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ADNOC secures financing for Hail and Ghasha gas development

Friday, December 19 2025

General – Finance

In partnership with Eni and PTTEP, ADNOC announced the signing of a landmark structured financing transaction worth up to $11 billion (£8.4 billion) to monetise the future gas production of Hail and Ghasha.

[Read more…] about ADNOC secures financing for Hail and Ghasha gas development

Filed Under: ADNOC, final agreement, Finance, gas production, Ghasha, Hail field, International News Tagged With: ADNOC, Finance, gas production, Ghasha field, Hail field

Serica buys Spirit’s North Sea gas assets for $74m

Friday, December 19 2025

Fossil Energy – Acquisition

Britain’s Serica Energy has agreed to acquire a portfolio of Southern North Sea gas assets from Spirit Energy and its affiliates for $74 million, strengthening its UK upstream position and increasing reserves and production.

[Read more…] about Serica buys Spirit’s North Sea gas assets for $74m

Filed Under: Acquisition, Cygnus, International News, Serica Energy, Spirit Energy Tagged With: acquisition, Cygnus Field, north sea, Serica Energy, Spirit Energy

RWE to sell Polish offshore wind development project to PGE

Friday, December 19 2025

Wind Energy – Sale of Project

RWE has signed an agreement with PGE for the sale of its F.E.W. Baltic II offshore wind development project in the Polish Baltic Sea.

[Read more…] about RWE to sell Polish offshore wind development project to PGE

Filed Under: Baltyk OWF, General, International projects, PGE Baltica, RWE Tagged With: Baltic II, PGE, RWE, Sale

Venezuela ends gas supply talks with Trinidad and Tobago

Friday, December 19 2025

General – Politics

Venezuela has announced the immediate termination of all contracts, agreements, and ongoing negotiations related to the supply of natural gas to Trinidad and Tobago, citing what it described as hostile actions linked to the United States.

[Read more…] about Venezuela ends gas supply talks with Trinidad and Tobago

Filed Under: International projects, Tobago, Trinidad, Trump, Venezuela Tagged With: termination, Tobago, Trinidad, Trump, Venezuela

Seven contract extensions for DOF

Friday, December 19 2025

General – Contract Extension

DOF has secured seven contract extensions with Petrobras in Brazil, reinforcing its long-standing partnership and commitment to delivering safe and reliable offshore services.

[Read more…] about Seven contract extensions for DOF

Filed Under: AHTS, Brazil, Contract extension, DOF ASA, International News, Petrobras Tagged With: AHT, Brazil, Contract extension, DOF, Petrobras, RSV

DEME secures two marine works contracts

Friday, December 19 2025

Dredging – Southern Europe

DEME’s Dredging & Infra segment has secured two marine works contracts in Southern Europe.

[Read more…] about DEME secures two marine works contracts

Filed Under: DEME, Dredging, International News, Italy, Spain Tagged With: deme, dredging, Italy, Spain

Contract extension with Aker BP for Scarabeo 8

Friday, December 19 2025

Fossil Energy – Saipem

Saipem announces that Aker BP has exercised a new option to extend the contract for the semi-submersible drilling unit Scarabeo 8, prolonging its deployment for an additional year.

[Read more…] about Contract extension with Aker BP for Scarabeo 8

Filed Under: Aker BP, Contract extension, Saipem Tagged With: Aker BP, Contract extension, saipem, Scarabeo 8

President Ali announces GY$100,000 cash grant for adult Guyanese

Friday, December 19 2025

General – Guyana

President Irfaan Ali on Wednesday announced that every Guyanese citizen aged 18 and over will receive a GY$100,000 (about US$500) cash grant, to be included in the government’s 2026 budget proposals expected next month.

[Read more…] about President Ali announces GY$100,000 cash grant for adult Guyanese

Filed Under: Guyana, International projects Tagged With: Guyana

Liz Westcott appointed as Acting CEO of Woodside Energy

Thursday, December 18 2025

General – Appointment

Woodside Energy is pleased to announce that Liz Westcott, Woodside’s EVP and Chief Operating Officer Australia, has been appointed Acting CEO of Woodside Energy.

[Read more…] about Liz Westcott appointed as Acting CEO of Woodside Energy

Filed Under: Appointment, CEO, International News, Woodside Energy Tagged With: appointment, ceo, Woodside Energy

SBM Offshore signs contract extension FPSOs  

Thursday, December 18 2025

Fossil Energy – Angola

SBM Offshore has signed a contract extension related to the lease and operation of FPSOs Mondo and Saxi Batuque with Esso Exploration Angola.

[Read more…] about SBM Offshore signs contract extension FPSOs  

Filed Under: Angola, Contract extension, Esso, FPSO, International projects, SBM Offshore Tagged With: angola, Contract extension, Esso Exploration, FPSO, SBM

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