SED Energy Holdings and Ventura Offshore have signed a letter of intent for an all-share combination that would create an energy services group with about $1.3 billion in contracted revenue backlog and an implied pro forma equity value of approximately $1 billion.Under the proposed transaction, SED Energy Holdings would acquire 100% of Ventura Offshore's outstanding
Petronas has awarded a production sharing contract for Malaysia's Estuary Cluster to Harvester Energy and handed over enhanced seismic data for the Mutiara Cluster to DIALOG Resources
Larsen & Toubro Energy Hydrocarbon Offshore (LTEH Offshore) has secured an offshore Engineering, Procurement, Construction, Installation
Asia's crude oil industry has a good idea of how to end the current crisis created by the Iran conflict. But they also know their wish is unlikely to be granted and they are hunkering down for an
The American Bureau of Shipping (ABS) has issued basic design review certification to Hanwha Ocean for a standardized floating production
Eastern Mediterranean-focused gas producer Energean posted a 45% jump in first-half profit on Wednesday, helped by a lower tax charge in Italy
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