MET International, the trading and wholesale arm of Swiss-based integrated energy company MET Group, and UK-headquartered energy giant Shell have struck a long-term liquefied natural gas (LNG) agreement to strengthen Europe’s energy security with LNG sourced from the United States (U.S.).
Germany and the United Arab Emirates are stepping up energy cooperation, with German power producer RWE joining Abu Dhabi clean-energy firm Masdar and oil and gas giant ADNOC to pursue plans spanning more than €3 billion in potential offshore wind investment and advancing talks on long-term liquefie
Fulkrum, a London-headquartered technical services company providing inspection, expediting, auditing and technical staffing solutions to energy and industrial projects, has landed an inspection services contract with Vår Energi, an independent oil and gas operator on the Norwegian Continental Shelf
The Norwegian Ministry of Energy has received applications from 21 companies showing interest in new exploration areas on the Norwegian Continental Shelf (NCS) as part of this year’s Awards in predefined areas (APA) licensing round. APA 2026 was announced on May 5, with applications closing on Septe
TotalEnergies has reported a new discovery on Block 17 offshore Angola, made in June, with first oil to be achieved three months later through a fast-track development. The Acacia-5 discovery will increase Block 17 production by 6,000 barrels per day, with first oil to be fast-tracked by leveraging
Odfjell Drilling has signed a letter of award (LOA) with Vår Energi for a 2019-built semi-submersible rig that it purchased at the end of 2025, extending the unit’s firm contract backlog until Q1 2031. The scope of work awarded for Deepsea Bergen includes a period of three years, starting in early 2
South Korea’s Hanwha Ocean has secured a basic design review (BDR) certification from ABS for a standardized floating production, storage and offloading (FPSO) design developed for the South American and West African deepwater market, as well as related sustainability reviews. The review included th
Mumbai-headquartered L&T Energy Hydrocarbon Offshore (LTEH Offshore), a Larsen & Toubro business, has secured an order from India’s government-owned energy company Oil and Natural Gas Corporation (ONGC) for the additional development of a project off India’s west coast. LTEH Offshore’s scope covers
Shearwater Geoservices and SLB have launched a 3D multi-client seismic survey offshore Amapá in Brazil, said to address critical data needs as exploration interest grows following Petrobras’ Morpho hydrocarbon discovery. The survey area is located approximately 130 kilometers from the Morpho well in
U.S. offshore engineering and construction player McDermott has secured its first subsea contract with Eni for the first gas development in Cyprus. Operated by Eni and located in deep offshore waters approximately 185 kilometers southwest of the coast of Cyprus, in offshore Block 6, Cronos was disco
Saipem has secured a new contract with GOE Petrol Sanayi to provide commissioning services for a floating production unit (FPU) destined for Türkiye’s largest natural gas field. Saipem’s scope of work for the Osman Gazi FPU, intended for the development of the Sakarya gas field in the Turkish Black
Brazilian deepwater offshore drilling contractor Ventura Offshore has expanded its managed fleet by adding Eldorado Drilling’s seventh-generation drillship to its rig pool. The firm has also secured a multimillion-dollar assignment with Malaysia’s state-owned oil and gas heavyweight Petronas for a d
The Vertical Corridor is expanding into the Western Balkans, with North Macedonia and Serbia joining the regional gas initiative in a move set to strengthen energy diversification, cross-border connectivity, and security of supply from Greece to markets across Southeast and Central Europe.
Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, has awarded SLB OneSubsea with a contract for the supply of controls umbilicals for a project offshore Angola. The West Hub Tails project, part of the Integrated West Hub (IWH) development in Block 15/06, includes the redirection of
