News

(Bloomberg) – Petroleo Brasileiro SA is considering the sale of its onshore operations in Brazil’s northeastern Bahia state, Chief Executive Officer Magda Chambriard said.  Producing oil and gas on the so-called Polo Bahia […]

Subsea7 has been awarded a sizeable1 contract for offshore Egypt, the company announced Friday.   Subsea7 will be responsible for the engineering, procurement, commissioning and installation of flexible pipelines, umbilicals, and associated subsea components […]

Venture Global on Thursday announced the execution of a new 20-year Sales and Purchase Agreement (SPA) with PETRONAS LNG, a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS. Under the terms […]

Seatrium Limited has been awarded a Floating Storage Regasification Unit (FSRU) conversion contract from Kinetics, an energy transition initiative by global floating power leader Karpowership.  This award follows Kinetics’ confirmation of the option […]

Erik Wasson, Steven T. Dennis and Maeve Sheehey, Bloomberg July 04, 2025 (Bloomberg) – President Donald Trump secured a sweeping shift in U.S. domestic policy as the House passed […]

Perenco Vietnam and its partners in Block 15-1 have signed a new Production Sharing Contract (PSC) with the Socialist Republic of Vietnam, marking the beginning of a new 25-year chapter for the group in the […]