The second phase of QatarEnergy’s giant shipbuilding program has surpassed the 100 mark, reaching 104 conventional LNG vessels.
Masirah Oil, a subsidiary of Singapore’s Rex International, has embarked on a multi-well drilling program at a field off the coast of Oman.
Baron Oil has completed a geophysical survey for the Chuditch-2 appraisal well off Timor-Leste and is preparing for the geotechnical survey.
American oilfield services company SLB is acquiring majority ownership in Norwegian pure-play carbon capture company Aker Carbon Capture (ACC) as part of an agreement under which the two parties will combine their respective carbon capture businesses. SLB will pay NOK 4.12 billion (around $379.4 mil
Dutch VTTI and German IKAV have formed a consortium to buy the majority stake in Terminale GNL Adriatico, known as Adriatic LNG, in Italy.
UK regulator North Sea Transition Authority (NSTA) has launched a new emissions reduction plan highlighting that action is required for production decarbonization, including action on flaring and venting and the electrification of oil & gas installations, to ensure the future of the industry and ach
Following a decade-long collaboration, Seaway7, part of Subsea7, and Rotterdam’s Rhenus Port Logistics have extended their partnership with a new ten-year contract. Under the contract, Seaway7 will remain a long-term customer of the Rhenus Deep Sea Terminal for mobilization and demobilization servic
Petrofac has won a contract extension in the Southern North Sea with ONEgas West, a venture owned by Shell UK and operated by NAM.
Global Energy Group (GEG) has finished the fabrication process of two towheads, complete with equipment interface support frames and buoyancy tank interface frame from the Port of Nigg, on behalf of Subsea7 for the Aker BP-operated Valhall PWP-Fenris field in the North Sea off Norway. The 66 ton tow
Chinese shipbuilder Hudong-Zhonghua Shipbuilding has started the construction of what is said to be the first single-class large LNG carrier of China Classification Society (CCS). The steel-cutting ceremony for the 174,000 m3 LNG carrier H1909A of PetroChina International was held at Hudong-Zhonghua
Houston-based marine robotics company Ocean Infinity has signed a five-year global framework agreement (GFA) with energy giant Shell concerning subsea data capture services. The GFA encompasses all countries where Shell is currently active or plans to operate in the future and covers the provision o
Greenpeace activists have held a rally in Bucharest against “the largest natural gas project in the Romanian part of the Black Sea”.
Australian oil and gas player Beach Energy is planning to reduce the headcount across the business by 30% as part of a move aimed at achieving efficiency and operational cost improvements. Beach Energy announced on February 12, 2024, it was undertaking a comprehensive strategic review that aims to r
Offshore energy infrastructure services company Acteon Group has been acquired by private equity investors Buckthorn Partners and One Equity Partners (OEP), with a new Chief Executive Officer (CEO) taking the helm. According to Acteon, Buckthorn and OEP are making a substantial investment in the bus
