OMV Petrom has welcomed NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, as its new partner in an offshore block in Bulgaria’s part of the Black Sea ahead of the upcoming hydrocarbon exploration activities, which are anticipated to start at the block this year.
Vår Energi has confirmed the tow-out of a floating production, storage and offloading (FPSO) vessel from the Worley Rosenberg yard to a field in the North Sea off the coast of Norway.
A floating production, storage, and offloading (FPSO) unit owned by ExxonMobil Guyana, a subsidiary of U.S. oil major ExxonMobil, has received the first sustainability notation of its kind from the classification society American Bureau of Shipping (ABS).
Murphy Oil Corporation has set the wheels in motion to buy BW Offshore’s FPSO, which is working at its asset in the Gulf of America, former the U.S. Gulf of Mexico.
South Korea’s shipbuilder Hanwha Ocean has hosted a steel-cutting ceremony for eight new liquefied natural gas (LNG) carriers being built as part of QatarEnergy’s historic LNG fleet expansion project. The vessels will be owned and operated by Qatar Gas Transport Company (Nakilat).
Norway’s TMC Compressors has been selected to deliver a marine compressed air system for the floating liquefied natural gas (FLNG) facility China-based provider of clean energy services Wison New Energies is building for Malaysia’s investment holding and management player Genting.
Indonesia’s state-owned oil and natural gas corporation Pertamina has entered a partnership agreement with Vietnam-headquartered IT firm FPT to use AI-powered solutions to increase the safety of its offshore assets.
U.S.-headquartered Halliburton has been awarded technical assessment work by Perth-headquartered InCapture and its joint venture partners for a carbon capture and storage (CCS) project offshore Australia, with the companies also having signed a collaboration agreement. The greenhouse gas assessment
Indonesian Ministry of Energy and Mineral Resources (MEMR) has issued a directive for all the gas from a field situated in the West Natuna Sea, Indonesia, operated by natural gas-focused Conrad Asia Energy to be made available for the domestic market.
Shell is eyeing a field development plan (FDP) and a final investment decision (FID) in 2027 for its recent natural gas discovery in the North Sea, which is situated on the UK Continental Shelf (UKCS).
A collision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea, north of England, put both vessels on fire, which has since been brought under control.
The stage has been set to embark on offshore activities to put a mooring system for a floating liquefied natural gas (FLNG) unit in place off the coast of Congo, Africa.
Equinor has secured a drilling permit for two exploration wells in the North Sea off the coast of Norway, which are slated to be drilled next month using a semi-submersible rig owned by Odfjell Drilling.
With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissioning bill by $5.5 billion.
