Italy's antitrust regulator has fined energy group Eni and five other oil companies operating in the country for practices restricting fair competition in the sale of fuel for trucks…
Nigeria Greenlights TotalEnergies’ Bonga Oil Field Sale to Shell, Agip
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved a sales purchase agreement (SPA) by TotalEnergies for its entire 12.5% stake in Oil Mining Lease (OML) 118…
India and EU Launch Ideathon on Marine Plastic Litter
The India-EU Ideathon on “Combating Marine Plastic Litter” has been formally launched.The initiative is being organized by the Office of the Principal Scientific Adviser (PSA) to the Government of India in partnership
Uncertainty Reduces New Oil and Gas Investment
Several news items this week highlight the potential consequences of uncertainty in the energy market.Fugro scrapped its annual outlook and announced further job cuts, citing an impact from project delays. The company
DOF Wins Three Short-Term Contracts in Brazil
DOF Group has secured three new short-term contracts in Brazil.A major oil company with significant presence in Brazil has contracted Skandi Salvador and Geoholm…
TechnipFMC Awarded Hammerhead Contract
TechnipFMC has been awarded a substantial ($250-500 million) contract by ExxonMobil Guyana Limited to supply subsea production systems for the Hammerhead development in Guyana’s Stabroek Block…
Marport Launches New Pro NX Sensor Platform
Marport, a leader in catch control and net monitoring technology for commercial fishing, has unveiled its new Marport Pro NX sensor platform. This line of sensors delivers improved performance, usability, and data
Saipem to Merge with Subsea7
Shareholders in Italy's Saipem approved on Thursday a planned merger with Norwegian rival Subsea7, paving the way to the creation of a leading global player in offshore energy services.All the investors attending the meeting, who
Drilling at Suriname's Block 5 to Begin in October
U.S. energy producer Chevron is expected to begin drilling at Suriname's shallow-water Block 5 next month, the country's oil minister, Patrick Brunings, said.'They will be drilling the Kori Kori well…
Strategic Marine Lays Keels For Passenger Fast Ferries Trio For Bintan Resort Ferries
Strategic Marine has laid the keels for a series of three new 43m Passenger Fast Ferries for new client Bintan Resort Ferries at its Singapore yard.The contract for these newbuild vessels establishes
SLB Scores Ultra-Deepwater Job at Petrobras' Fields off Brazil
Global technology company SLB has secured a major contract from Petrobras to provide services and technology for up to 35 ultra-deepwater wells in the strategically important Santos Basin…
BP Pushes Back Peak Oil Demand Forecast by Five Years
BP said on Thursday it expects global oil demand to grow until 2030, five years later than its forecast a year ago, stressing slowed efforts to increase energy efficiency…
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