Norwegian CO2 transport and storage project gathers three industry majors

04 May, 2026

Aker Solutions, Knutsen NYK Carbon Carriers (KNCC), a joint venture of Knutsen Group and NYKLine, and Vår Energi CCS AS, the project’s operator, have signed a memorandum of understanding (MoU) to advance the Trudvang CO2 transportation and ...

Eighth FPSO at Brazil’s giant deepwater field begins producing, four to go

04 May, 2026

Brazilian state-owned oil & gas giant Petrobras has commenced production from the eighth floating production storage and offloading (FPSO) vessel at the Búzios field offshore Brazil earlier than planned. FPSO P-79 is the eight of the 12...

NextGeo’s contract with Saipem offshore Libya increased by €4-6 million

04 May, 2026

Italy’s Next Geosolutions (NextGeo) has secured an expansion of its work scope at a gas project in North Africa under a contract awarded by compatriot engineering, drilling, and construction services giant Saipem at the end of 2025. NG Work...

Southeast Asia’s deepwater gas expansion faces ‘fragile economics’ challenge

04 May, 2026

As Southeast Asia’s second wave of deepwater gas projects targets a 28 trillion cubic feet (tcf) supply, Wood Mackenzie, an energy intelligence group, has shed light on the way operators can navigate what it describes as ‘fragile economics’...

Okeanis Eco Tankers locks in $190m financing for tankers and leaseback exit

04 May, 2026

Greek tanker owner Okeanis Eco Tankers has lined up $190m in new loan facilities to fund vessel acquisitions and buy back ships tied to sale-and-leaseback deals. The New York- and Oslo-listed company, controlled by the Alafouzos family, con...

NextGeo ups its stake in Rana Subsea to 82.5%

04 May, 2026

Italy-headquartered Next Geosolutions (NextGeo) has exercised the call option to acquire a further circa 7.1% of Rana Subsea, a compatriot subsea services company established in 1964, bringing its share capital to 82.5%. Next Geosolutions/I...

Fast-tracking approvals process key to unlocking Australia’s new oil & gas projects

04 May, 2026

Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has applauded a commitment to stable policy settings for the energy future, as encouraging investment in early-stage exploration...

18 companies secure a share of €1.56 billion as Equinor extends key agreements

04 May, 2026

Norwegian state-owned energy giant Equinor is extending key supplier agreements for drilling and well services on the Norwegian Continental Shelf (NCS) with a combined value of around NOK 17 billion (approximately €1.56 billion), set to emp...

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Norwegian CO2 transport and storage project gathers three industry majors

Eighth FPSO at Brazil’s giant deepwater field begins producing, four to go

NextGeo’s contract with Saipem offshore Libya increased by €4-6 million

Southeast Asia’s deepwater gas expansion faces ‘fragile economics’ challenge

Okeanis Eco Tankers locks in $190m financing for tankers and leaseback exit

NextGeo ups its stake in Rana Subsea to 82.5%

Fast-tracking approvals process key to unlocking Australia’s new oil & gas projects

18 companies secure a share of €1.56 billion as Equinor extends key agreements