Norway M&A looks healthy with signs emerging of new entrants
Good health of local oil and gas sector makes assets sales viable while new players consider coming in Mergers and…
International
Oil Prices Rise on Eased Trade Tensions
Oil and most other commodities powered higher, while gold fell, after China and the US ratcheted down trade tensions that…
International
ADNOC Drilling CFO sees $500 million of acquisitions this year
The drilling unit of the United Arab Emirates’ biggest oil company expects to make three acquisitions in the second half…
International
‘Larger’ slice for oil & gas exploration on Norway’s new offshore licensing menu
Norway’s Ministry of Petroleum and Energy has launched the award in pre-defined areas 2025 (APA 2025) round for oil and…
International
Dolphin Drilling’s 1990-built rig moves to P&A ops in North Sea
Norway-headquartered offshore drilling contractor Dolphin Drilling has confirmed that its 35-year-old semi-submersible rig is now focused on its plug and…
International
Modec seeks more engineers to boost global workforce
FPSO specialist opens new centre in India Japanese floating production, storage and offloading specialist Modec is looking to recruit even…
International
Commonwealth LNG Inks 20-Year Offtake
Commonwealth LNG has roped in an unnamed “major” Asian customer with the signing of a deal for the supply of…
International
Wood boosts North Sea operations with triple extension awards
Wood, a global leader in consulting and engineering, has secured a trio of reimbursable contract extensions worth $118 million to…
International
Eco Atlantic Moves Forward with Orange Basin Offshore Block Plans
Eco (Atlantic) Oil & Gas, an Atlantic Margin-focused oil and gas exploration company, has moved forward in the process of…
International
Valaris parts ways with 27-year-old jack-up rig for $108 million
Bermuda-headquartered offshore drilling contractor Valaris is divesting a jack-up from its rig fleet to boost its financial flexibility. The rig…
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