Energy.
Iraq oil exports rise in August amid discounts and Iran approval
Iraq increased its oil exports in August, with September shipments also expected to rise, as large discounts and Iranian permission for its tankers to pass through the Strait of Hormuz attracted buyers, according to a Reuters report. The export recovery for OPEC’s second-largest producer, which had been sharply reduced by the near-closure of the Strait of Hormuz since the Iran war began on…
Worley Rosenberg awarded subsea fabrication contract for Equinor’s Fram Sør development in the North Sea
Worley Rosenberg has been awarded a new contract by Subsea7 for the fabrication of subsea structures for Equinor’s Fram Sør development in the northern North Sea. The project represents an…
SLB and Vår Energi expand Digital Collaboration to scale Well and integrated Field Development Planning
Agreement supports Vår Energi’s ambition to reduce time to first oil, building on multi-discipline, collaborative well planning workflows that reduce cycle times from months to days Global technology…
bp Chair removed
The Board of BP p.l.c. (LSE and NYSE: bp) (“bp”) announces that it has today unanimously decided that Albert Manifold should no longer serve as Chair and Director with immediate effect. This follows…
Solstad Offshore announced contract extension for Normand Fortress
Solstad Offshore ASA has entered into an agreement for a two year extension of the current contract, with Petrobras for the CSV Normand Fortress, a vessel owned by Solstad Maritime ASA . The…
TotalEnergies and TPAO sign a cooperation agreement exploration
TotalEnergies and Türkiye Petrolleri Anonim Ortaklığı signed a Memorandum of Understanding on exploration opportunities. The MoU provides a framework for technical collaboration, including a joint…
Chevron consolidates Venezuela Heavy Oil Position in Asset Swap
Chevron Corporation announced it has, through its subsidiaries with interests in Venezuela, agreed to an asset swap with Petroleos de Venezuela, and subsidiaries of PDVSA in a mutually beneficial…
Gasum and Wasaline continue bio-LNG agreement through 2027
The companies reinforce their long partnership and commitment to developing sustainable maritime transport on the Baltic Sea. Nordic energy company Gasum and shipping company Wasaline have extended…
123Carbon and ZERO44 join forces to unite mandatory and voluntary carbon markets
Collaboration offers shipowners and charterers greater transparency and control in the face of an evolving regulatory environment and accelerating customer demand. 123Carbon, the leading independent…
Volue acquires smartPulse, accelerating expansion into Southern and Eastern Europe and Türkiye with full power trading and battery optimisation capabilities
The acquisition strengthens Volue’s capabilities with smartPulse’s proven platform and seasoned team, bringing decades of expertise in one of Europe’s fastest-growing power markets. Volue, a leader…
Gasum starts work on three new liquefied biogas filling stations in Finland
Gasum's filling station network has expanded significantly in recent years, as new stations have been opened based on customer wishes. As a result of long-term investments, low-emission transports…
TotalEnergies divests its non-operated interest in West Ekofisk, Albuskjell and Tommeliten Gamma fields in Norway
TotalEnergies EP Norge has signed an agreement for the divestment of its non-operated interest in the West Ekofisk and Albuskjell fields to Vår Energi and has also concluded an agreement with Orlen…
SBM Offshore and Cognite Partner accelerate AI and data collaboration to optimise floating production operations
SBM Offshore, the global leader in floating production solutions, and Cognite, the global leader in Industrial AI, announced an acceleration of their strategic collaboration. This new initiative…
DOF Group ASA – project awards in the North America region
DOF Group ASA is pleased to announce several project awards in the North America region. The awards will utilise vessels already in the region, securing more than 300 days of firm vessel utilisation…
Equinor’s internal investigation of the Melkøya fall accident
Equinor's internal investigation of the fall accident at Hammerfest LNG is finalized. A number of measures have been initiated to capture lessons learned from the serious incident. On 24 April…
Svanehoj acquires KOHO Kompressorsysteme
Svanehoj, an ITT company, is further expanding its expertise in gas solutions with the acquisition of Germany-based Köhler & Hörter GmbH (KOHO Kompressorsysteme, or KOHO), a family-owned company…
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