Eni has reached financial close with the UK Government’s Department of Energy Security and Net Zero (DESNZ) for the Liverpool Bay CCS (carbon capture and storage) project.
SLB has indicated a potential downturn in spending by oil producers and highlighted the impact of tariffs on its operations.
Vallourec has secured a contract from Kuwait Oil Company (KOC) to supply Oil Country Tubular Goods (OCTG) for drilling operations.
Potential regulation against PFAS means companies require innovative, sustainable materials as alternatives to fill the gap.
Wison New Energies (WNE) has secured a contract to perform a detailed feasibility study (DFS) for a new-build Floating Liquefied Natural Gas (FLNG) facility in Suriname’s Offshore Block 52.
The National Bank of Ukraine has announced a requirement of $2.9bn to fund gas imports in 2025, following significant damage to the country’s gas production facilities by Russian missile and drone attacks.
Russia and Iran have reached a preliminary agreement on annual gas supplies of 55 billion cubic metres (bcm), with the pricing yet to be finalised.
Cairn Oil & Gas has partnered with EMGS to perform a 3D CSEM survey in the deepwater Krishna-Godavari (KG) Basin off India’s east coast.
TechnipFMC saw its order backlog increase 17.2% to $15.82bn in the first quarter of 2025, compared with $13.49bn in the same period last year.
Orlen and Naftogaz of Ukraine have signed a new agreement for the supply of an additional 100mcm of natural gas to Ukraine.
