Category: News

DNO, a Norwegian oil and gas operator, has reported oil and gas discovery in the northern North Sea license PL1182 S, where it holds a 40% operated interest.

LN Energy has agreed to acquire the entire outstanding issued share capital of LNEnergy S.r.l., the Italian company holding a 90% interest in the Colle Santo gas field in Italy’s Abruzzo region.

McDermott has been selected by Shell Global Solutions International for an Enterprise Framework Agreement (EFA) covering engineering and procurement services.

Baker Hughes has announced a multi-year contract with Dubai Petroleum Establishment (DPE), on behalf of Dubai Supply Authority (DUSUP), to deliver integrated coiled-tubing drilling services for the Margham Gas storage project in Duabi.

A fuel station supplier has filed a lawsuit against Trive Capital and two of its portfolio companies in federal court in Iowa claiming that the companies restricted competition in the US Midwest for gas pump distribution and servicing, which led to increased fuel prices.

Australian exploration company Omega Oil and Gas has announced successful flow test results from its Canyon-1H horizontal well in Queensland’s Bowen Basin.

OMV Petrom and ROMGAZ have commenced drilling the first well in the Neptun Deep project, whicb is claimed to be the largest natural gas project in the Romanian Black Sea and the first deepwater offshore project in Romania.

MODEC has inked a purchase and sales agreement and secured a 20-year contract for the operations and maintenance of the floating production storage and offloading (FPSO) vessel for Shell’s Gato do Mato project.

The UK’s North Sea oil and gas regulator North Sea Transition Authority (NSTA) has increased its investment and production forecasts for the coming years, after 2024 figures exceeded expectations.

UK-based Ithaca Energy has signed a sale and purchase agreement to acquire the complete issued share capital of JAPEX UK E&P from Japan Petroleum Exploration.