ASCO wins $87.6m contract from Aker BP for logistics services
ASCO has secured a five-year contract worth $87.6m (£70m) to provide base and logistics services to Aker BP in Norway …
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BP wins bid to operate ONGC’s Mumbai High field in India
BP Exploration (Alpha), a step-down subsidiary of UK energy giant bp, has won a bid to serve as a technical …
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SLB secures deep-water drilling contracts from Shell
SLB, an energy technology company, has been awarded a series of drilling contracts to enhance Shell’s deep and ultra-deep-water operations …
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Iran aims to recover $1.75bn worth of oil stranded in Chinese ports
Iran is seeking to reclaim approximately 25 million barrels of its oil, valued at $1.75bn (IR73.65trn), which have been held …
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CB&I wins EPC contract for cryogenic tanks at Ruwais LNG project in UAE
Engineering company CB&I has secured a lump-sum contract for the engineering, procurement and construction (EPC) of two cryogenic tanks for …
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Arctic refuge oil and gas drilling auction sees no bids
The lease auction for oil and gas drilling in the Coastal Plain of Arctic National Wildlife Refuge (ANWR) in Alaska …
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Shell writes down $400m on unviable oil discovery in Namibia
Shell has determined that an oil discovery off the coast of Namibia is not commercially viable, leading to a projected …
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The end of Ukraine-Russia gas transit deal: what lies ahead for Europe?
The advent of 2025 brought with it the end of a years-long gas transit arrangement between Ukraine and Russia, leaving …
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PakEnergy acquires Petrosight to enhance well life cycle management
PakEnergy, a business automation solutions provider for the energy industry, has acquired Petrosight, a well management software provider. This move bolsters …
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Salamanca FPU nears completion for deep-water project in Gulf of Mexico
LLOG Exploration Company, a privately-owned exploration and production company, is nearing first oil production from the Salamanca deep-water project in …
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Shandong Port bans US-sanctioned tankers from its ports
China’s Shandong Port Group has implemented a ban on US-sanctioned tankers from docking at its facilities, reported Reuters, citing three …
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China at the forefront of global polypropylene capacity additions through 2028
China is likely to register the highest polypropylene capacity additions globally by 2028, contributing about 45% of the total capacity …
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OPAL Fuels secures six-year RNG supply deal to support fuelling stations in US
Natural gas distribution company OPAL Fuels has secured an RNG supply agreement to construct five new fuelling stations in the …
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Flowco Holdings launches IPO, targets $1.9bn market value
Oil and gas services provider Flowco Holdings has announced the launch of its IPO to raise $392m by offering 17.8 …
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Serica Energy outlines plans for increased output in 2025
UK-based oil and gas company Serica Energy has disclosed its production figures for 2024 ahead of a detailed trading update …
