Tullow Oil has signed a sale and purchase agreement to acquire the floating production, storage and offloading vessel (FPSO) Prof. John Evans Atta Mills for $205 million, as Ghana ratified extensions to key petroleum agreements covering the Jubilee and TEN fields.Tullow’s wholly-owned subsidiary Tullow Ghana Limited (TGL), on behalf of itself and its joint venture partners, signed the agreement with T…
Geoinform, a subsidiary of MOL Group and a service provider in Hungary’s hydrocarbon and geothermal sectors, has signed a strategic cooperation agreement with Baker Hughes aimed at introducing advanced oil and gas technologies and boosting operational efficiency…
Akrake Petroleum Benin, an indirect subsidiary of Rex International Holding, has achieved first oil from the AK-2H well at the Sèmè Field Block 1 offshore Benin, as drilling complications and cost overruns prompt a strategic and financial review…
Kongsberg Discovery has upgraded its Kongsberg Listen electromagnetic sensor system, enhancing data processing and visualization capabilities for inspections, surveys and knowledge acquisition in complex underwater environments.The system, formerly known as Argeo Listen…
Santos unveiled plans to cut about 10% of staff and review its Australian Integrated Oil and Gas portfolio after reporting a sharp fall in annual profit on Wednesday.Shares of Australia's No. 2 oil and gas producer closed 0.6% lower at A$6.63…
THREE60 Energy, Innovair and Oil States have formed a strategic alliance to deliver integrated caisson integrity management services for the global oil and gas sector, targeting ageing offshore assets in mature basins such as the North Sea.The collaboration combines inspection…
Jifmar Group and Seavium have formalized a strategic partnership to deploy digital and artificial intelligence (AI) driven capabilities across Jifmar’s fleet and internal workflows, as offshore operators accelerate adoption of data-driven operations…
Aker Solutions has secured a major five-year framework agreement with Aker BP for maintenance, modification and operation (MMO) services covering the operator’s key assets on the Norwegian Continental Shelf, including the Yggdrasil area.The agreement…
MISC, through its joint venture Vietnam Offshore Floating Terminal (Ruby) (VOFT), has secured a contract for the Ruby II floating production, storage and offloading (FPSO) unit with Petrovietnam, extending the unit’s lease, operation and maintenance until the end of 2027…
AF Offshore Decom, a company within AF Gruppen, has signed a contract with Ithaca Energy for the engineering, receipt, cleaning, dismantling, and recycling of a floating storage unit (FSU) from the U.K. sector of the North Sea.The vessel has a total weight of approximately 24…
Petronas has signed a concession agreement with the Government of the Sultanate of Oman and OQ Exploration and Production Batinah Offshore (OQEP) for exploration activities in offshore Block 18, expanding its international upstream portfolio…
Recent discussions with industrial teams have underscored how rapidly the digital “threatscape” is evolving across global energy systems, from oil and gas to chemicals, specialty gases, power generation, and transmission and distribution networks…
Maritime and critical infrastructure cybersecurity specialist Cydome has introduced a cybersecurity solution designed for offshore wind farms and other remote energy facilities that can be deployed without physical installation.The new offering…
Elemental Energies has acquired Norway-based geoscience specialist Applied Petroleum Technology (APT), expanding its subsurface and geochemistry capabilities as operators seek deeper technical insight across the well lifecycle.APT provides petroleum geochemistry…
Harbour Energy has completed its $3.2 billion acquisition of LLOG Exploration Company, marking the company’s entry into the U.S. Gulf of America and establishing a new core business unit.Through the acquisition, Harbour has gained a fully operated…
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