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Oil & Gas

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Fossil EnergyBusiness Developments & ProjectsVesselsProject & TendersTechnologyRigsBusiness & FinanceExploration & ProductionRegulation & PolicyFPSO & VesselsLow-Carbon TransitionAuthorities & GovernmentEnvironmentSafetyLiquefied Natural GasSubseaTransitionRules & RegulationDecommissioningMarket OutlooksOutlook & Strategy
Dozens of people standing in several rows at a steel-cutting ceremony
Oil & Gas

Qatar’s LNG fleet expansion coming along as Hanwha cuts steel for 8 newbuilds

South Korea’s shipbuilder Hanwha Ocean has hosted a steel-cutting ceremony for eight new liquefied natural gas (LNG) carriers being built as part of QatarEnergy’s historic LNG fleet expansion project. The vessels will be owned and operated by Qatar Gas Transport Company (Nakilat).

about 1 year ago
A rendering of a floating liquefied natural gas facility
Oil & Gas

Indonesia’s first FLNG to feature Norwegian firm’s compressors

Norway’s TMC Compressors has been selected to deliver a marine compressed air system for the floating liquefied natural gas (FLNG) facility China-based provider of clean energy services Wison New Energies is building for Malaysia’s investment holding and management player Genting.

about 1 year ago
An offshore rig transported on a vessel
Oil & Gas

Pertamina deploying AI to enhance safety across offshore assets

Indonesia’s state-owned oil and natural gas corporation Pertamina has entered a partnership agreement with Vietnam-headquartered IT firm FPT to use AI-powered solutions to increase the safety of its offshore assets.

about 1 year ago
Selene prospect was drilled with the Valaris 123 jack-up rig; Source: Valaris
Oil & Gas

Shell’s North Sea gas discovery ‘commercially robust’ with FID on the cards for 2027

Shell is eyeing a field development plan (FDP) and a final investment decision (FID) in 2027 for its recent natural gas discovery in the North Sea, which is situated on the UK Continental Shelf (UKCS).

about 1 year ago
Cargo vessel crashed into MV Stena Immaculate oil tanker off the coast of the UK; Source: Greenpeace UK
Oil & Gas

With fire ‘greatly diminished,’ probe into oil tanker–cargo ship North Sea allision ongoing

A collision between a U.S.-flagged oil/product tanker and a Portuguese container ship in the North Sea, north of England, put both vessels on fire, which has since been brought under control.

about 1 year ago
FLNG mooring job for Eni's Congo LNG project; Source: GEOCEAN
Oil & Gas

Unshackling Africa’s gas reserves with offshore ops to slot in floating LNG unit

The stage has been set to embark on offshore activities to put a mooring system for a floating liquefied natural gas (FLNG) unit in place off the coast of Congo, Africa.

about 1 year ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Oil & Gas

North Sea wildcat pair on Odfjell rig’s drilling agenda for April

Equinor has secured a drilling permit for two exploration wells in the North Sea off the coast of Norway, which are slated to be drilled next month using a semi-submersible rig owned by Odfjell Drilling.

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

Delays in plug & abandonment work may put $5.5 billion on UK decom tab

With investor confidence taking a hit in the aftermath of political and fiscal woes, hydrocarbon exploration in a slump, and supply chain costs likely to rise, a postponement of plug and abandonment (P&A) assignments could hike the UK’s decommissioning bill by $5.5 billion.

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

Baker Hughes picked to work on making Texas LNG terminal ‘one of the largest’ in the world

Houston-headquartered energy player NextDecade Corporation has inked two deals with compatriot energy technology giant Baker Hughes, a framework agreement for work on the former’s liquefied natural gas (LNG) terminal under development in Texas and a contractual services agreement for maintenance wor

about 1 year ago
Artist's rendering of an LNG terminal
Oil & Gas

ExxonMobil to supply Asian markets with Canadian LNG

Canadian natural gas producer ARC Resources has entered into a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with ExxonMobil LNG Asia Pacific (EMLAP), an affiliate of the U.S. energy giant ExxonMobil. The LNG will come from a floating liquefied natural gas (FLNG) project un

about 1 year ago
Delfin LNG; Source: Delfin Midstream
Oil & Gas

‘Energy addition’ strategy in action: US hands out extension to another LNG export project

The U.S. Department of Energy (DOE) has given its fourth blessing for a liquefied natural gas (LNG) project since the return of President Donal J. Trump to the White House, prolonging the timeline to kick off LNG exports from a terminal off the coast of Louisiana, USA.

about 1 year ago
A jack up rig
Oil & Gas

Valaris jack-up reaches Angola to start new drilling job

A jack-up rig owned by offshore drilling contractor Valaris has reached its destination in Angola after traveling from the United States for over a month.

about 1 year ago
Hugin A module; Source: Aker BP
Oil & Gas

WATCH: ‘Key’ piece of North Sea oil & gas platform ready for next stage

Drydocks World Dubai, a part of DP World, has slid the final section of a module into place for a new platform destined for deployment at an oil and gas development in the North Sea, off the coast of Norway.

about 1 year ago
An offshore platform with a vessel next to it
Oil & Gas

‘Significant’ hydrocarbon discovery made in Nigeria’s shallow-water field

The Nigerian National Petroleum Company (NNPC) and its compatriot joint venture (JV) partner First Exploration & Petroleum Development Company (First E&P) have made a hydrocarbon discovery in a field located in a shallow-water region off the coast of Bayelsa, Nigeria.

about 1 year ago
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