Mexico's government will absorb regular debt payments this year for Petroleos Mexicanos (Pemex), as President Andres Manuel Lopez Obrador intensifies his efforts to prop up the heavily-indebted state-run oil company

UAE-based oil and gas company TAQA has awarded Odfjell Drilling a contract for platform drilling & maintenance services on its UK North Sea platforms.

BP Plc is fielding final bids from a handful of junior energy companies for its North Sea assets, according to people familiar with the matter.

Norwegian company Aker Solutions has said it has signed a "sizeable" letter of intent with Dutch offshore services firm Heerema Marine Contractors for the decommissioning and recycling of Norwegian offshore platforms.

Power and technology group ABB has won a contract to deliver an end-to-end electrification package for Total's project in Mozambique aimed at developing gas deposits found off the country's coast.

Petrofac’s Engineering & Production Services division has secured a one-year contract extension worth around US$80 million with a key client in Iraq.

BP has announced that it plans to create the UK's largest 'blue' hydrogen production facility in the Tees Valley.

Norwegian oil company Equinor has exercised its option to add one more well to Odfjell Drilling's Deepsea Atlantic offshore drilling rig contract.

The UK government revealed plans to slash the amount of carbon dioxide spewed out by factories and other industrial processes by two-thirds within the next 15 years.

Abu Dhabi National Energy Co. is considering options for its oil and gas assets, including a potential sale, as the state-owned utility focuses more on power generation, people familiar with the matter said.