Prosafe (PRS.OL) said Friday it signed a contract to offer accommodation to the crew of oil and gas company Ithaca Energy (ITH.L) at the Captain field in the UK North Sea.
The Norwegian accommodation vessel operator will provide its Safe Caledonia vessel. The agreement is valued at between $30 million and $44 million.
President Donald Trump told reporters aboard Air Force One that a possible extension of his tariff truce was not discussed with his Chinese counterpart Xi Jinping during a summit in China, Bloomberg reported Friday.There had been some speculation that the two leaders could announce an extension of their tariff deal, with the agreement set to expire later this year, the report said.A White House spokesperson did not immediately respond to' request for comment.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
(Updates to add Saudi Aramco's statement)Saudi Arabian Oil Co. (SASE:2222), d/b/a Saudi Aramco, could raise as much as $35 billion from asset deals following demand from funds, Bloomberg News reported Friday, citing people familiar with the matter.The state-owned oil giant's assets are considered lucrative and could attract interest from Wall Street firms despite the Middle East conflict, the report said.Aramco declined to comment when reached by.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Abu Dhabi National Oil Co, or Adnoc, signed two strategic collaboration agreements with Indian energy partners covering crude, liquefied natural gas and liquefied petroleum gas supply as well as energy storage opportunities.The Abu Dhabi state-owned oil producer said Friday its agreement with Indian Strategic Petroleum Reserves Ltd. includes potentially expanding its crude oil storage in India to up to 30 million barrels, including an existing one at Mangalore and via new sites at Vishakhapatnam and Chandikol. The deal also looks into the possibility of storing Indian strategic petroleum reserves in Fujairah, as well as potential LNG and LPG storage opportunities within India.Separately, Adnoc's agreement with Indian Oil Corp. builds on the companies' existing LPG term contract since 2023 and aims to explore expanding supply of the gas and trading opportunities, including through Adnoc Global Trading.