
Equinor has struck a value-neutral asset swap deal with Petoro, a compatriot player, to harmonize equity interests on the Norwegian Continental Shelf (NCS).

Petronas has penned a new production sharing contract (PSC) and prolonged an existing one off the coast of Indonesia to assist the country in bringing more hydrocarbons to the surface.

Petrobras is laying the groundwork to put 14 new floating production, storage, and offloading (FPSO) vessels into production mode over the next five years.

Australian energy giant Woodside Energy has awarded TechnipFMC with an integrated engineering, procurement, construction, and installation (iEPCI) contract to support ongoing production from an LNG project in Australia. Under the contract described as “significant”, TechnipFMC will design, manufactu

PGNiG Upstream Norway has received consent to deploy one of the Odfjell Drilling-managed rigs for exploration activities in the Norwegian Sea.

ADNOC Drilling has got a hold of a $1.7 billion contract to unlock the country’s unconventional oil and gas resources.

Energiaren Euskal Erakundea / Ente Vasco de la Energía (EVE) has promoted an investment support program for the demonstration and validation of emerging marine renewable energy technologies that is open for applications until June 19, 2024.

BP has wrapped up planned maintenance works at one of the platforms at its giant oilfield in the Caspian Sea off the coast of Azerbaijan earlier than expected.

Cepsa has chosen thyssenkrupp nucera as the preferred supplier of a 300-megawatt (MW) electrolyzer for the company’s green hydrogen plant in Huelva, Spain.

Abu Dhabi-headquartered energy company Mubadala Energy has made a new gas discovery offshore North Sumatra, Indonesia.

Subsea Integration Alliance, a strategic alliance between OneSubsea and Subsea7, has secured a contract deemed as “large” with the Turkish Petroleum Offshore Technology Center (TP-OTC) for a natural gas project in the Black Sea in Türkiye. An initial contract was awarded in May 2023 to a consortium

North Sea Transition Authority has spotlighted up to £3 billion ($3.76 bln) of emissions reduction schemes proposed by North Sea companies.

QatarEnergy has sealed a deal with ExxonMobil, a U.S.-headquartered energy giant, to enter two exploration blocks off the coast of Egypt.

Shell has made a multi-million bet on a project testing hydrogen in diesel engines on marine vessels, such as drilling rigs and tankers, to curb greenhouse gas (GHG) emissions.