Category: News

The US Department of the Interior has announced a policy update by the Bureau of Land Management (BLM) to expedite the oil and gas leasing process on public lands.

Woodside Energy and Aramco have signed a non-binding agreement to explore potential collaborations in the Louisiana LNG project and securing LNG offtake rights.

Commonwealth LNG and KTG have finalised binding agreements with Glencore to establish a strategic partnership in natural gas and LNG.

Tullow Oil has signed a share and purchase agreement with Gabon Oil Company to sell its entire working interests in Gabon.

Drilling waste management company TWMA has secured a contract from bp to provide its services in the UK North Sea.

Seatrium has announced a major contract win from Höegh Evi, Norway, to convert an LNG carrier into a FSRU.

Saudi Aramco, has projected that oil demand will remain robust throughout the year, with potential for additional growth if the ongoing US-China trade disputes are resolved.

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.