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.
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.
Blue Sky Global Energy has signed a LoI with Blue Sky Resources to fully acquire oil and gas assets in British Columbia and Alberta, Canada.
The US FERC has issued the final supplemental EIS for Venture Global’s CP2 LNG export project in Louisiana.
