Vår Energi has updated its cost estimate for a field life extension project in the North Sea off Norway to reflect a tighter supplier market.
U.S.-based Commonwealth LNG has entered into a heads of agreement (HoA) with compatriot EQT for one million tons per annum (mtpa) of LNG under a 15-year tolling agreement, and associated gas supply to Commonwealth LNG’s facility in Cameron, Louisiana, U.S. According to Commonwealth, the terms antici
Equinor has revised the cost estimate for its Johan Castberg project in the Barents Sea due to the rise in cost within the industry.
Norwegian oil and gas company DNO Norge has made a new gas condensate discovery in the Norwegian sector of the North Sea.
As COP28 nears, concerns surrounding climate change are heating up and the pressure on the oil and gas industry is mounting day in, day out.
Brazilian oil and gas player Enauta has concluded the drilling and completion of the last well in its drilling programme at a field offshore Brazil.
Russia’s Gazprom has announced that its own-produced shipment of liquefied natural gas (LNG) at the complex near the Portovaya CS was completely unloaded from the Velikiy Novgorod LNG tanker at the Tangshan LNG import terminal in China. Gazprom noted it was the first time its own-produced LNG was de
BW Offshore has completed the sale of another floating, production, storage, and offloading (FPSO) vessel, which is working at an oil field offshore Nigeria.
Valeura Energy has carried out the drilling of two appraisal wells at an oil field in the Gulf of Thailand, which is currently offline.
Orcadian Energy has set the wheels into motion to sell a big chunk of its interest in a huge undeveloped North Sea field to an undisclosed player on the UK Continental Shelf (UKCS).
Norway’s DOF Group has won three new service contracts with Brazilian state-owned oil and gas giant Petrobras that are worth more than $260 million. The contracts include survey and inspection work and will see at least three vessels used to perform flexible pipeline, risers and subsea equipment ins
Spanish energy company Enagás and Port of Huelva have signed an agreement to facilitate the integration of renewable gases such as hydrogen and BioLNG into the integrated logistics chain and promote future decarbonisation projects at the Enagás plant in Huelva. The agreement aims to establish the gr
Lithuanian Klaipeda LNG terminal operator Klaipedos Nafta (KN) has offered the market 9 TWh of the LNG terminal regasification capacities for the period from 2025 to 2032 and from 2033 onwards. The National Energy Regulatory Council approved the updated allocation model at the end of July, and accor
Last week’s G20 summit in India concluded with mixed progress on environmental issues. The leaders hailed the ambitious new renewable energy goal to “pursue and encourage efforts to triple renewable energy capacity globally” by 2030. However, the gathering was marked with lingering disagreements and
