The latest bout of political turmoil in Britain comes as energy security has moved front and centre following the Iran war, offering the next prime minister a chance to rethink the country’s North Sea oil and gas strategy.Andy Burnham, who is…
India's Oil and Natural Gas Corp (ONGC) and BP have signed a technical services contract aimed at enhancing production from fields in India's Western Offshore Basin, expanding a collaboration that began at the Mumbai High field in 2025.Under the agreement…
ADNOC Drilling has delivered and received acceptance for AD-300, its first AI-enabled, fully automated walking island rig, nearly three months ahead of schedule.AD-300 is the first of six next-generation island rigs being deployed under a $1…
Italian grid operator Terna and Tunisian electricity and gas company STEG have awarded Hitachi Energy a contract worth about $873 million (€770 million) to build converter stations for the Elmed electricity interconnection project between Italy and Tunisia…
Vår Energi and its partners have submitted a Plan for Development and Operations (PDO) to Norway's Ministry of Energy for the Gjøa Subsea Projects in the North Sea after taking a final investment decision on the developments.The Gjøa Subsea…
Indonesian offshore vessel operator PT Wintermar Offshore Marine (WINS) has acquired the remaining stakes in Singapore-based Fast Offshore Supply (FOS) and its subsidiary PT Fast Offshore Indonesia (FOI), gaining full control of both companies…
Energy services company Semco Maritime has secured a five-year framework agreement with INEOS to provide onshore and offshore services for the company's operations in the Danish part of the North Sea.The contract runs from June 2026 to May 2031 and includes options for two one-year extensions…
Ocean services provider DeepOcean has completed the installation and testing of all inter-array cables at the Nordseecluster A offshore wind farm in Germany.DeepOcean's contract included project management and engineering, the provision of cable protection systems…
Japanese offshore services company MODEC has secured a contract to supply a SOFEC internal turret mooring system for the Coral Norte floating liquefied natural gas (FLNG) project offshore Mozambique, being developed by Eni and its partners.MODEC…
Yinson Production has held a naming ceremony for the floating storage and offloading (FSO) unit PTSC Lac Da Vang ahead of the vessel's deployment to the Lac Da Vang oil project offshore Vietnam.The FSO vessel has been contracted to Murphy Cuu Long Bac Oil…
Energy services company EnerMech has completed a pipeline flushing and cleaning contract for Subsea7 as part of an offshore field decommissioning program in the Gulf of Mexico.The scope covered the flushing and cleaning of a long-distance deepwater…
Asia-Pacific focused upstream company Jadestone Energy has drilled and brought online its first well in the 2026 Malaysia infill drilling campaign on the PM323 production sharing contract, which now delivers around 3,000 barrels of oil per day (bpd)…
German utility RWE has agreed to acquire additional indirect stakes in transmission system operator Amprion for $4.1 billion (€3.6 billion), raising its total holding in the company to 55% and expanding into regulated grid infrastructure.RWE has agreed with five shareholders of M31…
Italian energy services company Saipem has signed a binding agreement to sell its shallow-water drilling business in Saudi Arabia to ADES Saudi Limited Company for $285 million, as it seeks to focus on deepwater and harsh-environment offshore drilling…
Brazil's state-controlled oil company Petrobras and Mexico's state oil producer Pemex have signed a memorandum of understanding (MoU) to establish strategic and technical cooperation on projects in the hydrocarbons sector, including exploration and production and industrial processes…
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