Africa to drive global upcoming liquid storage capacity additions by 2030
In Africa, increasing demand for petroleum products, growing oil production, expanding energy trade, and increasing demand for storage infrastructure are …
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Sri Lanka invites explorers to assess four Mannar Basin blocks
The Sri Lankan Government, through the Petroleum Development Authority of Sri Lanka (PDASL), has invited qualified energy companies to assess …
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Borr Drilling to sell 51% stake in Perfomex to Mexican partner
Borr Drilling has signed definitive agreements to sell its 51% equity interest in the Mexican well services joint venture (JV) …
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TotalEnergies and Mistral launch oil and gas AI partnership
TotalEnergies has entered into a three-year partnership with French AI company Mistral to develop AI models for oil and gas …
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Halliburton wins well services contract for Eni’s Cronos project
Halliburton has been awarded a contract by Eni to provide a bundled package of well construction and completions services for …
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Asia to spearhead global upcoming liquid storage growth additions by 2030
Asia is set to lead the global liquids storage capacity additions during 2026 to 2030, supported by a strong pipeline …
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Santos agrees LNG arrangements with POSCO and Ksi Lisims
Santos has agreed to two separate non-binding liquefied natural gas (LNG) arrangements covering supply to POSCO Steel and purchases from …
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Wood secures $200m contract from ExxonMobil for PNG LNG project
Wood has secured a $200m (£148.37m) contract from ExxonMobil PNG to deliver construction services for the PNG LNG project in …
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Saipem wins $350m offshore contract from Azule Energy Angola
Saipem has secured an offshore contract in Angola valued at around $350m (€303.38m) from Azule Energy Angola, a joint venture …
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Two months to go: get your ticket for OEEC 2026
The countdown to Offshore Energy Exhibition & Conference (OEEC) 2026 is on. On 24 and 25 November, the international offshore …
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Avenrock Energy to purchase Parallax Energy Operating in Alberta
Avenrock Energy, a new energy company launched in Canada by Carlyle, has agreed to acquire Parallax Energy Operating from Carnelian …
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Energy Holdings plans $1bn combination with Ventura Offshore
SED Energy Holdings (referred to as Energy Holdings) and Ventura Offshore have signed a letter of intent (LoI) for an …
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Europe needs to stress-test the infrastructure behind its emergency oil supply
In June 2025, the European Commission (EC) concluded that the Adria pipeline had sufficient capacity to cover the entire demand …
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Oil prices poised to end week above $100 for first time since May
Oil prices declined on Friday 11 September but remained set to end the week over $100 per barrel (bbl), marking …
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TotalEnergies makes new oil discovery in Angola’s Block 17
TotalEnergies has announced the Acacia-5 oil discovery in Block 17 offshore Angola and plans to bring the new field into …
