Management
The London-headquartered independent acquires position in the US Gulf while preparing Zama for final investment decision.
Engineering, procurement, construction, and installation awards made at the end of 2025 are expanding Saipem’s role in Turkey’s two largest offshore gas fields, plus Saudi Arabia’s Berri, Abu Safah, and Marjan oil fields and Qatar’s North Field gas giant in the Persian Gulf.
Following a US military operation to arrest Venezuela’s president, analysts say there is no easy fix for the country’s beleaguered upstream sector.
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The Oklahoma independent agreed to acquire the assets of three private companies in its quest to scale up in the Permian's Delaware Basin. -
Consortiums led by ExxonMobil, TotalEnergies lead the charge into the blocks offered in the oft-delayed offshore parcel auction.
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Suriname's wait to become a significant oil producer may be nearing an end as the French supermajor begins early development studies.
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The discovery in the US Gulf of Mexico was tied back to the existing Shenzi tension-leg platform.
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Diamondback Energy has agreed to spin off its water operations. Now, who’s next?
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High demand for offshore services makes for robust charter rates.
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Bernard Looney resigns, Murray Auchincloss takes over as acting CEO.
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The Advanced Clean Energy Storage project in Utah involves two 4.5-million-bbl salt caverns that will store up to 100 metric tons of hydrogen per day.
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The government is offering its first major funding for the unexplored energy source.
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Work slated for Côte d’Ivoire and Italy includes new riser/pipelines and FSRU facilities.
