Expro (NYSE: XPRO) has been awarded a contract valued at over $10 million for the provision of a well decommissioning solution in support of the 52-well plug and abandonment (P&A) campaign.The solution combines subsea…
China's CNOOC has sold its U.S. subsidiary, together with its upstream oil and gas assets in the Gulf of Mexico, to British chemicals group INEOS, according to a CNOOC statement issued on Saturday.The Chinese oil and gas major said CNOOC Energy Holdings U…
Oil and gas companies operating in Norway expect to invest a record 275 billion Norwegian crowns ($24.68 billion) in 2025, up from 263.7 billion this year and more than previously expected, the Offshore Norge industry association said on Monday…
Norwegian oil and gas player Vår Energi and its partner Equinor have proven oil in an appraisal well in Barents Sea, drilled to delineate the Countach discovery, which is now being considered for tie-back to the nearby floating production, storage…
BP and XRG, ADNOC’s international energy investment company, have established new regional gas platform, Arcius Energy, to initially focus on development of gas assets in Egypt.Announced in February 2024, Arcius Energy is 51% owned by BP and 49% by XRG…
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