Against the backdrop of supply chain challenges, elevated prices, trade wars, and geopolitical and economic pressures, four oilfield services giants – Italy’s Saipem and U.S.-headquartered Baker Hughes, Halliburton, and SLB – have reported a combined profit of $1.49 billion in the first quarter of 2
Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four liquefied natural gas (LNG) terminals, is closing in on the start-up of Germany’s second terminal in Wilhelmshaven.
Australia’s energy giant Woodside Energy has signed a non-binding collaboration agreement with Saudi Arabia’s energy heavyweight Aramco to explore global opportunities.
Energos Infrastructure has landed a long-term deal for liquefied natural gas (LNG) services, which will enable its floating storage and regasification unit (FSRU) to work in the Dominican Republic, North America.
Canada-based oil and gas company Valeura Energy has taken a final investment decision (FID) on the development of its 100%-owned field offshore the Gulf of Thailand.
U.S.-headquartered technology player SLB has launched Electris, a portfolio of digitally enabled electric well completions technologies designed to increase production and recovery while lowering the total cost of ownership. According to SLB, the Electris system enables digital control of the full p
Italy’s energy giant Eni has brought online a natural gas field as a subsea tie-back to its floating production unit (FPU) in the Kutei Basin off the coast of Indonesia.
Equinor Low Carbon Solutions, a subsidiary of Norway’s state-owned energy giant Equinor, has drilled two appraisal wells in the Norwegian sector of the North Sea, which are said to possess suitable properties for the injection and storage of carbon dioxide (CO2).
U.S. offshore engineering and construction player McDermott has completed its portion of work on the floating production unit (FPU) to be deployed at a project off Western Australia spearheaded by Australian energy giant Woodside Energy.
Transocean, Noble Corporation, Valaris, Seadrill, Shelf Drilling, and ADES have reported a combined total backlog of $31.17 billion in the first quarter of 2025.
Singapore’s shipbuilder Strategic Marine has delivered the second fast crew boat (FCB) with hybrid propulsion to Malaysia’s offshore vessel operator Centus Marine.
Aker BP has secured drilling permits for three exploration wells in the North Sea off the coast of Norway, which will be drilled this month with a semi-submersible rig owned by Odfjell Drilling, an offshore drilling contractor.
Shelf Drilling (SHLF) has shed more light on the latest developments across its rig fleet, confirming the arrival of two jack-ups in West Africa and the start of drilling work in Norwegian waters for another unit.
Saudi Arabia’s energy heavyweight Aramco has handed out a multi-year agreement extension for five offshore drilling jack-up rigs to ARO Drilling, its 50/50 joint venture with Valaris.
