Aker BP and OMV have completed the acquisition of a 3D seismic survey over their carbon capture and storage (CCS) license area in the Norwegian North Sea. Norwegian seismic company PGS with its vessel Ramform Atlas carried out the campaign over the Poseidon CCS license located approximately 100 kilo
The final investment decision (FID) has been made for the Porthos CO2 storage project – the first such project in the Netherlands, allowing construction to start next year. Porthos, a joint venture of EBN, Gasunie, and the Port of Rotterdam Authority, will provide transport and storage services to s
Norway’s energy giant Equinor has awarded Ocean Installer with an engineering, procurement, construction and installation (EPCI) contract for the subsea tie-back of the Eirin gas field in Norwegian waters. The scope covers the installation of structures, flexibles, umbilical, seabed rectification, t
UAE’s integrated gas processing company ADNOC Gas has announced a multi-year liquified natural gas (LNG) supply agreement, valued between $500 million (AED 1.8 billion) and $700 million (AED 2.5 billion), with JERA Global Markets, a trading subsidiary of Japan’s energy major JERA. ADNOC Gas said the
Texas-based LNG company Excelerate Energy has signed a ten-year contract with Brazilian state-owned oil and gas giant Petrobras to charter the floating storage and regasification unit (FSRU) Sequoia. Under the agreement, which will commence on January 1, 2024, Excelerate will continue to deploy the
The United States has issued an amendment to the license granted to the government of Trinidad and Tobago allowing the joint development of an offshore gas project with Venezuela. Trinidad and Tobago’s Minister of Energy and Energy Industries Stuart R. Young reported that the Office of Foreign Asset
QatarEnergy and Shell, through their affiliates, have signed two long-term LNG sale and purchase agreements for the supply of LNG from Qatar to the Netherlands. Pursuant to the agreements, up to 3.5 million tons per annum (mtpa) of LNG will be delivered to the Gate LNG terminal in the port of Rotter
Brazilian state-owned oil and gas giant Petrobras has broken its quarterly record of operated oil and gas production in the third quarter of this year, reaching 3.98 million barrels of oil equivalent (boe) per day, 7.8% above the previous quarter. Petrobras also reported that it had reached a monthl
Eni and the UK Government’s Department of Energy Security and Net Zero (DESNZ) have reached an agreement in principle on the key terms and conditions for the economic, regulatory, and governance model for the transportation and storage of CO2 at the HyNet North West industrial CCS cluster. Principle
Dana Petroleum, the UK subsidiary of Korea National Oil Corporation (KNOC), has discovered high-quality gas in the North Sea through exploratory drilling in the 42/27 exploration block. Dana Petroleum acquired a 50% stake in block 42/27 in the southern North Sea through international bidding in 2020
UK well decommissioning company Well-Safe Solutions is targeting carbon capture, usage and storage (CCUS) projects with the appointment of the company’s first energy transition manager. Well-Safe announced on 17 October that it is adding CCUS as well as geothermal project capabilities to its offerin
Houston-based oil and gas company Marathon Oil has entered into an LNG sales agreement with Glencore for the Alba field in Equatorial Guinea, effective from next year. Through its wholly-owned subsidiaries, Marathon Oil entered into a five-year firm LNG sales agreement with Glencore Energy UK for a
Brazilian state-owned oil and gas giant Petrobras has awarded compatriot offshore oil and gas services provider Ocyan with a contract to carry out the revitalization of a network of gas pipelines in the Campos Basin. The contract, valued at approximately $317.49 million, is expected to last four and
Golar LNG, an owner and operator of marine LNG infrastructure, has announced that FLNG Hilli Episeyo offloaded its 100th LNG cargo on Saturday, October 14. According to the company, the 100th cargo was loaded onto MV Energy Integrity. Golar LNG emphasized that Hilli, the 2.4 mtpa floating liquefacti
