Industry News

Last year, Petrobras put four new platforms into operation.

'This would be a sizeable jump from the 27 high impact wells drilled last year'.

Europa said it intends to use the extension to carry out further technical studies and allow more time to secure a partner to advance development of the license.

NextEra Energy Partners performed at a loss but posted $112 million in net income for the fourth quarter thanks to holdovers from discontinued operations.

The pipeline operator cited higher interest rates, economic uncertainty and unspecified geopolitical developments.

The CAPEX guidance increase reflects additional capital costs incurred by the Who Dat, Dome Patrol and Abilene joint ventures.

Under the agreement, deliveries will begin in 2026 and continue for 10 years across India.

Walton Morant is an offshore exploration block measuring 8,649 square miles (22,440 square kilometers) and located south of Jamaica.

Poland will probe the merger of its two biggest refiners.

West Texas Intermediate crude rose to settle near $78 a barrel, bolstered by a wave of technical trading.

The government issued joint plans to prevent risks to the endangered North Atlantic right whale species from offshore wind energy installations.

Equinor canceled a power supply agreement with New York state for the Beacon Wind project and entered a deal to fully transfer the lease to partner BP in exchange for the latter's stake in similarly costs-hit Empire Wind.

The event occurred 'during normal pipelaying operations'.

BP's new Chief Executive Officer Murray Auchincloss has an opportunity to shift the strategy.

Walton Morant is an offshore exploration block measuring 8,649 square miles (22,440 square kilometers) and located south of Jamaica.

'A large part of this narrative is the view that demand growth has been consistently disappointing relative to expectations'.

'Innovative thinking remains vibrant across the industry'.

Under the agreement, Excelerate will purchase up to one million mtpa of LNG from QatarEnergy on a delivered ex-ship basis in Bangladesh for 15 years.

The HoA is the first step in the commercialization of the assets and could potentially lead to a gas sales and purchase agreement for the NDUM fields offshore Vietnam.

Leonhard Nilsen & Sonner has won a $143.9 million contract for electrification work for Snohvit Future, a project to ensure continued operation of the gas and condensate field and a connected LNG plant.