Latest Headlines
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DeepOcean Awarded IMR Contract Extension By Equinor
12/11/2025
Ocean services provider DeepOcean has been awarded an extension to its existing frame agreement with Equinor for the provision of subsea inspection, maintenance, and repair (IMR) services.
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Gulf of America Lease Sale 'A New Generation Of Opportunity' For Offshore Energy Development
12/10/2025
The American Petroleum Institute (API) today released the following statement from Vice President of Upstream Policy Holly Hopkins after the Department of the Interior’s Bureau of Ocean Energy Management held Lease Sale BBG1 in the Gulf of America.
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McDermott Awarded EPCIC Contract For Natural Gas Development Project Offshore Brunei
12/9/2025
McDermott has secured a subsea contract from PETRONAS Carigali Brunei Ltd. for engineering, procurement, construction, installation and commissioning (EPCIC) of a natural gas development project offshore Brunei Darussalam.
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ExxonMobil Raises Its 2030 Plan – Transformation Delivering Higher Earnings, Stronger Cash Flow, And Greater Returns
12/9/2025
ExxonMobil today updated its Corporate Plan through 2030. The Plan’s increased earnings and cash flow outlook reflects stronger contributions from advantaged assets, a more profitable business mix, and lower operating costs; all driven by the company’s unique set of durable competitive advantages and its successful multi-year transformation.
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Antero Midstream Announces Strategic $1.1B Acquisition Of Marcellus Shale Assets And Ohio Utica Divestiture
12/8/2025
Antero Midstream Corporation (NYSE: AM) ("Antero Midstream" or the "Company") today announced that it has entered into a definitive agreement to acquire HG II Energy Midstream Holdings, LLC ("HG Midstream") from HG Energy II, LLC ("HG Energy") for $1.1 billion in cash, subject to customary closing adjustments.
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Antero Resources Announces Strategic Transactions With Marcellus Acquisition And Utica Divestiture
12/8/2025
Antero Resources Corporation (NYSE: AR) ("Antero Resources," "Antero," or the "Company") today announced it has entered into a definitive agreement to acquire the upstream assets of HG Energy II, LLC ("HG Energy") for total consideration of $2.8 billion in cash plus the assumption of HG Energy's commodity hedge book, subject to customary closing adjustments.
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Fluor Joint Venture Hands Over Second Production Train To LNG Canada
12/8/2025
Fluor Corporation announced today that Fluor, with its Joint Venture partner JGC Corporation, has completed Train 2 of the LNG Canada Project, marking the completion of the first phase of Canada’s first LNG mega-project in Kitimat, British Columbia, Canada.
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TechnipFMC Awarded Significant Flexible Pipe Contract By Ithaca Energy
12/8/2025
TechnipFMC has been awarded a significant(1) contract by Ithaca Energy for flexible risers on the Captain development in the U.K. North Sea.
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UK: TotalEnergies Merges Its Upstream Business With NEO NEXT, Creating The Largest Independent Oil And Gas Producer In The UK
12/8/2025
TotalEnergies has signed an agreement with NEO NEXT Energy Limited (NEO NEXT) under which TotalEnergies will merge its Upstream business with NEO NEXT and become the leading shareholder in the expanded NEO NEXT, which will be renamed NEO NEXT+, with a 47.5% ownership.
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Noble Corporation Plc Announces Planned Divestment Of Six Jackups
12/8/2025
Noble Corporation plc (NYSE: NE, "Noble" or the "Company") today announced that the Company has signed definitive agreements to sell six jackups, which includes the sale of five rigs to Borr Drilling Limited (NYSE: BORR, "Borr") for $360 million and a separate transaction for the sale of one rig to Ocean Oilfield Drilling for $64 million in cash.