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08 Jun 26 |
Indonesia/Malaysia: Eni and PETRONAS officially establish Searah, creating South-East Asia’s leading independent integrated energy company Eni and PETRONAS have announced that Searah, a new 50/50 independent joint venture combining key businesses across Indonesia and Malaysia, has been officially established. Searah brings together the complementary portfolios, capabilities, and regional expertise to deliver long-term value creation and operational excellence across Indonesia and Malaysia. |
08 Jun 26 |
Centrica Energy agrees 10 year gas supply deal with Peyto Exploration & Development Corp. Centrica Energy, the energy trading and optimisation arm of Centrica, has announced the signing of a long-term natural gas purchase agreement with Peyto Exploration & Development Corp., a leading Canadian natural gas producer. |
08 Jun 26 |
Norway: Aker BP increases ownership interest in Johan Sverdrup following redetermination Aker BP and its partners have completed the redetermination process for the Johan Sverdrup Unit. Following the redetermination, Aker BP’s ownership interest will be 31.7163 percent, compared with 31.5733 percent previously. |
08 Jun 26 |
Union Jack Oil signs facility agreement with Egdon Resources UK AIM-listed Union Jack Oil, a UK and USA focused onshore hydrocarbon production, development and exploration company, has announced the signing of a facility agreement with Egdon Resources U.K. through which Egdon has agreed to provide Union Jack with a secured term loan facility of £1,000,000. The Loan will provide the Company with additional working capital for general corporate purposes. |
08 Jun 26 |
Lime Petroleum provides update on strategic review and restructuring process Lime Petroleum Holding has provided an update on the ongoing strategic review and restructuring process. Since its appointment on 10 April 2026, the Board has focused on identifying recoverable values within the group and establishing how maximum value can best be realised in the interest of the Company’s bondholders. |
08 Jun 26 |
PETRONAS and regional partners to advance offshore oil recovery PETRONAS, through Malaysia Petroleum Management (MPM), has signed a Memorandum of Understanding (MoU) with regional Exploration and Production (E&P) operators and University Technology PETRONAS (UTP) to jointly evaluate opportunities for improved and enhanced oil recovery (IOR/EOR) in offshore acreages. |
07 Jun 26 |
Sonardyne, AMOG sign subsea asset monitoring MoU Underwater technology specialist Sonardyne has signed a Memorandum of Understanding (MoU) with international advanced engineering company AMOG to provide a complete subsea asset monitoring service to offshore energy infrastructure operators. |
07 Jun 26 |
Protecting the UK’s offshore energy installations must be a national priority: A perspective from the frontline Protecting the UK’s offshore energy installations must be a national priority: A perspective from the frontline: said Graham Skinner, Health, Safety & Security Policy Manager, OEUK. The UK oil, gas and offshore wind industry operates in some of the most challenging conditions anywhere in the world. Some of it is hundreds of miles offshore in the North Sea and closer to Norway than to the UK mainland. |
