Equinor and partners in Åsgard and Mikkel licenses have started the second phase of Åsgard subsea compression in the Norwegian Sea, with the aim to maintain production…

Finder Energy has executed a binding farm-in agreement with joint venture partner Timor Gap to increase the Timor-Leste state oil company’s stake in Production Sharing Contract (PSC) 19-11…

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…

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…

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

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

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…

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…

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

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…

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

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…