The European Investment Bank (EIB) has approved a €490 million financing for an interconnection […] The post EIB commits €490M to Greek link that will end electrical isolation of Northeast Aegan islands appeared first on Offshore Energy.
After the portfolio recalibrations and restructuring marked the oil and gas industry’s landscape in 2025, Wood Mackenzie, an energy intelligence group, has outlined that the trend will continue in 2026, with oil and gas corporates expected to face “an even tougher strategic balancing act” this year. The post Investment shift from low carbon toward upstream to continue in 2026 appeared first on Offshore Energy.
With energy security still at the forefront, several liquefied natural gas (LNG) projects have been given the green light to proceed to production mode across the globe, with the United States (U.S.) running the show. As a result, 2025 marked the start of the next wave of LNG projects that are anticipated to enrich the global energy mix. The post 2025 at a glance: LNG wave sweeps across global gas markets appeared first on Offshore Energy.
As the global oil and gas story expands with new discoveries and projects, many operators have been laying the groundwork to make final investment decisions (FIDs) for the undeveloped assets in their portfolios. Since many companies decided to sanction their existing developments in 2025, Offshore Energy has made a collection featuring some of these moves. The post Throwback: Top oil & gas final investment decision picks appeared first on Offshore Energy.
While multiple consolidation moves have sprung up across the offshore energy and maritime arenas over the past 12 months, some never bore fruit. Offshore Energy has selected three business combination plays, regardless whether they were born of truth or fiction, that did not make it to the finish line despite the initial optimism and euphoria. The post 2025’s greatest trio of oil & gas, FPSO, and LNG mergers that never came to fruition appeared first on Offshore Energy.
As the global consolidation momentum builds against the backdrop of ever-changing and challenging geopolitical conditions and energy realms, many companies engaged in the offshore drilling, subsea, hydrocarbon exploration and production (E&P), and maritime arenas are working to strengthen their place in the offshore industry’s pyramid. Offshore Energy has curated a list of ten developments that encompass some of the most interesting market consolidation plays that occurred in 2025. The post Ten big consolidation moves across rig, oil & gas, and shipping spheres appeared first on Offshore Energy.
As the offshore energy sector continued to navigate the energy transition and technological development, […] The post Readers’ choice: Offshore Energy’s most-read news in 2025 appeared first on Offshore Energy.
The global oil and gas scene is witnessing a wave of consolidation moves through strategic mergers and acquisitions, especially in the United Kingdom (UK), where the windfall tax on oil and gas producers’ profits remains in force. The transformation across Britain’s hydrocarbon industry is gaining ground, spurred by Big Oil’s business combination steps. The post Highlights reel of top UK oil & gas consolidation plays appeared first on Offshore Energy.
Brazilian state-owned energy giant Petrobras has made a final investment decision (FID) for a development in the Sergipe Alagoas Basin off the coast of Brazil. This project in the Northeast region is anticipated to expand the supply of gas. The post Petrobras rubber-stamps oil & gas project offshore Brazil: FPSO negotiations drawing to a close appeared first on Offshore Energy.
Italy’s Saipem has secured additional work at the largest natural gas field in Türkiye […] The post Saipem tasked with more work at Türkiye’s largest natural gas field under $425M contract appeared first on Offshore Energy.