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Oil & Gas

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Seatrium
Oil & Gas

Seatrium-Karpowership partnership giving LNG vessel trio new lease on life as FSRUs

Seatrium is forging a new partnership bond with Türkiye’s floating power plant company Karpowership, which will enable the conversion, life extension, and repairs of three liquefied natural gas (LNG) carriers (LNGCs) into floating storage regasification units (FSRUs).

about 1 year ago
Grain LNG terminal
Oil & Gas

UK-US duo buying Europe’s ‘largest’ LNG regasification facility

U.K.-based energy company Centrica and U.S. investment firm Energy Capital Partners (ECP), part of Bridgeport Group, have set the wheels in motion to acquire the liquefied natural gas (LNG) terminal in Kent County, UK, from British electricity and gas utility, the National Grid group.

about 1 year ago
LNG tanker Lebrethah at sea
Oil & Gas

Asian trio pools resources to enhance supply chain and fortify Korea’s access to US LNG

With an integrated supply chain in mind, Hanwha Aerospace, a subsidiary of South Korean conglomerate Hanwha Group, has joined forces with Hanwha Energy and Korea Southern Power to bolster cooperation in the global liquefied natural gas (LNG) sector and means of obtaining U.S. LNG to boost Korea’s en

about 1 year ago
People standing and holding documents at a signing ceremony
Oil & Gas

‘Vast’ frontier block in Trinidad’s deepwater goes to ExxonMobil

U.S.-headquartered energy giant ExxonMobil has signed a production sharing contract (PSC) with the Government of Trinidad & Tobago (T&T) for a deepwater block off the coast of the Caribbean country.

about 1 year ago
Illustration; Source: Halliburton
Oil & Gas

Halliburton picks up another multi-year North Sea gig

Halliburton has landed a new long-term assignment in the North Sea with ConocoPhillips Skandinavia, a subsidiary of the U.S.-headquartered ConocoPhillips.

about 1 year ago
Two workers on an offshore platform
Oil & Gas

Kent expands Timor Sea decom role with new advisory contract

The Australian Government has picked Dubai-headquartered engineering and services company Kent to support the permanent plugging and abandonment (P&A) of an oilfield duo in the Timor Sea, offshore Australia.

about 1 year ago
A jackup rig being transported on a vessel
Oil & Gas

Oil & gas ramp-up: Start-up of African field on track as drilling ops in Benin and Norway continue

Lime Petroleum, a subsidiary of Rex International Holding, is making inroads in its quest to boost hydrocarbon production by pursuing drilling activities off the coasts of Benin and Norway and progressing its conversion of a mobile offshore production unit (MOPU) in Dubai, and the delivery of a floa

about 1 year ago
Calcasieu Pass LNG facility; Source: Venture Global LNG
Oil & Gas

Venture Global emerges as winner in LNG arbitration case with Shell

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has secured a win in the arbitration process with the UK-headquartered Shell over the U.S. player’s delay in kicking off full commercial operations.

about 1 year ago
An aerial view of an LNG complex
Oil & Gas

Saipem gets the ball rolling on BP’s $7 billion integrated project off Indonesia

Saipem, Italy’s engineering, drilling, and construction services provider, has held the first steel-cutting ceremony for an integrated project operated by the Indonesian subsidiary of the U.K.-headquartered energy giant BP at its fabrication yard in Karimun, Indonesia.

about 1 year ago
Illustration; Source: U.S. Energy Information Administration (EIA)
Oil & Gas

EIA: Nearly a third of US-made energy exported in 2024, mostly fossil fuels

According to the U.S. Energy Information Administration (EIA), the statistical and analytical agency within the U.S. Department of Energy, almost one-third of the energy the country produced last year was exported.

about 1 year ago
Outer Harbor project site in February 2024; Source: Venice Energy
Oil & Gas

Nebula’s Singapore arm signs off on Australian entry to call the shots at LNG terminal

AG&P LNG, a Singapore-based subsidiary of Florida-headquartered Nebula Energy, has laid the groundwork for its entrance into the Australian liquefied natural gas (LNG) market with the acquisition of an LNG terminal from Venice Energy, a developer of this import terminal project in South Australia, w

about 1 year ago
An offshore platform
Oil & Gas

Conrad advances seismic, drilling, and farm-in plans for Indonesian assets

Conrad Asia Energy has provided an operational and resource update for the two production sharing contracts (PSCs) in Indonesia.

about 1 year ago
Sevan Louisiana rig - Seadrill
Oil & Gas

Seadrill drillship duo picks up drilling jobs in US Gulf

Seadrill, an offshore drilling contractor, has found new drilling assignments for a pair of drillships in its fleet with two U.S.-based oil and gas players, Talos Energy and Murphy Oil, in the U.S. Gulf.

about 1 year ago
Deepsea Bollsta; Source: Odfjell Drilling
Oil & Gas

All-systems-go for Odfjell Drilling-managed rig’s North Sea assignment

Equinor, a Norwegian state-owned energy giant, has received the go-ahead from the country’s authorities to undertake plug and abandonment (P&A) activities in the North Sea off the coast of Norway with a semi-submersible rig managed by Odfjell Drilling, an offshore drilling contractor.

about 1 year ago
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