trends

National Ocean Industries Association (NOIA) President Erik Milito issued a statement on Friday in support of the House Natural Resources Committee reconciliation package:  “Chairman Westerman’s bill is a game-changer for offshore energy, delivering […]

Equinor has entered into agreements with Brazilian company PRIO to sell its 60% operated interest in the Peregrino field in Brazil for a total value of $3.5 billion USD. PRIO, Brazil’s largest independent […]

Cairn Oil & Gas, India’s largest private oil and gas E&P company, is partnering with Norway-based Electromagnetic Geoservices (EMGS), to acquire a 3D Controlled Source Electro-magnetic (CSEM) survey for its exploration campaign in the deepwater […]

YPF, the largest non-U.S. shale oil operator, and Globant, a digitally native company focused on reinventing businesses through digital technology, have signed a Memorandum of Understanding (MoU) that marks a significant milestone in the transformation […]

EnerMech has secured a significant contract from LLOG Exploration Co. for pre-commissioning services at the Salamanca Platform in the Gulf of America/Gulf of Mexico.  This contract includes hydrotesting and nitrogen dewatering of three […]

Woodside has made a final investment decision to develop the three-train, 16.5 million tonne per annum (MMtpa) Louisiana LNG development. Woodside is targeting first LNG in 2029. Development of Louisiana LNG will position […]

Petro-Victory Energy Corp. has completed its previously announced acquisition of Capixaba Energia LTDA, a producing oil and gas asset, generating substantial free cash flow, in the Espírito Santo Basin. The acquisition was completed in partnership with […]

For Namibia, a newcomer to oil and gas deals, adding a fiscal stability clause to petroleum contracts will be key to retaining the energy industry’s intense interest The world is watching Namibia. To […]

(Bloomberg) – Big Oil has a powerful ally in the White House, but the first quarter of Donald Trump’s presidency was a real test for companies’ plans. The rest of the year could be even […]

CHC Helicopter (CHC) has signed a Memorandum of Understanding (MoU) with Namibian aviation operator Court Helicopters. The agreement outlines both parties’ intent to explore a strategic collaboration to search and rescue (SAR) and crew change […]