Brazilian state-owned energy giant Petrobras has signed on the dotted line to buy out Petronas Petróleo Brasil Ltda. (PPBL), a subsidiary of Malaysia’s energy giant Petronas, and secure sole ownership of two assets in the Campos Basin off the coast of Brazil.
Petronas Carigali, a subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, has entrusted assignments on its gas project to Petra Resources Sdn. Bhd. (PRSB), a subsidiary of Petra Energy Berhad (PEB).
Houston-headquartered energy player Occidental (Oxy) has unveiled a new oil discovery at a prospect in the Gulf of America (U.S. Gulf of Mexico).
CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has expanded its service offering with the purchase of Petrofac’s Asset Solutions business, a provider of operations, maintenance and decommissioning
Elenger, Finland’s privately owned energy company by Infortar, has set the wheels in motion to get ready for the next heating season by securing five liquefied natural gas (LNG) cargoes this spring.
Following last month’s contract win in China, OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract with Texas-based Beacon Offshore Energy (BOE) Exploration and Production for a deepwater field in the Gulf of America. Under the contract, OneSubsea will deliver
The offshore workers’ voices on the UK Continental Shelf (UKCS) are set to be amplified as Unite, described as Britain’s largest offshore trade union, has secured a new recognition agreement with Apache, a North Sea operator.
Great Britain’s regulator, North Sea Transition Authority (NSTA), has hit London Stock Exchange-listed energy player EnQuest with a penalty over decommissioning failures related to 33 inactive wells.
DeepOcean has signed an agreement with Boskalis for the charter of a subsea vessel the Dutch company recently purchased from Norwegian vessel operator Sea1 Offshore. Boka Spearfish, to be renamed from Sea1 Spearfish, will join DeepOcean’s fleet of advanced subsea vessels for the remainder of 2026, w
Belgian shipping company Exmar has unveiled a naming ceremony for two ocean-going ammonia dual fuel midsize gas carriers (MGC), which was held in South Korea.
Fugro will conduct a UXO survey at the Morecambe Bay area this month, ahead of a geotechnical site investigation for the Morecambe offshore wind project that is planned to start in May 2026. The UXO work will be undertaken by the survey vessel Fugro Frontier and is planned to commence around April 1
Northern Phoenix, the third liquefied carbon dioxide (LCO2) carrier for the Northern Lights CO2 project in Norway, has officially been blessed and will now start final preparations and commissioning ahead of operations. China’s Dalian Shipbuilding Industry (DSIC), part of China State Shipbuilding Co
London-based oil and gas player Energean has received the go-ahead to resume production from a floating production, storage, and offloading (FPSO) vessel, which is working at a field off the coast of Israel.
Boskalis’ new subsea rock installation (SRI) vessel, described by the company as the largest in the industry, has arrived in the Netherlands for final outfitting and commissioning ahead of its first assignment later this year. Windpiper, whose purchase Boskalis announced in January 2025, was develop
