Business & Finance
Jack-up changes hands as Ocean Oilfield enriches its drilling fleet with Noble’s rig
Ocean Oilfield has wrapped up the acquisition of a rig, which is now docked in Malta and ready for immediate global deployment.
In pursuit of Middle East expansion, US piping company sets up entity in Jordan
Nordic energy players hit paydirt with new gas and condensate discovery
Vår Energi and Equinor have struck gas and condensate in Norwegian waters, packing up to 5.5 million barrels.
Ithaca Energy seeking new CEO as current announces retirement
JERA deepens Australian LNG foothold with larger stake in Chevron’s project
JERA has boosted its indirect participation in Chevron's LNG project to 50.1% following a strategic share acquisition from JOGMEC.
MoU charts the path for tidal and ocean current energy projects in Chile
Seadrill hit with $55 million bill after appeals court upholds rig breach ruling
SFL Corporation has won a legal battle, with Norway's appeals court ordering Seadrill to pay $55 million over a 2022 rig redelivery breach.
Sunda steps closer to dusting off 1985 gas field as New Zealand bid goes exclusive
Sunda has secured exclusivity for its New Zealand exploration permit bid, paving the way for a potential appraisal of a 41-year-old gas field.
French engineering company acquires Irish Sea Contractors to expand offshore wind and cable services
Petrobras lands $859 million payout from oil fields deal with Shell, TotalEnergies, and Petrogal
This deal enables Petrobras to reconcile historical costs and production revenues for two deepwater assets in the Santos Basin offshore Brazil.
EIB backs Fugro's USV technology development with €150 million
New oil & gas discovery set to join North Sea fast-track plays fuelling Europe’s energy security
Equinor, Petoro, and TotalEnergies have found up to 50 million barrels in the North Sea and are eyeing first production in under three years.
Kistos strengthens its presence in North Sea oil & gas hub with Vår Energi deal
Kistos is expanding its North Sea footprint through a multimillion-dollar acquisition with Vår Energi, boosting its hydrocarbon portfolio.
Shell, GTT, and Lloyd’s Register eye hybrid-electric LNG carrier design
The trio has teamed up on a conceptual hybrid-electric tech 200,000-cubic-meter (cbm) LNG carrier to cut emissions without sacrificing cargo space.