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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 …
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 …
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 …
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 …
Saipem, Jan De Nul sign LoI for Mozambique Rovuma LNG project

Saipem, in partnership with Jan De Nul, has entered into a letter of intent (LoI) with ExxonMobil Moçambique for a …

Odfjell secures $518m contract for Deepsea Bergen from Vår Energi

Norwegian deepwater driller Odfjell Drilling has received a letter of award (LoA) from Vår Energi for the deployment of the …
Arena Energy set to win nine blocks in Gulf of Mexico Lease Sale BBG3

Arena Energy has been selected as the apparent high bidder for nine Outer Continental Shelf blocks in the Gulf of …
Argent LNG, Albania sign MoU for coastal LNG terminal

Argent LNG and the Albanian Government have signed a non-binding memorandum of understanding (MoU) to jointly evaluate the development of …
Enbridge to buy Tallgrass crude oil transport business for $2.5bn

Enbridge has agreed to acquire the crude oil transportation business of US-based energy infrastructure company Tallgrass Energy in a cash …
Saipem wins Osman Gazi FPU commissioning contract in Türkiye

Italian offshore engineering contractor Saipem has secured a contract from GOE Petrol Sanayi to provide commissioning services for the Osman …
Drones in solar: where can automation deliver the most value?

Solar farms are getting bigger every year, and with them, so are the challenges of design, construction and maintenance. Drones …
Oil prices pass $100 amid intensified Middle East hostilities

Oil prices surpassed $100 a barrel (bbl) on Wednesday 9 September, reaching their highest level in more than six weeks …
Santos commences drilling of first appraisal well in Beetaloo Basin

Australian energy major Santos has begun drilling its first appraisal well in the Northern Territory’s Beetaloo Basin, representing a move …
Oil and gas electrification: why the sector’s big shift has a power problem

Electrification across oil and gas operations offers a host of advantages including reduced carbon emissions, social licence to operate, operational …
McDermott wins subsea contract for Cronos gas field off Cyprus

McDermott has secured a subsea contract from Eni Cyprus, a subsidiary of Eni, for the Cronos gas development in Cyprus’ …