Company News

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Mediterranean Sea
Company News

Energean cancels Mediterranean E&P sale

March 21, 2025
Energean has terminated a transaction involving the sale of its offshore/onshore E&P interests in Egypt, Italy and Croatia to an entity controlled by Carlyle International Energy...

Company News

Courtesy Thomas Sola/Equinor
Njord A
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DNO to Acquire Sval Energi
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Serica-EnQuest merger possibility
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Eni, Petronas consider SE Asia joint venture
Courtesy BP
BP to ditch renewables goals and return focus to fossil fuels
Company News

Report: bp to ditch renewables goals and return focus to fossil fuels

Feb. 24, 2025
The change in focus is part of a strategy shift to be announced on Wednesday, according to Reuters.
Courtesy Saipem
Saipem, Subsea7 set to merge, forming subsea construction powerhouse
Company News

Saipem, Subsea7 set to merge, forming subsea construction powerhouse

Feb. 24, 2025
Company officials say the combined entity of Saipem and Subsea7 would have a broader ability to optimize clients’ project schedules.
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Leading investment bankers are looking to engineer a merger
Special Reports

Reports: Pressure is on bp to merge with Shell, creating a British oil giant

Feb. 21, 2025
Creating one national British champion would give the companies the scale needed to compete against rivals, say analysts.
Courtesy Odfjell Technology
Odfjell Technology's Well Services division
Company News

Odfjell Technology takes well services to Australia, Asia-Pacific

Feb. 21, 2025
Odfjell Technology has formed a cooperation with R&D Solutions, an Australia-based energy industry equipment and services provider, to help grow its presence in the Asia-Pacific...
Courtesy Explicit ApS
Equinor signs Danish drone company to look for methane emissions
Equipment Engineering

Equinor signs Danish drone company to look for methane emissions

Feb. 20, 2025
The contract calls for the survey of 39 offshore platforms on the Norwegian Continental Shelf.