
OMV Petrom has struck a deal with NewMed Energy for the transfer of a partial stake in an offshore block in Bulgaria’s part of the Black Sea, enabling the latter to join the upcoming exploration activities in search for more hydrocarbons.

Petrobras has kicked off the opportunity disclosure stage for the sale of its working interest in a producing shallow water field in the Sergipe-Alagoas Basin off the coast of Brazil.

Salunda has secured its first installation of its patented zone monitoring technology in Australia and the wider Asia Pacific (APAC) region, thanks to a deal to deploy its zone monitoring solution on one of Transocean’s rigs working in Australian waters.

BP is moving forward with activities required to bring on stream a subsea gas development project offshore Trinidad and Tobago.

Valeura Energy has achieved an oil production boost, following a five-well infill drilling program at a field off the coast of Thailand. Encouraged by these results, the firm has prolonged the assignment for one of Borr Drilling’s jack-up rigs, which undertook these drilling operations, thus, the mo

OLT Offshore LNG Toscana, controlled by Snam and Igneo Infrastructure Partners, has brought its floating storage and regasification unit (FSRU) back to its post off the coast of Livorno.

QatarEnergy is enlarging its portfolio of assets in the Orange Basin, thanks to a deal with France’s energy giant TotalEnergies, which will enable it to acquire additional interests in two blocks located about 300 kilometers off the coast of Namibia.

Saipem has won a new offshore assignment with BP for work on an Asian integrated project’s offshore facilities for natural gas production and transportation alongside carbon capture, utilization, and storage (CCUS).

Israel’s Navitas Petroleum has postponed a final investment decision (FID) for its giant Sea Lion oil project in the North Falkland Basin (NFB), bumping it to next year for Phase 1, following the cost hike to $1.4 billion.

Eni has made inroads in bringing its new floating liquefied natural gas (FLNG) unit to life in line with its start-up timeline, thus, the unit is still slated to come into operation mode in the fourth quarter of 2025 at the Italian player’s LNG project off the coast of Congo, Africa.

Seatrium has joined forces with India’s Cochin Shipyard to bring to life mobile offshore drilling units (MODUs), which will be designed specifically to meet the needs of the Indian offshore oil and gas market.

China-headquartered Fulan Offshore has crossed the finish line at an oilfield project in the Bohai Sea with one of its cable laying barges (CLBs), which previously worked on multiple offshore wind projects.

Prysmian is hard at work at its factory in Norway to provide cables for two oil and gas development projects in the North Sea, off the coast of Norway. Thanks to these projects, the Italian player’s headcount has gone up.

ConocoPhillips has brought a compatriot oil and gas company into its fold by wrapping up the multibillion-dollar business combination with Marathon Oil Corporation.