Current Headlines
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BW Offshore: Signs Head Of Agreement With Equinor For Bay du Nord FPSO
9/1/2025
BW Offshore has signed a Head of Agreement (HoA) with Equinor Canada Ltd, confirming its selection as preferred bidder for the Floating Production, Storage and Offloading (FPSO) unit for the Bay du Nord project offshore Newfoundland and Labrador, Canada.
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STR Appoints Director To Lead Growth Across Europe And Africa With Further Expansion On The Horizon
9/1/2025
Subsea Technology & Rentals (STR) has appointed experienced sector leader James Christie to head up activities across Europe and Africa following significant growth and plans for further global expansion.
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Energy Department Issues Final Export Authorization To Commonwealth LNG
8/29/2025
U.S. Secretary of Energy Chris Wright today announced the Department of Energy’s (DOE) final authorization for Commonwealth LNG, LLC to export up to 1.21 billion cubic feet per day (Bcf/d) of natural gas as liquefied natural gas (LNG) to non-free trade agreement (FTA) countries from its proposed project in Cameron Parish, Louisiana.
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Oceaneering Announces $180M Of Subsea Robotics Contracts With Petrobras
8/28/2025
Oceaneering International, Inc. (“Oceaneering”) announced that its Brazilian subsidiary, Marine Production Systems do Brasil LTDA (“MPS”), was awarded multiple Subsea Robotics contracts by Petróleo Brasileiro S.A. (“Petrobras”) during the second quarter of 2025, following a competitive tender.
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JDR To Electrify Eni's Liverpool Bay Transportation And Storage Project With Power Cable Supply, Helping Deliver HyNet North West
8/27/2025
JDR Cable Systems (JDR), the global subsea cable supplier and service provider, part of the TFKable Group, has been awarded a contract by Liverpool Bay CCS Limited, a member of the Eni SpA group, to supply subsea power cables for its Liverpool Bay CO₂ Transportation and Storage project, which will be the backbone of the HyNet North West industrial decarbonisation cluster.
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FracTracker Alliance Launches Public Data Portals On Oil, Gas, And Petrochemicals
8/26/2025
FracTracker Alliance announces the launch of two public data portals that make millions of oil, gas, and petrochemical records free and accessible to the public.
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Baker Hughes Awarded Long-Term Service Agreement By bp For Tangguh LNG Operations, Supporting Indonesia's Energy Future
8/26/2025
Baker Hughes (NASDAQ: BKR), an energy technology company, announced Tuesday a long-term service agreement award from bp for its Tangguh Liquefied Natural Gas (LNG) plant in Papua Barat, Indonesia.
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SLB OneSubsea Awarded EPC Contract For Equinor's Fram Sør Project
8/25/2025
Global energy technology company SLB announced today that its OneSubsea joint venture has been awarded an engineering, procurement and construction (EPC) contract by Equinor for a 12-well, all-electric Subsea Production System (SPS) in the Fram Sør field, offshore Norway.
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Seadrill Announces Contracts In Angola For Sonadrill Joint Venture
8/25/2025
Seadrill Limited ("Seadrill" or the "Company") today announced Sonadrill Holding Ltd ("Sonadrill"), its 50:50 joint venture with an affiliate of Sonangol E.P. ("Sonangol"), has been awarded two contracts, positioning the joint venture for long-term success.
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Crescent Energy To Acquire Vital Energy In All-Stock Transaction, Establishing A Top 10 Independent
8/25/2025
Crescent Energy Company (“Crescent” or the “Company”) and Vital Energy, Inc. (“Vital”), today announced that they have entered into a definitive agreement (the “Merger Agreement”) pursuant to which Crescent will acquire Vital in an all-stock transaction valued at approximately $3.1B, inclusive of Vital’s net debt (the “Transaction”).