“A consequential time for energy and the world,” was how S&P Vice Chairman Daniel Yergin began his opening remarks, as the 2025 session of CERAWeek by S&P Global kicked off on March 10th in the Hilton Americas hotel. The sentiment was echoed through the panels to follow and proved a central theme to the day’s...Continue Reading
“A consequential time for energy and the world,” was how S&P Vice Chairman Daniel Yergin began his opening remarks, as the 2025 session of CERAWeek by S&P Global kicked off on March 10th in the Hilton Americas hotel. The sentiment was echoed through the panels to follow and proved a central theme to the day’s...Continue Reading
BW Energy announced a substantial oil discovery on the Bourdon prospect in the Dussafu License offshore Gabon. “The Bourdon appraisal well again confirms the significant resource potential of the Dussafu license, which holds multiple additional prospects,” said CEO Carl Arnet. SourceContinue Reading
“A consequential time for energy and the world,” was how S&P Vice Chairman Daniel Yergin began his opening remarks, as the 2025 session of CERAWeek by S&P Global kicked off on March 10th in the Hilton Americas hotel. The sentiment was echoed through the panels to follow and proved a central theme to the day’s...Continue Reading
A Poland shipyard has ordered 6 × MAN 12V175D high-speed variable speed engines in connection with the construction of an OSV (Offshore Support Vessel) for DOF. Named ‘Sea Dragon’, the OSV is set to assist operations off the coast of Newfoundland, Canada. SourceContinue Reading
Egypt will launch a new licensing round, offering 13 exploration and production opportunities in a bid to further develop its hydrocarbon resources. With the government’s commitment to boosting E&P activities, Egypt is positioning itself as a leading player in the region’s energy landscape. SourceContinue Reading
Whitecap Resources and Veren today announced a strategic combination to create a leading light oil and condensate producer with concentrated assets in the Alberta Montney and Duvernay. The all-share deal holds a value of approximately $15 billion CAD ($10.4 billion USD), and the combined company will be the largest Alberta Montney and Duvernay landholder. SourceContinue Reading
MODS has secured a two-year contract to implement key modules from its MODS Connect software suite to enhance project efficiency, transparency, and digitalization across several of its energy clients’ offshore operations worldwide. SourceContinue Reading
Oil’s one-day advance wasn’t enough to rescue prices from a seventh straight weekly decline as the prospect of a temporary truce in Ukraine capped on-again, off-again tariff news that upended global markets. SourceContinue Reading
Norweigan oil company DNO has reached an agreement to acquire Sval Energi from HitecVision for a cash consideration of $450 million (USD) based on an enterprise value of $1.6 billion. The Sval Energi assets will enable DNO to quadruple its North Sea production. SourceContinue Reading
