Italian offshore engineering and construction firm Saipem, in a joint venture with South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. Ltd (DSME), has won a contract with Brazil's Petrobras to build an FPSO for the Búzios offshore field in Brazil.

 Environmentalists emboldened by this week’s defeat of Keystone XL are pressuring President Joe Biden to revoke permits for other oil and gas pipelines, warning their votes depend on the administration blocking fossil fuel infrastructure.

Royal Dutch Shell Plc is reviewing its holdings in the largest oil field in the U.S., a possible sale that could raise as much as $10 billion, according to Reuters.

Oil and gas services firm Wood has secured a contract renewal for the provision of engineering, procurement, and construction (EPC) solutions and maintenance to the Hibernia platform off the coast of St. John’s, Newfoundland, and Labrador.

UK oil and gas company EnQuest has said it has signed a new senior secured borrowing base debt facility of around $600 million and an additional amount of $150 million for letters of credit for up to seven years.

Russia's Nord Stream 2 gas project will start preparations on Friday to fill the first of two pipelines with natural gas within a few months, the Gazprom-led project said on Thursday.

Some 1,065 members of two Norwegian labour unions could go on strike on June 17 if wage talks fail, hitting oil exploration and other drilling services, the unions said on Friday.

Norway, Western Europe’s biggest oil producing nation, plans to expand its green energy industry and strengthen its power grid, but isn’t willing to budge when it comes to exploiting its oil and gas resource

For the past year, Saudi Energy Minister Prince Abdulaziz bin Salman has fought a war of words with oil speculators. Now, he’s taking his message to the heart of Wall Street.

Norwegian oil firm Equinor has drilled two dry wells near the Fram field in the North Sea, offshore Norway.