
Brazilian state-run oil company Petrobras has approved an agreement with the government for compensation that must be paid to the company in the event of an auction of reserves in two offshore oil areas.

The Norwegian Petroleum Directorate (NPD) has granted Equinor a drilling permit for the drilling of two wells located offshore Norway.

Integrated subsea technology and services provider Ashtead Technology has signed a deal with Zetechtics to offer customers a range of new ROV tooling technologies.

Eni has revealed itself as the buyer of KrisEnergy’s Block 115/09, located offshore Vietnam following the completion of the acquisition.

UK’s gas supplier Gasrec has acquired five bio-LNG refueling stations and four cryogenic trailers, reinforcing its commitment to transition from diesel to a cleaner fuel.

Belgian tanker owner Euronav NV has signed an €80 million ($95 million) sustainability-linked financing deal, the company revealed. The move brings the share of facilities with an integrated sustainability component in the company’s total to 31.5%. The unsecured revolving credit facility has been co

Australian energy giant Santos has decided to provide the company’s managing director and chief executive officer (CEO) with a one-off growth projects incentive to ensure successful delivery of Santos’ major growth projects and energy transition strategy to 2025.

Airbus Helicopters has secured an H160 order from Derazona Helicopters in Indonesia, launching this new rotorcraft in the oil and gas sector.

Singapore’s shipbuilder Strategic Marine has launched the next-generation Strat Cat crew transfer vessel (CTV) design for the offshore wind market. The SC27 is an evolution of Strat Cat 26 which is said to offer enhanced vessel capabilities with a reduced environmental footprint and hybrid drive opt

Teras Offshore, which was awarded a wind turbine installation contract for the Taipower Offshore Wind Project Phase II in December, will also work on the procurement and installation of wind farm’s other components. The company, a wholly owned subsidiary of Ezion Holdings, will provide project manag

The board of directors of Houston-based Vaalco Energy has named a new chief executive officer (CEO) following the departure of the current CEO.

Independent Oil and Gas plc (IOG) has started drilling the Elgood development well, 48/22c-H1, located in the UK North Sea.

Norway’s safety regulator has given Equinor consent for life extensions for the Heimdal platform with associated pipelines and wells.

Turkey’s national oil and gas company TPAO has started drilling operations at a new well in the Black Sea, using Fatih drillship.