Hanwha Drilling, part of South Korea’s Hanwha Ocean, has held a naming ceremony for a seventh-generation drillship, which will work off the coast of Brazil for Petrobras, the South American country’s energy giant.
The U.S. Office of Foreign Assets Control (OFAC) has changed its mind about two special licenses – operated by the UK-headquartered Shell and BP, respectively – for gas fields straddling the maritime boundary between Venezuela and Trinidad and Tobago.
Element NL, an association of 12 oil and gas companies with a permit to explore or extract natural gas, is rolling up its sleeves, together with the Dutch Ministry of Climate and Green Growth and EBN, to enhance the permitting process to boost gas production in the North Sea against the backdrop of
Shell has flipped the production switch on at its subsea tie-back oil project in the Gulf of America (GoA), formerly the U.S. Gulf of Mexico (GoM).
Valaris’ rig has come to the North Sea to help a gas field and its infrastructure to get a new lease on life off the coast of the Netherlands as the first CO2 transport and storage project in the European Union (EU).
SBM Offshore has made its first foray into sale and leaseback financing with a multimillion-dollar refinancing of a floating production, storage, and offloading (FPSO) vessel operating off the coast of Brazil.
Global oil and gas operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects as budgets tighten, rather than the more expensive high-risk hydrocarbon exploration plays.
Gulf Marine Services (GMS), a UAE-headquartered provider of self‐propelled, self‐elevating support vessels to the offshore energy industry, has secured a contract for one of its large‐class vessels in the Gulf Cooperation Council (GCC).
Aramco has signed a multi-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with the Houston-headquartered NextDecade Corporation, ensuring offtake from an LNG export project located in Texas, United States (U.S.).
Spanish LNG terminal operator Reganosa Group has expanded its global footprint to 30 countries.
Wood Mackenzie has underlined that the U.S. power industry is among the most exposed areas to the shockwaves of U.S. President Donald Trump’s tariff hikes, which are forecast to result in a slower global growth and weaker demand for many commodities, including oil.
ExxonMobil LNG, a subsidiary of the U.S. energy giant ExxonMobil, has named two liquefied natural gas (LNG) tankers it will charter from South Korea’s H-Line Shipping.
ADES has tucked a multi-year contract renewal in the Kingdom of Saudi Arabia (KSA) under its belt, which enables one of its previously suspended jack-ups to work for Aramco once again.
Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson Holdings, has decided to equip its floating production storage and offloading (FPSO) unit with two cranes made by construction equipment manufacturer Liebherr.
