Wood Mackenzie has come up with ten predictions for the energy industry in 2024, which hint at a downturn in gas, LNG.
Following the global energy crisis in 2022, energy security reigned supreme on countries’ energy agendas during 2023.
Inpex has received a seal of approval for an environment plan (EP), covering pre-drill site surveys, and drilling and evaluation ops off the coast of Australia.
Woodside has submitted an environment plan (EP) for drilling and subsea installation activities off the coast of Australia.
EIG is in the process of acquiring Ocyan Participações, a Brazilian-based solutions provider to the offshore oil and gas industry.
Arabian Drilling has provided an update on the upgrades to its new offshore rigs, which have been hired for drilling ops by Aramco.
Vår Energi has completed the divestment of its entire interest in a field located in the Norwegian part of the North Sea to Petrolia NOCO (Petrolia).
Seatrium has secured early refinancing of S$400 million (more than $303.13 million) from DBS Bank Limited with an option to convert to a sustainability-linked loan.
The oil and gas industry is always on the lookout for ways to boost production levels at offshore fields and gain access to stranded and untapped reserves that are not easy to bring online.
Italian oil and gas company Eni has introduced the first gas into the Tango floating LNG (FLNG) facility moored in Congolese waters. Eni revealed this ‘key milestone for the Congo LNG project’ on December 28, 2023, noting that gas introduction has been achieved in record time – only twelve months af
U.S. energy company New Fortress Energy (NFE) has signed a definitive agreement to acquire a 1.6 GW capacity reserve contract (PortoCem PPA) from Ceiba Energy that will be transferred to new power assets connected to NFE’s existing LNG terminals in Brazil, enabling NFE to become “leading LNG-to-powe
Brazilian state-owned oil and gas giant Petrobras is set to acquire stakes in three exploratory blocks in São Tomé and Príncipe in Africa through a competitive process conducted by Shell. Petrobras reported on December 27 that its Board of Directors had approved the company’s operations in São Tomé
Indian LNG importer Petronet LNG Limited (PLL) has signed binding transaction documents with Gopalpur Ports to set up its maiden LNG terminal on the east coast of India. According to Petronet LNG’s social media update, sub-concession agreement, sub-lease deed, and port service agreement with Gopalpu
Qatar’s state-owned oil and gas company QatarEnergy has entered into a five-year crude oil supply agreement with Shell International Eastern Trading Company, Singapore (Shell). Commencing in January 2024, the deal encompasses the supply of up to 18 million barrels annually of Qatar Land and Qatar Ma
