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Oil & Gas

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Fossil EnergyFPSO & VesselsLow-Carbon TransitionBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionLiquefied Natural GasProject & TendersVesselsPipesSubseaAuthorities & GovernmentInfrastructureRegulation & PolicyProduction & ProcessingCollaborationOutlook & StrategyVisionEnvironmentRules & RegulationIT & SoftwareTechnologySeismicSurveys & Interventions
Shell's FPSO Penguins; Source: Sevan
Oil & Gas

Shell’s new North Sea FPSO brings UK’s oil & gas field back online

Shell has put into operation mode its first new FPSO in the North Sea after more than two decades have gone by since its previous one.

about 1 year ago
LNG carrier (for illustration purposes); Source: GTT
Oil & Gas

Samsung Heavy Industries gives tank design job to French firm for new LNG vessel

Gaztransport & Technigaz (GTT) has expanded its workload with a new tank design assignment for a liquefied natural gas (LNG) carrier, thanks to a deal with South Korea’s Samsung Heavy Industries (SHI).

about 1 year ago
Bouri field; Source: Mellitah Oil & Gas Libyan Branch
Oil & Gas

Saipem getting an assist from ABL at gas project offshore Africa

ABL, part of Oslo-listed energy and marine consultancy ABL Group, has been hired to support Saipem, an Italian engineering, drilling, and construction services giant, with the development of a natural gas project off the coast of Libya, North Africa.

about 1 year ago
FPSO Liza Destiny; Credit: SBM Offshore
Oil & Gas

Guyana greenlights $51.2 billion to move forward with its mega gas-to-energy project

Guyana’s Office of the Prime Minister has put its stamp of approval on planned budgetary allocations of $141.45 billion, which is anticipated to lend a helping hand in finishing important projects. As a result, this amount encapsulates a $51.2 billion investment to bolster the country’s flagship gas

about 1 year ago
Vår Energi's precommitment to subsea systems to cut tie-back development time by up to one year
Oil & Gas

Vår Energi’s precommitment to subsea systems to cut tie-back development time by up to one year

Norwegian oil & gas company Vår Energi has signed a pre-commitment agreement with OneSubsea, a joint venture (JV) backed by SLB, Aker Solutions and Subsea7, for the delivery of subsea production systems (SPS), a move expected to shorten subsea tie-back development time by up to one year. Under the S

about 1 year ago
FPSO Petrojarl Knarr for Equinor's Rosebank oil field in UK waters; Source: Aker Solutions
Oil & Gas

Multi-billion projects at stake: Another blow for UK’s largest untapped oil & gas duo but Shell, Equinor, and Ithaca remain upbeat

Which side will come on top is not yet clear, but it is unlikely that either will throw in the towel at this late stage in the UK’s oil and gas saga without a fight.

14 minutes read
FPSO Liza Destiny working offshore Guyana; Source: Hess Corporation
Oil & Gas

With final say on arbitration due by August-end, Chevron readying for ‘prompt close’ of Hess merger in 2025

Chevron is confident that its rival, Hess Corporation, will emerge as the winner in the ongoing arbitration proceedings the remaining Stabroek block partners launched over the sale of interests in assets off the coast of Guyana.

about 1 year ago
Offshore platform machinery
Oil & Gas

Rig quartet off Guyana to feature ‘world first’ safety tech combination

Salunda, a UK-headquartered firm specializing in red-zone safety monitoring technology, has joined forces with Norway’s Intellilift to install a solution aimed at enhancing the safety of critical equipment and personnel on four drilling platforms offshore Guyana.

about 1 year ago
EemsEnergy Terminal
Oil & Gas

Dutch terminal’s open season checking the pulse of LNG import demand after 2027

EemsEnergy Terminal has taken steps to determine whether it should remain in business after 2027 or close its doors by launching an open season for the storage and regasification of LNG in the Eemshaven after 2027 in the Netherlands.

about 1 year ago
Diversified offshore oil & gas services provider to arise with new merger
Oil & Gas

Diversified offshore oil & gas services provider to arise with new merger

Cyprus-headquartered marine seismic acquisition services provider SeaBird Exploration and Singapore’s tender-assisted drilling provider Energy Drilling have signed a letter of intent (LoI) to merge into a combined company that would offer diversified offshore oil & gas services. The transaction will

about 1 year ago
Rendering of a side view of an LNG terminal at the coast
Oil & Gas

Baker Hughes’ solution selected for Pelican State’s new LNG plant

Argent LNG, a U.S.-based energy company dedicated to developing liquefied natural gas (LNG) export solutions, has selected energy company Baker Hughes to supply the liquefaction solution and related services for its proposed natural gas export facility in Port Fourchon, Louisiana.

about 1 year ago
FPSO Errea Wittu; Source: MODEC
Oil & Gas

Baker Hughes bags ‘major’ deal for ExxonMobil’s Guyana-bound FPSO duo

Baker Hughes has been hired on a multi-year assignment related to two floating production, storage, and offloading (FPSO) vessels, which are destined to work on two upcoming oil projects on the Stabroek block off the coast of Guyana, operated by an affiliate of America’s energy giant ExxonMobil.

about 1 year ago
Several people shoveling dirt at a groundbreaking ceremony
Oil & Gas

WATCH: Nigeria’s gas ‘revolution’ pressing forward with inauguration of 5 mini LNG plants

The Nigerian National Petroleum Corporation (NNPC) and its partners have held a ground-breaking ceremony for five mini-liquefied natural gas (LNG) plants in Ajaokuta, Nigeria’s Kogi State.

about 1 year ago
FPSO Baobab Ivoirien MV10; Source: Svenska
Oil & Gas

FPSO refurbishment coming soon to prolong oil production to 2038 or longer

Vaalco Energy has confirmed a timeline for the departure of a floating production, storage, and offloading (FPSO) vessel, operated by Canadian Natural Resources International (CNRI), from a deepwater oil field off the coast of Côte d’Ivoire in Africa.

about 1 year ago
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