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Oil & Gas

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Fossil EnergyLow-Carbon TransitionSubseaBusiness Developments & ProjectsResearch & DevelopmentAuthorities & GovernmentBusiness & FinanceEnvironmentExploration & ProductionRegulation & PolicyRules & RegulationSafetyLiquefied Natural GasMarket OutlooksOutlook & StrategyProject & TendersFPSO & Vessels
Digital rendering of a CO2 export terminal
Oil & Gas

Partners testing feasibility of CO2 storage at mature oil field off Australia

Japanese engineering company Chiyoda Corporation and Knutsen NYK Carbon Carriers (KNCC), a joint venture between Japanese shipping major NYK and Norway’s vessel operator Knutsen Group, have won a contract for a feasibility study related to a carbon capture and storage (CCS) project Australia’s Pilot

about 1 year ago
Offshore oil rigs in Southern California; Credit: Drew Bird Photography
Oil & Gas

Trump administration hit with lawsuit over oil platform trio’s restart off California

A new legal battle is on the U.S. energy horizon as part of an attempt to challenge and foil the allegedly outdated plans for three aging oil platforms off the coast of California.

about 1 year ago
A rig offshore
Oil & Gas

Australia’s gas supply secure for next quarter amid industry commitments

The Australian Government has decided not to activate the mechanism to secure additional quantities of liquefied natural gas (LNG) for 3Q 2025 as it feels confident that the current volumes are sufficient to cover the forecasted demand.

about 1 year ago
Gas terminal project; Source: Viva Energy
Oil & Gas

Australian firm seeks FSRU for proposed LNG terminal

Viva Energy has engaged the services of Poten & Partners to secure a floating storage and regasification unit (FSRU) for its proposed LNG terminal in Geelong, Australia.

about 1 year ago
A large vessel at sea
Oil & Gas

BW Offshore’s arbitration saga with Brazilian firm ends in settlement

Norwegian FPSO operator BW Offshore has reached an arbitration settlement with Prio Comercializadora, previously known as Petro Rio O&G Exploração e Produção de Petróleo, concerning a floating production, storage, and offloading (FPSO) vessel.

about 1 year ago
Shelf Drilling Winner jack-up rig; Source: Shelf Drilling
Oil & Gas

TotalEnergies cuts short Shelf Drilling rig’s North Sea gig

TotalEnergies has decided to break off a deal for a drilling assignment, which a jack-up rig owned by Shelf Drilling, a UAE-headquartered offshore drilling contractor, is carrying out in the North Sea off the coast of Denmark.

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

Quest to boost oil production sets SLB and Stimwell up for five more years with Aker BP

Aker BP has decided to prolong its alliance agreement with SLB and Stimwell Services in a bid to speed up and increase oil production by keeping the Well Intervention and Stimulation Alliance busy for five more years.

about 1 year ago
An offshore rig
Oil & Gas

Trinidadian field goes live as BP’s second ‘major’ gas project this year

BP Trinidad and Tobago (bpTT), a subsidiary of the UK-based energy giant BP, has delivered first gas at its project offshore Trinidad and Tobago.

about 1 year ago
Brunsbüttel LNG terminal; Source: RWE
Oil & Gas

Germany on energy security mission: Worley to breathe life into LNG terminal’s next chapter

Worley has been tasked with bringing the next phase of a liquefied natural gas (LNG) terminal in Germany to life, thanks to a deal with Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four terminals.

about 1 year ago
A vessel at sea viewed from a distance with mountains and forest in the background
Oil & Gas

Canada moves closer to natural gas exports as ‘first-ever’ LNG carrier reaches its west coast

LNG Canada, a joint venture company comprising Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has received its inaugural liquefied natural gas (LNG) shipment that will be used for testing at its export terminal in Kitimat, Canada’s British Columbia.

about 1 year ago
Mahogany A platform; Source: Energy Chamber of Trinidad and Tobago
Oil & Gas

BP’s fourth subsea gas project is a go as new discovery springs up in Trinidad and Tobago

BP Trinidad and Tobago (bpTT), a subsidiary of the UK-based energy giant BP, has found more gas and taken a final investment decision (FID) for a natural gas project off Trinidad’s southeast coast.

about 1 year ago
An offshore platform
Oil & Gas

UK firm broadens US presence with deepwater assets buy

London-based INEOS Energy has completed the acquisition of the U.S. Gulf business previously held by CNOOC Energy Holdings U.S.A. Inc., a U.S. subsidiary of China National Offshore Oil Corporation (CNOOC) International. According to INEOS Energy, the deal increases its production globally to over 90

about 1 year ago
FPSO Cidade de Itajaí; Source: Altera Infrastructure
Oil & Gas

Brazilian FPSO on track to change hands by month end

Karoon Energy is moving forward with the acquisition of a floating production, storage, and offloading (FPSO) vessel, which is deployed on its project off the coast of Brazil.

about 1 year ago
Bridge leading to an offshore platform
Oil & Gas

Indian player wins ‘landmark’ contract for giant field off Qatar

Larsen & Toubro (L&T), an Indian multinational enterprise engaged in engineering, procurement, and construction (EPC), has won a contract with QatarEnergy LNG, a subsidiary of Qatar’s state-owned energy giant QatarEnergy.

about 1 year ago
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