News

The two-part agreement, with Equinor Brasil Energia Ltda., will see Prio Tigris, a subsidiary of Prio SA, acquire 40% and operatorship of Peregrino in the first part, and an ...
Cash flow from operations (CFFO) excluding working capital totaled $11.9 billion, while free cash flow came in at $5.3 billion, supported by lower-than-forecast capital expenditures. First-quarter ...
The vessel was specifically designed to transport liquefied CO₂ from onshore capture sites to offshore storage in the Danish part of the North Sea.
Petroineos Refining Ltd. (PRL) has permanently ended conventional processing activities at Petroineos Manufacturing Scotland ...
The contract, to SBM Offshore USA, calls for the wet tow and installation of a semi-submersible floating production unit for the deepwater US Gulf of Mexico development.
TotalEnergies and OQ, the Oman National Oil Company, have broken ground on the Marsa LNG plant in the port of Sohar, northern ...
The well was drilled to 8,910 ft TD, targeting untapped reserves following recent successes in adjacent Alamein field.
Worley will provide brownfield engineering and procurement services to the Karratha gas plant and King Bay supply base and the Pluto LNG plant.
The agreement stipulates the supply of up to 285 million bbl of condensate to Shell during its 25-year term, beginning in July 2025.
Panametrics' flare.IQ technology for reducing emissions, is featured in a report by the Net Zero Technology Centre and North ...
The agency’s latest weekly Petroleum Status Report notes that crude inventories are about 6% below the 5-year average for this time of year.
Transocean’s Deepwater Thalassa drillship is currently under contract to Shell but will be under contract to Woodside starting March 2026 and running to March 2029.