Bulgaria's state-owned energy group Bulgarian Energy Holding will acquire a 10% stake in oil and gas exploration rights for the Han Asparuh block in the Black Sea, the government said on Wednesday.The Council of Ministers approved the deal, allowing BEH to buy 5% each from OMV Offshore Bulgaria…
TotalEnergies has agreed to sell its interests in Nigerian asset, while launching a new petroleum products trading joint venture in the Middle East, as the French energy major continues to reshape its portfolio and expand its downstream trading activities…
The floating production unit (FPU) for Woodside Energy’s Scarborough gas project has arrived at the Scarborough field offshore Western Australia, marking a major milestone for the development as it moves into the hook-up and commissioning phase ahead of first gas production…
Vantris Energy, formerly known as Sapura Energy, has divested its 40% equity stake in L&T-Sapura Shipping to joint-venture partner Larsen & Toubro for total consideration of about $30.5 million, as part of a broader portfolio optimization strategy…
Vantris Energy Berhad said it has been awarded offshore transportation and installation work orders in Malaysia by Petronas Carigali under existing long-term contracts.The awards were secured by Sapura Offshore, an indirect wholly owned subsidiary of Vantris Energy…
QatarEnergy has signed a Memorandum of Understanding (MoU) with Egypt’s Ministry of Petroleum and Mineral Resources to strengthen cooperation in the energy sector, including the supply of liquefied natural gas (LNG).Under the agreement, QatarEnergy…
Water injection and the transport of produced fluids are some of the main energy consumers in offshore production. Researchers at SINTEF point to the need for a balanced approach to optimizing energy efficiency.The handling of produced fluids…
U.K.-based oil and gas firm Harbour Energy has been appointed operator of the Zama oil project offshore Mexico.The appointment was agreed by the Zama partners, including Pemex, Grupo Carso and Talos Energy who will have the option to appoint key personnel into Harbour's project team…
Australia’s Woodside Energy has finalized a long-term liquefied natural gas supply agreement with Türkiye’s state pipeline operator BOTAŞ, marking Woodside’s first long-term LNG contract with the Turkish market.Under the sale and purchase agreement…
The bp Board has appointed Meg O’Neill as bp’s next CEO effective April 1, 2026.Murray Auchincloss is stepping down from his position as CEO and director of the Board, effective December 18. Carol Howle, current executive vice president, supply…
BW Energy has, in a consortium with Maurel & Prom, signed an agreement to acquire a combined 20% non-operated interest in Block 14 and 10% in Block 14K offshore Angola from Azule Energy.Within this transaction, BW Energy’s net share will be 10% in Block 14 and 5% in Block 14K…
BP, Woodside Energy and Chevron were the top winners on Wednesday at the U.S. government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023.The auction, which ended with $279.4 million in high bids, was the first of 30 mandated by U…
BP has delivered first oil from the Atlantis Drill Center 1 expansion project in the U.S. Gulf of America, two months ahead of plan.The project is expected to add 15,000 barrels of oil equivalent per day (boe/d) gross peak annualized average production at the existing Atlantis platform…
BP, Chevron and Shell were among the top bidders on Wednesday at the U.S. government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023.The auction, which ended with $279.4 million in high bids, was the first of 30 mandated by U…
EnerMech has secured a contract from Bechtel to deliver chemical cleaning services for Woodside Energy’s Pluto Train 2 LNG project in Western Australia, the company said.Bechtel is responsible for engineering and construction of the expansion…
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