As the climate crisis continues to wreak havoc across the globe, New York has taken decisive action to hold fossil fuel players accountable for their pollution effects by establishing a new climate fund, described as landmark legislation to strengthen the state’s climate endeavors and environmental
Saipem’s pipelay vessel Castorone is on its way to the Black Sea where it will perform offshore pipeline installation for the second phase of Türkiye’s largest natural gas field. On its way to the Sakarya project, Castorone crossed the Dardanelles Strait early on December 26, covering a distance of
Cheniere Energy has achieved the first LNG production milestone at its Corpus Christi LNG facility in Texas.
ADES Holding Company, part of Saudi Arabia-headquartered ADES Group, has landed a new multi-year drilling assignment for its jack-up rig with Thailand’s national oil and gas company PTT Exploration and Production (PTTEP).
Eni has kicked off production from the second stage of its oil and gas development off the coast of Côte d’Ivoire, which is said to be the largest discovery in this country and the first net-zero upstream project, in terms of Scope 1 and 2 emissions, on the African continent.
Three players, two incorporated in the United States (U.S.) and one in the Middle East, recently set up a new joint venture, named Turnwell, which has ticked off its list the first batch of wells in its initial 144-well program under 20 days.
As three rigs press play to resume hydrocarbon search at the Stabroek block on South America’s North Atlantic coast, this enables ExxonMobil to keep looking for more oil and natural gas resources off the coast of Guyana, with drillships owned by Noble Corporation and Stena Drilling.
U.S. offshore drilling contractor Noble Corporation has won a new offshore drilling assignment in the Gulf of Mexico for one of its drillships.
Aker BP has received the Norwegian authorities’ blessing to drill two exploration wells in the Norwegian Sea, off the coast of Norway, with a semi-submersible rig owned by Italy’s Saipem.
Nebula Energy has revealed that its majority-owned AG&P LNG is continuing its gas expansion quest by striking a new deal to create a joint venture company in India with a local player in the liquefied natural gas (LNG) arena.
Steelhead LNG is mounting one more legal challenge against an LNG project on Canada’s West Coast. Legal proceedings are underway against Pembina Pipeline Corporation and ARC Resources in connection with a floating LNG (FLNG) solution for this development.
Santos has received the thumbs-up for its revised environment plan (EP) from the country’s offshore regulator, which will enable it to bring online a new well off the coast of Australia to bolster gas production from existing assets.
Russia’s giant Gazprom has set its investment program and budget for next year at RUB 1.52 trillion (almost $15.22 billion), a drop of about 7% compared with the planned spending of RUB 1.64 trillion (nearly $16.43 billion) for 2024.
CNOOC has begun oil production from a development project in Liaodong Bay of Bohai Sea off the coast of China.
