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Oil & Gas

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Troll A platform; Credit: Øyvind Gravås and Even Kleppa/Equinor
Oil & Gas

‘Profitable’ discoveries on the cards: 20 firms keen on exploring Norway’s oil & gas potential

As countries work on strengthening their energy security with more oil and gas, 20 companies have shown interest in production licenses offered as part of the award in pre-defined areas 2025 (APA 2025) licensing round related to further hydrocarbon exploration activity on the Norwegian Continental S

about 1 year ago
Port illustration
Oil & Gas

‘Transformative’ liquefaction hub on the anvil for Canada’s easternmost province

Canadian firm Fermeuse Energy has announced plans to lead the development of a liquefaction hub at its Fermeuse Marine supply base in Canada’s province of Newfoundland and Labrador.

about 1 year ago
FPSO Western Isles; Source: Sevan SSP
Oil & Gas

Proposed North Sea oil project makes progress but UK urged to mend its fiscal ways

Given the need to secure future investments in domestic energy, the UK is being asked to change its current fiscal and regulatory regime related to its oil and gas policy, as NEO NEXT Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), take steps to move forward with a proposed oil re

about 1 year ago
Several men standing inside of a large metal tank
Oil & Gas

Hanwha entrusts French firm with tank design for LNG carrier duo

French technological containment specialist Gaztransport & Technigaz (GTT) has been commissioned by South Korea’s Hanwha Ocean to design tanks for two new liquefied natural gas carriers (LNGCs).

about 1 year ago
Adriatic LNG; Source: VTTI
Oil & Gas

Italy’s largest LNG regasification terminal to be back at full throttle by mid-month

Italy’s Terminale GNL Adriatico, controlled by VTTI (70%) and Snam (30%), as the operator of a liquefied natural gas (LNG) regasification terminal in the Northern Adriatic Sea, said to be the largest such asset in the Southern European country, has disclosed the timeline for the LNG terminal’s retur

about 1 year ago
Modules arrive at the site in Squamish; Source: Woodfibre LNG
Oil & Gas

Construction of Canada’s $5.1 billion LNG project passes the halfway mark

Woodfibre Management, a privately held Canadian company based in Vancouver, has reached a new construction milestone for its operated $5.1 billion liquefied natural gas (LNG) export project, under development in British Columbia, Canada.

about 1 year ago
Platform at Wenchang 16-2 field
Oil & Gas

More oil for CNOOC as it brings South China Sea development online

Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has commenced production from an oilfield development in the Pearl River Mouth basin in the northern part of the South China Sea.

about 1 year ago
Rio Grande LNG terminal; Courtesy of NextDecade
Oil & Gas

NextDecade adds EQT to lineup of long-term LNG offtakers from its $6.7B Texas project

Houston-headquartered energy player NextDecade Corporation has executed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with Pittsburgh-based EQT Corporation for offtake from its project at the Port of Brownsville, Texas.

about 1 year ago
Trion FPU concept image; Source: Wood
Oil & Gas

HD Hyundai Heavy Industries’ floating production unit to sport Liebherr-manufactured cranes

The Liebherr Group’s Liebherr-Rostock GmbH, a European manufacturer of maritime handling solutions, has confirmed that two offshore cranes will be installed on a floating production unit (FPU) being built by HD Hyundai Heavy Industries, a South Korean shipyard.

about 1 year ago
Mukran port
Oil & Gas

Regasification capacity at German LNG terminal booked by Equinor

Germany’s private operator of liquefied natural gas (LNG) terminals, Deutsche ReGas, has signed long-term agreements with chemical company BASF and Norway’s oil and gas giant Equinor for liquefied natural gas (LNG) regasification at its terminal in Mukran.

about 1 year ago
Blocks offshore Uruguay; Source: Challenger Energy
Oil & Gas

Isle of Man-based firm on the lookout for partner to join Uruguay’s oil & gas exploration block

Following the handover of the operator role for one block, Challenger Energy Group (CEG), the Isle of Man-headquartered oil and gas company, has embarked on a search for a partner at another block off the coast of Uruguay to share costs ahead of the anticipated drill or drop decision.

about 1 year ago
Rendering of new 34m crewboat
Oil & Gas

ExxonMobil selects new Bourbon vessels for Angolan crew transfer

French maritime services provider Bourbon has signed a multi-year contract with U.S.-headquartered oil and gas major ExxonMobil to use vessels from its fleet to transport personnel to its platform offshore Angola.

about 1 year ago
COSL Innovator; Source: Serica Energy via LinkedIn
Oil & Gas

Green light for Equinor’s North Sea drilling gig with COSL rig

Norway’s state-owned energy giant Equinor has secured the Norwegian authorities’ blessing for drilling activities in the Norwegian sector of the North Sea, which will be conducted with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling player.

about 1 year ago
Deepsea Bollsta rig at night
Oil & Gas

Sixth-gen rig kicks off multi-year gig with Equinor

Norwegian state-owned energy giant Equinor has started a drilling campaign offshore Norway using a semi-submersible rig managed by Odfjell Drilling.

about 1 year ago
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