Latest News
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17 Sep 25
Brazil: Baker Hughes secures multi-year contract with Petrobras for offshore stimulation vessels
Baker Hughes has announced a multi-year agreement with Petrobras to extend the deployment of the Blue Marlin and Blue Orca stimulation vessels, supporting optimization of offshore oil and gas production in Brazil’s post and pre-salt fields. -
17 Sep 25
XRG-led Consortium concludes discussions with Santos
The XRG-led Consortium has withdrawn its indicative offer and will not proceed with a binding offer for Santos. While the Consortium maintains a positive view of the Santos business, a combination of factors, when considered collectively, have impacted the Consortium’s assessment of its indicative offer. -
17 Sep 25
Liberia: TotalEnergies awarded four offshore exploration permits
TotalEnergies has signed four Production Sharing Contracts (PSC) for the LB-6, LB-11, LB-17 and LB-29 Exploration blocks offshore Liberia, which were awarded following the 2024 Direct Negotiation Licensing Round organized by the Liberia Petroleum Regulatory Agency. -
17 Sep 25
UK: Hibiscus Petroleum commences drilling at Teal West Development
Hibiscus Petroleum has announced that the Shelf Drilling Fortress jack-up rig, prepared and mobilised from Invergordon, Scotland on 8 September 2025. It has successfully been positioned at site and spudded a new well at the Teal West field on the 14 September 2025, located 4 km from the Anasuria Floating, Production, Storage and Offloading ('FPSO') facility. -
17 Sep 25
1PointFive and NYK announce Carbon Removal Agreement
1PointFive, a carbon capture, utilization and sequestration (CCUS) company announced today that Nippon Yusen Kabushiki Kaisha (NYK), one of the world’s largest shipping companies based in Japan, purchased carbon dioxide removal (CDR) credits that will be enabled by 1PointFive’s Direct Air Capture (DAC) technology. -
17 Sep 25
Singapore: ABB to power Singapore’s first floating LNG terminal
Hanwha Ocean, one of the leading shipbuilders in South Korea, has awarded ABB the contract to supply a complete electric power and propulsion system for Singapore’s first floating liquefied natural gas (LNG) terminal. -
17 Sep 25
Brazil: Weatherford announces Tubular Running Services contract award with Petrobras
Weatherford International has been awarded a three-year, $147 million contract by Petrobras to deliver Tubular Running Services (TRS) in Brazil. -
17 Sep 25
US: Full steam ahead for Woodside Louisiana LNG
Woodside Energy today celebrated the rapid progress in developing the $17.5 billion Louisiana LNG Project at a groundbreaking ceremony attended by leaders from the local community and state and federal governments. -
17 Sep 25
UK: Clean energy and jobs from publicly-owned Great British Energy
Energy Secretary Ed Miliband has set out his vision for Great British Energy, detailing his expectations for how the UK’s publicly-owned clean power company will deliver on the government’s clean energy superpower mission – that will take back control of Britain’s energy supply to protect billpayers from global fossil fuel price spikes. -
17 Sep 25
Geoteric and PETRONAS Carigali sign landmark agreement to strengthen strategic partnership
Geoteric, a world leader in AI-driven (Artificial Intelligence) seismic interpretation software and PETRONAS Carigali, a wholly-owned subsidiary of PETRONAS, have signed a landmark agreement to strengthen their strategic partnership. -
17 Sep 25
Ecuador: Nordex Group enters Ecuadorian market with first order for 112 MW wind project
The Nordex Group has secured a first order from Ecuador. A project developer has placed an order for 19 N149/5.X turbines for a wind farm located in the southern part of the country. -
17 Sep 25
Capsol Technologies awarded first carbon capture study for a European metal production plant
Capsol Technologies, a leading provider of carbon capture technology, has been awarded a engineering study evaluating the use of CapsolEoP® (End-of-Pipe) at a European metal production plant – broadening its addressable market with another carbon-intensive sector. -
17 Sep 25
Italy: Zenith Energy acquires solar energy project in Italy
Zenith Energy has announced the signing of an agreement to acquire a solar energy development project located in the Puglia region of Italy by its wholly-owned Italian subsidiary created to manage its solar energy portfolio, WESOLAR. -
17 Sep 25
Spain: Prospex Energy announces Viura field update
Prospex Energy has been advised by the operator of the Viura field, HEYCO Energia Iberia, that the resumption of production following the completion of the workover of the Viura-1B well, in the Viura gas field in northern Spain, has been delayed owing to an unforeseen event during the well testing. -
17 Sep 25
Suriname: Staatsolie plans to conduct a seismic survey in the Shallow Offshore area, offshore Suriname
Staatsolie plans to conduct a seismic survey in the Shallow Offshore area, offshore Suriname. This area, covering approx. 2,000 sq km, is located off the coast of Saramacca and Coronie at a water depth of 20 to 50 meters. The purpose of this survey is to collect data for the assessment of potential oil and gas reserves. -
17 Sep 25
Indonesia: MedcoEnergi enhances core South Sumatra footprint
Medco Energi has agreed to acquire a 45% operating interest in the Sakakemang PSC and an 80% operating interest in the South Sakakemang PSC located in South Sumatra, Indonesia.
