Norway oil sector faces potential strike action from 21 June
Norwegian offshore drilling rig workers will strike from 21 June if their annual wage negotiations with employers do not reach …
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TotalEnergies acquires 25% interest in 40 US offshore exploration blocks
TotalEnergies has acquired a 25% working interest in a portfolio of offshore exploration leases in the US from Chevron. The deal …
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Petrobras signs contracts worth $892m for completion of RNEST refinery expansion
Petrobras has signed three contracts worth approximately 4.9bn reais ($892m) with Consag Engenharia to complete construction of Train 2 at …
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Baker Hughes to acquire Continental Disc for $540m
Energy technology company Baker Hughes has announced plans to acquire Continental Disc (CDC), a safety pressure management solutions company, from …
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MEG Energy advises shareholders to reject Strathcona’s $4.42bn takeover bid
Canadian oil producer MEG Energy's Board of Directors has unanimously recommended that shareholders reject Strathcona Resources' unsolicited takeover bid. The bid …
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Mitsubishi eyes $8bn acquisition of Aethon Energy Management
Mitsubishi is reportedly in advanced discussions to acquire the US shale production and pipeline assets of Aethon Energy Management for …
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Cochin Port, OIL partner for exploration support base in India’s Kerala-Konkan basin
The Cochin Port Authority (CoPA) has signed a memorandum of understanding (MoU) with Oil India Limited (OIL) to establish a …
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TotalEnergies acquires blocks in Malaysia and Indonesia
TotalEnergies has acquired interests in several offshore blocks in Malaysia and one block in Indonesia from Petronas. The licences span more …
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China to drive Asia’s liquids storage capacity growth through 2030
Asia is poised to dominate global liquids storage capacity additions, accounting for nearly 60% of the total liquids storage capacity …
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Wood and Tendrill JV secures EPC contract in Brunei
Wood Group, in partnership with Tendrill International, has secured an engineering, procurement and construction (EPC) contract from Brunei Shell Petroleum …
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Perenco Congo invests in new Kombi 2 platform
Perenco Congo has announced an investment in the construction of the Kombi 2 platform to be installed on the Kombi-Likalala-Libondo …
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Iran partially suspends gas production at South Pars field after Israeli strike
Iran has announced a partial suspension of gas production at the South Pars gas field following an Israeli attack that …
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ADNOC leads $18.7bn takeover bid for Australia’s Santos
Santos, an Australian oil and gas producer, has announced the receipt of a non-binding indicative proposal from a consortium led …
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Oceaneering signs offshore vessel services agreement for Gulf of Mexico
Energy services company Oceaneering International’s offshore projects group (OPG) has entered into a vessel services agreement with a major operator …
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DNO completes acquisition of Sval Energi from HitecVision
Norwegian oil and gas operator DNO has completed the acquisition of Sval Energi from HitecVision. The deal, which carries a cash …
