1196 results found for 'Libya'

1196 results found for 'Libya'
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  • 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.

  • 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.

  • 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.

  • 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 […]

  • 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.

  • 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.

  • 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 […]

  • 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.

  • 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.

  • 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.

  • $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.

  • 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. […]

  • 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.

  • 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.

  • 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.

  • 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.

  • Rig trio finds new jobs: Busy times ahead for jack-ups in Borr Drilling’s fleet

    8 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    Borr Drilling has secured a batch of assignments for three jack-up rigs and shed more light on the contracting developments and movements across the rest of its jack-up fleet.

  • Libya launches first oil & gas bid round since 2007

    10 March 2025
    Authorities & Government, Business Developments & Projects, Project & Tenders

    Libya’s National Oil Corporation (NOC) has launched a new licensing round for onshore and offshore acreage following a hiatus of more than 17 years.

  • Fincantieri and Viking launch ‘world’s first’ hydrogen-powered cruise ship; ink deal for two new units

    8 April 2025
    Business Developments & Projects, Green Marine, Infrastructure, Vessels

    Italian shipbuilder Fincantieri and Swiss cruise line Viking have launched the “world’s first: cruise ship to be powered by hydrogen stored onboard for propulsion and electricity generation.

  • Namibia sets the stage for new offshore oil & gas licensing round and drilling plays

    21 March 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    As multiple drilling campaigns are poised to shape Africa’s energy future this year, the African Energy Chamber (AEC), which serves as the voice of the energy sector in Africa, has opted to shine a light on the offshore oil and gas drilling programs and licensing opportunities in Namibia.

  • ABL settles in Namibia to support local oil & gas and energy transition

    27 February 2025
    Business & Finance, Business Developments & Projects, Environment, Market Outlooks, Outlook & Strategy, Project & Tenders, Transition, Vision

    Energy and marine consultancy ABL has expanded its operations to Namibia with the aim of supporting the local oil & gas market, as well as the country’s energy transition.  The new entity will provide the company’s full technical service offering in energy and marine consulting, with a focus on marine technical due diligence, rig inspections […]

  • Rig naming ceremony marks Hanwha Ocean’s entrance into deepwater drilling arena

    9 April 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Hanwha Drilling, part of South Korea’s Hanwha Ocean, has held a naming ceremony for a seventh-generation drillship, which will work off the coast of Brazil for Petrobras, the South American country’s energy giant.

  • Upcoming ops in Namibia, Angola, Nigeria, and Libya mark oil & gas drilling hotspots across Africa

    12 February 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    African Energy Chamber (AEC), which serves as the voice of the energy sector in Africa, has shed more light on the ongoing and anticipated high-impact drilling campaigns in Namibia, Angola, Nigeria, and Libya.