(WO) — Cnooc Ltd. posted a rise in Q3 profit after the company offset lower crude oil prices with increased output. The state-owned firm has a prominent role in raising output to meet targets for energy security, a task that has greater importance as the geopolitical landscape becomes more uncertain. SourceContinue Reading

(WO) — Vantage Drilling International announces the first day of trading its shares on Euronext Growth Oslo. The listing follows a series of value accretive transactions, including the previously announced MoU with TotalEnergies. SourceContinue Reading

(WO) — Baker Hughes has won contracts with Petrobras to provide flexible pipe systems in Brazil’s pre-salt fields. The multi-year project includes risers and flowlines for hydrocarbon production and associated gas and water injection with support for equipment storage, maintenance and installation. SourceContinue Reading

(WO) — Saudi Aramco’s venture arm has earmarked $100 million to invest in artificial intelligence startups as it looks to accelerate Saudi Arabia’s push to become a more competitive force in global AI. SourceContinue Reading

(WO) — Oil, gas and coal producers stand to gain from a Trump victory in myriad ways, with Trump promising to reverse many Biden policies that have hindered the industry. SourceContinue Reading

(WO) — Film-Ocean Ltd, a leading ROV specialist based in Ellon, Aberdeenshire, has announced the appointment of Mr. Merv New as its new Chief Executive Officer. SourceContinue Reading

(WO) — Venezuela’s Vice President Delcy Rodríguez met with Indian energy officials on Friday to explore new oil and gas partnerships between both countries.  SourceContinue Reading

(WO) — Techouse has teamed up with TotalEnergies, Equinor and SINTEF Energy Research, to develop and test a compact, lightweight once-through steam generator (OTSG) to reduce fuel consumption and CO2 emissions from offshore oil and gas installations. SourceContinue Reading

(WO) — Suriname, which is on the verge of becoming a major South American energy producer, is ruling out more borrowing against future oil production, according to its finance minister. SourceContinue Reading

(WO) — Leading trade body Offshore Energies U.K. (OEUK) urges the Chancellor to use next week’s Autumn Statement to back the U.K.’s homegrown offshore energy sector and make the U.K. an irresistible place for energy investment. SourceContinue Reading