McDermott completes Scarborough FPU floatover for Woodside Energy
McDermott has completed the Scarborough floating production unit (FPU) floatover project for Woodside Energy. This milestone encompasses the fabrication, construction and …
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Eni starts production at Merakes East field in Indonesia
Italian energy giant Eni has commenced gas production from the Merakes East field, located in the Kutei basin, offshore Indonesia. Eni …
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US accelerates reviews of land parcels for federal oil and gas leasing
The US Department of the Interior (DOI) has announced a policy update by the Bureau of Land Management (BLM) to …
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Woodside Energy and Aramco to explore Louisiana LNG project partnership
Woodside Energy and Aramco have signed a non-binding agreement to explore potential collaborations, including Aramco acquiring an equity interest in …
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China to lead global ethylene capacity expansions through 2030
China is anticipated to be at the forefront of global ethylene capacity additions by 2030. This growth is expected to …
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Commonwealth LNG and KTG finalise 2mtpa LNG offtake deal with Glencore
Commonwealth LNG and Kimmeridge Texas Gas (KTG) have finalised binding agreements with Glencore to establish a strategic partnership in natural …
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Tullow Oil seals $300m Gabon assets sale to Gabon Oil Company
Tullow Oil has signed a share and purchase agreement (SPA) with Gabon Oil Company to sell its entire working interest …
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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 …
