Qatar Gas Transport Company (Nakilat), Qatar’s shipping and maritime player, has joined forces with the Export-Import Bank of Korea (KEXIM) to set up the first financing package for 25 conventional liquefied natural gas (LNG) carriers being constructed in Korea.
Eni Congo, a subsidiary of Italy’s energy giant Eni, has hired six vessels on a multi-year assignment from Bourbon, a French maritime services provider, to support operations at its fields off the coast of Congo.
UK-based Inyanga Marine Energy Group has assumed operational management of the newly built Tor Boreas, a hybrid utility vessel developed for offshore wind operations. According to Inyanga, the 26.95-meter vessel will be operated in partnership with compatriot company, Tor Group, and is designed for
Stargate Hydrogen has entered into an alliance with Repsol through a transaction in which Repsol’s corporate venture arm acquired a minority stake in Stargate to support its international growth, manufacturing scale-up, and technology development.
Texas-based exploration and production player Beacon Offshore Energy has begun oil and natural gas production from a deepwater project connected to a floating production system (FPS) facility in the Gulf of America, formerly the U.S. Gulf of Mexico.
Aker BP has made arrangements with JAPEX Norge, a Norwegian subsidiary of Japan Petroleum Exploration (JAPEX), to trade partial interests in two fields for the Japanese player’s Northern North Sea assets.
Valaris has won a new batch of rig assignments and extensions, enabling three drillships and three jack-ups to secure work in different geographies.
The UK government has allocated a £30 million (about €34.4 million) funding to decarbonize shipping and power up local economies.
Chevron has cleared all the hurdles in its path to bring Hess Corporation, a fellow oil and gas player, into its fold. As a result, the companies are taking steps to blend their operations, enabling Chevron to expand its oil and gas arsenal, with four regions pinpointed as the ones where this merger
Malaysian oil & gas services provider Sapura Energy has secured new contracts with Chevron’s Thailand subsidiaries, as well as with Thai national oil & gas company PTT Exploration and Production (PTTEP), that together have a value of over RM 500 million (roughly $118 million). The contracts with the
Canada-based Valeura Energy, an oil and gas company, has made a move to acquire partial stakes from Thailand’s national oil and gas player, PTT Exploration and Production Public Company Limited (PTTEP), in two offshore blocks off the coast of Thailand.
The UK’s Department for Energy Security and Net Zero has issued the statutory notices for Allocation Round 7 (AR7) and Allocation Round 7a (AR7a) on July 23, 2025, confirming changes to pricing and contract structure under the Contracts for Difference (CfD) scheme. For the first time, separate indic
PTTEP, Thailand’s national oil and gas player, has made a play for a stake, which Hess Corporation, now part of Chevron, holds in the Malaysia-Thailand Joint Development Area (MTJDA).
Air Liquide has taken the final investment decision (FID) to launch the construction of ELYgator, a 200 MW electrolyzer project in Maasvlakte, at the Port of Rotterdam, the Netherlands.
