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Oil & Gas

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Fossil EnergyBusiness Developments & ProjectsProject & TendersFPSO & VesselsProduction & ProcessingSubseaBusiness & FinanceEquipmentExploration & ProductionOutlook & StrategyInfrastructureVesselsRigsAuthorities & GovernmentRegulation & PolicyRules & RegulationLow-Carbon TransitionCarbon Capture Usage & StorageCollaborationInnovationTransitionSurveys & InterventionsLiquefied Natural Gas
Two vessels side by side
Oil & Gas

Local player joining Malaysia’s third FLNG project

Petronas LNG, a subsidiary of Malaysia’s state-owned giant Petronas, has signed a heads of agreement (HoA) with compatriot SMJ Energy, enabling the latter to participate in a floating liquefied natural gas (FLNG) project off the coast of the Malaysian state of Sabah.

about 1 year ago
Black Sea deepwater gas project to sport US-made subsea equipment
Oil & Gas

Black Sea deepwater gas project to sport US-made subsea equipment

London-headquartered precision engineering group Hunting PLC has secured a $31 million subsea order for its titanium stress joints (TSJs) for the third phase of a deepwater gas development in the Turkish part of the Black Sea. Six TSJs, including the patented Direct Pull-thru Tube technology, will b

about 1 year ago
Depsea Yantai rig; Source: Odfjell Drilling
Oil & Gas

Norwegian Sea prospect yields gas for Vår Energi

Norway’s Vår Energi has struck gas in an exploration well at a license it operates in the Norwegian Sea.

about 1 year ago
A vessel at dock
Oil & Gas

Petronas unveils replacement for veteran FSO at Malaysian oilfield

Petronas Carigali, a subsidiary of Malaysian state-owned oil and gas company Petronas, has held a naming ceremony for a floating storage and offloading vessel (FSO) that will work at its oilfield offshore Malaysia.

about 1 year ago
Obana jack up
Oil & Gas

Damen putting finishing touches to jack-up ahead of its inaugural decom with Petrodec

A self-elevating heavy lift jack-up is nearly ready for its assignment with decommissioning services specialist Petrodec after conversion undertaken by Damen Shiprepair, part of the Dutch shipbuilding giant Damen Shipyards Group.

about 1 year ago
FPSO One Guyana; Source: SBM Offshore
Oil & Gas

ExxonMobil’s loss is Chevron’s gain: High-stakes arbitration over Hess’ Guyana oil assets ends

ExxonMobil and its partner, China’s CNOOC, have not secured a victory in arbitration proceedings over U.S.-based Hess Corporation’s sale of interests in assets off the coast of Guyana. This clears the key merger hurdle in Chevron’s path, enabling it to bring Hess’ upstream portfolio into its fold.

about 1 year ago
Mariner platform; Credit: Jamie Baikie/Equinor
Oil & Gas

North Sea oil & gas pair comes up on CHC’s flight radar with multi-year chopper deal

Equinor has hired CHC Helicopter, a Texas-based helicopter services provider, on a long-term assignment at two oil and gas projects in the UK sector of the North Sea.

about 1 year ago
Illustration; Source: Technip Energies
Oil & Gas

Shell pools resources with Technip Energies in carbon capture arena

Shell Catalysts & Technologies, a subsidiary of UK-headquartered energy giant Shell, has joined forces with France’s engineering company Technip Energies to come up with a post-combustion amine-based carbon capture solution, which will up the industrial sector’s decarbonization ante.

about 1 year ago
Safe Caledonia; Credit: Prosafe
Oil & Gas

Prosafe sees uptick in fleet utilization, underpinned by Brazil ops

Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator Prosafe has shed light on its fleet activity for June.

about 1 year ago
An offshore platform
Oil & Gas

Fresh decade-long deal secures more Norwegian gas for Europe

Equinor has signed a multi-year natural gas supply agreement with BASF, a developer of a broad portfolio of component solutions for manufacturing consumer goods, which plans to use this gas for its needs in Europe.

about 1 year ago
Subsea7 hired by Equinor and Shell under two new contracts
Oil & Gas

Subsea7 hired by Equinor and Shell under two new contracts

Subsea7 has secured two new contracts, one with Norwegian state-owned energy company Equinor for work in Norway and the other with UK-headquartered energy firm Shell for the provision of services in the U.S. Namely, Subsea7 announced the award of a large contract, worth between $300 million and $500

about 1 year ago
Cameron LNG
Oil & Gas

Sempra-led US LNG project marks 1,000 global deliveries

Cameron LNG, a liquefied natural gas (LNG) export project operated by several global energy majors in Hackberry, Louisiana, has exported its 1000th cargo.

about 1 year ago
Transocean Spitsbergen; Photo: Jamie Baikie, SIGNAL2NOISE/Equinor
Oil & Gas

Transocean’s backlog stands at $7.2 billion as rig quartet gets more drilling work

Switzerland-based offshore drilling contractor Transocean has secured a new batch of contracts and extensions in Australia, Norway, Ivory Coast, and Brazil for four floaters, encompassing two drillships and two semi-submersible rigs.

about 1 year ago
Hugin A jacket being put into place with Heerema's Sleipnir; Source: Aker BP
Oil & Gas

WATCH: Heerema’s largest vessel slides North Sea oil & gas platform’s new jacket into place

Norwegian oil and gas player Aker BP has made progress in bringing an offshore platform to life by installing a new jacket at an oil and gas development in the North Sea, off the coast of Norway.

about 1 year ago
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