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26 Jul 24
Australia: Seraya portfolio company, Cyan Renewables, acquires Australian vessel operator MMA Offshore
Cyan Renewables, Asia’s leading offshore wind services platform based in Singapore, has announced its acquisition of Australian offshore marine services provider MMA Offshore for A$1.1B (US$702M). The transaction marks the region’s largest take-private deal in the offshore wind energy services industry, strengthening Cyan's position in the Asia Pacific (APAC) region.
26 Jul 24
Transocean provides quarterly Fleet Status Report
Transocean has issued a quarterly Fleet Status Report. The aggregate incremental backlog is approx. $656 million. As of July 24, 2024, the company’s total backlog is approx. $8.8 billion.
26 Jul 24
Eni announces results for the second quarter and half year 2024
Eni has announced its unaudited consolidated results for the second quarter and first half 2024. Eni reports strong production growth and continued upgrading of the E&P portfolio, and consistent performance and growth of its transition businesses: Plenitude and Enilive.
26 Jul 24
88 Energy provides activities report for the quarter ended 30 June 2024
88 Energy has provided a report for the quarter ended 30 June 2024. The Company has secured Stellar Energy Advisors in London to manage the farm-out process to secure a funding partner ahead of potential drilling of the Tiri-1 well in Project Leonis.
25 Jul 24
Helmerich & Payne announces agreement to acquire KCA Deutag
Helmerich & Payne and KCA Deutag International have announced a definitive agreement under which H&P will acquire KCA Deutag for $1.9725 billion in cash.
25 Jul 24
UK: OEUK Conference 2024 - New government can help forge homegrown energy future
The trade body for the offshore energy industry has today announced speakers for the OEUK Conference 2024, which will focus on the UK’s energy future in the wake of the General Election.
25 Jul 24
Karoon Energy announces 2024 second quarter report
Karoon’s 2024 second quarter (NRI) production was 27% lower than the first quarter, primarily due to the three week scheduled maintenance shutdown at Baúna. Nonetheless, revenues increased 8% to US$212.8 million, reflecting the timing of shipments in Brazil as well as higher oil price realisations.
25 Jul 24
TotalEnergies announces second quarter and first half 2024 results
TotalEnergies generated robust financial results in the second quarter, with adjusted net income of $4.7 billion and cash flow of $7.8 billion resulting in first half adjusted net income and cash flow of close to $10 billion and $16 billion, respectively.
24 Jul 24
Proserv completes sponsor-backed MBO and announces employee ownership scheme
Aberdeen/UK-headquartered Proserv has successfully completed a sponsor-backed management buyout (MBO), and is introducing an employee ownership scheme, marking a significant milestone in the company’s 60-year history.
24 Jul 24
Brazil: Archer secures contract worth USD 40 million in Brazil
Archer has been awarded a two-year contract for platform drilling services for Equinor in Brazil. The estimated firm contract value is USD 40 million.
24 Jul 24
SLB to accelerate co-development of AI-driven digital platform for Aker BP
SLB and Aker BP have agreed a long-term partnership to co-develop an AI-driven digital platform for Aker BP to accelerate innovation and deliver substantial efficiency improvements across the company’s E&P operations.



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