Subsea7 improves performance ahead of Saipem merger
Subsea7 and Saipem awaiting regulatory approvals, with completion of the merger expected in the second half of the year Norwegian…
UK ministers ‘in talks’ over early end to windfall tax
The UK government is said to be weighing an early end to the controversial Energy Profits Levy (EPL) or windfall…
Technip and partners win contract for Coral Norte FLNG project
Coral Norte aims to build on proven design methods, incorporating previous operational lessons to improve efficiency and reliability. Technip Energies,…
Capricorn Energy Sees Production Boost, Driven by Growth in Egypt
Oil producer Capricorn Energy said on Monday it expects higher production in 2026 compared with last year, supported by the…
Dry well in the Barents Sea (7018/5-2)
Equinor and its partners have drilled a dry well on the “Vikingskipet” prospect. Wildcat well 7018/5-2 was drilled in production…
Petralon Wins Shell Backing After Hitting First Oil Production
Petralon Energy has secured strong backing from Shell Western Supply and Trading following its achievement of first oil at the…
Eni Expands African Exploration Footprint with Major Discoveries in Ivory Coast, Angola
New discoveries in Ivory Coast and Angola reinforce Eni’s dual strategy of frontier exploration and near-field reserve growth in Africa…
Head of Dubai-based ports giant quits after Epstein links revealed
The head of global ports operator DP World has left the company after mounting pressure over his links to convicted…
Turkish Drill Ship Heads to Somalia for First Overseas Mission
Turkey sent its deep-sea drilling vessel Cagri Bey to Somalia on Sunday for what its energy minister said would be…
Equinor Strikes Black Gold: New Oil and Gas Discovery in North Sea
Equinor, along with Petoro and OMV Norge, has discovered significant oil and gas reserves in the Granat prospect of the…