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
The world at large still runs on coal, oil, and gas, with the lion’s share of the energy mix controlled by these fuels.
BP has tucked a first gas flow milestone under its belt off the coasts of Mauritania and Senegal at a gas project that is said to be the biggest one in the oil major’s portfolio and one of the deepest, most complex gas developments in Africa.
Hydrogen is considered one of the key components of global decarbonization, with countries setting ambitious capacity and demand targets. In 2024, governments and companies worldwide increased their investments and announced new partnerships and projects, recognizing hydrogen’s potential to decarbon
As the offshore energy industry continues its gradual shift to low-carbon and renewable energy sources, offshore drilling players are intensifying their efforts to slash emissions on the path to a sustainable future. While drilling rigs largely run on diesel, which creates electricity to power the m
While floating production storage and offloading (FPSO) units continue to dominate the deepwater offshore oil and gas projects’ scene, these systems are being adopted for offshore green energy production to unleash clean power from renewables.
A consolidation wave is sweeping across the challenging and shifting global energy landscape, as companies in the hydrocarbon exploration and production (E&P) and offshore drilling domains, alongside others across the entire energy industry and supply chain, race to secure their spots among the top
A liquefied natural gas (LNG) export project in Texas, United States (U.S.), has marked the shipment of 800 cargos.
