Ukraine gas transit continuation backed by European companies
Slovakian gas purchaser SPP has announced that, along with partners from Hungary, Austria and Italy, a declaration has been signed …
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The most-read pieces on Offshore Technology in 2024
Some of the most-read news and features on Offshore Technology over the past year have dealt with the uncertainties surrounding …
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EnQuest expands Seligi field development deal offshore Malaysia
UK-based oil and gas company EnQuest, on behalf of the PM8 extension (PM8E) production sharing contract (PSC) parties, has signed …
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Petro-Victory to acquire 13 oil-producing fields in Brazil from Brava Energia
Petro-Victory Energy, in partnership with Azevedo e Travassos Petroleo (ATP), has signed an agreement with Brava Energia concerning the potential …
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Kosmos Energy withdraws from Tullow Oil acquisition
Kosmos Energy has ceased its efforts to acquire West Africa-focused Tullow Oil, leading to a significant 10% decline in Tullow's …
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Vitesse Energy to acquire Lucero Energy for $222m
Vitesse Energy has signed an agreement to acquire Lucero Energy in an all-stock transaction valued at $222m (C$317.02m). This strategic move …
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VR simulations offer new perspectives to oil and gas industry
Virtual reality (VR) offers a cost-effective means to acclimatise the oil and gas industry workforce to various key operations from …
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India announces plans to supply LNG to Sri Lanka and connect power grids
India has unveiled plans to supply LNG to Sri Lanka, with ambitions to connect the power grids between the two …
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ADNOC signs 15-year LNG supply agreement with EnBW for Ruwais LNG project
ADNOC has signed a 15-year sales and purchase agreement (SPA) with Germany's EnBW for the supply of 600,000 tonnes per …
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Aker BP extends maintenance contract with Aker Solutions
Aker Solutions has secured a two-year contract extension from Aker BP for maintenance and modification work across several offshore Norway …
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Two Russian oil tankers badly damaged in the Black Sea
Two Russian oil tankers have been badly damaged in a storm in the Black Sea, with images and a video …
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Oil and gas companies operating in Norway projected to invest $25bn in 2025
Oil and gas companies operating in Norway are projected to invest a record Nkr275bn ($24.68bn) in 2025, reported Reuters, citing …
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Touchstone Exploration acquires Shell Trinidad Central Block for $23m
Touchstone Exploration announced that its subsidiary, Touchstone Exploration Ltd, (TETL) has agreed to acquire all the share capital of Shell …
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bp and ADNOC’s XRG form Egypt gas joint venture Arcius Energy
BP and Abu Dhabi National Oil Company's (ADNOC) international investments arm, XRG, have finalised the creation of a new natural …
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QatarEnergy boosts Namibia exploration with new offshore block stake acquisition
QatarEnergy has expanded its upstream portfolio in Namibia by acquiring a 27.5% working interest in the petroleum exploration licence and …
