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Kongsberg and offshore leaders launch Remote DP Operations pilot

Kongsberg Maritime has announced a partnership with Solstad, Østensjø, DeepOcean, and Remota that will launch a pilot project to explore the potential for remote Dynamic Positioning (DP) operations in the offshore sector. Image: […]

US oil/gas rig count falls for 6th week to 2021 lows

*US weekly offshore rig count. London — U.S. energy firms this week cut the number of oil and natural gas rigs operating for a sixth week in a row for the first time since September […]

NNPCL cuts workforce by 197 employees in one year

*Headquarters of the Nigeria National Petroleum Company Ltd, Central Business District, Garki, Abuja. – Has 5,495 staff across subsidiaries Michael Eboh Dublin, Ireland — The Nigerian National Petroleum Corporation Limited (NNPCL) has reduced its workforce […]

Aker BP, Höegh Evi granted DNV approval for liquefied CO2 carrier

Höegh Evi and Aker BP have been awarded an Approval in Principle (AiP) from DNV for a next-generation liquefied CO₂ (LCO₂) carrier. The vessel, developed in Norway by Höegh Evi, Aker BP and Moss Maritime, […]

Energy jobs show resiliency despite broader labor market cooling

The Energy Workforce & Technology Council has released its May 2025 jobs report, highlighting continued resilience in the energy services sector amid signs of a broader national labor market slowdown. Total jobs in the energy […]

Petronas to cut 10% of workforce as low oil prices hit profits

(Bloomberg) – Petronas, Malaysia’s state-owned oil and gas company, will cut about 10% of its workforce in a firm-wide restructuring as it looks to reduce costs due to falling crude prices. The company […]

Crude climbs on US jobs report, China talks

*Oil prices Houston — Crude rose more than $1 a barrel on Friday, posting its first weekly gain in three weeks after a favorable U.S. jobs report and resumed trade talks between the U.S. and […]

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Vermilion Energy exits U.S. market with $88 million asset sale

Vermilion Energy Inc. has entered into a definitive agreement for the sale of its U.S. assets for cash proceeds of ~$88 million ($120 million CAD). Proceeds from the transaction will go towards debt […]

NLNG, NCDMB launch training for 140 Nigerians as Train-7 hits 80% completion

*Officials of NLNG, NCDMB with 140 beneficiaries inducted for the Advanced Human Capital Development in Train-7. Mkpoikana Udoma Port Harcourt — The Nigeria LNG Limited, NLNG, in collaboration with the Nigerian Content Development and Monitoring […]

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Energy NL conference concludes with discussion on industry potential, indigenous participation

A successful Energy NL Conference & Exhibition 2025 concluded Thursday after an informative and engaging discussion on the potential of the industry, indigenous participation in resource projects, trade and market diversification, regulations, and an update […]