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Oil & Gas

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Illustration; Source: Petrobras
Oil & Gas

Petrobras makes a play for offshore acreage in Côte d’Ivoire

Petrobras has taken steps to secure offshore assets in Côte d’Ivoire, also known as Ivory Coast, by handing over a declaration of interest for exploration blocks in this country, which is located on the west coast of Africa.

about 1 year ago
FPSO Bleo Holm; Source: Bluewater
Oil & Gas

Canadian firm sheds UK business and stake in North Sea oil discovery

New European Offshore (NEO Energy) is set on expanding its oil and gas portfolio by picking up a new addition, thanks to Canada’s Gran Tierra Energy, which has taken steps to offload its UK subsidiary, Gran Tierra North Sea Limited (GTNSL), which holds an interest in an oil discovery.

about 1 year ago
MODEC FPSO
Oil & Gas

MODEC and UK firm going in hot pursuit of FPSO-based carbon capture tech

MODEC has joined forces with the UK-headquartered Carbon Clean Solutions to explore opportunities for accelerated development and deployment of offshore carbon capture technology on floating production, storage, and offloading (FPSO) units to curb the carbon footprint from operations.

about 1 year ago
Transocean Spitsbergen rig; Source: Transocean
Oil & Gas

Transocean rig lines up more offshore drilling work in Norwegian waters

Transocean has landed a new contract extension for one of its semi-submersible rigs, which is working off the coast of Norway.

about 1 year ago
Rendering of Alaska LNG plant
Oil & Gas

Partner selection quest for Alaska LNG tops $115B in interest from 50 firms

Glenfarne Alaska LNG, a subsidiary of Glenfarne Group and a majority owner and lead developer of a joint venture with the State of Alaska’s Alaska Gasline Development Corporation, has wrapped up the first round of its strategic partner selection process related to a liquefied natural gas (LNG) expor

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

TotalEnergies and Shell swap stakes in two oil & gas assets offshore Brazil

TotalEnergies has set the wheels in motion to transfer its non-operated interest in a deepwater development project in the pre-salt area of the Santos Basin to Shell in exchange for the latter’s partial stake in its producing field off the coast of Brazil.

about 1 year ago
Sullom Voe Terminal; Source: Fennex
Oil & Gas

AI-powered safety tool fortifies EnQuest’s operated energy portfolio in UK waters

Aberdeen-based Fennex has won a multi-year contract with EnQuest which enables the Scottish company to deploy its AI-powered safety management solution across the latter’s operated UK offshore assets and its oil and gas terminal in the Shetland Islands, Scotland.

about 1 year ago
FPSO Kwame Nkrumah on the Jubilee field; Source: Kosmos
Oil & Gas

West Africa’s oil & gas field pair to remain in production mode until 2040

Thanks to a memorandum of understanding (MoU) with the government of Ghana, Tullow Oil, Kosmos Energy, PetroSA, Ghana National Petroleum Company (GNPC), and Explorco have signed on the dotted line to prolong the production lifespan of two fields off the coast of Ghana, with an extension of productio

about 1 year ago
PTAS Aker Solutions remains in charge of brownfield services across Shell's assets in Brunei; Courtesy of Brunei Shell Petroleum
Oil & Gas

Shell retains Aker Solutions on brownfield duty across offshore assets in Brunei

Brunei Shell Petroleum (BSP) has decided to prolong a brownfield services assignment, which PTAS Aker Solutions, a local joint venture between Norway’s Aker Solutions and PTAS, is carrying out in Brunei.

about 1 year ago
Block 1 map; Source: Eco Atlantic
Oil & Gas

New operator takes up the baton at South Africa’s Orange Basin block

Eco (Atlantic) Oil & Gas has expanded its portfolio with a stake in an asset that enables it to assume the operator role at an exploration block in the Orange Basin off the coast of South Africa.

about 1 year ago
MOL Azure LNG carrier (for illustration purposes); Source: Mitsui O.S.K Lines (MOL)
Oil & Gas

Thumbs-up for MOL and Samsung Heavy Industries’ SOFC tech-endowed LNG carrier design

Mitsui O.S.K. Lines (MOL) and South Korea’s Samsung Heavy Industries (SHI) have received approval in principle (AiP) from the Lloyd’s Register for the design of a 174,000-cubic meter (cbm) liquefied natural gas (LNG) carrier (LNGC) equipped with Solid Oxide Fuel Cell (SOFC) technology.

about 1 year ago
LNG vessel; Source; RensenDriessen
Oil & Gas

Dutch firm dips its toes into deep-sea realm with LNG vessel duo

The Netherlands-headquartered RensenDriessen Shipbuilding & Shipbrokers has made its first foray into the deep-sea segment of the shipping market thanks to two liquefied natural gas (LNG) vessels, which will be built at a selected shipyard in China.

about 1 year ago
AHTS Normand Sigma; Source: Solstad Offshore
Oil & Gas

Solstad vessel duo’s Brazilian gig cleared for takeoff

Solstad Offshore (SOFF) has received the go-ahead to proceed with assignments for two anchor handling tug supply (AHTS) vessels off the coast of Brazil, which were secured with the country’s state-owned energy giant, Petrobras.

about 1 year ago
Shah Deniz Bravo platform; Source: BP
Oil & Gas

BP green-lights batch of energy projects: Next chapter of mega gas field is a go

BP has revealed final investment decisions for multiple projects, including the next phase of development for a giant natural gas field in the Caspian Sea, described as one of the world’s largest gas-condensate fields and the company’s largest gas discovery.

about 1 year ago
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