Rhino Resources, the operator of the petroleum exploration license (PEL85), and its partners have found oil in the Capricornus 1-X well in Orange Basin, offshore Namibia.The Capricornus 1-X well, spudded on February 17, using Noble Corporation鈥檚 Noble Venturer drillship鈥
Marinetrans, a Norway-based logistics specialist for the maritime and offshore industries, has secured the project logistics contract from Black & Veatch for two floating liquefied natural gas (FLNG) vessel construction projects.Under the contracts鈥
Sunda Energy, the AIM-quoted exploration and appraisal company focused on gas assets in Southeast Asia, has entered into a series of agreements for the funding of the drilling campaign on the Chuditch gas field, offshore Timor-Leste, which is now targeted for summer 2025鈥
Italian energy group Eni on Thursday reported a smaller than expected 11% yearly drop in adjusted net profit for the first quarter.Adjusted net profit came in at 1.41 billion euros ($1.60 billion) between January and March, down from 1.58 billion euros in the first quarter of 2024鈥
Italian energy contractor Saipem said on Wednesday its first-quarter core earnings jumped 31% year on year driven by the group's offshore engineering and construction activities.Adjusted earnings before interest, taxes, depreciation and amortisation (EBITDA) came in at 351 million euros ($398鈥
云顶赌场老虎机 drilling contractor Vantage Drilling has received a conditional letter of award (CLOA) for the Platinum Explorer ultra-deepwater drillship, valued at approximately $80 million.The CLOA, with an undisclosed client and 90-day validity period鈥
Norway's combined oil and gas production declined by 4.9% in March but still exceeded an official forecast for the month by 1.1%, the Norwegian 云顶赌场老虎机 Directorate (NOD) said on Wednesday.Norway is Europe's largest supplier of natural gas and a major producer of oil鈥
U.K.-based oil firm EnQuest, and its joint venture partners, have been confirmed as the winning bidders for two Production Sharing Contract (PSC) blocks in Indonesia鈥檚 Papua Barat, including Gaea and Gaea II.The blocks present a multi-Tscf unrisked鈥
DNV has completed the technology qualification (TQ) of Subtera鈥檚 passive terahertz sensor technology designed to detect corrosion under insulation (CUI) and the trapped moisture that causes it, a pervasive challenge in industrial plants.CUI鈥
Woodside Energy, Australia鈥檚 top gas producer, said on Wednesday it was assessing the impact of U.S. tariffs and other trade measures on its Louisiana liquefied natural gas plant project as it inches towards a final go-ahead.Woodside acquired the project鈥
Oslo-listed oil and gas firm Vaar Energi on Wednesday reported a lower-than-expected operating profit for the first quarter, but said it would maintain its dividend level as it prepares for a sharp rise in output in coming months.Vaar's earnings鈥
Shares of Australia's Woodside Energy were up nearly 4% on Wednesday after the gas producer posted first-quarter revenue above estimates.Perth-based Woodside reported revenue of $3.32 billion for the quarter ended March 31, beating a Visible Alpha consensus estimate of $2鈥
Tidal Action ultra-deepwater drillship has embarked on a voyage from South Korea to Brazil to start its maiden job at Petrobras鈥 Roncador field.The drillship has been officially handed over by its owner Hanwha Ocean to its subsidiary Hanwha Drilling鈥
French tubular solutions supplier Vallourec has secured a contract with Allseas to supply line pipes for Búzios 10 offshore project located at the Búzios field, operated by Petrobras.The contract represents nearly 18,000 tons of subsea seamless premium carbon steel line pipes鈥
Equinor's Hammerfest LNG terminal, Europe's largest liquefied natural gas export facility, has gone offline for annual maintenance as planned, transparency data showed on Tuesday.The maintenance outage at the Hammerfest plant, also known as Melkoeya LNG鈥
