trends

(Bloomberg) – Saudi Aramco’s $12 billion share sale sold out shortly after the deal opened on Sunday, in a boon to the government that’s seeking funds to help pay for a massive economic transformation plan. […]

(WO) – In its latest operational report, Canada’s Surge Energy announced an “exciting” crude oil discovery in Hope Valley, Alberta. Source: Surge Energy Over the last four years, Surge assembled a 32.5 net […]

(WO) – As the UK Parliament is dissolved and campaigns enter their second full week, leading trade body Offshore Energies UK (OEUK) has challenged every candidate standing in the July 4th General Election to back […]

(WO) – Petrobras has awared Subsea7 a “super major” contract for the development of the Búzios 9 field approximately 180 km offshore Rio de Janeiro, Brazil, at 2,000 m water depth in the pre-salt Santos […]

(Bloomberg) – Hess Corp. shareholders approved the company’s proposal to be acquired by Chevron Corp. for $53 billion by a razor-thin majority of 51% of shares outstanding. Investors holding 157.6 million shares voted […]

(WO) – Seeq, a leader in industrial analytics, AI, and monitoring, and Equinor announced a multi-year commercial agreement for the Seeq Industrial Analytics and AI platform, to be leveraged across Equinor’s global assets to further […]

(WO) – India’s Oil and Natural Gas Corporation Limited (ONGC), supported by ABL as tow master and marine warranty provider, has moved a record high 45 drilling rigs to new locations ahead of the Indian […]

(WO) – ABL has been awarded a contract by China Offshore Oil Engineering Company (COOEC) to provide marine warranty survey (MWS) services for the build-out of the CRPO 122 project at the Safaniya oil field […]

(WO) – ARA Petroleum announced that the Ministry of Energy in Tanzania has granted a 25-year Development Licence over the Ntorya natural gas discovery area to the Ruvuma joint venture. The Development Licence […]

(Bloomberg) – Shell Plc is preparing to cut staff from its offshore wind business as Chief Executive Officer Wael Sawan moves the company away from the capital-intensive renewable energy sector. The British oil […]