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Business & Finance

An industrial gas or petroleum processing facility with a worker wearing Equinor's logo on his back
Business & Finance

Equinor to feed Dutch grid with low-emission Norwegian gas through 2031

Equinor has secured a multi-year deal to supply Eneco with roughly 0.9 billion cubic meters of Norwegian natural gas annually.

about 1 month ago
FPSO at sea
Business & Finance

BW Energy locks down multimillion-dollar financing for offshore platform and production growth

The path from discovery to first oil is moving at a fast pace for BW Energy, which is laying the groundwork for its expansion offshore Gabon.

about 1 month ago
FPSO at sea
Business & Finance

Murphy Oil notches dual exploration wins in West Africa and Asia alongside Vietnam and US Gulf start-ups

Murphy Oil has paired exploration and appraisal successes with new projects being put into production mode.

about 1 month ago
Jack-up rig at sea
Business & Finance

2002-built jack-up comes to Asian yard for MOPU conversion ahead of gas field deployment

A 24-year-old jack-up will undergo a rig-to-MOPU conversion before it embarks on its upcoming job at a gas development in Southeast Asia.

about 1 month ago
An ultra-deepwater drillship used for offshore oil and gas exploration
Business & Finance

Seadrill scores big with new rig awards in Asia, Africa, and US Gulf

Seadrill has secured a sweeping slate of rig deals and extensions, pushing its contracted 2027 drillship capacity past the 85% mark.

about 1 month ago

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A floating production unit (FPU) in the Kutei Basin, offshore East Kalimantan, Indonesia.
Business & Finance

Eni sheds partial stakes in Indonesian gas assets as Pertamina and Medco bolster portfolios

Eni’s divestment move follows multi-trillion-cubic-feet gas discoveries, giving two regional firms direct stakes in fast-tracked gas developments.

about 1 month ago
A hydrogen-powered coastal bulk carrier
Business & Finance

New wind for hydrogen-electric shipping as GMI-PowerCell collaboration expands to four bulk carriers

PowerCell’s new order to supply hydrogen fuel cell systems for two more GMI bulk carriers brings the total fleet order to four vessels.

about 1 month ago
CMES and RINA Management
Business & Finance

AI, next-gen tech, and maritime decarbonization on RINA- China Merchants Energy Shipping pact’s agenda

The duo will explore AI-powered vessel operations, smart shipping, alternative fuels, and maritime decarbonization.

about 1 month ago
A remotely operated vehicle (ROV)
Business & Finance

Ørsted expands offshore wind ROV fleet with third Saab electric subsea robot

Ørsted has turned to Saab UK for a third remotely operated vehicle (ROV) to scale up underwater capabilities across its offshore wind assets.

about 1 month ago
An aerial view of an oil and gas processing and export hub located in the Persian Gulf
Business & Finance

ADNOC broadens its Asian horizons with Gulf Group LNG deal

ADNOC has inked a multi-year agreement with Gulf Group to ship 2 million tonnes of liquefied natural gas (LNG) starting in 2027.

about 1 month ago

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An offshore semi-submersible rig at sea
Business & Finance

Shell and Equinor fuel $1.1 billion backlog uptick for Transocean

Transocean gets its hands on a North Sea contract for a semi-submersible with Shell and a final approval for three rigs from Equinor.

about 1 month ago
Bay du Nord
Business & Finance

Shell to take a slice of Equinor's $10 billion oil project in Canada

about 1 month ago
SLB
Business & Finance

SLB and TotalEnergies enter into 15-year digital drilling agreement

about 1 month ago
FPSO vessel at sea
Business & Finance

Yinson Production achieves industry-first non-Brazil FPSO project bond at $1.46 billion

Yinson Production has closed the largest FPSO project bond to date at $1.458 billion, marking the first-ever non-Brazil issuance for the asset class.

about 1 month ago