As oil and gas exploration off South Africa’s coast continues to garner attention, the offshore drilling activities planned by two energy giants, France’s TotalEnergies and the UK-based Shell, have hit a snag, with the Western Cape High Court opting to set aside the South African government’s decisi
PT Medco Energi Internasional (MedcoEnergi), an Indonesian-based energy and natural resources company, has achieved a significant sustainability milestone, slashing its Scope 1 and 2 greenhouse gas (GHG) emissions by up to 1.5 million tons of CO2 equivalent (CO2e), compared to its 2019 baseline.
Four players – MISC, Petronas, Aker Solutions (AKSO), and Clean Energy Systems (CES) – have laid the groundwork for a demo front-end engineering and design (FEED) process to pave the way for the development of the Zero Emission Power Station (ZEUS) project for both onshore and offshore deployment, e
Statistics Norway, the Norwegian statistics bureau, has revealed a spike in estimates for oil and gas investments in 2026, which are anticipated to hit NOK 230 billion (approximately $22.55 billion), thanks to higher price estimates in the production drilling segment.
With an integrated supply chain in mind, Hanwha Aerospace, a subsidiary of South Korean conglomerate Hanwha Group, has joined forces with Hanwha Energy and Korea Southern Power to bolster cooperation in the global liquefied natural gas (LNG) sector and means of obtaining U.S. LNG to boost Korea’s en
Lime Petroleum, a subsidiary of Rex International Holding, is making inroads in its quest to boost hydrocarbon production by pursuing drilling activities off the coasts of Benin and Norway and progressing its conversion of a mobile offshore production unit (MOPU) in Dubai, and the delivery of a floa
Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has secured a win in the arbitration process with the UK-headquartered Shell over the U.S. player’s delay in kicking off full commercial operations.
Scottish wave energy company Mocean Energy has signed a memorandum of understanding (MoU) with Netherlands-based floating solar developer SolarDuck to develop hybrid offshore renewable systems combining wave and floating solar power. According to Mocean Energy, the companies, both backed by Norwegia
ITM Power has signed a supply agreement and binding heads of terms for a long-term services agreement with MorGen Energy for the 20 MW West Wales Hydrogen project in Milford Haven, UK.
Conrad Asia Energy has provided an operational and resource update for the two production sharing contracts (PSCs) in Indonesia.
Seadrill, an offshore drilling contractor, has found new drilling assignments for a pair of drillships in its fleet with two U.S.-based oil and gas players, Talos Energy and Murphy Oil, in the U.S. Gulf.
Equinor, a Norwegian state-owned energy giant, has received the go-ahead from the country’s authorities to undertake plug and abandonment (P&A) activities in the North Sea off the coast of Norway with a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.
Saipem has corroborated its involvement in a competitive dual front-end engineering design (FEED) phase of a floating production, storage, and offloading (FPSO) module destined for a liquefied natural gas (LNG) project in Indonesia’s Masela block.
Ambipar, a Brazil-headquartered environmental solutions provider, and SBM Offshore, a Dutch provider of the design, construction, installation, and operation of offshore floating facilities, have revealed a new solution for cleaning cargo oil tanks on floating production, storage, and offloading (FP
