Global oil and gas contracts reported a quarter-on-quarter decrease in total disclosed value, with $33.33bn in the first quarter (Q1) of 2025 as compared to $39.43bn in Q4 2024.
Prosafe has emerged as the successful bidder in Petrobras’ tender for a four-year contract, offering the Safe Notos semi-submersible vessel for safety and maintenance support offshore Brazil.
The Indian government will retain pre-emption rights over all oil and natural gas produced within the country in the event of a national emergency.
On the evening of 20th March 2025, the Ertha Energy family gathered at the elegant Royale Chulan Kuala Lumpur for a heartwarming Berbuka Puasa feast. The event brought together employees from all walks of life in a shared moment of reflection, gratitude, and cultural celebration during the blessed month of Ramadan. Adding a touch of elegance and heritage to the evening, all staff came dressed in beautiful traditional Malay attire and batik designs, showcasing Malaysia’s rich cultural identity and unity in diversity.
Brazil’s Petrobras has reported a 48.6% increase in net profit to 35.2bn reais ($6.21bn) in the first quarter of 2025 compared to the same period last year, bolstered by non-recurring events.
The US House Energy and Commerce Committee has proposed a $2bn budget to replenish and maintain the Strategic Petroleum Reserve.
As the world strives to lower carbon emissions and move away from hydrocarbons, does reusing pipelines offer a cost-effective opportunity for the energy transition or an engineering headache?
Höegh Evi has entered into a ten-year time charter agreement with the Egyptian Natural Gas Holding Company (EGAS) for the deployment of the Höegh Gandria.
Norway has launched the country’s 2025 offshore licensing round for pre-defined areas, with awards expected to be announced in early 2026.
Thailand has expressed interest in co-developing the $44bn Alaska gas pipeline project, a move aimed at reducing its trade surplus with the US.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.
