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

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

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

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

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

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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 ...

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

Cosco has delivered the Alexandre de Gusmao FPSO, as Petrobras progresses development at Mero pre-salt field offshore Brazil ...

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