Ashtead Technology enters into a global partnership with Whitecap Scientific Corporation   International subsea equipment rental and solutions specialist Ashtead…

Saipem seals $750m EPC contract for Saudi gas project   Saipem, a leading engineering and construction company, has been awarded…

Equinor stepping up on fusion investment   Equinor Ventures (EV) is increasing its investment in Commonwealth Fusion Systems (CFS) as…

Oil prices could hit $125 per barrel next year and up to $150 in 2023, JPMorgan says   Brent, the…

Rigs report: jack-up drilling climbs, Saipem adds ultra-deepwater drill ship   Westwood Global Energy’s RigLogix reported there were 354 offshore…

MDL spread supports TFMC double lay campaign   Maritime Developments (MDL) flex-lay spread has completed two SURF installations for two…

Oil slips on Covid vaccine efficacy concerns – Rystad Energy Oil Market Notes   Oil prices are falling today as…

Nordic oil producer Lundin Energy contemplates $10bn sale   Nordic oil producer Lundin Energy is reportedly looking to sell the…

Sinopec commits $470m to 300MW hydrogen electrolyser in China   State-owned oil giant Sinopec has started construction on an electrolyser…

SBM Offshore And Petrobras Sign Deal For Mero FPSO   FPSO operator SBM Offshore has signed contracts with Petrobras for…