Industry News: Nigeria Approves Major Debt Write-Off at NNPC Ahead of Asset Sales - Nigerian President Bola Tinubu has approved the cancellation of $1.42 billion and 5.57 trillion naira ($3.85 billion) in…
Mergers & Acquisitions: Europa Oil & Gas Sells Equatorial Guinea Offshore Block Stake to China’s Fuhai - Europa Oil & Gas has through its associated company Antler Global signed a binding farm-out agreement with China’s Fuhai…
Deepwater: Saipem Extends Charter, Purchase Option for Deep Value Driller Drillship - Deep Value Driller has agreed with Saipem to extend the bareboat charter for its seventh-generation drillship Deep Value…
Technology: Vestas Books First South Korean Offshore Wind Order - Vestas has received a 390 MW order for the Shinan-Ui offshore wind project in Jeollanam Province in South Korea.The project…
Drilling: Petronas Drills First of Four Wells in Block Offshore Suriname - Petronas has completed drilling of the Caiman-1 exploration well in Block 52 offshore Suriname, marking the first well in…
LNG: Woodside, BOTAŞ Shake Hands on Long-Term LNG Supply Deal - Australia’s Woodside Energy has finalized a long-term liquefied natural gas supply agreement with Türkiye’s state pipeline operator BOTAŞ…
People: Brazil Court Orders Workforce to Stay at 80% as Petrobras Strike Drags On - Brazil's Superior Labor Court ruled staffing levels to remain at 80% at all Petrobras facilities in Brazil as negotiations…
Industry News: India Seeks $30B from Reliance, BP Over Gas Shortfall at Offshore Fields - India is seeking over $30 billion in compensation from Reliance Industries and BP in an arbitration case for gas it says…
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