Europe1 month agoTotalEnergies swoops for Shell onshore businessTotalEnergies has signed agreements to acquire Shell’s onshore renewables business in Europe and to sell a 50% stake in a…
Asia1 month agoPTTEP Accelerates Offshore Malaysia Programme With New Drilling ContractsThailand’s PTT Exploration and Production is ramping up its offshore development activity in Malaysia, moving on multiple fronts across drilling,…
Middle East1 month agoOPEC+ Agrees September Oil HikeOPEC+ approved an oil production quota increase on Sunday of around 188,000 barrels per day from September, the producer group…
Europe1 month agoEY nudges up UK growth forecast, but warns of recession if Strait of Hormuz stays closedEY nudged up its 2026 UK growth forecast on Monday but warned of a potential recession if the Strait of…
Asia1 month agoSOCAR AQS wraps up drilling at Bulla-Deniz field for AzneftSOCAR AQS completed drilling and completion operations on Well No. 118, a deviated production well drilled on a turnkey basis…
Africa1 month agoStena IceMAX strikes oil indicators offshore Egypt for ShellShell’s Velox-1X exploratory well in Egypt’s North Cleopatra concession turned up encouraging signs of oil, raising the prospect of the…
Europe1 month agoBP quits North Sea after tax grabBP will sell its North Sea oil division after the government’s tax raid on domestic oil, in a move that…
Europe1 month agoBP to cut 700 jobs as it simplifies company, internal email showsBP, opens new tab plans to cut about 700 of its non-frontline global workforce, according to an internal email seen…
Europe1 month agoTechnipFMC Reports Record Q2 Subsea Revenue and Targets $10 Billion in New Orders for 2026 as Offshore Market AcceleratesTechnipFMC has reported second-quarter 2026 results showing record subsea revenue performance and raised its confidence in achieving $10 billion of…
Asia1 month agoDrilling contract signed for capacity expansion of Maibarara geothermal field, PhilippinesMaibarara Geothermal Inc has signed a contract with ThermaPrime for an exploration drilling campaign to support capacity expansion at its…
