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Bangladesh Offers Sweetened Terms in Offshore Tender
2+ hour, 47+ min ago (402+ words) Published May 24, 2026 6: 30 pm ET Bangladesh launched an international tender on Sunday for oil and gas exploration in 26 offshore blocks in the Bay of Bengal, offering more attractive terms to foreign companies as it seeks to tackle worsening domestic gas shortages…...
Denmark Receives Offshore Wind Bids as Tender Scheme Rebounds
2+ day, 14+ hour ago (351+ words) Published May 22, 2026 6: 34 am ET Denmark has received bids for two offshore wind areas in the North Sea and Kattegat designated for at least 1. 8 GW of offshore wind capacity, the Danish Energy Agency has informed. The bids cover the Nords'en Midt…...
Borr Drilling's First Quarter Profit Takes Hit as Odin Rig Start-Up Lags
2+ day, 15+ hour ago (431+ words) Published May 22, 2026 6: 13 am ET Borr Drilling has reported a wider first-quarter loss as delayed start-up work for the Odin jack-up rig and contract transitions weighed on earnings, while the offshore driller continued expanding its fleet and contract backlog. The company…...
UK Moves to Close Tax Loophole Used by Oil and Gas Firms
2+ day, 17+ hour ago (235+ words) Published May 22, 2026 4: 15 am ET British finance minister Rachel Reeves said on Thursday she would stop multinationals, including oil and gas firms, from reducing their tax liability by using corporate structures that involve foreign branches. Reeves made the announcement in a…...
CIP Remains Eager to Invest in Italian Offshore Wind
3+ day, 7+ hour ago (867+ words) Copenhagen Infrastructure Partners, a Danish firm eager to invest in Italian'offshore'wind farms, is getting impatient. Two years after the country's 2024 law offered incentives to would-be developers to provide'offshore'wind capacity, the government has yet to announce a calendar for auctions it…...
Eni CCUS Holding Secures $670 M Financing for CCS Projects
2+ day, 15+ hour ago (323+ words) Published May 22, 2026 5: 36 am ET Eni and Global Infrastructure Partners, a part of Black Rock and strategic partner in Eni CCUS Holding, said the company has secured a financing facility of more than $670 million (500 million) to support its carbon capture and…...
Eni Inks Long-Term Indonesia LNG Supply Agreements
2+ day, 15+ hour ago (220+ words) Published May 22, 2026 5: 28 am ET Eni has signed three long-term agreements with the liquefied natural gas (LNG) sellers of the South Hub and North Hub gas projects in Indonesia to purchase LNG, strengthening its global LNG portfolio and expanding supply from…...
Brazil's Tax Revenue Hits Record High on Oil Windfall
2+ day, 17+ hour ago (224+ words) Published May 22, 2026 4: 11 am ET Brazil's federal tax revenue surged in April, official data showed on Thursday, buoyed by higher oil-related receipts as elevated crude prices linked to the U. S. -Israel war on Iran lifted government intake under President Luiz Inacio Lula…...
Indonesia Locks In LNG Supplies from Inpex' Abadi and Eni's South Hub
2+ day, 17+ hour ago (117+ words) Published May 22, 2026 4: 07 am ET A unit of Indonesian state utility Perusahaan Listrik Negara said on Friday it had signed heads of agreement with Italy's Eni and Japan's Inpex to buy 830 cargoes of liquefied natural gas, or about 48. 5 million metric tons,…...
Deep Ocean Lines Up North Sea FPSO Decom Job
3+ day, 15+ hour ago (223+ words) Ocean services provider Deep Ocean has been engaged to support the subsea decommissioning and disconnection of an undisclosed floating production, storage and offloading (FPSO) unit currently located in the U. K. sector of the North Sea. Deep Ocean's scope of work includes…...
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