
Seatrium and bp sign MOU for second deepwater FPU project
Seatrium and bp sign Memorandum of Understanding for second deepwater Floating Production Unit project.
Stay up to date with the latest news and updates from the oil industry.

Seatrium and bp sign Memorandum of Understanding for second deepwater Floating Production Unit project.

ORLEN is currently operating three gas fields in the County of Jarocin and plans to explore additional prospects in the area.

Svanehøj to supply CO2 pumps for the onshore facility and the first LCO2 carrier for Project Greensand.

Impact Oil & Gas Ltd has provided an update on its operations at the Tamboti-1X exploration well and announces spudding of Marula-1X exploration block 2913B (PEL 56) offshore Namibia.

McDermott has announced the completion of transportation, installation, and commissioning activities for the Kikeh subsea gas lift project, awarded by PTTEP Sabah Oil Limited (PTTEP) in 1Q24.

CNOOC Limited has announced that Bozhong 26-6 Oilfield Development Project (Phase I) has commenced production.

Forecasted progress of the UK’s decarbonisation is impressive, with predicted reductions in greenhouse gas emissions by 58% by 2030, 68% by 2035 and 82% by 2050, against 1990 levels, but not reaching net zero.

Energy and marine consultancy ABL has been awarded a contract to provide marine warranty survey (MWS) services to Saipem, to support the marine transportation and installation (T&I) operations relating to Libya’s Bouri Gas Utilisation Project (BGUP).

The US Senate on Monday 3 February confirmed Chris Wright, a fracking executive, to be President Donald Trump's energy secretary.

The award leverages the existing strategic subsea partnership agreement between the two companies for standardised subsea equipment, supporting multiple upcoming oil and gas developments on the Norwegian Continental Shelf (NCS).

Baker Hughes, an energy technology company has announced three new electrification technologies that will provide enhanced reliability, increased efficiency and reduced emissions for onshore and offshore operations.

According to Rystad Energy, upstream merger and acquisition (M&A) activity is expected to slow significantly in 2025 following two years of record-high transactions driven by US shale mergers.