High-impact exploration average discovery size is declining while costs have risen for the fifth consecutive year.
France’s GTT has received an order from Hudong-Zhonghua for the tank design of 10 new very large liquefied natural gas carriers (LNGCs).
Genting has handed out a $1 billion contract to Wison New Energies to construct a floating liquefied natural gas (FLNG) facility.
The EU has decided to hit Russia with more sanctions aimed at eating away at the country’s ability to finance its military operations in Ukraine.
Conrad Asia Energy has signed a gas sales agreement for the domestic portion of gas from the Mako field off the coast of Indonesia.
Africa Oil Corp. has struck a deal with BTG Oil & Gas to consolidate shareholdings in Prime, which has deepwater assets located offshore Nigeria.
Norwegian vessel owner DOF Group has added more work to its to-do list for Brazilian oil and gas giant Petrobras by securing two new long-term contracts. The Brazil-built and flagged 142.2-meter-long pipelay support vessel (PLSV) Skandi Niterói has been given a three-year firm plus option contract,
Masirah Oil has wrapped up a multi-well drilling program at a field in the Block 50 concession off the coast of Oman with a recently hired jack-up rig.
Norway’s Reach Subsea is collaborating with compatriot state-owned energy giant Equinor to carry out a technology qualification program for the Reach Remote uncrewed surface vessels (USVs) that aims to validate remote operations for various tasks. Reach Remote 1 and 2 have entered the final testing
Perenco has turned the power production switch on at its new mobile offshore production unit (MOPU) offshore Congo, Africa.
Vopak and Gasunie have launched market consultation to look at LNG, hydrogen, and CCS possibilities at the EemsEnergy Terminal in Eemshaven.
Three companies have confirmed the award of new CO2 storage licenses as part of the sixth call launched by Norway’s Ministry of Energy.
Petrobras has moved up the timeline for the start of operations concerning its floating production, storage, and offloading (FPSO) vessel destined to work off the coast of Brazil.
Has a natural gas development in the North Sea finally managed to catch a break with calm seas and fair winds ahead or is this wishful thinking given the hard stance climate activities have taken on the project?
