Chevron has taken final investment decision (FID) on the Aseng Gas Monetization Project offshore Equatorial Guinea, advancing development of gas resources tied to its operated assets in the country. The project, led by Noble Energy EG Ltd., a Chevron subsidiary, will develop gas from the Aseng field using existing midstream infrastructure. The approach is designed to accelerate timelines […]
Subsea7 has been awarded a subsea installation contract for the Aseng Gas Monetization Project offshore Equatorial Guinea, supporting development of a single-well tieback to existing infrastructure. The contract was issued by Noble Energy EG Ltd., a subsidiary of Chevron, and covers installation work linking the Aseng field to the Alen platform. Scope includes the transport […]
Halliburton has acquired Sekal AS from Sumitomo Corporation, strengthening its position in automated drilling and digital well construction technologies. Sekal, a Norway-based specialist in drilling automation, will be integrated into Halliburton’s existing digital and remote operations portfolio. The deal brings together Halliburton’s LOGIX automation systems with Sekal’s DrillTronics platform to deliver a more advanced, fully integrated drilling […]
New Fortress Energy’s Brazil platform has signed a long-term lease and capacity agreement for its Terminal de Gás Sul (TGS) LNG import facility in Santa Catarina, marking a key step in bringing the asset into commercial operation. The agreement, which is expected to begin in August 2026, is projected to generate approximately $50 million in […]
U.S. Bureau of Land Management lease sales across Colorado, Nevada and Utah generated $64.8 million in total revenue, reflecting continued interest in federal onshore acreage. The agency leased 136 parcels covering 131,121 acres during its latest quarterly sale, with revenue distributed between federal and state governments. Utah accounted for the majority of proceeds, generating $56.4 […]
ABL has entered into a two-year master services agreement with Maridive & Oil Services to provide marine assurance and risk support for offshore vessel operations.
Electromagnetic Geoservices (EMGS) has agreed to sell its core geoservices business to Riggs Capital in a transaction valued at up to $2.5 million, marking a major shift for the offshore exploration technology company.
Liberty Energy Inc. has raised $525 million through a private offering of 0.00% convertible senior notes due 2032, marking its second such financing move this year as the company looks to maintain financial flexibility.
INPEX has extended its strategic collaboration with PT Pertamina (Persero) while signing a new upstream agreement with its subsidiary PT Pertamina Hulu Energi, reinforcing its position in Indonesia’s oil and gas sector. The agreements center on advancing the Abadi LNG project in the Masela Block, where INPEX is the operator. The company said the […]
Trillion Energy International is pursuing a potential sale of its stake in a Black Sea natural gas project while advancing new exploration activity in Türkiye, according to a corporate update released alongside its annual shareholder meeting.