Perenco Vietnam and its partners in Block 15-1 have signed a new Production Sharing Contract (PSC) with the Socialist Republic of Vietnam, marking the beginning of a new 25-year chapter for the group in the country. SourceContinue Reading
Seatrium has been awarded a Floating Storage Regasification Unit (FSRU) conversion contract from Kinetics, an energy transition initiative by Karpowership. The project involves the conversion of an LNG carrier (LNGC) into an FSRU named LNGT Turkiye. SourceContinue Reading
The Energy Workforce & Technology Council (EWTC) on Thursday released its June 2025 jobs report, reflecting a modest dip in employment within the energy services sector amid continued economic uncertainty. SourceContinue Reading
Germany has given the green light for drilling as much as 13 billion cubic meters (Bbcm) of natural gas at a protected marine site in the North Sea in a controversial step to bolster energy security following the Russia-Ukraine war and subsequent energy crisis. SourceContinue Reading
HCLTech and Equinor have expanded their IT collaboration to support the next phase of Equinor’s digital transformation. This expanded relationship will cover Equinor’s IT landscape across several key strategic areas. SourceContinue Reading
U.S. shale executives expect to drill significantly fewer wells this year than planned at the start of 2025, as lower oil prices and uncertainty around President Donald Trump’s tariffs hurt profits, according to a Federal Reserve Bank of Dallas survey. SourceContinue Reading
DNO ASA entered into an offtake agreement with France’s ENGIE SA for DNO’s Norwegian gas production and secured a related offtake financing facility with a major U.S. bank for up to $500 million. SourceContinue Reading
Mozambican President Daniel Chapo said his government and private companies will have to collectively ensure the necessary security is in place to enable TotalEnergies to restart construction of a $20 billion gas project that has stalled due to a militant insurgency — and even then, risks will remain. SourceContinue Reading
Chevron Corp. and TotalEnergies SE are competing in Libya’s first energy exploration tender since the 2011 conflict, the country’s state-run oil firm said, as the OPEC member looks to oil majors to help ramp up production to a record. SourceContinue Reading
Cunningham Natural Resources Corp. (CNRC) have announced that Aruna Holdings LLC has acquired 80% of the company. The deal includes a change of name to Surya Oil and Gas Corp. (SOGC), and the licensing and deployment of Surya’s proprietary Kubera™ technology. SourceContinue Reading
