Eni to sell Indonesian upstream stakes to Pertamina and Medco
Eni has finalised two binding deals to offload minority stakes in upstream Indonesian acreage to Pertamina and Medco. Both transactions involve …
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Oil prices drop as Russia-Ukraine ceasefire talks raise supply expectations
Oil prices fell on Monday 12 October amid hopes that a proposed energy ceasefire between Russia and Ukraine and a …
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EnerMech wins Subsea7 deal for Ginger subsea work in Trinidad and Tobago
UK-based oilfield services provider EnerMech has secured a contract from Subsea7 to provide pre-commissioning services for the Ginger subsea development …
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Shell to acquire 30% stake in Equinor’s Bay du Nord project
Shell has agreed to acquire a 30% interest in the Bay du Nord project, an offshore oil development in the …
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Eni CCUS Holding completes Douglas CCS installation in UK
Eni CCUS Holding, a joint venture owned by Eni and Global Infrastructure Partners, part of BlackRock, has completed the offshore …
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Devon Energy to sell Eagle Ford assets to Crescent for $4.2bn
Devon Energy has signed a definitive agreement to divest its Eagle Ford assets to Crescent Energy Company for $4.2bn in …
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SLB signs 15-year digital drilling contract with TotalEnergies
SLB has entered into a 15-year agreement with TotalEnergies to provide its DrillPlan coherent well planning and engineering solutions. The contract …
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Equinor finds gas at Gullfaks South field in North Sea
Equinor and its partners have discovered gas at the Gullfaks South field in the Norwegian North Sea, around 190km north-west …
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Wärtsilä wins five-year LNG carrier support deal with TMS
Finnish technology group Wärtsilä has entered into a five-year maintenance and support agreement with Greece-based TMS Cardiff Gas covering two …
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Equinor raises Snøhvit Future cost forecast to $2.7bn
Equinor has increased the investment forecast for its Snøhvit Future development in Norway to $2.7bn (Nkr26.5bn) in 2026 value, the …
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Valaris secures $220m in contract awards and extensions
Offshore drilling contractor Valaris has reported new contract awards and extensions amounting to an estimated $220m in contract backlog since …
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PCEC, PDVSA agree to revive Venezuela’s Delta and Cabimas fields
The Pacific Coast Energy Company (PCEC) has entered into agreements with Petróleos de Venezuela (PDVSA) to manage and develop oilfields …
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KBR to deliver engineering services for Aramco’s Marjan field
KBR has received a contract from Aramco to provide engineering and project execution services for upgrades at the Marjan offshore …
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Next-generation geothermal: borrowing oil and gas tech for the data centre boom
As Big Tech pushes forward with new data centres, there is a growing need for reliable, clean power. Geothermal has …
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Energy Transfer to buy Vaquero Midstream for $2.6bn
US-based Energy Transfer has signed an agreement to acquire Delaware Basin midstream operator Vaquero Midstream in a transaction valued at …
