Fugro’s Board of Management has appointed Annabelle Vos as Group Director for the Middle East & India, effective January 1, 2025.Vos has been part of the Fugro family since 2016, when she joined as General Counsel and Chief Compliance Officer…
INEOS Energy has brought online the electric-driven compressor at the Teesside Gas Processing Plant, which will boost gas flows from the INEOS-operated Breagh gas field offshore U.K.The new compressor represents a significant investment that…
Eni and the government agency Japan Organization for Metals and Energy Security (JOGMEC) have signed a memorandum of cooperation with the aim of collaborating in the gas and LNG field to increase diversification of supply sources.The memorandum…
East Timor has talked with Chinese firms including state-owned Sinopec about developing the stalled Greater Sunrise gas field, President Jose Ramos-Horta said on Wednesday, after disagreements with Australia over the shared field's future.The field…
Equinor has acquired a 9.8% stake in Ørsted, becoming the second largest shareholder in the company after the Danish State, which holds a controlling stake.Equinor's ownership position has been built over time, through a combination of market purchases and a block trade…
French oil major TotalEnergies will sign a final investment decision (FID) on Tuesday for a more than $10 billion offshore oil and gas development in Suriname, the South American country's first, said four sources with knowledge of the project…
India will not buy liquefied natural gas (LNG) produced from Russia's Arctic LNG 2 project, which is sanctioned by Western countries, Oil Secretary Pankaj Jain said on Friday.'We will not buy (supply from) Arctic LNG 2. We are not buying any sanctioned commodity…
The chief executive of Brazilian oil company Prio is 'optimistic' about talks with China's oil and chemicals firm Sinochem for the potential purchase of a stake in the Peregrino oil field, he told Reuters on Wednesday.No binding agreement has been reached so far…
Global energy major BP said on Wednesday it is holding a board meeting in India this week, as it scouts for more opportunities in the country.India, the world's third-biggest oil importer and consumer, wants to quickly raise its oil and gas output…
SLB has signed a memorandum of understanding (MOU) through its OneSubsea joint venture with C-Power aimed at exploring the use wave energy as a lower-cost, lower-carbon power source for subsea energy applications.Subsea Integration Alliance partners SLB OneSubsea and Subsea7 will together with U…
Turkish state energy company Botas has signed a 10-year agreement to import liquefied natural gas (LNG) from French oil major TotalEnergies beginning in 2027, Turkish Energy Minister Alparslan Bayraktar said on Wednesday.The deal, which was…
Offshore drilling contractor Seadrill is looking to buy more assets or create a larger player by merging with peers, the company's CEO said on Wednesday.Norwegian-born billionaire John Fredriksen lost the control of the company, once the world's largest driller by market cap…
South Korean conglomerate Hanhwa Group has offered to acquire all of the shares it does not own in Singapore's Dyna-Mac Holdings, valuing the offshore oil and gas contractor at S$669.2 million ($513.90 million).Hanhwa's units Hanhwa Aerospace and Hanwha Ocean already own a 25…
President Joe Biden's administration on Thursday announced final approval of a wind project off the coast of Maryland, bringing the U.S. halfway to its goal of deploying 30 gigawatts of the clean energy technology by 2030.The project is the 10th approved by Biden's Interior Department…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) ha started production from its Wushi 17-2 oil field development project in Beibu Gulf in South China Sea.The main production facilities include a new wellhead platform and an oil and gas processing terminal…
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