
Australian energy giant Woodside has signed a $1 billion loan agreement with the Japan Bank for International Cooperation (JBIC) to fund its giant gas project off the coast of Western Australia. The loan agreement, executed in Tokyo, Japan, between Woodside CEO Meg O’Neill and JBIC Deputy Governor K

Norwegian oil and gas players Aker BP and Vår Energi have respectively drilled two wells in the North Sea and Barents Sea that turned out to be dry. Aker BP drilled the dry well 24/6-5 Alvheim Deep in the North Sea in production license 203, awarded in 1996, representing the eleventh exploration wel

Subsea7 has secured a contract worth over $1.25 billion with Brazil’s state-owned oil and gas giant Petrobras for a field located at 2,000 meters of water depth offshore Brazil. Under the contract defined as “super-major”, Subsea7 will perform engineering, procurement, fabrication, installation, and

Report: Over 60 international banks have been keeping the fossil fuel players in business by footing the bill for their further expansion rather than cutting off the purse strings.

Noble Corporation has landed a new assignment for one of its harsh environment jack-up rigs with Harbour Energy.

Fertiglobe has awarded a construction contract to Tecnimont for TA’ZIZ’s low-carbon ammonia production facility in Abu Dhabi.

Sonatrach has strengthened natural gas ties with Slovenia, thanks to an agreement with Geoplin.

Subsea cables are expected to remain at the heart of further energy transition moves, according to JDR Cable Systems.

TE H2, a joint venture between TotalEnergies and EREN Groupe, together with VERBUND, has signed an MoU with Tunisia to study the implementation of a large green hydrogen project for export to Central Europe through pipelines.

Trillion Energy has set the stage to undertake a two-month work program on a natural gas field in the Black Sea off the coast of Türkiye.

Valeura Energy has kicked off a development drilling campaign at an asset off the coast of Thailand with a jack-up rig owned by Borr Drilling.

Petrobras has welcomed the arrival of a floating production, storage, and offloading (FPSO) vessel from China to Brazilian waters.

Petrobras has hired Seatrium for the supply of two FPSOs, which will be deployed at its fields off the coast of Brazil.

Subsea7 has tucked a new assignment in the UK under its belt, which will enable it to work on the development of a field in the North Sea.