Block 58 - Business-News-Today.com

🧬 Interested in pharma, biotech and medical device news? Visit PharmaDeviceNews.com →

Business news, market intelligence, and global industry analysis.

The Latest

Mitsubishi Electric Corporation’s $1.4 billion acquisition of PCI Energy Solutions expands its push into power-market software as utilities manage increasingly complex grids shaped by renewables, battery storage and rising electricity demand. Representative image.

Mitsubishi Electric’s $1.4bn PCI deal targets software managing 60% of US power

Johan Sverdrup crude could meet 25% of ORLEN demand under three-year agreement

Equinor strikes three-year ORLEN deal for up to 9m tonnes of crude a year

APA Group is advancing the A$259 million Sybella Creek Solar Farm and Battery Energy Storage System in Mount Isa, combining 72 MW of solar generation with a 52 MW/104 MWh battery and existing gas-fired power infrastructure under a long-term supply agreement with Ernest Henry Mining. Representative image.

APA Group (ASX: APA) commits A$259m to Mount Isa solar and battery project

A major Bay of Bengal search-and-rescue operation is underway after Panama-flagged bulk carrier MV Ocean Winner sank about 240 nautical miles off Odisha’s Paradip coast, leaving 22 of 24 crew members missing. The vessel was carrying iron ore from India to Singapore. Representative image.

MV Ocean Winner sinks off Odisha as 22 crew remain missing in Bay of Bengal

Representative image of an offshore drilling rig near Namibia’s coast at sunset, illustrating bp plc’s entry into the Walvis Basin through its Eco Atlantic Oil & Gas block acquisition.

Read More

Energy Industry News

TotalEnergies plans four-well Suriname campaign to expand beyond GranMorgu

Discover how TotalEnergies’ four-well Suriname campaign could extend GranMorgu, create a second oil hub and reshape Block 58 growth. Read more.

June 25, 2026

Saipem mobilises for $1.9 billion GranMorgu subsea contract in Suriname

Read More

Energy Industry News

Saipem starts offshore installation campaign for $10.5bn GranMorgu oil project

Saipem has begun offshore work on Suriname’s $10.5 billion GranMorgu oil project. Explore the subsea scope, stock impact and 2028 risks now.

June 23, 2026

Read More

Energy Industry News

FID on Block 58 development project offshore Suriname expected in Q4 2024

During the 2024 Suriname Energy Oil and Gas Summit, significant advancements were announced concerning the development of offshore…

byPallavi Madhiraju

June 7, 2024

web analytics