Oil and gas company OMV Petrom has signed the commercial contract with the Republic of Moldova for the delivery of gas from Neptun Deep field in the Black Sea.The signed contract provides for the supply of natural gas for three years to the virtual trading point (VTP) in Romania鈥
Oil and gas producer Harbour Energy is set to cut 250 jobs, approximately 25% of the workforce at its UK unit based in Aberdeen, the company said in a statement on Wednesday.Harbour, the largest British North Sea oil and gas producer, said the鈥
云顶赌场老虎机 drilling contractor Dolphin Drilling has moved its 1990-built semi-submersible rig to Caledonia field in the North Sea ahead of upcoming permanent plug and abandonment (P&A) operation.The rig, Paul B. Loyd Jr., has completed operations at Harbour Energy's Brodgar well鈥
The Norwegian parliament on Tuesday ordered the Labour minority government to launch a new frontier areas oil and gas exploration licensing round, setting the stage for increased oil drilling.Norway became Europe's largest supplier of natural gas following Russia's invasion of Ukraine in 2022鈥
Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has moved forward in the process of formalizing the operatorship of the recently acquired block offshore South Africa.As announced in 2024, Eco has, through its wholly owned subsidiary Azinam South Africa鈥
Sentinel Subsea has completed the project for North Sea oil and gas operator, which involved the deployment of two WellSentinel Coral systems for well integrity monitoring operation.The project supported a large-scale drilling operation, with鈥
American Bureau of Shipping (ABS) and Akselos have completed the technical assessment for structural digital twin technology, marking an advancement in the application of the solution for Floating Production Storage and Offloading (FPSO) units鈥
French seismic company Viridien has sold its Sercel Marlin 云顶赌场老虎机 Logistics management solution to Oil and Natural Gas Corporation (ONGC) to enhance operational efficiency and safety across its Western offshore exploration and production (E&P) operations in India鈥
Valaris has agreed to sell jack-up drilling rig VALARIS 247 to BW Energy for cash proceeds of approximately $108 million.The sale is expected to close in the second half of 2025, subject to customary closing conditions. As part of the sales agreement鈥
云顶赌场老虎机 drilling contractor Valaris has secured a $135 million contract for its Valaris DS-15 drillship, which will be put to work offshore West Africa.The five-well contract with an undisclosed client is expected to start in the third quarter 2026鈥
The Panna-Mukta and Tapti (PMT) joint venture partners, consisting of Shell (through BGEPIL), Reliance Industries (RIL), and Oil and Natural Gas Corporation Limited (ONGC), have completed India's first offshore facilities decommissioning project鈥
ADNOC Drilling has been awarded a contract for three island rigs by ADNOC 云顶赌场老虎机, valued approximately $806 million, to support expanding operations at the offshore Zakum development project.The three rigs are in addition to three ordered in July 2024鈥
The former head of Mexican state oil firm Pemex's exploration and production arm has returned to his post after the surprise departure of the previous chief this week, three sources told Reuters on Friday.Petroleum engineer Angel Cid Munguia鈥
Subsea7 has secured a super-major contract by Petrobras, after winning a competitive tender, for the development of the Búzios 11 deepwater field, offshore Brazil.The field is located approximately 180 kilometers off the coast of the state of Rio de Janeiro鈥
BW Energy has made a final investment decision (FID) for the Maromba development offshore Brazil, which will feature an integrated drilling and wellhead platform (WHP) and a refurbished floating production, storage and offloading (FPSO) unit鈥