Italian oil and gas company Eni has made what it says is a significant oil discovery on the Eban exploration prospect offshore Ghana.
Perth-based Finder Energy has bought another UK North Sea license from Azinor Catalyst Limited – the highly prospective P2317 license named Goose.
Driven by strong cash generation, oil major Shell will be increasing its returns to shareholders through share buybacks or dividends.
Australian firm Woodside has completed the acquisition of FAR Limited’s entire participating interest in the Rufisque Offshore, Sangomar Offshore, and Sangomar Deep Offshore (RSSD) joint venture.
The first new platform for the TotalEnergies-operated and delayed Tyra project, located in the Danish North Sea, is now ready to sail away.
Shell Gas & Power Developments B.V. and Uniper Hydrogen GmbH have signed a memorandum of understanding to explore accelerating the development of a hydrogen economy in Europe. Under the MoU, the companies intend to find joint opportunities to couple industrial and mobility demand with hydrogen suppl
Australian ICON Engineering and Norwegian IK-Group have formed an alliance for pipeline repair, intervention, and decommissioning.
The latest plethora of deals scored by South Korea’s largest shipbuilder has enabled Korea Shipbuilding & Offshore Engineering (KSOE), a holding company of Hyundai Heavy Industries Group, to hit 94 percent of its $14.9 billion target for this year. The company announced several deals late last week
Dubai-based port operator DP World has acquired U.S. logistics company Syncreon for an enterprise value of $1.2 billion.
2021 will be the first year in the history of container shipping when carrier profits approach $100 billion and average freight rates jump by 50%, UK-based shipping consultancy Drewry believes. The profit surge is driven by huge operational disruptions as ports battle congestion and lack of equipmen
The BP-operated Greater Tortue Ahmeyim project in Mauritania and Senegal has experienced delays and cost overruns due to the Covid-19 pandemic.
Oilfield services provider Petrofac has been awarded a three-year contract extension from Neptune Energy valued in the region of $14 million.
UK oil and gas company EnQuest has completed the buy of a 100 per cent equity interest in the P.1078 license containing the proven Bentley heavy-oil discovery from Whalsay Energy.
Fifteen port authorities, industry groups and environmental organizations have signed a letter calling on the US Congress to include at least $20 billion in any infrastructure deal to support the decarbonization of the shipping industry.
