Wednesday, August 12, 2026

Ratio Raises Takeover Bid for Pharos after Rival Serica...

Mergers & Acquisitions: Ratio Raises Takeover Bid for Pharos after Rival Serica Offer - Ratio Petroleum has increased its recommended all-cash offer for Pharos Energy after a competing bid from Serica Energy,…

ConocoPhillips, CNOOC Put Penglai Field off China Into...

Well Operations: ConocoPhillips, CNOOC Put Penglai Field off China Into Full Operation - Bohai Phase 5 has entered full operation at the Penglai oil field offshore China, expanding production infrastructure through…

Oil Climbs as Hormuz Transit Plan Raises Fresh Concerns

Middle East: Oil Climbs as Hormuz Transit Plan Raises Fresh Concerns - Oil extended gains on Friday amid further concerns around the opening of the Strait of Hormuz, as Iran, working with Oman…

BP to Take Full Ownership of Calypso Offshore Gas Project

Mergers & Acquisitions: BP to Take Full Ownership of Calypso Offshore Gas Project - BP has agreed to acquire Woodside Energy's 70% interest in Block TTDAA 14, which contains the Calypso gas project offshore Trinidad and Tobago…

RWE, Trump Reach $1.22b agreement to Cancel Offshore Wind...

Offshore: RWE, Trump Reach $1.22b agreement to Cancel Offshore Wind Leases - German energy company RWE said on Thursday that it had reached a $1.22 billion agreement with the Trump administration to…

ExxonMobil Picks Sercel's Marlin for Guyana Offshore...

Offshore Energy: ExxonMobil Picks Sercel's Marlin for Guyana Offshore Operations - ExxonMobil Global Projects has selected Sercel's Marlin solution to support the management of simultaneous operations (SIMOPS)…

Prysmian Acquires Scottish High-Voltage Cable Jointer...

Offshore Energy: Prysmian Acquires Scottish High-Voltage Cable Jointer Training Centre - Prysmian has acquired a high-voltage cable jointer training facility in North Ayrshire, Scotland, bringing more than 20 apprentice…

Export Cables, Offshore Substation In Place at Fengmiao I...

Renewable Energy : Export Cables, Offshore Substation In Place at Fengmiao I Offshore Wind Farm - The 495 MW Fengmiao I offshore wind project offshore Taiwan has reached two key offshore construction milestones, with Jan…

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