Kosmos Energy trims oil & portfolio with sale of assets off Equatorial Guinea
U.S.-headquartered oil and gas exploration and production company Kosmos Energy has wrapped up the divestment of its non-operating working interest…
North America
DOI settlement redirects $765 million from offshore wind to gas, geothermal projects
The U.S. Department of the Interior announced an agreement with Invenergy under which the company will terminate four offshore wind…
Europe
Transocean secures $185 million in offshore drilling contracts
Transocean has secured approximately $185 million in new contract backlog through awards for two harsh-environment semisubmersible rigs operating in Norway…
Europe
Vår Energi sanctions 86-MMboe Balder development in North Sea
Vår Energi has taken final investment decision (FID) on the Balder Next New Wells project in the North Sea, advancing…
Europe
DeepOcean awarded Foinaven contract
18 June 2026 – Global ocean services provider DeepOcean has entered into an agreement to support bp in the decommissioning…
Europe
G7 critical minerals pact boosts Australian opportunities
A renewed push by Group of Seven (G7) nations to strengthen coordination on critical minerals supply chains is expected to…
Australia
Transocean rig pair lines up two drilling jobs in Norway and Australia
Switzerland-based offshore drilling contractor Transocean has secured new multimillion-dollar assignments for two of its harsh environment semi-submersible rigs off the…
Asia
Malaysian oil and gas sector entering two-phase recovery: AmInvestment Bank
KUALA LUMPUR: Malaysia’s oil and gas sector is entering a two-stage recovery, with elevated oil prices supporting near-term earnings while…
Middle East
Oil falls to 3-month low on Hormuz reopening hopes
Oil prices continued to decline on Wednesday, with the international benchmark Brent crude trading well below $80 per barrel for…
Europe
Chevron Approved to Explore Greece’s Block 10 for Hydrocarbons
The US energy giant will join HELLENiQ ENERGY in offshore exploration in the Kyparissia Gulf, marking a new step in…
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