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ConocoPhillips signs up for QatarEnergy’s North Field South LNG expansion
Business & Finance

ConocoPhillips signs up for QatarEnergy’s North Field South LNG expansion

Qatar’s state-owned oil and gas company QatarEnergy has selected the US energy giant ConocoPhillips as its third and final international partner in the North Field South (NFS) expansion project. The NFS project comprises two liquefied natural gas (LNG) mega trains with a combined capacity of 16 mill

about 3 years ago
With energy security in mind, ADNOC CEO calls for ‘maximum energy with minimium emissions’
Business & Finance

With energy security in mind, ADNOC CEO calls for ‘maximum energy with minimium emissions’

Keeping the global energy crisis at the forefront, the CEO of ADNOC believes that the world needs all the energy solutions it can get.

about 3 years ago
Shell Brasil taps Helix for well decommissioning
Business & Finance

Shell Brasil taps Helix for well decommissioning

Helix Energy Solutions has secured a deepwater well decommissioning contract with Shell Brasil in the Campos Basin. The scope of work includes plug and abandonment services on subsea wells located in the Bijupira and Salema fields. The project is scheduled to commence in early 2024 for a minimum fir

about 3 years ago
Subsea 7 wins 'sizeable' contract in Asia Pacific
Business & Finance

Subsea 7 wins ‘sizeable’ contract in Asia Pacific

Subsea 7 has secured a “sizeable” contract in the Asia Pacific region with an undisclosed client. Subsea7 defines a sizeable contract as being between $50 million and $50 million. Engineering work is set to commence immediately and offshore activity is scheduled for 2024 and 2025. The company did no

about 3 years ago
Centrica
Business & Finance

‘UK’s largest gas storage site’ back in operation ahead of winter to boost energy security

Centrica has increased the UK’s storage capacity by 50 per cent with the reopening of a gas storage facility in the Southern North Sea.

about 3 years ago
Port of Long Beach
Business & Finance

Port of Long Beach wins $30.1 million for clean air project

The Port of Long Beach is set to receive a $30.1 million grant from the U.S. Department of Transportation for its clean air project. Under the project, the port plans to deploy the nation’s “largest fleet of manually operated, zero-emissions cargo handling equipment at a single marine terminal.” Spe

about 3 years ago
‘Key’ deals pushing forward Sarawak’s gas development and low-carbon transition
Business & Finance

‘Key’ deals pushing forward Sarawak’s gas development and low-carbon transition

Malaysia’s Petronas has inked two deals with Petroleum Sarawak (Petros) to scale up the sustainable development of Sarawak’s energy industry.

about 3 years ago
Survey at Malta-Italy interconnector nearing final stages
Business & Finance

Survey at Malta-Italy interconnector nearing final stages

The preliminary marine route survey for the second Malta-Italy electricity interconnector is nearing its final stages, project developer InterConnect Malta reported. The seabed survey was split into three sections, including nearshore Malta, offshore – along the route between the two countries, and

about 3 years ago
China Shipping
Business & Finance

COSCO splashes $2.87 bln on twelve methanol-powered 24,000 TEU mammoths

Hong Kong-listed shipping major COSCO Shipping Holdings has placed an order for the construction of twelve 24,000 TEU methanol dual-fuel containerships worth $2.87 billion. The construction contract was signed by the company’s subsidiaries Orient Overseas Container Line (OOCL) and Cosco Shipping Lin

about 3 years ago
UK regulator launches probe to check if North Sea operator failed to meet licence obligations
Business & Finance

Probe launched to see if North Sea operator failed to meet licence obligations

UK’s regulator has opened an investigation to find out whether an oil & gas company has failed to comply with North Sea licence obligations.

about 3 years ago
shipping
Business & Finance

In focus: Window to meet 1.5°C target is closing, urgent transformation is needed now

As the UNEP points to slow progress on achieving 1.5°C target, it is more urgent than ever to put pledges into action, and accelerate the transition with strong support from the financial sectors.

about 3 years ago
Diamond Offshore's Ocean GreatWhite rig
Business & Finance

Diamond Offshore’s giant semi-sub rig reaches UK

Diamond Offshore’s giant semi-submersible drilling rig Ocean GreatWhite has reached the Kishorn Port in the UK.

about 3 years ago
PXGEO 2 to acquire seismic data for TGS in Asia Pacific
Business & Finance

PXGEO 2 to acquire seismic data for TGS in Asia Pacific

PXGEO has secured a towed streamer contract in the Asia Pacific region to acquire 3D seismic data for TGS. The seismic vessel PXGEO 2 is set to mobilize in December for the project. Activities are expected to last for approximately three months. PXGEO entered into an agreement with TGS last year for

about 3 years ago
All systems go for Equinor to spud North Sea well
Business & Finance

Equinor gets the all-clear to spud North Sea well

Equinor has received consent from Norway’s offshore safety regulator for exploration drilling in the North Sea off Norway.

about 3 years ago
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