Upstream Oil & Gas

Swiss technology group strengthens offering with purchase of another subsea business

As part of its long-term strategy to build an integrated portfolio of technologies and engineering capabilities for the subsea market, Swiss technology group Rosenxt...

Serica Energy wins race for Pharos Energy with €170 million takeover agreement

UK-based upstream oil & gas player Serica Energy has agreed to acquire compatriot Pharos Energy for £145.7 million (more than €170 million), with Pharos...

Eni strengthens team for Côte d’Ivoire project with Saipem now on boar

Italy’s energy giant Eni has continued its contract awards spree for the third phase of its oil & gas development project off the coast...

Saipem-Subsea7 merger under the microscope as EU flags competition concerns

A proposed merger between Italy’s engineering, drilling, and construction services giant Saipem and the Luxembourg-domiciled Subsea7 is facing deeper scrutiny in the European Union (EU)...

Inside Nigeria’s seven-hour transparency test

After years of opaque allocations, Nigeria’s latest seven‑hour oil block bidding saw 31 winners from 143 bidders, but doubts over transparency and capacity persist...

Expro eyeing market growth after broadening drilling tech offering with acquisition of Norwegian firm

U.S.-headquartered energy services provider Expro has brought Enhanced Well Technologies Group (Enhanced Drilling) into its fold, extending its drilling technology capabilities. Expro has completed the acquisition...

Gasunie launches tender for 10-year offshore wind PPA in Netherlands

Dutch gas infrastructure company Gasunie has launched a public tender seeking a long-term power purchase agreement (PPA) from a new-build offshore wind farm as...

Harbour Energy’s US arm advances repair plan after riser leak at Gulf of America oil & gas asset

U.S.-headquartered LLOG Exploration, a subsidiary of Harbour Energy, has seen a drop in output at its asset in the Gulf of America (U.S. Gulf...

FPSO efficiency at Brazilian oil field surpasses target range to hit 97%

Karoon Energy, an ASX-listed oil and gas exploration and production company, has confirmed an uptick in operating efficiency at a floating production, storage, and offloading...

Var Energi to Acquire BlueNord

VÃ¥r Energi ASA and BlueNord ASA on Tuesday announced a merger that they said would create Europe's biggest independent oil and gas producer. VÃ¥r Energi,...

$6.2-billion FID enables ADNOC, TotalEnergies, Eni, and CNPC to unleash more gas

ADNOC Offshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), and its partners – France’s TotalEnergies, Italy’s Eni, and China National Petroleum Corporation...

$260 million drilling job with Eni takes Saipem’s drillship back to Côte d’Ivoire

Italy’s engineering, drilling, and construction services giant Saipem has picked up a multimillion-dollar assignment in African waters for one of its drillships, enabling the...

ABL on FSO installation duty for Papua New Guinea’s first offshore floating facility

Energy and marine consultancy ABL, part of Oslo-listed global consultancy group Aqualis, has landed a new installation job with Oil Search (PNG), a subsidiary of...

Chevron books Velesto’s 2015-built rig on multimillion-dollar gig in Southeast Asia

Velesto Drilling, a wholly-owned subsidiary of Malaysia’s Velesto Energy, owner of premium jack-up rigs, has secured a deal to provide a jack-up rig for...

Southeast Asian infill drilling campaign yields oil uptick with two wells now online

AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has achieved a production boost at its field off the coast of Malaysia by bringing...

NKT Eleonora departs Romania for Norway as construction progresses

NKT’s new cable-laying vessel (CLV) NKT Eleonora, which will be able to run on both methanol and HVO/marine diesel oil, is on its way from Romania...

Black Sea platform slides into place at Europe’s €4-billion offshore gas project

After both the jacket and the topsides were manufactured by Saipem at its shipyards in Arbatax (Italy) and Karimun (Indonesia), respectively, the Neptun Alpha...

2015-built jack-up on the lookout for future drilling jobs, as rig deal gets scrapped

Malaysia’s Velesto Energy, owner of premium jack-up rigs, has unveiled the termination of a contract for a jack-up rig currently working in Malaysian waters, Southeast...

UK’s offshore energy seeks North Sea oil & gas policy U-turn to unlock multi-billion investments

Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has emphasized the importance of a policy reset for the North Sea oil and...

CB&I staying on at North Sea platform to support EnQuest with UK asset’s end of life scope

CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has...

Most Read