ABB to upgrade automation systems at Buzzard North Sea platform
ABB has secured a contract to upgrade the automation and control systems on the Buzzard offshore platform, located approximately 100km …
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Oil prices drop by 2% as Trump calls off Iran strike plan
Oil prices declined by more than 2% on Friday 12 June, continuing their downward trend from the prior session after …
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Woodside moves to acquire PetroChina’s 10.67% Browse JV stake
Woodside Energy has exercised its pre-emption right to acquire PetroChina International Investment (Australia)'s 10.67% participating interest in the Browse Joint …
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Venture Global and Atlantic-SEE extend LNG deal to 20 years
Venture Global and Atlantic-SEE LNG Trade have expanded their existing sales and purchase agreement for US liquefied natural gas (LNG), …
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APA to acquire Savant Alaska in $70m deal
US-based independent energy company APA has signed an agreement to acquire Savant Alaska for an upfront payment of around $70m, …
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Four steps to interpreting your turbine lubricant sampling results
Lubricant sampling is one of the most practical tools available for assessing drivetrain health in wind turbine operations, and getting …
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Oil prices rise as US-Iran tensions intensify amid Hormuz closure
Oil futures rose on Thursday 11 June amid heightened tensions between the US and Iran and reports that the Strait …
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Saipem wins $1bn contract for Uthmaniyah gas plant in Saudi Arabia
Italian oilfield services provider Saipem has secured a new onshore contract valued at approximately €900m ($1.04bn) for the Uthmaniyah Gas …
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EnQuest to acquire Malaysian offshore PSC interests for $833m
EnQuest Petroleum Production Malaysia, a wholly owned affiliate of UK-based EnQuest, has agreed to acquire participating interests in four offshore …
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JERA to buy around 2mtpa of LNG from Petronas in 20-year deal
Japan’s JERA has agreed to procure up to nearly two million tonnes per annum (mtpa) of liquefied natural gas (LNG) …
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Oil steady as US-Iran tensions offset expected US stock draw
Oil prices held largely steady on Wednesday 10 June as new tensions between the US and Iran blurred the market’s …
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BP announces two-segment overhaul to simplify operations
BP has announced plans to reorganise its operations into two primary business segments, Upstream and Downstream, effective from 1 July …
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Shell-led partnership finds oil at Namibia’s PEL 0039 with Merlin-1X
Shell and its partners QatarEnergy and NAMCOR have made an oil discovery at Petroleum Exploration Licence 0039 (PEL 0039) offshore …
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Vaalco restarts Baobab oil output after FPSO refurbishment
Vaalco Energy has brought oil production back online at the Baobab field on the CI-40 block offshore Côte d’Ivoire after …
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BP awards SLB OneSubsea boosting contract for Thunder Horse
SLB OneSubsea has received a contract from bp to supply a subsea boosting system for the Thunder Horse project, located …
