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
Noble Corporation completes strategic acquisition of Diamond Offshore Drilling
Noble Corporation plc, a leading offshore drilling contractor, has officially completed its acquisition of Diamond Offshore Drilling, Inc. This strategic merger, announced in June 2024 ... Read More
Noble Corporation secures final approval for Diamond Offshore acquisition
Noble Corporation plc (CSE: NOBLE, NYSE: NE) and Diamond Offshore Drilling, Inc. (NYSE: DO) have secured the final regulatory clearance from the Australian Competition & ... Read More
Marathon Oil gains stockholder approval for $22.5bn merger with ConocoPhillips, set to transform energy sector
Marathon Oil Corporation (NYSE: MRO) has announced that it has received the requisite approval from its stockholders for the proposed merger with ConocoPhillips (NYSE: COP). ... Read More
Hibiscus Petroleum acquires 30% stake in PM327 PSC block in Malaysia
Hibiscus Petroleum Berhad, through its indirect wholly-owned subsidiary Straits Hibiscus Sdn Bhd, has entered into an agreement to acquire a 30% Participating Interest in the ... Read More
Massive shift in Permian operations: Energy Transfer and Sunoco announce game-changing alliance
In a landmark collaboration, Energy Transfer LP and Sunoco LP have unveiled a joint venture that brings together their extensive crude oil and produced water ... Read More
ADNOC Drilling announces major contract award from ADNOC Offshore
ADNOC Drilling Company PJSC has confirmed a significant contract award valued at $733 million from ADNOC Offshore. This contract is for the supply of three ... Read More
Oceaneering International secures multiple vessel service contracts in Gulf of Mexico
Oceaneering International, Inc. has been awarded several significant contracts for vessel services by global energy companies operating in the Gulf of Mexico. The contracts, focusing ... Read More
Formation Minerals acquires producing mineral interests in Bienville Parish, Louisiana
Formation Minerals, Inc. (OTCQB: FOMI), a burgeoning oil and gas company, announced a strategic expansion through the acquisition of producing mineral interests in Bienville Parish, ... Read More
Eni advances strategic portfolio optimization with sale of Alaskan assets to Hilcorp
Eni, a global leader in the energy sector, has reached a definitive agreement to sell its entire stake in the Nikaitchuq and Oooguruk oil fields ... Read More