From Eni to ExxonMobil, why oil giants are betting big on floating production again
FPSOs are back in focus as Brazil, Guyana, Angola, and Côte d’Ivoire drive deepwater expansion. Find out why leasing beats capex-heavy platforms today. Read More
Can Carlyle’s FPSO deal unlock value as Brazil and West Africa ramp up deepwater oil?
Carlyle will acquire Altera Infrastructure’s FPSO business, including key assets in Brazil and West Africa. Find out what this deal signals for offshore oil. Read More
Chevron’s quiet win in Guyana — how the Hess acquisition locks in decades of low-cost barrels
Chevron secures Guyana’s prized Stabroek Block stake via Hess deal, unlocking decades of low-cost oil production and reshaping its upstream portfolio. Read More
Finder Energy (ASX: FDR) signs development alliance with SLB to fast-track KTJ oil field toward first oil by 2026
Finder Energy partners with SLB to fast-track KTJ oil project by 12 months, accelerating FEED and bringing first oil closer. Read how this reshapes its ... Read More
TechnipFMC lands huge Petrobras deals for Brazil’s offshore oil boom
TechnipFMC has been awarded two major contracts by Brazilian oil giant Petrobras for projects in the country’s pre-salt offshore fields. The contracts, aimed at supporting ... Read More
New Zealand sacrifices environment to slash sky-high energy prices
New Zealand is moving forward with a contentious new law to reverse its 2018 ban on offshore oil and gas exploration, a decision driven by ... Read More
Shelf Drilling secures three-year contract extension for High Island V jack-up rig in Arabian Gulf
Shelf Drilling has secured a three-year extension for its High Island V jack-up rig in the Arabian Gulf, keeping it contracted through May 2025. Read More
Total ADNOC deal: French oil giant secures $1.45bn stake in Abu Dhabi’s prime offshore oil fields
In a landmark move for both companies, Total has inked a groundbreaking $1.45 billion deal with the Abu Dhabi National Oil Company (ADNOC), securing key ... Read More