While multiple new oil and gas projects were sanctioned throughout 2023, the top eight ones are listed in this article.
Shell has tucked a green light for its environment plan (EP) under its belt for a seabed survey on the Crux natural gas field off Australia.
The oil and gas industry become a hotspot for multi-billion mergers and acquisitions in 2023 while hinting at further consolidation in the fossil fuel machinery.
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.
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.
Offshore hydrogen project PosHydon is entering its final stage with the first hydrogen expected to be produced in the second half of 2024, René van der Meer, Head of New Energy Development at Neptune Energy, revealed during the Offshore Energy Exhibition & Conference (OEEC) 2023. PosHYdon, an initia
Korea National Oil Corporation (KNOC) is taking part in a national initiative to explore and identify potential CO2 storage sites within waters around the Korean peninsula. KNOC announced on December 26 that it was embarking on a full-scale exploration to secure underground storage of carbon dioxide
UTM Offshore and Nigerian National Petroleum Corporation (NNPC) have signed a shareholders agreement with Delta State Government for the development of the nation’s first indigenous floating LNG project. Under the agreement, which was hailed as a significant milestone in the development of the proje
Japanese energy company JERA has signed an agreement with the Association for Overseas Technical Cooperation and Sustainable Partnerships (AOTS) for system design and other support related to the adoption of LNG in the Philippines. The agreement follows the selection of JERA as the contracted party
Equinor has signed an agreement with State Oil Company of Azerbaijan Republic (SOCAR) to divest all its remaining assets in Azerbaijan where it has been present since 1992. The assets comprise a 7.27% non-operated interest in the Azeri Chirag Gunashli (ACG) oil fields in the Azerbaijan sector of the
Harbour Energy has the wheels into motion to acquire all of Wintershall Dea’s assets, aside from the ones in Russia, for $11.2 billion.
Shell has made a final investment decision (FID) for a deepwater oil development in the U.S. Gulf of Mexico.
