Inpex, Japan’s largest exploration and production (E&P) company, has acquired 50% participating interests in the Agung I and Agung II exploration blocks offshore Eastern Java, Indonesia, from BP’s subsidiaries.The interests were acquired through wholly owned subsidiaries INPEX WEST AGUNG and INPEX EAST AGUNG from BP Agung I Limited and BP Agung II Limited, respectively.Following the transaction, Inpex and BP will each hold 50% of both blocks…
Shipping bottlenecks, deep cuts in refinery output and inventory draws that could take years to replace will keep global oil prices high beyond this year, industry executives said at a conference in London on Monday.Following the start of the US-Israeli war on Iran at the end of February…
Siemens Energy has contracted EST-Floattech to supply a battery system of more than 1 MWh for Marco Polo Marine's new CSOV Plus, a vessel designed to work in both offshore wind and oil and gas operations.The Octopus High Energy battery system…
Integrated Wind Solutions (IWS) subsidiary IWS Fleet has ordered four Skywalker-class commissioning service operation vessels (CSOVs) for a combined firm yard price of around $301 million (€260 million), expanding its owned fleet from six to 10 CSOVs…
US President Donald Trump unveiled plans on Wednesday for South Korea to invest some $200 billion in US projects, but Seoul quickly suggested one key element, a $54 billion pipeline for an LNG project in Alaska, was not yet set in stone.The…
Solstad Maritime has been awarded contracts for two anchor handling tug supply vessels (AHTS) for drilling support work in the Asia-Pacific region.The combined firm value estimated at the upper end of a $10 million and $30 million range, according to the Norwegian vessel owner…
Senior leaders from China, India, Japan, Malaysia and across Asia among more than 1,800 confirmed speakers 353 Asian companies and six country pavilions confirmed across ADIPEC’s 2,250-exhibitor global marketplace ADIPEC connects Asia’s growing energy needs with the global supply…
SSE has selected Montrose Port as the preferred operations and maintenance base for its planned 1.4 GW Berwick Bank B offshore wind farm off Scotland, a move expected to create 100 full-time jobs.The new operational hub will be located at Montrose Port's South Harbour…
China-based BOMESC Offshore Engineering's wholly owned subsidiary Tianjin BOMESC has signed a contract with SBM Offshore for the design, procurement and construction of topside modules for a floating production, storage and offloading (FPSO) destined for South America…
Shell Canada Energy has taken a final investment decision (FID) on LNG Canada Phase 2, an expansion that will double the Kitimat facility's production capacity to 28 million tonnes per annum.Phase 2 will add two LNG processing trains to the existing facility in British Columbia…
Oil prices rose for a second successive session on Tuesday as lingering concern over Middle East supply disruption brought about by the US-Israeli war on Iran outweighed signs of recovering crude exports from the region.Brent crude futures for November LCOc1 rose $1…
Fugro has completed an ultra-deepwater geohazard site survey for Petronas Carigali's Megah and Limbayong fields off Sabah, East Malaysia, using autonomous underwater vehicle (AUV) technology.The offshore campaign ran from June to August 2026…
Shearwater Geoservices has been awarded a three-year ocean bottom node (OBN) seismic acquisition contract by an undisclosed oil and gas company for work offshore South America, with operations set to begin in the fourth quarter of 2026.The contract…
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…
Ship-to-ship transfers in the Gulf of Oman for Middle Eastern oil from inside the Strait of Hormuz have reached their limits after Saudi Arabia diverted exports from the Red Sea, adding to shipments from other producers, trade sources and analysts said…
AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week
