Brazilian state-owned oil and gas giant Petrobras has taken steps to become the sole owner of a portion of the ring-fence of a field in BC-10 Concession in the Campos Basin, currently held by Shell Brasil Petróleo, a subsidiary of UK-headquartered Shel…
Petrobras widens its oil & gas footprint in Brazil’s Campos Basin Read More »
UK-headquartered energy giant Shell has made a move to strengthen its liquefied natural gas (LNG) arsenal through a multibillion-dollar cash‑and‑share deal for the acquisition of Canada-based ARC Resources.
The post Shell enriches gas business with $1…
Shell enriches gas business with $16.4 billion ARC Resources takeover Read More »
Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has portrayed the oil and gas production from the North Sea as a backbone of the nation’s security of supply to prevent over-reliance on imports and continue to pursue …
North Sea oil & gas seen as linchpin of UK’s energy security and net zero transition Read More »
Singapore-based offshore, marine, and energy solutions provider Seatrium has brought to a close the disposal of its tugboat fleet as it continues its mission to part ways with non-core assets in its portfolio.
The post Seatrium ticks tugboat fleet sale…
Seatrium ticks tugboat fleet sale off non-core asset divestment list Read More »
African energy exploration player Rhino Resources has booked a drillship from Italy’s Saipem to undertake appraisal activities at a light oil-bearing reservoir discovery made during a drilling campaign on Block 2914 in the Orange Basin off the coast of…
Saipem’s drillship tasked with appraising Namibia’s light oil discovery Read More »