Semi-submersible crane vessel (SSCV) from the fleet of Bluewhale Offshore, a Singapore-headquartered offshore drilling contractor and service provider and member of CIMC Group, has been picked to work on a…
Shah Deniz project: In mid-October 2025, a consortium including SOCAR affiliates won three offshore contracts worth approximately $700 million for the Shah Deniz Compression project, operated by BP.The contracts cover…
Production has started in the Bacalhau field in the Santos Basin, a major offshore project operated by Equinor alongside partners ExxonMobil Brasil, Petrogal Brasil (a joint venture between Galp and…
Aker BP projects face major cost increasesAccording to Norway's budget proposal,costs for development projects have risen significantly.The Yggdrasil project's cost increased by 32% to $17.59 billion.The Valhall-Fenris project's cost rose…
140 million BP contract: On October 13, Valaris was awarded a five-well contract by BP Exploration Delta for the VALARIS DS-12 drillship in Egypt.The project is expected to begin in…
Nayara's energy a major refining and marketing company facing EU sanctions due to his Russian holding ownership places it at the centre of long-standing close ties between New Delhi and…
BP won an arbitration case against US LNG exporter Venture Global over the supplier's failure to deliver liquefied natural gas (LNG) cargoes from its Calcasieu Pass plant.Venture Global was found…