By employing digitalization and artificial intelligence (AI), Rystad Energy, an energy market intelligence group, has highlighted that exploration and production (E&P) companies could reap close to $500 billion in cumulative value between 2026 and 2030.
Given the growing concerns over a draft domestic gas reservation framework, Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has emphasized the investment risks such a move could bring, intensifying east coast gas supply pressures.
French technological containment specialist Gaztransport & Technigaz (GTT) has won new tank design jobs for liquefied natural gas (LNG) carriers (LNGCs) with HD Korea Shipbuilding & Offshore Engineering (HD KSOE) and Hanwha Ocean.
With more than 80 million tonnes per annum (mtpa) of liquefied natural gas (LNG) supply, representing around 20% of global supply, being inaccessible to global markets, the Strait of Hormuz closure has the potential to spark the biggest energy supply shock in decades, according to Wood Mackenzie, an
Haesong Offshore Wind has signed preferred supplier agreements (PSAs) with LS Cable & System and LS Marine Solution, alongside a tripartite memorandum of understanding (MoU) with LS Cable & System and KEPCO Engineering and Construction (KEPCO E&C), for its Haesong Offshore Wind 1 and 3 projects in S
As oil prices top $100 per barrel (bbl), Wood Mackenzie, an energy intelligence group, has pinpointed the uptick in energy prices as the reason for the revival in windfall tax debate across four continents.
French tubular solutions provider Vallourec and Syngular Solutions, a Brazilian engineering and consulting company specialized in bioenergy with carbon capture and storage (BECCS) and carbon capture, utilization and storage (CCUS) projects, have signed a memorandum of understanding (MoU) to collabor
As the North Sea offshore energy industry voices urge the UK government to put an end to reliance on imports, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has emphasized the need for the government to focus on unlocking homegrown power of supply to mitigate the
Norwegian offshore vessel owner Eidesvik Offshore has landed an extension for its 22-year-old supply ship, which is working for Equinor, a compatriot state-owned energy giant.
Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shed light on its fleet utilization for last month and its plans for the future.
U.S.-headquartered energy technology giant Baker Hughes has secured a contract extension with Brazil’s state-owned energy giant Petrobras for the expansion of integrated well construction operations across the South American country’s pre-salt offshore oil and gas fields.
Qatar’s state-owned oil and gas giant QatarEnergy has notified Italy’s Edison about a contractual force majeure extension, adding five more liquefied natural gas (LNG) cargos to the existing list of impacted ones.
Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has received the green light for its seawater intake riser (SWIR) technology from American Bureau of Shipping (ABS), a classification society.
The International Maritime Organization (IMO) has approved the new safety guidelines for the use of ammonia as fuel on gas carriers, providing a practical framework to manage the associated safety risks, particularly its toxicity and handling requirements. The guidelines were developed through colla
