
Norway oil sector faces potential strike action from 21 June
Norwegian offshore drilling rig workers will strike from 21 June if their annual wage negotiations with employers do not reach a satisfactory conclusion.

Norwegian offshore drilling rig workers will strike from 21 June if their annual wage negotiations with employers do not reach a satisfactory conclusion.

TotalEnergies has acquired 25% working interest in a portfolio of offshore exploration leases in US from Chevron.

Petrobras has signed three contracts for the completion of construction on Train 2 of the Abreu e Lima Refinery (RNEST) in Pernambuco, Brazil.

Baker Hughes has announced plans to acquire Continental Disc (CDC), for approximately $540m.

MEG Energy’s board of directors has unanimously recommended shareholders to reject Strathcona Resources’ unsolicited takeover bid.

Mitsubishi is reportedly in advanced discussions to acquire the US shale production and pipeline assets of Aethon Energy Management for an estimated $8bn.

The Cochin Port Authority (CoPA) has signed a MoU with OIL to establish a support base for offshore oil exploration in the Kerala-Konkan Basin of India.

TotalEnergies has acquired interests in several offshore blocks in Malaysia and one block in Indonesia from Petronas.

Asia is expected to dominate global liquids storage capacity additions, accounting for nearly 60% of the total additions by 2030.

Wood Group, in partnership with Tendrill International, has secured an engineering, procurement, and construction (EPC) contract from Brunei Shell Petroleum (BSP) for a period of five years.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.