
Saipem’s shareholders approve of merger with Subsea7
Italian oil field services company Saipem announced that its shareholders have approved its previously announced merger with Norwegian subsea contractor Subsea7.

Italian oil field services company Saipem announced that its shareholders have approved its previously announced merger with Norwegian subsea contractor Subsea7.

Nigerian regulator has withdrawn its approval for TotalEnergies’ intended sale of a minority stake in a Nigerian onshore oil producer.

The Kurdistan region of Iraq and most oil firms operating in the region have signed an agreement in principle to resume crude exports, though the deal still requires approval from the Iraqi federal government.

Exxon Mobil, Petrobras, and TechnipFMC have raised objections to the planned merger between Italy’s Saipem and Norway’s Subsea 7, urging Brazil’s antitrust regulator to block the transaction, reported Bloomberg, which had seen the documents.

Pharos Energy has secured approval from the Egypt General Petroleum Corporation (EGPC) for a new consolidated concession agreement.

BOTAS, a Türkiye based state energy company, has entered a 20-year agreement with trading company Mercuria for the purchase of approximately 4 billion cubic metres(bcm) of liquefied natural gas (LNG) annually from 2026.

Norway’s oil and gas production in August 2025 surpassed forecasts, according to the Norwegian Offshore Directorate (NOD).

Honghua Group, a Chinese energy technology firm, has reportedly introduced an intelligent fracturing solution designed to enhance the efficiency and automation of unconventional oil and gas extraction.

TechnipFMC has secured a contract from Petrobras for subsea production systems, following a competitive bidding process.

Equinor has commenced production from the Askeladd Vest subsea field in the Barents Sea, located off the coasts of Norway.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.