Upstream Oil & Gas

Petrobras widens its African offshore portfolio with multiple blocks in Côte d’Ivoire

Petrobras Netherlands B.V. (PNBV), a subsidiary of Brazil’s state-owned energy giant Petrobras, has expanded its offshore footprint with exploration blocks located in the Republic...

Expansion move puts US LNG project on path for almost twofold capacity boost

America’s integrated gas and liquefied natural gas (LNG) company Caturus, controlled by the energy-focused alternative investment manager Kimmeridge and supported by investments from Mubadala...

Oil rally lifts Nigeria’s exports as security improves

Crude oil remained Nigeria’s largest single export commodity in the second quarter of 2026, generating N12.91tn and accounting for 47.79 per cent of the...

Shell and MET Group pen new multi-year US LNG supply deal

MET International, the trading and wholesale arm of Swiss-based integrated energy company MET Group, and UK-headquartered energy giant Shell have struck a long-term liquefied...

Germany-UAE energy ties deepen as RWE, Masdar and ADNOC eye LNG supply and €3B offshore wind investment

The cooperation in the offshore wind and LNG markets is enabled by two deals signed on September 11, 2026, during UAE President Sheikh Mohamed...

Shell and MET Group pen new multi-year US LNG supply deal

MET International, the trading and wholesale arm of Swiss-based integrated energy company MET Group, and UK-headquartered energy giant Shell have struck a long-term liquefied...

Saipem-Jan De Nul consortium joins Mozambique’s LNG project

A consortium of Saipem and Jan De Nul has signed a letter of intent (LoI) with ExxonMobil for a liquefied natural gas (LNG) development...

21 companies apply for Norway’s new oil & gas exploration areas

The Norwegian Ministry of Energy has received applications from 21 companies showing interest in new exploration areas on the Norwegian Continental Shelf (NCS) as...

SED Energy Holdings and Ventura Offshore to unite into one

SED Energy Holdings and Ventura Offshore have signed a letter of intent (LoI) for an all-share combination with the aim of creating a larger...

Gennaker Offshore Wind Farm Reaches Financial Close

Skyborn Renewables has reached the financial close for the Gennaker offshore wind farm with over EUR 3 billion secured, advancing the largest offshore wind...

Odfjell Drilling’s new rig busy until 2031 thanks to deal with Vår Energi

Odfjell Drilling has signed a letter of award (LOA) with VÃ¥r Energi for a 2019-built semi-submersible rig that it purchased at the end of...

Italy’s NextGeo to open office in Germany

Italy-headquartered offshore survey specialist Next Geosolutions (NextGeo) is expanding into Germany with a new office to open in Bremen.According to the company, Bremen’s position...

Larsen & Toubro company gets EPCIC order from ONGC

Mumbai-headquartered L&T Energy Hydrocarbon Offshore (LTEH Offshore), a Larsen & Toubro business, has secured an order from India’s government-owned energy company Oil and Natural...

Ghana signs preliminary deal with Shell and Chevron on deepwater oil and gas development

The Government of Ghana, the Ghana National Petroleum Corporation (GNPC) and GNPC Explorco have signed a non-binding memorandum of understanding with Shell Overseas Holdings...

European Commission suspends in-depth review of Saipem–Subsea7 merger

The European Commission has paused its Phase II antitrust investigation into the proposed merger of Italian energy services group Saipem S.p.A. and Luxembourg-based Subsea7...

Massachusetts Invests USD 4.2 Million to Boost Offshore Wind Workforce and Research

The Governor of Massachusetts, Maura Healey, and the Mass Clean Energy Center (MassCEC) have announced USD 4.2 million in funding to 20 projects that...

Dangote upstream arm targets 1.6bn barrels oil

  West Africa Exploration and Production Company, an upstream subsidiary of the Dangote Group, is stepping up efforts to unlock more than 1.6 billion barrels...

Woodside, Pemex eye new Gulf of Mexico deepwater oil & gas exploration opportunities

Australian energy giant Woodside is forging a path with Mexico’s state-owned petroleum heavyweight Petróleos Mexicanos (Pemex) to hunt for potential deepwater hydrocarbon plays in...

Galp, TotalEnergies seal Namibia asset swap and partnership

French energy giant TotalEnergies and Portugal’s Galp have closed a deal that reshuffles their positions across several offshore Namibian blocks, with the former taking...

Real-time ocean data exists. It’s about time the industry uses it

Offshore operations bring together vessel crews, client representatives, contractors, and project teams. Nobody ever disagrees on the goal of the project. The disagreement happens...

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