Asia to dominate global polyethylene capacity growth through 2030
Asia is poised to dominate the global polyethylene capacity additions by 2030 to satisfy surging domestic demand across packaging, automotive, …
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BW Energy lands $208m Gabon platform lease and extends RCF
BW Energy has secured $208m in project-level lease financing for the Akoum wellhead platform (WHP) planned for the Bourdon field …
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Technip Energies wins EPC contract for HPCL Mumbai refinery upgrade
Technip Energies has secured an engineering, procurement and construction (EPC) contract from the Hindustan Petroleum Corporation (HPCL) for a refinery …
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Murphy Oil confirms oil pay in Côte d’Ivoire and Vietnam wells
US-based energy company Murphy Oil has disclosed a series of operational advances spanning offshore Côte d'Ivoire, Vietnam and the US …
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Seadrill secures deepwater rig awards across four markets
Offshore drilling contractor Seadrill has secured a series of contract awards and extensions for its deepwater fleet in Indonesia, Malaysia, …
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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 …
