The Association of the Petroleum Industry of Kurdistan (APIKUR) has spoken out condemning attacks on oil production sites operated by APIKUR member companies in Iraq’s Kurdistan Region that occurred on July 15 and July 16, 2025. SourceContinue Reading
Seatrium Limited has announced the impending delivery of the P-78, the first of a series of turnkey FPSOs to Brazil’s Petrobras. Upon delivery, the P-78 will be deployed in Brazil’s prolific Buzios field, the largest global deepwater oil field. SourceContinue Reading
Venture Global and Itay’s Eni today announced the execution of a new Sales and Purchase Agreement (SPA) for the purchase of 2 MMtpa of liquefied natural gas (LNG) from CP2 LNG, Venture Global’s third project, for 20 years. This deal marks Eni’s first ever long-term agreement with a U.S. LNG producer. SourceContinue Reading
EnQuest has been awarded a Production Sharing Agreement (PSA) for Block C in Brunei by the Petroleum Authority of Brunei Darussalam (PABD). Block C is located offshore Brunei Darussalam and hosts the condensate-rich gas discovered fields of Merpati, Meragi and Juragan. SourceContinue Reading
SLB has completed its previously announced $7.8 billion acquisition of ChampionX, enhancing its oil production and recovery portfolio. The announcement follows a period of regulatory delays amid competition concerns, with the final regulatory hurdle being cleared yesterday by UK’s Competition and Markets Authority. SourceContinue Reading
Senior leaders from government and industry will set the tone for SPE Offshore Europe 2025, opening the event with a 90-minute plenary session at P&J Live, Aberdeen from 2-5 September 2025 under the theme ‘Unlocking Europe’s Potential in Offshore Energy.’ SourceContinue Reading
Argent LNG has initiated a comprehensive EPC partner review in preparation for entering the Federal Energy Regulatory Commission (FERC) pre-filing and permitting process for its 25 MMtpa LNG export project in Port Fourchon, Louisiana. SourceContinue Reading
TechnipFMC has secured a significant integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for its Heidrun extension project in the Norwegian North Sea. SourceContinue Reading
The U.S. may depart the International Energy Agency without changes to forecasting that Republicans have criticized as unrealistically green, President Donald Trump’s energy chief said. SourceContinue Reading
Sulzer’s new facilities will support essential industries in the region, including oil and gas and power generation. The expansion underlines Sulzer’s global strategy of establishing full-service, in-region capabilities to meet the needs of its industrial customers. SourceContinue Reading
