Lithuanian Klaipedos Nafta (KN) has completed the procedure for the allocation of 9 TWh long-term regasification capacity for the Klaipeda LNG terminal, securing full occupancy of the terminal until 2033. Commercial customers will use 9 TWh of 33 TWh of terminal capacity each year in 2025–2032, equa
Report: Australia will still need substantial gas production 26 years from now to ensure reliable and affordable energy in 2050, even under a net-zero scenario.
Boa Offshore has presented a new in-house design for future semi-submersible heavy lift barges, which are said to be capable of handling the requirements of any industry or segments regarding heavy loads, large footprints, and extreme submersing depths.
Seatrium Limited has delivered the first FSRU conversion project under the Greek flag for operation in the Aegean Sea to GasLog LNG Services.
Apollo has secured a contract with NEO Energy for a FEED study, which will support the planned redevelopment of an oil project in the UK.
Petrobras’ new five-year strategic plan outlines that oil and gas will be given the biggest slice of its $102 billion investment pie.
Awilco Drilling has won the second arbitration case related to a rig termination deal, after the arbitration tribunal ruled in its favor.
Norwegian shipping company Siem Offshore has signed a letter of intent (LOI) with Helix Energy Solutions for two well intervention vessels. Siem Offshore reported it had signed an LOI with Helix Energy Solutions for a possible long-term extension of charter contracts for Siem Helix 1 and Siem Helix
The International Energy Agency (IEA): The time has come for the oil and gas industry to take a firm stand during the transition era.
Belgian energy infrastructure group Fluxys and its subsidiary Fluxys LNG have opened a call for market interest regarding the expansion and reshaping of the terminal in Zeebrugge for the import of hydrogen and hydrogen derivatives. The call was launched on November 22, 2023, and will run until Febru
Energy conglomerate ČEZ Group has contracted a long-term annual capacity of 2 billion cubic meters at the LNG Stade terminal in Germany, strengthening the energy security of the Czech Republic. The capacity at the terminal has been leased for 15 years, with an option to extend this to 25 years in co
Equinor has received consent for exploration drilling in the North Sea off Norway, using a KCA Deutag Drilling-managed rig.
Jersey Oil & Gas has agreed to sell a partial stake in an asset on the UK Continental Shelf (UKCS) to Serica Energy.
Shell Egypt, a subsidiary of oil major Shell, has made a new gas discovery in an offshore block located in Egypt’s Mediterranean Sea.
