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Oil & Gas

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Eni
Oil & Gas

Prospective North Sea CCS sites sought to ‘turbocharge’ UK’s path to net zero

UK regulator the North Sea Transition Authority (NSTA) has called on interested parties to submit their proposals for potential carbon storage locations in the North Sea.

about 1 year ago
Illustration; Source: Saudi Aramco
Oil & Gas

Aramco goes on contracting spree as US players split its $90 billion cake into 34 slices

Aramco, Saudi Arabia’s energy heavyweight, has dished out multiple deals spanning liquefied natural gas (LNG), fuels, chemicals, emission-reduction technologies, artificial intelligence (AI), and other digital solutions, manufacturing, asset management, short-term cash investments, and procurement o

about 1 year ago
Three men standing behind a desk holding documents
Oil & Gas

ADNOC’s XRG farms into Petronas-operated Caspian Sea block

XRG, a wholly-owned subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has signed a production sharing contract (PSC) with Malaysia’s Petronas and Turkmenistan’s Hazarnebit and Turkmennebit for gas and condensate fields forming part of a block in the Caspian Sea.

about 1 year ago
A large vessel with three small vessels next to it
Oil & Gas

Australian LNG player inks two domestic gas supply deals

Australia Pacific LNG (APLNG) has signed supply agreements with compatriot petroleum company Ampol Refineries and energy retailer, generator, investor, and developer Alinta Energy.

about 1 year ago
Stena Forth drillship; Source: Stena Drilling
Oil & Gas

Energean gives Moroccan offshore assets back to Chariot

Given its belief in the assets’ gas potential, Africa-focused energy company Chariot has retaken the operator role at two Moroccan offshore licenses from London-based oil and gas player Energean.

about 1 year ago
Rendering of an LNG terminal at night
Oil & Gas

Offtake deal locked in ahead of US LNG terminal’s FID

U.S.-based Commonwealth LNG and Kimmeridge Texas Gas (KTG), affiliates of the energy-focused alternative investment manager Kimmeridge, have inked binding agreements with Swiss-headquartered Glencore for the supply of liquefied natural gas (LNG) from an export facility under development in Louisiana

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

Saipem, Baker Hughes, Halliburton and SLB collect almost $1.5 billion in profit

Against the backdrop of supply chain challenges, elevated prices, trade wars, and geopolitical and economic pressures, four oilfield services giants – Italy’s Saipem and U.S.-headquartered Baker Hughes, Halliburton, and SLB – have reported a combined profit of $1.49 billion in the first quarter of 2

about 1 year ago
FSRU Excelsior; Source: DET
Oil & Gas

Germany’s next LNG terminal chapter nearly all-set to go live

Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four liquefied natural gas (LNG) terminals, is closing in on the start-up of Germany’s second terminal in Wilhelmshaven.

about 1 year ago
Rendering of Louisiana LNG terminal
Oil & Gas

Aramco eyes joining Woodside’s recently okayed US LNG project

Australia’s energy giant Woodside Energy has signed a non-binding collaboration agreement with Saudi Arabia’s energy heavyweight Aramco to explore global opportunities.

about 1 year ago
FSRU Energos Freeze; Source: Energos
Oil & Gas

US player’s FSRU gets multi-year gig in North America

Energos Infrastructure has landed a long-term deal for liquefied natural gas (LNG) services, which will enable its floating storage and regasification unit (FSRU) to work in the Dominican Republic, North America.

about 1 year ago
Offshore platforms
Oil & Gas

Gulf of Thailand oil field revamp gets green light

Canada-based oil and gas company Valeura Energy has taken a final investment decision (FID) on the development of its 100%-owned field offshore the Gulf of Thailand.

about 1 year ago
SLB has launched Electris, a portfolio of digitally enabled electric well completions technologies designed to increase production and recovery while lowering the total cost of ownership.
Oil & Gas

SLB rolls out electric completions tech to reduce well intervention needs

U.S.-headquartered technology player SLB has launched Electris, a portfolio of digitally enabled electric well completions technologies designed to increase production and recovery while lowering the total cost of ownership. According to SLB, the Electris system enables digital control of the full p

about 1 year ago
FPU Jangkrik; Source: Eni
Oil & Gas

Eni boosts its gas arsenal with start-up of another offshore project

Italy’s energy giant Eni has brought online a natural gas field as a subsea tie-back to its floating production unit (FPU) in the Kutei Basin off the coast of Indonesia.

about 1 year ago
A large offshore platform surrounded by several smaller boats
Oil & Gas

WATCH: ‘Engineering marvel’ performed as McDermott joins mega-structures destined for Australian project

U.S. offshore engineering and construction player McDermott has completed its portion of work on the floating production unit (FPU) to be deployed at a project off Western Australia spearheaded by Australian energy giant Woodside Energy.

about 1 year ago
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