SBM Offshore 2025 profit falls 25% to $677m
SBM Offshore’s net profit attributable to shareholders for the full year 2025 decreased by 25% to $677m, from $907m in …
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Saipem drops Deep Value Driller deal after third-party sale
Saipem has said that it will no longer pursue the acquisition of the Deep Value Driller drill-ship after Deep Value …
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Greenpeace faces $345m payment order in Dakota Access protest case
North Dakota Judge James Gion said he plans to order Greenpeace to pay expected total damages of $345m to Energy Transfer …
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Eni approves FID for Sannazzaro biorefinery shift in Italy
Eni has approved the final investment decision (FID) for converting parts of its Sannazzaro de’ Burgondi refinery in Italy into …
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Technip-led JV wins EPCC contract for North Field West LNG project
A Technip Energies-led joint venture (JV) has won a contract from QatarEnergy pertaining to the North Field West project’s onshore …
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Greenpeace faces $345m payment order in Dakota Access protest case
North Dakota Judge James Gion said he plans to order Greenpeace to pay expected total damages of $345m to Energy Transfer …
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Eni approves FID for Sannazzaro biorefinery shift in Italy
Eni has approved the final investment decision (FID) for converting parts of its Sannazzaro de’ Burgondi refinery in Italy into …
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Technip-led JV wins EPCC contract for North Field West LNG project
A Technip Energies-led joint venture (JV) has won a contract from QatarEnergy pertaining to the North Field West project’s onshore …
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China to spearhead the global polyolefins demand in 2026
The global polyolefins market is growing steadily and is expected to grow significantly at a CAGR of 2.7% over 2026–2030. …
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Shell and METLEN sign MoU for LNG supply cooperation
Shell and METLEN have formalised a memorandum of understanding (MoU) in the US capital of Washington, DC to cooperate on …
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Kosmos signs deal to divest Equatorial Guinea assets to Panoro
Kosmos Energy has signed an agreement to sell its non-operating working interest of 40.375% in the Ceiba Field and Okume …
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Vaalco Energy secures operatorship in Cote d’Ivoire’s Kossipo field
US-based Vaalco Energy has secured a 60% operational stake in the offshore Kossipo field in Cote d'Ivoire, with PetroCI retaining …
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Lufkin wins RDPCP contract from Petroleum Development Oman
Lufkin Industries has secured a multi-year contract from Petroleum Development Oman (PDO) for the delivery of rod driven progressive cavity …
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Tariffs to get “a lot more complicated” following Supreme Court strike down
Following the US Supreme Court ruling last Friday (20 February), where six of the nine judges ruled that the International …
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Kashagan partners take Kazakhstan to arbitration over $4.6bn fine
A consortium of major oil companies controlling the Kashagan oilfield in Kazakhstan has initiated arbitration proceedings over a $4.6bn (KZT2.31tn) …
