Brazilian state-run energy giant Petrobras seeks to attract fresh Chinese investments to Brazil's oil and gas sector, especially in the naval sector, it said on Tuesday, as Chief Executive Magda Chambriard visits the Asian country.Chambriard and President Luiz Inacio Lula da Silva's chief of staff鈥
On April 18, 2025, the Department of the Interior announced that the Bureau of Ocean Energy Management (BOEM) would soon initiate the first step in an engagement process to develop the 11th National Outer Continental Shelf Oil and Gas Leasing Program (National OCS Program)鈥
Phoenix International Holdings, Inc. announced that Scott Hansen has joined the company as Project Manager (PM) for the Autonomous Underwater Vehicle (AUV) Division.Scott brings to Phoenix 20 years of experience in Marine Engineering and Remotely Operated Vehicles (ROVs)鈥
Nexans has secured a contract by Interconnect Malta (ICM) to deliver high-voltage subsea cable for Malta鈥檚 second interconnector.The new high-voltage alternating current (HVAC) link will reinforce Malta鈥檚 electricity system, ensuring a stable and resilient energy supply鈥
Chinese offshore oil and gas major CNOOC first-quarter net profit fell 7.9%, weighed down by weaker oil prices, though higher output helped stem the decline.Net income for January-March was 36.56 billion yuan ($5.03 billion), versus 39.7 billion yuan in the same period last year鈥
LS Marine Solution has secured $15.8 million subsea cable laying contract for work at an offshore wind farm being developed by Taiwan Power Company (Taipower), off Taiwan.The contract marks LS Marine Solution鈥檚 first international power grid鈥
Egyptian Natural Gas Holding Company (EGAS) and ExxonMobil have signed a memorandum of understanding (MoU) to strengthen the collaboration for Mediterranean Sea oil and gas exploration.The MoU was signed to establish the necessary foundations for developing the agreements system if ExxonMobil Egypt鈥
Akrake Petroleum, Rex International's indirect subsidiary, has signed contracts for a Mobile Production Unit (MOPU) and an Aframax tanker to be used as a Floating Storage and Offloading (FSO) unit for its Seme field, off Benin.The MOPU will be converted from a medium-sized drilling rig鈥
Technip Energies has secured a detailed engineering design contract by India鈥檚 EPC contractor Larsen & Toubro (L&T) for the expansion of QatarEnergy LNG鈥檚 North Field, one of the largest natural gas fields the world.Under the contract, Technip Energies鈥
The Norwegian 云顶赌场老虎机 Directorate has granted Aker BP a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 25/1-14 in production license 873 B, which is operated by Aker BP, with a 47.7% working interest.Aside from Aker BP鈥
Woodside has made a final investment decision to develop the three-train, 16.5 million tonne per annum (Mtpa) Louisiana LNG project, targeting the first LNG in 2029.Development of Louisiana LNG will position Woodside as a global LNG powerhouse鈥
BP on Tuesday reported a deeper-than-expected 48% drop in net profit to $1.4 billion on weaker refining and gas trading and announced the departure of its strategy chief.CEO Murray Auchincloss is in under pressure from activist investor Elliott to improve profitability and cut costs鈥
Noble Corporation has reported that its contract drilling services revenue for the first quarter of 2025 totaled $832 million compared to $882 million in the fourth quarter of 2024, with the sequential decrease driven primarily by the benefit鈥
Equinor and Polenergia have secured a final environmental decision for Ba艂tyk 1 offshore wind farm from the Regional Director for Environmental Protection (RDO艢) in Gda艅sk, Poland.This marks a milestone in the further development of what could鈥
German engineering firm Jörss - Blunck - Ordemann (JBO) has secured two offshore wind foundation design contracts with asset manager Luxcara for projects in the German exclusive economic zone (EEZ).The contracts are for Waterkant and Waterekke offshore wind farms鈥
