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A service for energy industry professionals · Monday, May 5, 2025 · 809,697,752 Articles · 3+ Million Readers
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Central Asia Offshore Oil News  •••  Topics

Central Asia Offshore Oil Newswire

  • Published on 12:53 GMT

    Kazakhstan's Satti drilling rig to be deployed in Turkmen sector of Caspian Sea

    In Turkmenistan, the first Kazakhstani self-elevating floating drilling rig (SEDR) Satti (owner - KMG DS) will be used at the Cheleken field. It is currently undergoing technical preparation procedures for towing to the destination. This was reported on …

    Source: Turkmenportal - Gov't Propaganda
  • Published on May 1, 2025

    Kazakhstan wants its oil back – it comes at the worst time for the EU

    ALMATY, KAZAKHSTAN – Kazakhstan's push to renegotiate opaque, decades-old oil contracts at Kashagan, where 98% of revenues go to foreign companies, is straining relations with the EU and exposing deeper tensions over transparency, sovereignty and …

    Source: EurActiv - Neutral
  • Published on May 4, 2025

    Rekindling the spark for SPACs?

    Understanding the SPAC life cycle (Source: PwC) KUCHING (May 4): Once hailed as the future of public offerings, special purpose acquisition companies (SPACs) surged in popularity before facing a wave of skepticism and regulatory scrutiny. But are they …

    Source: Borneo Post - Neutral
  • Published on May 3, 2025

    China’s military surge signals urgency for India’s defence readiness

    As China seeks to achieve “national rejuvenation” by its centenary in 2049, Chinese Communist Party (CCP) leaders view a modern, capable, and “world-class” military as essential to achieving its revisionist aims (changing the current status quo) and …

    Source: Firstpost - Center-right
  • Published on May 2, 2025

    Big Oil earnings show split in production strategy, shareholder returns

    By Sheila Dang and Shadia Nasralla HOUSTON/LONDON (Reuters) -Big Oil's first-quarter earnings have shown a clear split in how companies are positioned to weather the downturn sparked by a slump in oil prices to a four-year low in April. Investors …

    Source: Yahoo Finance - Pending
  • Published on May 1, 2025

    Step on the gas, pretty please

    The global energy show will go on regardless of the obstacles in its path and the challenges it faces worldwide on a specific and general level, such as the climate change conundrum and the current tariff tug-of-war challenges. The climate change woes …

    Source: Offshore Energy - Neutral
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  • Published on May 2, 2025 - 10:45 GMT

    Brookfield Business Partners Reports First Quarter 2025 Results

    BROOKFIELD, News, May 02, 2025 (GLOBE NEWSWIRE) -- Brookfield Business Partners (NYSE: BBU, BBUC; TSX: BBU.UN, BBUC) announced today financial results for the quarter ended March 31, 2025. “We had an active start to the year, generating over $1.5 billion …

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  • Published on May 2, 2025 - 06:00 GMT

    Shell Plc 1st Quarter 2025 Unaudited Results

                                  SHELL PLC 1st QUARTER 2025 UNAUDITED RESULTS                                                       SUMMARY OF UNAUDITED RESULTS Quarters $ million     Q1 2025 Q4 2024 Q1 2024 %¹   Reference       4,780    928    7,358    +415 …

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