Following contracts awarded to Saipem and TechnipFMC, Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, has selected Baker Hughes to deliver subsea production systems for its ultra-deepwater development in Angola. The Greater PAJ project is described as Angola’s first integrated cro
Perenco Vietnam, part of Anglo-French oil and gas player Perenco, has inked a gas sales and purchase agreement (GSPA) for a project off the coast of Vietnam, Southeast Asia.
UK-headquartered energy giant BP has joined forces with India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC) to bolster hydrocarbon output in the Western Offshore Basin (Arabian Sea), seen as India’s “most prolific” offshore hydrocarbon region.
Norway’s oil and gas player Vår Energi is setting the wheels in motion to bring subsea tie-back development projects in the North Sea to life, in a bid to bolster the oil production arsenal on the Norwegian Continental Shelf (NCS).
Italy’s engineering, drilling, and construction services giant Saipem is divesting its shareholding in Saudi Arabian Saipem (SAS) to close its shallow water drilling chapter in Saudi Arabia, as it continues its shift to deepwater plays. This move enables ADES Holding Company, part of Saudi Arabia-he
Brazil’s state-owned energy giant Petrobras has signed on the dotted line to look into establishing a collaboration with Mexico’s state-owned petroleum heavyweight Petróleos Mexicanos (Pemex) in the hydrocarbon realm.
AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has made inroads in its infill drilling campaign off the coast of Malaysia by putting the first well into production mode, with the second one already drilled and activities at the third now underway.
Saipem has started operations for Suriname’s first large-scale offshore oil development, operated by TotalEnergies, as part of its subsea umbilicals, risers and flowlines (SURF) contract awarded in 2024. Saipem is in charge of the engineering, procurement, supply, construction, installation, pre-com
Sinolam International, a Singapore-based investment company focused on oil, gas, and power investments in emerging markets in Asia and Latin America, has confirmed the formation of an independent tribunal in an arbitration case related to the cancelation of permits for a gas-to-power development in
Houston-headquartered oil & gas company Murphy Oil has made an oil discovery at the Bubale-1X exploration well in Block CI-709, located approximately 64 kilometers offshore Côte d’Ivoire. The Bubale-1X well was drilled to a total depth of 6,263 meters in 2,376 meters of water and encountered 30 mete
Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, has awarded Saipem and TechnipFMC with contracts for an ultra-deepwater development in Angola, following the announcement of the final investment decision (FID). Eni reported on June 22 that the FID had been reached for the Greater P
West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas firm Conrad Asia Energy, has awarded PT PAL Indonesia with an engineering, procurement, construction and transport contract for the conductor support frame (CSF) for its natural gas field in th
An appraisal well drilled by Norway’s oil & gas player Wellesley Petroleum and its partners offshore Norway has confirmed gas/condensate discovery in the North Sea. The well 35/10 16 S is the third well drilled in production license 1148, which is valid from March 11, 2022, up to the same date in 20
Denmark-headquartered power cable manufacturer and installation player NKT, alongside other players breathing life into an underwater high-voltage direct current (HVDC) cable project between the U.S. and Canada, has participated in the launch of the cross-border transmission development, which opens
