ConocoPhillips is evaluating a potential sale of its Norway business and the Teesside asset in the UK after receiving an unsolicited offer, the US oil and gas producer said on Thursday.The company did not disclose the identity of the potential buyer or provide any financial details of the offer…
Serica Energy has completed the acquisition of a portfolio of Southern North Sea assets from Spirit Energy, adding around 10,000 barrels of oil equivalent per day of production and 18.7 million boe of proved and probable reserves.Serica made…
Vår Energi has completed the acquisition of selected assets and licenses from Pandion Energy, adding stakes in the producing Nova field, the Ofelia development and the Sierra Solberg discovery.The transaction gives Vår Energi a 10% interest in Nova…
Aker Solutions has been awarded a three-year frame agreement to provide engineering and integrity services across BP's North Sea assets, expanding its existing work for the energy company.The agreement extends Aker Solutions' support from BP's…
Mermaid Maritime has established a joint venture with Nigerian oilfield services company Marine Platforms Limited to pursue subsea work for TotalEnergies Nigeria and other oil and gas operators in the country.The new company, Mermaid Subsea Services Limited…
The world's biggest energy companies are poised to deliver another quarter of bumper profits, fuelled by record refining margins. Flush with cash, Big Oil now needs to chart a course for future growth in a world reshaped by the Middle East crisis…
Eni has confirmed it was awarded a 100% participating interest in Indonesia's deepwater Sapukala exploration block, adding acreage adjacent to its existing portfolio and the future North Hub developments in the Kutei Basin.The award, previously…
ABL has been appointed by German transmission system operator 50Hertz to provide marine warranty survey services for the 2 GW Ostwind 4 offshore grid connection project in the German Baltic Sea.The consultancy will provide marine assurance for…
Skyborn Renewables has signed a power purchase agreement (PPA) with Danish energy trader InCommodities Asset Management covering the 110.7 MW Nordergründe offshore wind farm in Germany.Under the agreement, which marks InCommodities' first offshore wind transaction…
Fugro has secured a marine asset integrity contract in Australia covering the replacement of critical subsea infrastructure and survey and inspection work, with offshore operations expected to start towards the end of 2027.The contract, awarded by an undisclosed client…
Perenco Brazil and Porto do Açu have signed a letter of intent to develop an offshore electrification project that would supply up to 60 MW of shore power to Perenco's platforms in the Campos Basin through an 80 km subsea cable.The project would…
Subsea Cable Assets (SCA) has secured its first contract, a roughly $20 million award from Saipem Contracting Netherlands for cable transportation and handling work supporting a major offshore energy project in the Caspian region.The scope covers engineering…
ABL has been appointed by Allseas as marine warranty surveyor for the single-lift removal of the Statfjord A topside in the North Sea, an operation set to use an upgraded 60,000-tonne lifting system aboard Pioneering Spirit.Allseas is carrying out the engineering…
Shell has completed the sale of its 50% non-operated interest in the Na Kika platform and associated fields in the Gulf of America, along with its wholly-owned Coulomb tieback, receiving about $840 million in cash at closing.The assets were…
Saudi oil giant Aramco plans to reorganise its business to create a new gas division with an eye on possible listings of business units in the future to raise cash, two sources with knowledge of the matter told Reuters.The move is in line with…
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