1202 results found for 'Libya'

1202 results found for 'Libya'
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  • TGS signs deal in Libya for multi-client data activities

    2 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Infrastructure, Outlook & Strategy, Project & Tenders, Vision

    Norwegian energy data and intelligence company TGS has signed a letter of intent (LoI) with a subsidiary of Libya’s National Oil Corporation (NOC) for the expansion of multi-client data activities in Libya. The deal, signed with North Africa Geophysical Company (NAGECO), is said to establish a framework that enables further multi-client collaboration, subject to final […]

  • Eni restarts Libya drilling after five years using Saipem’s rig

    6 October 2025
    Business Developments & Projects, Exploration & Production

    Eni North Africa, the affiliate of Italy’s oil and gas giant Eni, has resumed its offshore exploration activities northwest of Libya.

  • Saipem gives out €8.5M contract to compatriot NextGeo for work offshore Libya

    11 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Italy’s Next Geosolutions (NextGeo) has won a €8.5 million contract with compatriot engineering, drilling, and construction services giant Saipem for survey and support to installation activities for an offshore gas project in North Africa. NextGeo will deploy the vessels NG Worker and NG Surveyor to carry out offshore touch-down monitoring operations using work-class remotely operated […]

  • Eni and QatarEnergy pick up exploration license in North Africa

    12 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Italy’s energy giant Eni and Qatar’s state-owned oil and gas giant QatarEnergy have won an offshore exploration license off the coast of Libya, North Africa.

  • BP and TPAO seal oil & gas cooperation pact

    13 February 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production

    UK-headquartered energy giant BP has struck a deal with Türkiye‘s national oil and gas giant, Türkiye Petrolleri A.O. (TPAO), to pool resources in the oil and gas exploration and production arena.

  • US firm finds work on $8 billion gas development in Africa

    11 August 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Mellitah Oil and Gas, a joint venture between the African country’s National Oil Corporation (NOC) and Italy’s Eni, has handpicked the U.S.-headquartered Hill International, a member of the Global Infrastructure Solutions family of companies, to provide project management services for a multibillion-dollar energy project off the coast of Libya.

  • NextGeo finalizes acquisition of share in Italian subsea services firm

    5 September 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Vision

    Italy-headquartered Next Geosolutions (NextGeo) has completed the acquisition of 75.4% of the share capital of RANA Subsea, a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening its range of services. Following the closing, the new corporate bodies of RANA Subsea were appointed, with […]

  • Saipem’s rig trio rakes in millions for jobs with Eni in Africa, Mediterranean, and Far East

    22 October 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Saipem has boosted its offshore drilling order intake with new multimillion-dollar contracts and extensions that are perceived to reinforce its presence in key strategic areas, such as West Africa, the Mediterranean, and the Far East. As a result, three rigs will be on drilling duty with Eni, an Italian energy titan.

  • ExxonMobil ending 10-year absence from Libya with offshore study MoU

    5 August 2025
    Business Developments & Projects, Collaboration, Outlook & Strategy, Project & Tenders

    U.S.-headquartered energy giant ExxonMobil has signed a memorandum of understanding (MoU) with Libya’s National Oil Corporation (NOC) to undertake a technical study off the coast of the North African country.

  • Edison shakes hands with Knutsen for new LNG vessel to be built by Hanwha Ocean

    9 December 2025
    Business & Finance, Business Developments & Projects, Vessels

    Asian shipbuilder Hanwha Ocean will construct a new vessel for the transport of liquefied natural gas (LNG), with a capacity of 174,000 cubic meters at Geoje (Okpo), in South Korea, thanks to a deal Norway’s Edison made with shipowner Knutsen OAS Shipping.

  • Oil oversupply risks and global crude trade realignment loom with Venezuela’s regime change

    6 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    As Venezuela faces a regime change, the country’s production recovery is staring at a decade-long timeline despite near-term supply gains, according to Wood Mackenzie, an energy intelligence group, which believes that additional Venezuelan barrels could pressure Brent prices below mid-to high $50 per barrel (bbl) of oil in the first quarter of 2026 amid oversupply and also realign flows, diverting Middle East heavy barrels to Asia and intensifying competition for Canadian crude in the U.S. Gulf Coast.

  • 220 blocks up for grabs in Nigeria’s bid round to speed up oil & gas development

    11 August 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Rules & Regulation, Transition

    Given its interest in unlocking oil and gas growth, the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has revealed its plans to award 220 oil blocks, spanning the African country’s onshore and offshore basins, in its latest hydrocarbon licensing bid round. This entails 59 offshore blocks located in deep water.

  • BP’s deepwater oil & gas find offshore Brazil ‘largest in 25 years’

    4 August 2025
    Business Developments & Projects, Exploration & Production

    The U.K.-headquartered oil and gas giant BP has made an oil and gas discovery at a prospect in Brazil’s Santos Basin.

  • TotalEnergies and Shell’s offshore drilling plans at risk as court throws a spanner in the works

    15 August 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Environment, Exploration & Production, Regulation & Policy, Transition

    As oil and gas exploration off South Africa’s coast continues to garner attention, the offshore drilling activities planned by two energy giants, France’s TotalEnergies and the UK-based Shell, have hit a snag, with the Western Cape High Court opting to set aside the South African government’s decision to grant environmental authorization for offshore drilling in Block 5/6/7, along the southwest coast.

  • $27 billion fills Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips’ quarterly profit coffers

    17 November 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Against the backdrop of concerns over hydrocarbon production rates, the European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have secured over $27.14 billion in profits.

  • Exclusive interview with Eni: Gas and LNG at crux of multiple FIDs as ‘game-changing phase’ edges closer

    3 February 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Exploration & Production, Outlook & Strategy, Transition

    With a diversified pipeline of projects spanning Africa, Asia-Pacific, the Americas, and the East Mediterranean, Italy’s energy giant Eni is set on pursuing a disciplined exploration strategy focused on rapid monetization and a pragmatic, technology-driven approach to emission cuts by combining low-cost reserves, fast-track development, and cross-border collaboration. The firm’s 2026 horizon spotlights multiple final investment decisions (FIDs) for gas and liquefied natural gas (LNG) projects.

  • Everllence claims ‘world’s first’ methanol engine retrofit onboard COSCO boxship

    30 October 2025
    Business Developments & Projects, Collaboration, Equipment, Technology, Vessels

    German engine maker Everllence (formerly MAN Energy Solutions) has completed what it hails as “the world’s first” conversion of its two-stroke engine to dual-fuel methanol running, following the sea trials wrap-up of a 20,000 TEU containership owned by China’s COSCO Shipping Lines. As informed, the vessel in question is the 200,000 dwt COSCO Shipping Libra. […]

  • Hanwha’s 7th-gen drillship kicks off maiden contract with Petrobras

    18 September 2025
    Business Developments & Projects, Project & Tenders

    A seventh-generation drillship owned by Hanwha Drilling, part of South Korea’s Hanwha Ocean, has commenced its assignment with Brazil’s state-owned energy giant Petrobras in the country’s Campos basin.

  • NextGeo expands into new regions via acquisition of share in 61-year-old Italian firm

    22 July 2025
    Business & Finance, Business Developments & Projects, Outlook & Strategy, Project & Tenders, Regulation & Policy, Transition, Vision

    Italy-headquartered Next Geosolutions (NextGeo) has signed a sale and purchase agreement for the acquisition of 75.4% of the share capital of a compatriot subsea services company established in 1964, thereby expanding its operations into the Mediterranean and West African countries and broadening its range of services. The transaction involves the acquisition of 75.4% of the […]

  • China’s first ship-to-ship methanol bunkering completed

    1 October 2025
    Infrastructure, Vessels

    COSCO Shipping Heavy Industry (Shanghai) (CHI Shanghai) has completed China’s first ship-to-ship methanol bunkering operation by a shipbuilding and repair enterprise at a shipyard’s berth, marking a major milestone in the nation’s adoption of alternative marine fuels.

  • Viking takes delivery of newest future-proof cruise ship from Fincantieri

    27 June 2025
    Business Developments & Projects, Infrastructure, Vessels

    Swiss cruise line Viking has taken delivery of its newest future technology-ready ocean ship, Viking Vesta, from Italian shipbuilder Fincantieri.

  • Italy’s Edison welcomes inaugural LNG cargo from Louisiana plant

    15 May 2025
    Business Developments & Projects, Project & Tenders

    Italian utility company Edison has welcomed its first liquefied natural gas (LNG) shipment hailing from the export facility in Cameron Parish, Louisiana, operated by U.S.-based LNG export project developer Venture Global.

  • Petrobras taps Portuguese firm for €250M oil platform work

    30 May 2025
    Business Developments & Projects, Project & Tenders

    Empresa Construtora do Brasil, an affiliate of Portugal’s engineering group Mota-Engil, has secured a maintenance and construction contract with Brazilian state-owned energy giant Petrobras. Valued at around 1.61 billion Brazilian reais, equivalent to approximately €250 million, the contract is set to last 48 months. Mota-Engil explained that the win strengthens its backlog in Brazil, a […]

  • Petrobras puts FPSO in production mode earlier than planned

    26 May 2025
    Business Developments & Projects, Exploration & Production, Infrastructure

    Brazil’s state-owned energy giant Petrobras has started production from a floating production storage and offloading (FPSO) unit working in the pre-salt Santos Basin in Brazilian waters.

  • WilForce stays in Libya

    12 August 2008

    Awilco Offshore has received a Letter of Intent for the use of its WilForce jack-up drilling rig for operations offshore Libya. The US $36.5 million deal would see the rig drilling two firm wells with the option for one further well. The firm period of the contract is 180 days. Operations are scheduled to start […]