Ithaca Energy, a North Sea oil and gas operator and producer, has expanded its upstream portfolio with the acquisition of JAPEX UK E&P (JUK) from Japan Petroleum Exploration (JAPEX).
Perenco has pinpointed a new production sharing contract (PSC) for an offshore block as a stepping stone toward a final investment decision (FID) for the development of a gas and condensate field off the coast of Vietnam, Southeast Asia.
Brazilian energy player Brava Energia has registered an increase in output from its assets offshore Brazil.
China Petroleum & Chemical Corporation (Sinopec), together with Shandong Province and Qingdao Municipality, has commenced operations of China’s first commercial floating offshore photovoltaic (PV) project in a full-seawater environment. According to Sinopec, the project integrates a previously inst
According to representatives from the Chilean research team, scale model testing of the Lafquenewen wave energy converter (WEC) has been completed at the FloWave Ocean Energy Research Facility at the University of Edinburgh, marking a notable step toward marine energy deployment off the coast of Leb
Longitude Engineering, part of Oslo-listed energy, marine, and engineering consultancy ABL Group, has been hired to handle detailed engineering and project management services for a Shell-operated gas project in the West Delta Deep Marine (WDDM) concession off the coast of Egypt.
ConocoPhillips has confirmed its timeframe for the commencement of drilling activities in the Otway Basin, which will enable one of Transocean’s rigs to embark on a two-well gas exploration campaign off the coast of Australia.
Australia-based petroleum exploration company Pancontinental Energy has revealed the results of two studies exploring hydrocarbon properties of a petroleum exploration license (PEL) it operates in the Orange Basin, offshore Namibia.
Borr Drilling, an offshore drilling player, has secured a batch of deals for four jack-up rigs in the Middle East, Southeast Asia, and North America.
NEXTCHEM has been awarded about €210 million basic engineering and critical proprietary equipment supply contract for the low-carbon methanol project, Pacifico Mexinol, located in Sinaloa, Mexico.
DNO has got its hands on an offtake agreement with France’s ENGIE for its Norwegian gas production and a related offtake financing facility with a U.S. bank.
Innovex International, a Houston-based provider of products and technologies to the oil & gas industry, established in 2024 by the merger of Dril-Quip and Innovex Downhole Solutions, has completed the divestment of its Subsea Tree product line to compatriot Trendsetter Engineering in an all-cash tra
Velesto Drilling, a subsidiary of Velesto Energy, has won a new multi-well drilling assignment for one of its jack-up rigs off the coast of Malaysia, Southeast Asia.
Dutch-Norwegian firm SolarDuck has completed a test campaign at the Maritime Research Institute Netherlands (MARIN), involving 54 interconnected offshore floating solar platforms, with a real-world capacity of approximately 6 MWp (megawatt peak). According to SolarDuck, this marks the company’s thi
