Indonesia's upstream oil and gas regulator SKK Migas told a parliamentary hearing on Wednesday that it will aim to lift 612,500 barrels of oil per day (bpd) and 5,469 million standard cubic feet per day (mmscfd) of gas next year.Indonesia's…
Dolphin Drilling has announced the contract fixture of its semi-submersible drilling rig Borgland Dolphin with an undisclosed operator in the UK, which represents approximately $239 million in firm contract backlog.The contract is scheduled to commence in the second half of 2027…
Apollo has received an Approval in Principle (Level 2) from Bureau Veritas for its PALM Quick Connection System (QCS), a technology designed to simplify the connection and disconnection of dynamic cables from floating offshore wind turbines…
Energy services company Weatherford has entered into a definitive agreement to acquire NCS Multistage Holdings in a transaction aimed at expanding its well completions portfolio and increasing exposure to unconventional resource markets.Under the agreement…
Carnarvon Energy has secured the Transocean Equinox semi-submersible drilling rig for a multi-well campaign that includes exploration wells in the Bedout Sub-basin offshore Western Australia, with drilling scheduled to begin from April 2027…
Vantage Drilling has entered into a merger agreement under which Norway-based Eldorado Drilling will acquire the offshore drilling contractor in a transaction valuing the company's equity at approximately $257.6 million.Under the agreement, Vantage shareholders will receive $19…
BP and its partners have started non-associated gas (NAG) production at the Azeri-Chirag-Gunashli (ACG) field offshore Azerbaijan, marking the first commercial gas production from one of the world's largest oil-producing fields.The initial gas…
Cheniere Energy Partners has signed a lump-sum turnkey engineering, procurement and construction (EPC) contract with Bechtel Energy for the first phase of the Sabine Pass LNG Expansion Project in Louisiana and issued a limited notice to proceed…
DeepOcean has been awarded a subsea contract package by Equinor covering multiple fields on the Norwegian continental shelf, including projects in the North Sea and Barents Sea, with offshore work planned across the 2027-28 seasons.The contract…
TouchWind has installed its floating wind turbine prototype at Fieldlab Green Economy Westvoorne in the Netherlands, moving the POWER project into the in-water testing phase.The POWER project, short for ‘POsitive Wake Effects of turbines with tilted Rotors’…
Polish oil refiner Orlen is seeking a partner for its planned Baltic East offshore wind project, CEO Ireneusz Fafara told reporters on Thursday.The 1-gigawatt wind farm will neighbour Orlen's most advanced offshore project, the Baltic Power site which the company is currently finishing…
TGS has been awarded a large and high-end 4D streamer contract offshore Angola. The program is scheduled to commence acquisition in early July 2026, and the contract has a duration of approximately eight months.Kristian Johansen, CEO of TGS…
Baker Hughes announced Tuesday a major contract extension with Petrobras to provide integrated solutions for well construction across Brazil’s Santos Basin.Baker Hughes will expand the company’s comprehensive well construction operations in several of the basin’s oilfields…
Mexican billionaire Carlos Slim said on Tuesday that a deepwater natural gas project his company Grupo Carso agreed to develop alongside state-run oil company Pemex is 'irrational,' raising questions about the future of the project.The Lakach…
Bangladesh launched an international tender on Sunday for oil and gas exploration in 26 offshore blocks in the Bay of Bengal, offering more attractive terms to foreign companies as it seeks to tackle worsening domestic gas shortages and reduce reliance on costly LNG imports…
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