Business & Finance

Chevron contract takes EnerMech offshore Equatorial Guinea

Aker Solutions scores multimillion-dollar job on oil field redevelopment offshore Qatar

Aker Solutions has been booked to undertake an assignment to extend the life of a field that has been producing oil since the mid-1960s.

Saipem7 closing in on its debut as Brazil clears Saipem-Subsea7 merger

The multibillion-dollar merger between Saipem and Subsea7 has secured Brazil’s blessing, pending divestment of a vessel.

TotalEnergies forges pacts with Petronas, Sonangol, and Oil India to slash methane footprint

TotalEnergies has deepened partnerships across Malaysia, Angola, and India to expand advanced methane detection and accelerate emissions cuts.

Fugro wins East Anglia Two post-installation survey contract

Naftogaz and US sign off on oil & gas alliance

Naftogaz and the U.S. State Department have sealed a strategic energy deal to drive growth in Ukraine's oil and gas sector.

Multi-year US deal brings liquidity boost to New Fortress Energy as Mexican FLNG targets 4Q restart

NFE has sealed a long-term lease for 300 MW of mobile turbines with a U.S. company, while its FLNG in Mexico edges closer to a Q4 resumption.

Germany’s SEFE and Trafigura renew gas deal through 2031

SEFE and Trafigura have sealed a multi-year natural gas supply agreement, boosting annual volumes to 30 TWh through 2031.

LS Cable, LS Marine secure production and installation capacity for 504 MW South Korean offshore wind farm

Shell rakes in $1.45 billion for shedding its stake in Australian gas and LNG project

As Shell heads for the exit, ADNOC’s XRG is buying a stake in a Woodside-operated LNG and gas development in Western Australia.

Taihan renames CLV recently acquired from DOF

Vår Energi comes up dry in the North Sea

Vår Energi’s drilling operations with COSL Drilling Europe’s rig in the Norwegian sector of the North Sea have not yielded hydrocarbons.

Wison New Energies lays keel for Türkiye’s ultra-deepwater FPU

This ultra-deepwater floating production unit (FPU) is being built for Türkiye Petrolleri A.O. (TPAO) to boost Türkiye's natural gas supply.

Chevron keeps ADES’ 2007-built jack-up rig busy in Angolan waters for another year

This multimillion-dollar extension enables the 19-year-old jack-up rig to remain with Chevron’s subsidiary until February 2028.