Borr Drilling has reported a wider first-quarter loss as delayed start-up work for the Odin jack-up rig and contract transitions weighed on earnings, while the offshore driller continued expanding its fleet and contract backlog.The company posted a net loss of $29 million for the three months ended March 31, compared with a loss of $1 million in the fourth quarter of 2025.Operating revenue fell 5% quarter-on-quarter to $247 million…
SeaTwirl has entered into a strategic collaboration agreement with Mooreast Asia to jointly pursue floating offshore wind opportunities across Southeast Asia.The collaboration combines SeaTwirl’s floating wind technology and engineering capabilities with Mooreast’s offshore mooring expertise…
Polish oil refiner Orlen is seeking a partner for its planned Baltic East offshore wind project, CEO Ireneusz Fafara told reporters on Thursday.The 1-gigawatt wind farm will neighbour Orlen's most advanced offshore project, the Baltic Power site which the company is currently finishing…
CRP Subsea, an AIS company, has recently secured a substantial contract from Seaway7 involving supplying cable protection systems for ScottishPower Renewables East Anglia TWO wind project, located in the North Sea.Under this agreement, CRP Subsea…
China's CNOOC said on Wednesday that it has started full production at the Kenli 10-2 oilfield Phase I in the south Bohai Sea, offshore northern China, with output exceeding 20,440 barrels of oil per day, state media reported.China's biggest…
Amplitude Energy has signed a binding agreement to purchase a 50% interest in VIC/L35, containing the Artisan gas field in the Offshore Otway Basin, Australia, from Beach Energy.Artisan is an existing discovered resource in the Offshore Otway Basin…
The MISC Group revenue of RM2,891.4 million ($729 million) was 2.7% higher than the revenue for the period ended March 31, 2025.The increase was mainly due to higher revenue from the company’s Petroleum and Product Shipping segment, primarily driven by higher freight rates and earning days…
Vietnam's state energy firm Petrovietnam has invited investors to participate in an open tender for an offshore oil and gas block in the South China Sea, it said on Monday.The invitation is for the Block 17 in the Cuu Long basin, on the country's continental shelf…
Unity has secured more than $8 million (£6 million) in new contracts, including a multi-million-dollar North Sea well decommissioning project, as the Aberdeen-based well integrity specialist expands internationally.The company said the North…
Eni has signed three long-term agreements with the liquefied natural gas (LNG) sellers of the South Hub and North Hub gas projects in Indonesia to purchase LNG, strengthening its global LNG portfolio and expanding supply from the Southeast Asian country…
A unit of Indonesian state utility Perusahaan Listrik Negara said on Friday it had signed heads of agreement with Italy's Eni and Japan's Inpex to buy 830 cargoes of liquefied natural gas, or about 48.5 million metric tons, between 2027 and 2047…
Sercel announced the sale and delivery of 12,000 nodes of its WiNG wireless nodal system to OGDC, Pakistan's largest national oil & gas company. This new contract to equip a 3D seismic survey in the south of Pakistan marks OGDC’s first adoption of land nodal seismic acquisition technology…
Wood has secured a contract by China Offshore Oil Engineering Company (COOEC) to deliver detailed design work for QatarEnergy’s Bul Hanine EPIC2 offshore oil and gas redevelopment project in Qatar.The scope includes the design of 25 subsea pipelines…
Rockhopper Exploration has informed that the operator Navitas Petroleum is studying an accelerated expansion of the Sea Lion offshore oil development north of the Falkland Islands after signing a memorandum of understanding for a second floating production…
Indonesia is offering 13 oil and gas blocks in the first bidding round of 2026, with total estimated resources of 16 billion barrels oil and 81.85 trillion cubic feet of gas, senior energy ministry official Laode Sulaeman said on Wednesday.Here…
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