Given the uptick in Canada’s oil and gas stocks, some blame the fossil fuel industry for Trump’s annexation threat, painting renewable energy as the solution.
U.S.-headquartered LLOG Exploration is closing in on the first oil production from a deepwater project in the U.S. Gulf of Mexico as a floating production unit (FPU) destined for work at this oil development achieves refurbishment progress, which is expected to be wrapped up soon.
Serica Energy is progressing with a phased restart of oil and gas production at an FPSO in the North Sea, which is working on its oil and gas assets on the UK Continental Shelf (UKCS).
Following delays related to the startup of Vietnam’s liquefied natural gas (LNG) projects under development announced at a recently held industry event, the country’s Prime Minister has called for stepping up the ante on starting their commercial operation.
Isle of Man-headquartered oil and gas company Challenger Energy Group (CEG) is making progress in setting the stage to embark on a formal farm-out process later this year for a shallow water exploration block off the coast of Uruguay.
Seacrest Petroleo, an independent oil & gas production company with an integrated portfolio of onshore producing oil fields and export infrastructure onshore in Brazil’s Espírito Santo, has filed an arbitration request against Brazil’s state-owned oil & gas giant Petrobras over alleged subsea pipeli
Vår Energi has secured a drilling permit from the country’s authorities to spud an exploration well in the North Sea, off the coast of Norway, using one of COSL Drilling Europe’s semi-submersible rigs.
With a backlog of $33 billion and sustainability at the heart of its strategy to future-proof its floating production units, SBM Offshore is expecting to see a new batch of 40 floating production, storage, and offloading (FPSO) opportunities in the next three years, out of which around 16 are antici
President Joe Biden’s legacy has now added an offshore drilling ban, spanning over 625 million acres of the U.S. ocean, to the mix.
Equinor has achieved a new production milestone at its natural gas asset in the North Sea, which is said to be the largest oil and gas field off the coast of Norway.
H2Carrier and Greenstat Hydrogen India (GHI) have signed a memorandum of understanding (MoU) to accelerate the development and deployment of green hydrogen and ammonia projects located in India and Sri Lanka.
Canada’s oil and gas player Trillion Energy has kicked off activities on two tripod platforms as part of its efforts to boost production and optimize gas flow at a field offshore Türkiye.
Nortrans has found a job for a 2015-built maintenance and support unit, which is part of its managed fleet.
The top three fossil energy projects, which came into operation during 2024, reflect the prevailing market trends of entwining dynamic hydrocarbon and alternative greener plays driven by the security of supply pursuits with strong decarbonization currents to enable the industry players to come to gr
