Carbon capture and storage (CCS) is seen as a bridge to help the world wean off carbon fuels. With that in mind, this developing technology is not going to be temporary and is definitely going to happen on a large scale. To reach that as quickly as possible, we need regulations, licensing, a supply
Equinor has struck oil and gas once again in an area where previous commercial discoveries were made, putting tie-back to existing infrastructure on the table as a development option to combine the recent discoveries.
Brazil’s state-owned energy giant Petrobras has signed contracts for the construction and chartering of 12 platform supply vessels (PSVs) and is expected to hand out a contract for six more.
Fugro is performing a comprehensive ground investigation offshore Belgium for a new CO2 highway developed by Norwegian state-owned energy giant Equinor which will be used for transporting CO2 between mainland Europe and Norway. Fugro said its data acquisition will allow Equinor to quickly calculate
Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has signed a new long-term sale and purchase agreement (SPA) with aluminum producer Alcoa of Australia to supply natural gas from its Western Australian (WA) assets.
Equinor has found shallow gas during drilling activities with an Odfjell Drilling-owned semi-submersible rig at a well in the Norwegian Sea off the coast of Norway.
The UK’s underwater industry has grown from £8 billion to £9.2 billion in the last 12 months, now supporting over 51,000 jobs. Thereby, the Global Underwater Hub (GUH) has called on the UK Government to recognize the scale and potential of the industry and to deliver an industrial strategy to boost
The European Council has adopted the 15th sanctions package against Russia, focusing on a further crackdown on Russia’s ‘shadow’ fleet and combating sanctions’ circumvention.
Talos Energy has made arrangements to divest more interest in its subsidiary, Talos Mexico, which holds an interest in a giant oil field off Mexico, to Zamajal, a subsidiary of the Mexico-headquartered Grupo Carso conglomerate.
Two tankers linked to the so-called Russian ‘shadow fleet’ encountered a storm near the Kerch Strait and were heavily damaged. As a result, one of the vessels split into two and sank while the other one ran aground.
BP and ADNOC, through its recently established investment arm, XRG, have given birth to Arcius Energy, a new regional gas platform, with an initial focus on the development of gas assets in Egypt.
INEOS has embarked on a quest to expand its U.S. Gulf of Mexico footprint by inking a deal with CNOOC to take over its Gulf of Mexico business. The acquisition is seen as the British player’s third big investment in America over the past three years.
The Nederwiek IB offshore wind site in the Netherlands, which was initially planned to be part of the upcoming tender in 2025, is expected to be added to the 2026 round as the Dutch government assesses the impact a wind farm there could have on accessing a nearby gas transfer platform. A gas project
Petrobras has finished the anchoring activities for its new floating production, storage, and offloading (FPSO) vessel, which is considered the biggest one off the coast of Brazil to date.
