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Business & Finance

Illustration; Source: ExxonMobil
Business & Finance

ExxonMobil reaches FID on eighth project offshore Guyana

14 hours ago
An offshore platform
Business & Finance

New ultra-deep oil & gas discovery marks ‘major breakthrough’ in Bohai Sea

CNOOC has revealed an ultra-deep natural gas find in the central Bohai Sea, with a high-yield volcanic well testing at 800,000 cubic meters per day.

1 day ago
A semi-submersible rig at sea
Business & Finance

SLB on multi-year integrated drilling quest with European oil & gas operator

SLB’s new assignment with Vår Energi aims to drive efficiency and performance across two rigs owned by Transocean and Odfjell Drilling.

1 day ago
An LNG terminal
Business & Finance

GULF broadens LNG trading horizons beyond Thailand with PetroChina deal

This deal enables GULF to supply 0.3 million tonnes of LNG to PetroChina in 2027, marking its strategic expansion into international trading.

1 day ago
A seismic vessel
Business & Finance

2009-built seismic vessel lands ocean bottom node job offshore West Africa

SeaBird Exploration has lined up a multi-month ocean bottom node (OBN) source assignment off the coast of West Africa.

1 day ago

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A helicopter on the deck of an offshore vessel associated with Meren Energy
Business & Finance

With restructuring done, Impact Oil & Gas turns into pure-play Namibia explorer

The corporate restructuring has established a pure-play Namibia-focused development and exploration business, anchored by the Venus project.

1 day ago
A CSV vessel
Business & Finance

DOF rakes in up to $160 million for new vessel deal and 2009-built CSV’s job extension

DOF has secured a seven-year assignment for a construction support vessel (CSV) and an extension of the charter for its 2009-built vessel.

1 day ago
An offshore rig at sea
Business & Finance

Reservoir upside ups Amplitude Energy’s East Coast gas ante

Amplitude Energy’s drilling activities have confirmed high-quality gas and strong resource potential, strengthening its Australian project.

2 days ago
An offshore rig
Business & Finance

Murphy Oil gains stronger foothold offshore Cameroon with block quartet

Murphy Oil has signed four production sharing contracts (PSCs) for more offshore acreage in Cameroon.

2 days ago
An LNG vessel
Business & Finance

ADNOC widens its Asian footprint with decade-long LNG offtake deal

This ten-year agreement will enable ADNOC to supply up to 4 million tonnes of liquefied natural gas (LNG) to India's Gujarat Energy.

2 days ago

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Offshore rigs
Business & Finance

ADES rig duo picks up multimillion-dollar assignments offshore India

Two of ADES’ jack-up rigs have secured multi-year contracts with Oil and Natural Gas Corporation (ONGC).

2 days ago
FPSO Kwame Nkrumah (MV21) operating on the Jubilee oil field offshore Ghana, as featured on the Ghana National Petroleum Corporation (GNPC)
Business & Finance

Ghana's oil & gas drilling yields hydrocarbons and first carbonate reservoir

This hydrocarbon discovery in a carbonate reservoir off Ghana's coast is unlocking new potential for the country’s upstream sector.

2 days ago
An offshore vessel
Business & Finance

North Sea quintet P&A ops done as Mermaid Subsea checks off decom mission

Mermaid Subsea has wrapped up a plug and abandonment (P&A) campaign with an undisclosed North Sea operator in UK waters.

3 days ago
corporate sign and logo for Murphy Oil Corporation
Business & Finance

Multi-license awards open Eastern Mediterranean doors for Murphy Oil

Murphy Oil has made its first foray into the Eastern Mediterranean by securing six offshore exploration licenses close to a giant gas field.

3 days ago