U.S. oil and gas producer ConocoPhillips is set to sign a contract with Syria's new government to revive gas production, the Financial Times reported on Monday, citing two people familiar with the matter.ConocoPhillips and Novaterra Energy will develop existing gas fields and explore for new reserves, under an agreement with state-owned Syrian Petroleum Company, the report added.The potential deal…
Oslo-listed consultancy company ABL Group plans to change its name to Aqualis, seeking to eliminate confusion created by the use of ABL as both the name of the listed parent company and one of its operating businesses.The group provides marine…
THREE60 Energy has been awarded a new long-term project support agreement by Vår Energi, extending a longstanding relationship between the two companies in Norway.The agreement has an initial term of four years and includes options for extension…
Japan's Inpex has shut one of two liquefied natural gas production trains at its Ichthys plant in Australia due to a strike, two people with knowledge of the matter said on Tuesday.The closure of Australia's third-largest LNG plant is likely…
Shell is preparing to launch a sale of its offshore wind farms that could fetch more than $1 billion, in the oil giant's latest move away from renewable energy, Bloomberg News reported on Friday, citing people familiar with the matter.The company…
BP has started a process to sell stakes in two of its Gulf of America projects, four people with knowledge of the matter said, in what would be one of new CEO Meg O'Neill's first moves.BP, one of the largest operators in the Gulf of America…
SLB has signed a long-term framework agreement with Venezuela's state oil company PDVSA to support the modernization and development of the country's oil and gas sector.The memorandum of understanding establishes a framework for cooperation across exploration…
Norway's parliament on Tuesday ordered the government to review its planned subsidy for the country's first commercial floating offshore wind farm, raising concerns of a full development stop and a wider impact on energy transition projects…
Top BP investors and former executives said they remained in the dark about the precise circumstances that led to the departure of former chair Albert Manifold, the Financial Times reported on Tuesday.BP did not immediately respond to Reuters' request for a comment outside regular business hours…
French seismic firm Viridien has appointed Henning Berg as chief executive officer and director following approval by shareholders at the company's annual general meeting.The appointment was approved at the company's combined general meeting held in Paris on June 3…
Kuwait could restore nearly 70% of its oil production within six to eight weeks after the Strait of Hormuz reopens, Kuwait Petroleum Corporation's managing director for international marketing, Shaikh Khaled Ahmad Al-Sabah, said on Wednesday…
SBM Offshore and Solstad Offshore have formed a joint venture that has entered into a letter of intent with a shipyard for the construction of a multi-purpose deepwater installation and construction vessel, with delivery targeted in the first half of 2029…
Cambodia said on Tuesday it had launched a compulsory conciliation process under international law aimed at resolving a long-running maritime boundary dispute with Thailand and had informed the United Nations and Bangkok.The move follows a Thai…
Vantage Drilling has entered into a merger agreement under which Norway-based Eldorado Drilling will acquire the offshore drilling contractor in a transaction valuing the company's equity at approximately $257.6 million.Under the agreement, Vantage shareholders will receive $19…
Guyana was already the world’s fastest growing economy before the U.S.-Israeli war on Iran drove up oil prices. Now, the tiny Caribbean nation of nearly 1 million people will reap an even bigger bonanza as the conflict reshapes global energy markets…
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