The agreement follows the Framework Agreement signed by the two companies on 17th June 2025 and establishes a new entity that will manage 19 assets: 14 in Indonesia and five in Malaysia - representing significant enterprise value.
As Offshore Technical Compliance (OTC) continues to expand their footprint in the digital pressure testing field of the Oil and Gas industry, their new and improved GreenLight has achieved a major milestone and sets a new standard for digital pressure testing of well control systems.
Shell Marine has launched a new technical service, Shell Marine Sensor Service (SMSS), an onboard monitoring service that provides real-time insights into oil and equipment condition, helping shipping operators improve vessel uptime and operational resilience.
bp has reached an agreement for Sixth Street-managed funds to purchase non-controlling interests in Permian and Eagle Ford midstream assets of bpx energy – bp’s US onshore oil and gas business. bpx will remain operator of all the assets.
DNV has released a comprehensive study comparing major accident risks and risk management practices in the UK between the offshore oil and gas and the offshore renewables industries.
bp has provided an update following its significant hydrocarbon discovery at the Bumerangue block, located in the pre-salt Santos Basin, offshore Brazil.
Europe’s construction of liquefied natural gas (LNG) import terminals is losing momentum, indicating that countries across the continent overestimated future gas demand.
The EPA has formally recognised a drone-based inspection method, which means remote methane inspections now count for compliance.
Rotork has announce the launch of the RTP-4000 range, a new generation of intelligent valve positioners designed to deliver optimised control solutions for single- and double-acting actuators on rotary and linear valves.
The subsea campaign, which involved the retrieval of a canductor, was delivered safely, on schedule and to the highest technical standards.
EnerMech has been awarded a pipeline pre-commissioning contract by McDermott in support of Shell Trinidad and Tobago’s Manatee gas development. The company will deliver critical services across a 115 km, 32 in. offshore pipeline.
On average, the platform’s production exceeded 250 000 bpd throughout the month of October, representing a volume above its nominal capacity of 225 000 bpd.
Odfjell Technology has been awarded a contract to supply fishing services for drilling and workover operations with a major oil and gas company in Kuwait.
Markets brace for shifting dynamics amid the IEA's warnings of supply surpluses, moderating demand growth, and ongoing geopolitical uncertainty.
As MPD adoption accelerates across the energy sector, this collaboration brings together Weatherford’s more than 55 years of MPD expertise and advanced simulation software with Maersk Training’s 45 years of global training excellence and simulators and facilities.
WellSense, a specialist in fibre optic well diagnostics, has developed a single-use, jet-propelled and battery powered well conveyance technology, which is able to rapidly deploy bare fibre into highly deviated wells.
US sanctions Russian oil majors over Ukraine, reports Reuters.
TAQA UK’s Eider Alpha topside has been successfully removed, marking the first of its Northern North Sea platforms to be lifted and dismantled.
The insights generated will provide explorers with a competitive advantage by better informing their licensing and investment decisions.
The drill rig is already at the well site, and drilling is expected to start immediately, with an estimated duration of five months.
The contract win marks the first sale of FET’s XLX EVO III which, when operational, will demonstrate the most cutting-edge Ultra-Heavy-Duty subsea vehicle technology available on the market.
McDermott announces the safe and successful completion of engineering, procurement, construction, installation, pre-commissioning and commissioning activities for TotalEnergies' Begonia field development.
Lynn Coutts, Managing Director – the Middle East, ATPI, explains how the oil and gas industry can balance efficiency with workforce wellbeing, through digitalisation and optimised crew management.
IMI equips Larsen & Toubro with safety-critical HIPPS solution for Saudi Arabia Gas Field expansion project.
The Shah Deniz consortium is pleased to announce the award of three major offshore contracts to advance the Shah Deniz Compression (SDC) project. The contracts, with a combined value of approximately US$700 million, have been awarded to the Saipem/BOS Shelf joint venture.