Marwell Group Announces Acquisition of Multidesign Engineering AS, Strengthening Engineering Capability and Accelerating Technology Development
Stavanger, Norway – [30/10/2026] – Marwell Holding AS is pleased to announce the acquisition of Multidesign Engineering AS (MDES), a…
Africa
BW Energy pulls capex guidance as rig loss stalls Gabon drilling
BW Energy has suspended its 2026 capital expenditure guidance, previously $600 million to $650 million, while it reschedules its Dussafu…
South America
BP finds hydrocarbons in Tupinambá exploration well offshore Brazil
BP identified the presence of hydrocarbons in exploration well 1-BP-14-SPS in the deepwater Tupinambá block in the Santos Basin offshore…
South America
Nabors adds SANAD newbuild in Saudi Arabia, lines up Venezuela rig
Nabors signed a multiyear contract to deploy one rig in Venezuela in early 2027, marking its return to drilling operations…
Africa
Seplat discovers 19 million barrels of oil, 157 bcf of gas in Imo State
Encouraged by the initial success, now looks to commence the second phase of exploration in the oilfield as early as…
Europe
Kjøttkake Gets Final Investment Decision as $900 Million Gjøa Tie-Back Is Renamed Lyra
The co-owners of the Kjøttkake oil and gas discovery in the Norwegian North Sea have taken a final investment decision…
The Network
International energy and infrastructure consultancy joins the Global Energy Network
Diafora, an RICS-regulated consultancy specialising in quantity surveying, commercial management and project management, has joined the Global Energy Network (GEN).…
The Network
Subsea Supplies expands connector offering through Teledyne PDM partnership
Subsea Supplies has become an authorised distribution partner for Teledyne PDM, expanding access to its Impulse connector range across the…
The Network
Novodrill acquires AFE, combining proven expertise in world-class well delivery
ABERDEEN, 29 October 2026 – International drilling and well-management consultancy Novodrill has completed the acquisition of AFE Ltd, the Aberdeen-based…
Europe
UK Budget 2026: ‘Hammer blow’ for North Sea as Labour under fire over carbon capture funding row
Scotland’s flagship carbon capture project has been dealt a “hammer blow” after the UK government threw doubt over whether public…
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