Perenco UK (PUK), the Anglo-French oil and gas player Perenco, has brought back online a natural gas field in the UK sector of the North Sea, years after the production taps were turned off.
Australia’s oil and gas player Beach Energy has dropped its plan to drill and complete a development well or pursue the subsea tie-in to the Otway gas plant, unlocking over $500 million in estimated near term capital to redeploy into higher-return opportunities.
Amplitude Energy (formerly Cooper Energy), an Australian gas production company focused on supplying the Southeast domestic gas market, has set the wheels in motion to take over the operatorship of an offshore gas field in the Otway Basin off the coast of Australia.
UK-headquartered energy giant BP and its U.S.-based partner ExxonMobil have embarked on a quest to boost output at an offshore platform in the Gulf of America (U.S. Gulf of Mexico), thanks to a subsea pump development.
Italy’s energy giant Eni has lined up three new long-term liquefied natural gas (LNG) supply agreements for its gas project duo in Indonesia, Southeast Asia.
Oslo Stock Exchange-listed oil services company Archer is set to acquire isol8, a Scottish well technology company focused on alloy-based barrier solutions and advanced materials for use in well completions, intervention, and plug and abandonment (P&A). The completion of the transaction is expected
The Arab Energy Fund (TAEF), a multilateral impact financial institution, has decided to expand its energy portfolio by investing in MidOcean Energy, a liquefied natural gas (LNG) player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG).
Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has secured 13 contracts year-to-date, enhancing its backlog by adding 2,250 days and $274 million in jack-up rig deals.
Japan’s exploration and production (E&P) company Inpex has shed light on the progress made in advancing discussions for liquefied natural gas (LNG) and pipeline gas offtake deals from a planned LNG project in Indonesia’s Masela block, which is seen as a way to fortify Southeast Asia’s energy securit
UK-headquartered energy giant BP and its partners have penned three production sharing contracts (PSCs) for oil and gas blocks off the coast of Indonesia, Southeast Asia. The British player is also participating in another offshore block, which Japan’s Inpex offshore Eastern Java in Indonesia.
Oceaneering has won an integrated offshore installation contract with Burullus Gas Company, a joint venture of Egyptian General Petroleum Corporation (EGPC) and Shell Petroleum, for a gas field development project offshore Egypt. The contract was awarded to the company’s Offshore Projects Group for
Two Norwegian energy players, Equinor and Aker BP, have forged a strategic alliance to augment future production and value creation across selected parts of their oil and gas portfolios on the Norwegian Continental Shelf (NCS), enabling them to better align ownership interests, support coordinated d
China’s Offshore Oil Engineering Company (COOEC) has awarded Wood with a contract for the design of an optimized solution for a pipeline network at QatarEnergy’s hydrocarbon redevelopment project. Wood has been put in charge of the design of 25 pipelines, including ensuring safe interaction where pi
With the first phase on track for start-up in 2028, an oil project in the North Falkland Basin (NFB) is looking into expediting a capacity boost through the development of subsequent phases in the Falkland Islands.
