SBM Offshore has signed a contract extension related to the lease and operation of floating production, storage and offloading (FPSO) units Mondo and Saxi Batuque with ExxonMobil’s Angolan subsidiary.The extension secures ownership and operations by SBM Offshore until 2032 for the FPSOs in Block 15 offshore Angola, operated by Esso Exploration Angola (Block 15) Limited, with partners Azule Angola Limited…
Italy’s Eni has completed the sale of a 49.99% equity stake in its carbon capture and storage (CCS) business, Eni CCUS Holding, to Global Infrastructure Partners (GIP), infrastructure investor owned by BlackRock.GIP will jointly control the…
Norwegian offshore supply vessel owner DOF Group has secured seven new contract extensions with Petrobras for its offshore support vessels (OSVs) in Brazil, valued over $160 million.Five of DOF's Brazilian-flagged anchor handling tug supply (AHTS) vessels…
Oil and gas firm Ithaca Energy has signed a letter of intent (LoI) with Prosafe for the charter of Safe Caledonia accommodation rig n the U.K. sector of the North Sea.The LoI for Safe Caledonia entails provision of gangway connected accommodation support at the Captain field…
Offshore drilling contractor Dolphin Drilling has appointed new chief executive officer (CEO) following the resignation of Jon Oliver Bryce.Dolphin Drilling’s board of directors has appointed Michael Boyd, currently the company’s Chief Commercial Officer…
Israel has approved a deal that will supply natural gas to Egypt, Israeli Prime Minister Benjamin Netanyahu said on Wednesday, describing it as the country's largest-ever gas deal.Israel signed the export agreement in August with Chevron and its partners…
Scottish-based services specialist Hydrasun has secured a multi-million-dollar contract to supply subsea instrumentation for the Equinor-operated Mariner field in the North Sea.The contract, valued around $3 million, was awarded to Hydrasun by a major subsea original equipment manufacturer (OEM)…
Danish offshore wind installation firm Cadeler has launched its Wind Ace wind turbine installation vessel (WTIV) newbuild at the COSCO Qidong yard in China.With the launching complete, Wind Ace has moved into the final construction phase, which entails installation of the remaining leg sections…
Norwegian oil and gas producer DNO has secured new North Sea oil offtake agreements with subsidiaries of ExxonMobil and Shell from January 2026, unlocking up to $410 million in associated financing and strengthening its liquidity amid volatile energy markets…
Abu Dhabi National Oil Company (ADNOC) has secured up to $11 billion in structured, non-recourse financing to support development of its Hail and Ghasha offshore gas project, a key part of the UAE’s strategy to expand domestic gas supply and exports…
Cedar LNG, the partnership between Haisla Nation and Pembina Pipeline Corporation, has secured a 12-year agreement with Ovintiv for its floating liquefied natural gas (FLNG) facility, being developed on Canada’s West Coast.The agreement, signed…
Iberdrola has selected a protective coating developed by Spanish firm Revestimientos Técnicos Sostenibles (RTS) at its Windanker offshore wind farm under construction in Germany’s Baltic Sea.The coating is being used on 21 transition pieces…
Ocean services provider DeepOcean has secured a new long-term inspection, maintenance and repair (IMR) frame agreement with operator Vår Energi.The contract has a firm duration of five years, running until end of October 2030, with options to extend for up to an additional four years…
Fugro has secured a large contract with Mubadala Energy to deliver advanced soil investigation services for the South Andaman Deepwater Development, located offshore Indonesia.The strategic project will inform the Front-End Engineering Design Engineering Procurement and Construction (EPC) award…
Santos has agreed to divest two non-core gas assets in Australia as the oil and gas producer continues to optimize its portfolio and focus capital on priority growth projects.The company said it has executed a conditional sale and purchase agreement to sell its 42…
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