Yinson Production has made a move to slash its carbon footprint by making a strategic investment in Ionada.
PTTEP has hit a trifecta of oil and gas discoveries offshore Malaysia, which support a cluster development approach.
U.S.-headquartered research and service company TDI-Brooks has completed a 2D high-resolution seismic program off the East Coast of Trinidad for Perenco T&T Limited. The company’s research vessel PROTEUS operated geophysical survey equipment such as 2DHR seismic, side scan sonar, magnetometer, sub-b
Longboat JAPEX Norge has sold partial interests in two exploration licenses on the Norwegian Continental Shelf (NCS) to Norway’s Concedo.
Afentra has tucked the acquisition of interests in two blocks offshore Angola under its belt after wrapping the transaction with Sonangol.
Italian cabling giant Prysmian has secured a contract worth over €100 million with Brazil’s state-owned oil and gas giant Petrobras for the provision of umbilicals and steel tube. Under the contract, Prysmian will deliver 170 kilometers of deep-water electro-hydraulic umbilicals and the related spec
Stena Drilling has welcomed the award of DNV’s Abate (P) notation, which now adorns one of its drillships.
Chinese shipping major COSCO Shipping and global oil giant bp inked a Memorandum of Understanding (MoU) of strategic cooperation at Marintec in Shanghai. The strategic cooperation memorandum outlines plans to expand the scope of collaboration, exploring new avenues for cooperation. Key areas of focu
BP has started drilling the first well from its operated Azeri Central East (ACE) platform in the Caspian Sea off the coast of Azerbaijan.
Europe’s shipping investor Hayfin Capital Management has completed a fundraising process for its Maritime Yield strategy, attracting $400m in capital commitments for the fund. With the latest financing round, Hayfin will have the capacity to acquire up to $1bn of shipping assets when coupled with co
ExxonMobil and Chevron have disclosed their capital investment expectations, encompassing oil and gas plays along with emission-reduction solutions.
Norwegian diving contractor SubseaPartner has won a contract to deliver a new diver launch and recovery system in the North Sea for Vår Energi. SubseaPartner said it was awarded a substantial contract by Ocean Installer for the 2024 season for end-client Vår Energi as part of the Balder Future Proje
Two Australian energy giants – Woodside and Santos – are contemplating a potential merger to unlock more growth opportunities.
Norwegian seismic company PGS has won an exploration contract in Asia Pacific – a region in which the company sees potential for more proprietary work. The 102-meter-long seismic acquisition vessel Ramform Sovereign is scheduled to mobilize this month for the 3D exploration contract in the Asia Paci
