Energy news for October 28, 2026
October 28, 2026 · 6 stories
6 stories from across policy and upstream. The day led with Baker Hughes wins Eni subsea contract for Cronos gas field off Cyprus.
Markets
Baker Hughes wins Eni subsea contract for Cronos gas field off Cyprus
Baker Hughes will supply subsea trees, wellheads, manifolds and controls for Eni's deepwater Cronos development, with first deliveries due in the first half of 2027.
Upstream
Saipem wins two Eni rig contracts, off Cyprus and Ghana
Eni units hired the Saipem 10000 drillship for Cyprus and the Scarabeo 9 semisubmersible for Ghana, adding work for the Saipem fleet in 2026 and 2027.
Policy
BLM opens scoping on 104 Wyoming parcels for June 2027 lease sale
The Bureau of Land Management is taking public input on 104 oil and gas parcels covering 123,166 acres, with comments open until November 27, 2026.
Upstream
TotalEnergies buys 25% of 26 Chevron-operated US offshore leases
TotalEnergies takes a quarter of 26 Chevron-operated exploration leases, and Chevron gets 75% operated interest in two TotalEnergies leases.
Policy
DOE closes $5.1 billion loan package for Alliant Energy in Iowa and Wisconsin
The Energy Department's financing office says the loans will add more than 2.6 GW of generation capacity and save customers over $1 billion.
Power
US data center pipeline adds 54 GW in Q2, topping 430 GW
Wood Mackenzie says nearly 80 GW is under construction, even as more than 400 moratoriums have hit 18% of tracked sites since January 2026.
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