Subsea7 has been awarded a sizeable contract by Brunei Shell Petroleum (BSP) for a pipeline replacement project offshore Brunei.The contract covers the engineering, procurement, construction and installation (EPCI) of subsea pipeline and riser systems for offshore assets in water depths of up to 50 meters, the company said.
Azule Energy, jointly owned by Eni and BP, has started construction of the topside process modules for the Greater PAJ floating production, storage and offloading (FPSO) vessel
BC Ventures, a 50/50 joint venture between Borr Drilling and its long-term well construction partner in Mexico, has completed the previously announced acquisition of five premium jack-up drilling
Keppel has launched a program to monetize up to 10 legacy offshore drilling rigs through a newly established Keppel Offshore Fund (KOF), in a transaction valued at approximately $2.86 billion (S$3.
India's Oil and Natural Gas Corp will reserve half of its planned 1.75 million metric ton (about 13 million barrels) oil storage facility to meet the country's strategic needs
Italian oil and gas contractor Saipem on Monday revised down its expectations for 2026 core earnings to take into account extra costs linked to the Middle East crisis.
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