JDR Cable Systems to test umbilical cables in Middle East
Global subsea cable supplier and service provider JDR Cable Systems (JDR), a component of the TFKable Group, has secured a …
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Naftogaz’s Ukrgasvydobuvannya launches new natural gas exploration well
Ukrainian oil and gas company Naftogaz Group's subsidiary Ukrgasvydobuvannya (UGV) has introduced a new high-yield exploration well, bolstering Ukraine's natural …
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Vallourec wins OCTG supply contracts for drilling operations in Iraq
Premium tubular solutions provider Vallourec has won two significant contracts to supply Oil Country Tubular Goods (OCTG) to CNOOC and …
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Vår Energi, TechnipFMC partner for subsea developments in North Sea
Vår Energi has announced a collaboration with TechnipFMC for the delivery of subsea projects in the North Sea using an …
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Energy and insurance industries must move from ‘payout to partnership’
The global energy and insurance industries need to work together to reduce the number of claims being made and meet …
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DEPA Commercial reaches settlement with Gazprom for gas pricing dispute
Greek gas supplier DEPA Commercial has reportedly negotiated an out-of-court settlement with Gazprom over a gas pricing dispute, according to …
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Hess exits Suriname’s offshore Block 59
US-based oil and gas company Hess has announced its decision to relinquish its interest in Block 59 offshore Suriname. The block …
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Businesses at greater risk of cyberattack due to geopolitical tensions
Businesses around the world “will inevitably be affected” by an increase in cyberattacks driven by geopolitical tensions, a new report …
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McDermott wins offshore installation contract in Brazil
Engineering and construction solutions provider McDermott has secured a contract for offshore transportation and installation in Brazil for the Papa-Terra …
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Consumers Energy upgrades 135-mile natural gas pipeline in Michigan
Consumers Energy is working on a summer construction programme to replace 135 miles of century-old cast-iron and steel pipelines across …
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OPEC+ set for September 2025 production boost
The Organization of the Petroleum Exporting Countries and allies, known as OPEC+, is expected to approve a 550,000 barrels per …
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ExxonMobil expects $1.5bn hit to Q2 earnings from lower oil and gas prices
ExxonMobil has forecast a reduction of $1.5bn in its second-quarter (Q2) earnings 2025 due to lower oil and gas prices, …
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Sonatrach and Eni sign $1.35bn 30-year hydrocarbon production deal
Algeria’s national oil and gas company Sonatrach, with its partner Eni, have formalised a 30-year hydrocarbon production sharing contract for …
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BP, Shell and Libya’s NOC link for oilfield exploration and development
Libya's National Oil Corporation (NOC) has agreed with oil companies BP and Shell to conduct hydrocarbon exploration and development studies …
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Kinetics awards seventh FSRU project to Seatrium
Global offshore solution provider Seatrium has secured a contract for a floating storage regasification unit (FSRU) conversion by Kinetics, an …
