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News

US rubber-stamps oil transportation restart from asset offshore California
News

US rubber-stamps oil transportation restart from asset offshore California

Sable Offshore, a Texas-headquartered oil and gas company, has been given the thumbs-up to resume oil flow from its Santa Ynez Unit (SYU) and pipeline system off the coast of California to address supply disruption risks.

about 6 months ago
US oil sanctions waiver seen as ‘financial lifeline’ for Russia
News

US oil sanctions waiver seen as ‘financial lifeline’ for Russia

Germany’s non-profit environmental research organization, Urgewald, has offered its take on Washington’s decision to present Russia with a month-long sanctions waiver amid the Middle East conflict between Iran and the United States (U.S.)-Israel alliance.

about 6 months ago
Middle East conflict affects around 15% of TotalEnergies’ total output
News

Middle East conflict affects around 15% of TotalEnergies’ total output

France-headquartered energy giant TotalEnergies has provided insight into the impact the ongoing conflict between the U.S.-Israel alliance and Iran is having on its activities, highlighting its expectations of being able to offset the loss caused by the production halt in the Middle East with higher

about 6 months ago
‘Shipbuilding industry’s first’ robotic pipe fabrication facility opens in South Korea
News

‘Shipbuilding industry’s first’ robotic pipe fabrication facility opens in South Korea

South Korea’s Samsung Heavy Industries (SHI) has launched what it says is the shipbuilding industry’s first robotic pipe spool fabrication facility, set to begin full-scale operations. The PIPE ROBOFAB facility is located in Haman County in South Gyeongsang Province, on a total area of 6,500 square

about 6 months ago
Go-ahead for Pelican State’s multibillion-dollar LNG project to up its export ante
News

Go-ahead for Pelican State’s multibillion-dollar LNG project to up its export ante

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has received the green light from the U.S. Department of Energy (DOE) to augment exports from its LNG facility south of New Orleans, Louisiana.

about 6 months ago
Dutch start building Enshore’s specialist shallow draft cable lay barge
News

Dutch start building Enshore’s specialist shallow draft cable lay barge

Holland Shipyards Group is constructing a specialist shallow draft cable lay barge, purpose-built to support nearshore and inshore cable installation and marine support operations, for Enshore Subsea, with delivery expected this summer. Enshore Advantage is being built at Holland Shipyards Group’s y

about 6 months ago
‘Lengthy’ farm-out for African oil & gas assets edging closer to finish line
News

‘Lengthy’ farm-out for African oil & gas assets edging closer to finish line

Tower Resources, the AIM-listed oil and gas company focused on Africa, is making inroads in closing its farm-out deals for assets off the coasts of Namibia and Cameroon.

about 6 months ago
NYK Line comes aboard Stolt-Nielsen’s Avenir LNG
News

NYK Line comes aboard Stolt-Nielsen’s Avenir LNG

Japan’s Nippon Yusen Kabushiki Kaisha (NYK Line) has taken steps to acquire a stake in Avenir LNG, an owner and operator of small-scale liquefied natural gas (LNG) carriers and LNG bunker vessels, thanks to its deal with Stolt-Nielsen Gas, a subsidiary of the Oslo Stock Exchange-listed Stolt-Nielsen

about 6 months ago
Methanol and ethanol storage expansion project begins at Port of Rotterdam
News

Methanol and ethanol storage expansion project begins at Port of Rotterdam

Evos Rotterdam, a European provider of storage infrastructure for liquid energy and chemicals, established in 2019, has kicked off an expansion project for (low-carbon) methanol and ethanol storage at the Port of Rotterdam. The project will see the construction of five new storage tanks with a combi

about 6 months ago
With $8.6 billion for next chapter, US LNG project has $20.7B financing in the bag
News

With $8.6 billion for next chapter, US LNG project has $20.7B financing in the bag

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has unveiled a final investment decision (FID) and closing of a multibillion-dollar project financing for the second phase of its third project in Louisiana, United States.

about 6 months ago
Petrobras gives out $736M worth of vessel contracts to compatriot firm
News

Petrobras gives out $736M worth of vessel contracts to compatriot firm

Brazil’s oil & gas giant Petrobras and compatriot Oceanica Engenharia e Consultoria have expanded their decades-long partnership with new long-term contracts that have a total value of R$4.2 billion (approximately $736 million). The shallow diving support vessels (SDSVs) Oceanicasub IV, V, VII and I

about 6 months ago
WATCH: Jan De Nul to carry out ‘industry’s first’ simultaneous multi-cable installation for TenneT
News

WATCH: Jan De Nul to carry out ‘industry’s first’ simultaneous multi-cable installation for TenneT

Belgian offshore contractor Jan De Nul plans to install three subsea power cables and a fiber optic cable simultaneously on several upcoming offshore grid connection projects for TenneT, introducing what the company describes as an industry-first installation approach. The work relates to the BalWin

about 6 months ago
US scoops up nearly $47M in high bids for second Gulf of America oil & gas lease sale
News

US scoops up nearly $47M in high bids for second Gulf of America oil & gas lease sale

The U.S. Bureau of Ocean Energy Management (BOEM) has held the second out of thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales under the One Big Beautiful Bill Act, gathering $46.9 million in high bids from multiple players, including BP, Chevron, Shell, LLOG, Walter Oil & Gas Cor

about 6 months ago
FEED contract marks step forward in Mediterranean’s first CO2 storage project
News

FEED contract marks step forward in Mediterranean’s first CO2 storage project

Dubai-headquartered engineering and services company Kent has won a front-end engineering design (FEED) contract with EnEarth, a subsidiary of the UK-based oil & gas company Energean, for a CO2 storage project in Greece. The Prinos CO2 storage project, the first of its kind in the Mediterranean that

about 6 months ago
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