Current Headlines
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Longitude Secures 2nd Engineering Contract For Egypt's West Delta Deep Marine Concession Development
7/3/2025
Independent engineering consultancy Longitude Engineering has been awarded a contract to provide detailed engineering and project management services for Petroleum Marine Services (PMS), the main EPIC (Engineering, Procurement, Installation, and Commissioning) contractor for the Phase XI Deepwater Project of the West Delta Deep Marine (WDDM) concession.
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Seatrium Secures FSRU Conversion Contract From Kinetics, A Karpowership Initiative
7/3/2025
Seatrium Limited (“Seatrium” or “the Group”) is pleased to announce the award of a Floating Storage Regasification Unit (FSRU) conversion contract from Kinetics, an energy transition initiative by global floating power leader Karpowership.
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Venture Global Announces 20-Year Sales And Purchase Agreement With PETRONAS
7/3/2025
Today, Venture Global, Inc. announced the execution of a new 20-year Sales and Purchase Agreement (SPA) with PETRONAS LNG Ltd. (PLL), a subsidiary of the Malaysian state-owned oil and gas company, PETRONAS.
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June Jobs Report: Energy Services Sector Navigates Economic Headwinds With Continued Focus On Stability
7/3/2025
Today, the Energy Workforce & Technology Council (EWTC) released its June 2025 jobs report, reflecting a modest dip in employment within the energy services sector amid continued economic uncertainty.
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DNO Secures North Sea Gas Offtake And Related USD 500 Million Financing Facility; Adds Arrows To Its Quiver
7/2/2025
DNO ASA, the Norwegian oil and gas operator, today announced that the Company’s wholly-owned Norway operating subsidiaries have entered into an offtake agreement with France’s ENGIE SA for DNO’s Norwegian gas production and secured a related offtake financing facility with a major US bank for up to USD 500 million.
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HCLTech And Equinor Expand Digital Collaboration
7/2/2025
HCLTech, a global technology leader, and Equinor, Europe's largest energy supplier and a pioneer in renewables and low-carbon solutions, have expanded their IT collaboration to support the next phase of Equinor’s digital transformation.
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API Applauds Senate Passage Of Tax Legislation, Urges House To Act
7/1/2025
American Petroleum Institute (API) President and CEO Mike Sommers issued the following statement after the U.S. Senate passed the 2025 tax reconciliation bill
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CNRC Announces Change In Control, New Management And The Deployment Of The Cutting-Edge KUBERA™ Technology To Enhance Oil And Gas Detection And Exploration
7/1/2025
Cunningham Natural Resources Corp (OTC: CNRC) ("CNRC" or the "Company") announced today that Aruna Holdings LLC has acquired an eighty percent (80%) ownership interest in CNRC.
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IPAA: 'One Big, Beautiful Bill' Remains A Win For American Energy'
7/1/2025
Independent Petroleum Association of America (IPAA) President & CEO Jeff Eshelman issued the following passage of the budget reconciliation bill in the U.S. Senate
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Developing The Largest Oil Producer On The Norwegian Continental Shelf
7/1/2025
Equinor and its partners are investing NOK 13 billion in the third phase of Johan Sverdrup, one of the world’s most carbon-efficient oil fields.