exclusiveSole bidder set to win $500 million-plus Petrobras well intervention contract State-controlled player chartering specialised vessel for multiple campaigns offshore Brazil
financeEni agrees to merge UK upstream assets with Ithaca Energy Combined entity will produce 100,000 boepd from the UK Continental Shelf
field developmentNorwegian chief points to the increase in size and scope of subsea projectsTie-back distances of 50 kilometres and development of large fields are becoming likely
field developmentEgypt duo set to invest $1.3 billion to tap gas offshore MauritaniaTaqa Arabia-Go Gas consortium plans to bring long-dormant Banda gas field on stream in 2027
politicsTop UK producer issues strong reminder about politicians 'killing off' investmentSerica Energy says the most troubling developments in 2023 and 2024 were caused by politicians
field developmentCNOOC Ltd readies new FPSO for South China Sea as old vessel released for scrappingThe Chinese operator is commissioning a cylindrical floater to replace the retiring Nanhai Shengli
financeInternational operators reportedly seeking stakes in multibillion-dollar Adnoc gas facility Shell, TotalEnergies and Mitsui angling to be part-owners in 9.6 million tpa Ruwais liquefaction project
financeEni’s profits halve in first quarter but in line with analysts predictionsLower gas prices affected earnings after strong performance of gas and LNG division last year
peopleAustralian operator accelerates job cuts, one-fifth of employees will be out of work before month-end30% of Beach Energy's workforce being shown the door
financeAker BP generates strong cash flow to help pay for huge project portfolioCompany is developing fields with a combined resource of 800 million boe net to Aker BP
productionTotalEnergies shuffles its offshore Congo-Brazzaville portfolioFrench supermajor increases stake in Moho offshore Congo, plans exploration well in coming months
hydrogenCIMC Raffles to revamp flotel as hydrogen production hubShandong yard partners with industry giants to pioneer China’s first offshore mobile green hydrogen project