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Oil & Gas

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CP2 LNG; Source: Venture Global
Oil & Gas

$28 billion LNG export project breaks ground in Louisiana

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has kicked off site work at its proposed multibillion-dollar export project in Louisiana, United States. This is the firm’s third facility to be built in the last five years.

about 1 year ago
LNG vessel; Source: Purus
Oil & Gas

New LNG vessel order for Hyundai Heavy Industries with Purus

Purus, a provider of maritime services for gas transport and offshore wind industries, has placed a new order for a liquified natural gas carrier (LNGC) with Hyundai Heavy Industries in South Korea, bringing the firm’s current newbuilding program to ten gas carriers under construction at Hyundai Gro

about 1 year ago
Artist's rendering of the Ruwais LNG concept design; Source: ADNOC
Oil & Gas

Five-year plan puts ADNOC’s XRG on path toward gas and LNG expansion

XRG, a wholly-owned subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has received endorsement from its board of directors for its five-year business plan, pointing it in the direction of creating a top five integrated global gas and liquefied natural gas (LNG) business with 20–25 mill

about 1 year ago
Admarine 510 jack-up rig; Source: ADES
Oil & Gas

Fresh rig deal marks new country entry as ADES broadens its West African horizons

ADES has expanded its footprint in West Africa by securing a new drilling assignment for one of its jack-up rigs, which enables it to add a 13th country to its list of operational areas.

about 1 year ago
Oil Rocks infrastructure centre connecting other oil fields of Azerbaijan (for illustration purposes); Source: SOCAR
Oil & Gas

SOCAR strengthens energy ties in oil & gas realm with ExxonMobil and Canadian player

Thanks to a new set of deals, the State Oil Company of the Republic of Azerbaijan (SOCAR) is pooling resources with the U.S.-headquartered ExxonMobil and Canada’s Gran Tierra Energy to explore energy opportunities.

about 1 year ago
Hoegh Gandria; Source: Höegh Evi
Oil & Gas

New booking enables Wärtsilä to work on Egypt-bound FSRU conversion gig

Wärtsilä has received a new regasification module order from Höegh Evi for a conversion project that will see a liquefied natural gas (LNG) carrier repurposed into a floating storage and regasification unit (FSRU) destined for deployment in Egypt.

about 1 year ago
BP
Oil & Gas

BP shakes hands on multi-year LNG offtake with India’s Torrent Power

BP Singapore, a subsidiary of the UK-headquartered energy giant BP, has signed on the dotted line with India’s Torrent Power, part of Torrent Group, to supply liquefied natural gas (LNG) for the latter’s 2,730 MW combined cycle gas-based power plants in line with India’s push to up the natural gas a

about 1 year ago
Illustration; Source: Offshore Energies UK (OEUK)
Oil & Gas

Drop in UK oil & gas players’ profits prompts calls for tax changes to amplify investments

Offshore Energies UK (OEUK), has urged the government to take action on the energy profits levy (EPL), known as the windfall tax on oil and gas profits, by next year to put all ingredients in place to secure jobs, energy security enhancement, and the build-out of the energy infrastructure for the fu

about 1 year ago
Several men sitting behind a desk at a contract signing ceremony
Oil & Gas

PSC signed for Myanmar’s seventh offshore project

Myanmar’s state-owned Oil and Gas Enterprise and Gulf Petroleum Myanmar, a Thai-owned company based in Myanmar, have signed a production sharing contract (PSC) for an offshore oil and gas block.

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

Black Sea drillship reactivation job lands on ModuSpec’s table

MR Group’s ModuSpec, a rig intake and inspection specialist, has lined up a multi-staged support assignment during the intake process of a sixth-generation deepwater drillship in the Black Sea.

about 1 year ago
Edvard Grieg platform; Source: Aker BP
Oil & Gas

Drone ops edging North Sea oil platform closer to autonomous offshore inspections

Aker BP has made a new leap toward fully autonomous offshore inspections and maintenance, thanks to its recently completed first offshore beyond-visual-line-of-sight (BVLOS) drone operation at its platform in the North Sea off the coast of Norway.

about 1 year ago
LNG carrier Kool Glacier at sea
Oil & Gas

HD Hyundai’s upgrades help CoolCo future-proof its LNG fleet

HD Hyundai Marine Solution (HD HMS) has completed the retrofit of a liquefied natural gas (LNG) carrier owned by Bermuda-based LNG carrier owner and operator Cool Company (CoolCo).

about 1 year ago
Fugro wins its ‘largest-ever project in Asia Pacific’
Oil & Gas

Fugro wins its ‘largest-ever project in Asia Pacific’

The Netherlands-headquartered Fugro has secured its largest-ever project in the Asia Pacific (APAC) region, as part of which it will support the development of a deepwater gas field in Southeast Asia. As part of the signed letter of award (LoA), Fugro will perform a site characterization program for

about 1 year ago
FPSO Petrojarl I; Courtesy of Amplus Energy
Oil & Gas

39-year-old FPSO going to Las Palmas to get ready for redeployment

Amplus Energy has picked Spain’s Astican Shipyard in Las Palmas de Gran Canaria off the northwest coast of Africa to undertake the work scope related to the preparation for the redeployment of a floating production, storage, and offloading (FPSO) vessel, seen as one of the offshore industry’s most i

about 1 year ago
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