Business & Finance

TotalEnergies sheds partial stake ahead of appraisal ops at Nigerian block
TotalEnergies has set the wheels in motion to sell a partial interest in an offshore block to SAPETRO to fast-track the appraisal of a Nigerian field.

Shell lifts first cargo as Venture Global’s US LNG project kicks off commercial ops
Venture Global has achieved commercial operations at Phase 1 of its LNG project in Louisiana, with Shell lifting the facility's first cargo.

Gas flows from Southeast Asian offshore field 21 months after FID
Eni and Petronas’ Searah has brought online an Asian gas field, flowing 250 million standard cubic feet per day (scfd) to domestic and export markets.
Odfjell Drilling-managed rig lands multi-well North Sea job with UK oil & gas operator
Serica Energy has booked an Odfjell Drilling-managed rig for a six-well drilling campaign on the UK Continental Shelf (UKCS).

Mazarine taking the helm at Black Sea Oil & Gas as Carlyle and EBRD exit
Mazarine Energy has struck a deal to acquire Romania's largest offshore gas producer, Black Sea Oil & Gas (BSOG).

CNOOC’s 2026 run powered by 9 start-ups, 5 new oil & gas discoveries, and 23 appraisals
CNOOC's 2026 activities have led to nine new projects being brought online, discovery of five hydrocarbon finds, and 23 appraisal successes.

Noble rigs’ $560 million drilling gigs push fleet backlog to $6.7 billion
Noble Corporation has secured a string of new deals across multiple geographies, spanning South America, Africa, and Europe.
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Petrobras hits paydirt for third time in ultra-deep Amapá waters as Equatorial Margin’s oil arsenal grows
Petrobras' third discovery off the coast of Amapá has strengthened Equatorial Margin's emerging oil frontier.

SBM Offshore tasks Seatrium with multimillion-dollar South American FPSO job
Seatrium has lined up an FPSO integration deal with SBM Offshore, enabling it to play a role in powering upcoming energy projects in South America.

MOL and Deutsche ReGas shake hands on FSRU for German LNG terminal
This deal with MOL will enable an LNG carrier to be converted into an FSRU and chartered to Deutsche ReGas from 2028.

Egypt’s energy infrastructure grows as two new offshore platforms slide into place
Petroleum Marine Services (PMS) has installed two offshore platforms at North Sinai’s gas field, boosting Egypt's energy infrastructure arsenal.

QatarEnergy locks in more US LNG through 20-year deal with Woodside
Woodside has struck a two-decade-long supply agreement with QatarEnergy for LNG from its project in Louisiana, United States (U.S.).

North Sea gas discovery twice as big after appraisal success with tie-back on the table
Appraisal activities have doubled a North Sea gas discovery’s estimate, with a potential tie-back to existing infrastructure being contemplated.
