Europe3 months 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…
Asia3 months 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…
Africa3 months 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…
Europe3 months 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…
Europe3 months 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…
Europe3 months 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…
Asia3 months 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…
Asia3 months agoSearah Cancels Velesto Naga 8 Jackup Contract in Indonesia and Markets Rig for New Work After Completing Phase 1Searah, the joint venture between Eni and Petronas combining their oil and gas operations across Indonesia and Malaysia, has agreed…
Europe3 months agoWorley awarded pre-FEED contract for Dutch Abeona CCS projectPetrogas E&P Netherlands has selected Worley to deliver the pre-front end engineering and design (pre-FEED) study for the Abeona carbon…
Africa3 months agoPredator Oil & Gas Extends Rig Agreement for MOU-6 Drilling ProgrammePredator Oil & Gas Holdings Plc has revised its drilling agreement with Intrepid Drilling, extending the availability of Rig 101…
