Top 20 themes shaping the oil and gas industry in 2025
In this report, leading data and analytics company GlobalData identifies the top 20 themes that will impact the oil and …
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TWMA secures drilling waste management contract from bp in UK North Sea
Drilling waste management company TWMA has secured a contract from bp to provide its services in the UK North Sea. The …
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Seatrium secures contract to convert LNG carrier into FSRU for deployment in Egypt
Seatrium has announced a major contract win from Höegh Evi, Norway, to convert a liquefied natural gas (LNG) carrier into …
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Aramco anticipates steady demand and possible growth in 2025
Saudi Aramco has projected that oil demand will remain robust throughout the year, with potential for additional growth if the …
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Oil and gas contracts volume and value reports marginal decline in Q1 2025
Global oil and gas contracts reported a quarter-on-quarter decrease in total disclosed value, with $33.33bn in the first quarter (Q1) …
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Prosafe’s Safe Notos vessel triumphs in Petrobras’ four-year contract bid
Prosafe has emerged as the successful bidder in Petrobras' tender for a four-year contract, offering the Safe Notos semi-submersible vessel …
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India to acquire pre-emption rights over oil and natural gas during national emergencies
The Indian Government will retain pre-emption rights over all oil and natural gas produced within the country in the event …
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Petrobras reports 48.6% profit increase and declares $2.1bn in dividends
Brazil's Petrobras has reported a 48.6% increase in net profit to 35.2bn reais in the first quarter of 2025 compared …
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US House committee proposes $2bn for Strategic Petroleum Reserve
The US House Energy and Commerce Committee has proposed a budget that allocates $2bn to replenish and maintain the Strategic …
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Is it feasible to repurpose oil and gas pipelines for hydrogen?
While the future of oil and gas (O&G) infrastructure within the energy transition is uncertain, the long-distance transportation of energy …
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Höegh Evi signs FSRU charter deal with Egyptian Natural Gas
Höegh Evi, a marine energy infrastructure company, has entered into a ten-year time charter agreement with the Egyptian Natural Gas …
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Norway invites bids for latest pre-defined offshore licensing round
Norway has launched the country's 2025 offshore licensing round for pre-defined areas, with awards expected to be announced in early …
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Thailand shows interest in joining Alaska gas project before tariff discussions
Thailand has expressed interest in co-developing the $44bn (Bt1.47trn) Alaska gas pipeline project, a move aimed at reducing its trade …
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Blue Sky to acquire oil and gas assets in BC and Alberta in Canada
Blue Sky Global Energy (BGE) has signed a letter of intent with Blue Sky Resources to fully acquire oil and …
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US regulators recommend approval of Venture Global’s CP2 LNG project
The US Federal Energy Regulatory Commission (FERC) has issued the final supplemental environmental impact assessment (EIS) for Venture Global's CP2 …
