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…
Europe
GE Vernova, Nexans and RTE Join French Consortium to Develop Floating Power Grid Technology for Deepwater Offshore Wind
A consortium comprising Chantiers de l’Atlantique, France Energies Marines, Fondation OPEN-C, GE Vernova, Nexans, RTE and SuperGrid Institute has launched…
Asia
Velesto Energy Wins Offshore Drilling Contract from Hibiscus in Malaysia’s PM3 CAA
Malaysia’s oil and gas services firm Velesto Energy, through its subsidiary Velesto Drilling, has secured a contract from Hibiscus Oil…
Middle East
Meeting oil demand will be essential for decades, Shell CEO says
The global events of the last few months have shown that meeting oil demand will be essential for decades to…
Europe
Equinor Signs Five-Year Deal with Eneco for Gas Supply to Germany
Equinor has signed a five-year agreement with the Dutch energy company Eneco for supplies of natural gas from the Norwegian…
Europe
Shearwater Geoservices Wins OBN Seismic Contract at Adura’s Jackdaw Field in UK North Sea
Offshore seismic services firm Shearwater Geoservices has secured an ocean bottom node (OBN) seismic acquisition project for the Jackdaw field…
Europe
Ensco Fined £267,000 After North Sea Worker Jason Thomas Fell to His Death Through Unsecured Deck Grate
An offshore firm has been handed a £267,000 fine after an investigation ruled that health and safety failings resulted in…
Africa
Nigeria Oil Production 2026: Output Up But Still Below Budget Benchmark
Nigeria’s slow rebound in crude oil production to around 1.66 million barrels per day is good news, but it should…
Australia
Asia’s Gas Crunch Opens the Door for Australian LNG
Asian energy importers are likely to develop a stronger – and lasting – taste for Australian natural gas as they…
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