Australia’s Karoon Energy has engaged in negotiations to take possession of a floating production, storage, and offloading (FPSO) vessel working on its project off the coast of Brazil with the FPSO’s current owner and operator, Altera & Ocyan (A&O).
Staatsolie is taking action to secure the money required to cover its part of the development costs for the first-ever offshore oil field in Suriname, which is operated by TotalEnergies.
Technological advancement, supportive policy regulations, and integration of greener and cleaner power innovations are a bedrock of an equitable energy transition age for Malaysia’s Velesto Energy, which has set its cap on growth and expansion by dipping its toes into robotics and eyeing potential d
Shell has put into operation mode its first new FPSO in the North Sea after more than two decades have gone by since its previous one.
UK’s electrolyzer manufacturer ITM Power has been contracted by an undisclosed European energy company to jointly develop a standard design configuration for a 10 MW green hydrogen production plant.
Guyana’s Office of the Prime Minister has put its stamp of approval on planned budgetary allocations of $141.45 billion, which is anticipated to lend a helping hand in finishing important projects. As a result, this amount encapsulates a $51.2 billion investment to bolster the country’s flagship gas
Norwegian oil & gas company Vår Energi has signed a pre-commitment agreement with OneSubsea, a joint venture (JV) backed by SLB, Aker Solutions and Subsea7, for the delivery of subsea production systems (SPS), a move expected to shorten subsea tie-back development time by up to one year. Under the S
Which side will come on top is not yet clear, but it is unlikely that either will throw in the towel at this late stage in the UK’s oil and gas saga without a fight.
Germany’s Securing Energy for Europe (SEFE) has signed a memorandum of understanding (MoU) with Saudi Arabia’s ACWA Power for the production and supply of green hydrogen to Europe.
EemsEnergy Terminal has taken steps to determine whether it should remain in business after 2027 or close its doors by launching an open season for the storage and regasification of LNG in the Eemshaven after 2027 in the Netherlands.
Spanish energy giant Repsol has approved a more than €800 million investment in renewable methanol project Ecoplant in Tarragona.
Vaalco Energy has confirmed a timeline for the departure of a floating production, storage, and offloading (FPSO) vessel, operated by Canadian Natural Resources International (CNRI), from a deepwater oil field off the coast of Côte d’Ivoire in Africa.
German specialty chemicals company Evonik has signed a term sheet with Dutch energy company VoltH2 to advance green hydrogen production at the Delfzijl chemical park in the Netherlands.
Brazil’s state-owned oil and gas giant Petrobras has recorded an increase in its proven reserves of oil, condensate, and natural gas in 2024 compared to the previous year.
