Brazilian oil giant Petrobras has terminated a contract for the sale of a pair of fields in the country’s Santos basin to ...

Norway’s Equinor now owns 10% of global renewable energy giant Orsted after a $2 billion-plus swoop on its shares. Equinor on ...

Petrobras has returned the remaining two exploration blocks out of four in the ultra-deepwater portion of Brazil’s Campos ...

Two wells drilled offshore Norway by Equinor have failed to identfify commercial volumes of oil and gas, according to the ...

SWS to build hull and living quarters for MPF6 FPSO, the sixth such order for the yard under SBM Offshore’s Fast4Ward ...

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The Federal Court of Brasilia has ruled that the prohibitory sanction issued by the Controladoria-Geral da Uniao (CGU) ...

Germany has won approval from the European Commission for €4.06 billion ($4.2 billion) in subsidies to support the operation ...

The $535 million transaction allows ExxonMobil to assume ownership of the FPSO, while SBM will continue to operate and ...

Thailand’s national upstream company PTTEP has unveiled its five-year investment plan, with total estimated expenditure of ...

One rig worker has been reported missing after a jack-up rig collapsed offshore Trinidad & Tobago. The incident occurred in the early hours of December 22 when the Well Services-owned jack-up Rig 110 ...

Shallow-water Suizhong 36-2 field is expected to achieve peak production of 9700 barrels of light oil equivalent per day in ...