Offshore Field Development Offshore O&G-related EPC contract award year-to-date value is estimated at US$7.8bn (excluding letters of intent). Key sanctioning…
Europe
Sea Lion Falkland Islands Oil Project Explores Second FPSO to Accelerate Production Beyond 2028 Phase 1 Start-up
With the first phase on track for start-up in 2028, an oil project in the North Falkland Basin (NFB) is…
Australia
Worley Wins Engineering Contract with APA Group for Australian Gas Transmission and Storage Infrastructure
Australia-listed engineering services major Worley has secured a framework agreement from compatriot APA Group to support gas transmission and storage…
Europe
Aker BP Receives Norwegian North Sea Drilling Permit for Exploration Well Using Saipem’s Scarabeo 8
Norwegian oil and gas player Aker BP has obtained a drilling permit for an exploration well in the Norwegian sector…
Europe
Dolphin Drilling Secures $150 Million North Sea Contract with Harbour Energy through 2030
Norwegian offshore rig owner Dolphin Drilling has secured a new long-term contract with Harbour Energy for the semisubmersible drilling rig…
Europe
Energean Slashes Dividend After Israel Gas Shutdown Cuts Output
UK-based oil and gas producer Energean plc on Wednesday slashed its first-quarter dividend and full-year production outlook following a 41-day…
Asia
Indonesia offers 13 oil and gas blocks in the first bidding round of 2026
JAKARTA, May 20 – Indonesia is offering 13 oil and gas blocks in the first bidding round of 2026, with…
Middle East
Abu Dhabi Investor Acquires Hornsea 3 Stake
Mubadala Investment Company has invested USD 325 million (approximately EUR 300 million) in the UK’s Hornsea 3 offshore wind farm,…
Asia
Petrobras Acquires Petronas’ 50% Stake in Tartaruga Verde and Espadarte Fields for $450 Million
Petrobras has announced plans to acquire the 50% interests held by Petronas subsidiary Petronas Petróleo Brasil in the Tartaruga Verde…
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