Japan unveils a $10B fund to aid Asia in securing oil as Middle East tensions rise. Protecting supply chains and fostering ...

Offshore drilling contractor ADES Holding has secured multi-year contracts for three premium jack-up rigs offshore Nigeria ...

Brazil’s Petrobras has signed an agreement to acquire a 75% stake and assume operatorship of Block 3 offshore São Tomé and ...

Energy data and intelligence firm TGS has signed a strategic agreement with the Republic of Equatorial Guinea to acquire, ...

A unit of Indonesia’s Pertamina has signed a production sharing contract (PSC) for the Lavender block, spanning onshore and ...

Evolve Energy has signed a long-term power purchase agreement with Shell Energy Europe to secure electricity from the Race Bank offshore wind farm in the North Sea. The agreement runs until 2035 and ...

The Egyptian cabinet approved on Thursday a draft for a gas and oil exploration agreement in the Lotus offshore area in the ...

Astro Offshore has added a new ultra-deepwater multi-purpose support vessel (MPSV) to its fleet, strengthening its subsea ...

Exciting news! Transocean's Deepwater Corcovado drillship secures a $445M contract extension with Petrobras, extending work ...

It will take about two years to recover the energy output lost in the Middle East from the conflict there, Fatih Birol, the ...

Offshore drilling contractor Stena Drilling has secured a contract by Energean for an exploratory drilling campaign offshore ...

Eni is back in the oil game!  After almost two years, a 1-million-barrel cargo of Venezuelan crude is en route to Spain.