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Oil & Gas

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Fossil EnergyBusiness & FinanceBusiness Developments & ProjectsVesselsSubseaProject & TendersExploration & ProductionDeepwater InstallationRigsAuthorities & GovernmentRegulation & PolicyLiquefied Natural GasEnvironmentLow-Carbon TransitionInnovationTechnologyFPSO & Vessels
Illustration; Source: Orcadian Energy
Oil & Gas

Orcadian takes HALO Offshore into its portfolio

Orcadian Energy has brought into its fold all ordinary shares of HALO Offshore UK (HALO) from the joint liquidators of Hague and London Oil.

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

SHI hands over LNG carrier to NYK

South Korean shipbuilder Samsung Heavy Industries (SHI) has delivered a liquefied natural gas (LNG) carrier ordered by Japanese shipping company Nippon Yusen Kabushiki Kaisha (NYK Line) at the former’s shipyard in Geoje, South Korea.

about 1 year ago
Noble Valiant drillship; Source: Noble Corporation
Oil & Gas

McDermott scores FEED assignment at oil project in Gulf of Mexico

McDermott has secured a front-end engineering design (FEED) contract with Repsol for two oil fields that form part of a development project in the Gulf of Mexico’s Block 29 off the coast of Mexico.

about 1 year ago
An offshore platform at sunset
Oil & Gas

Inpex farming into Seascape’s exploration block offshore Malaysia

Japan’s energy company Inpex Corporation has inked a share sale and purchase agreement (SSPA) with Seascape Energy, a Southeast Asia-focused E&P player, to acquire a participating interest in a production sharing contract (PSC) off the coast of Sarawak, Malaysia from the latter’s subsidiary.

about 1 year ago
Illustration; Source: CRP Subsea
Oil & Gas

UK subsea player gets new job at Brazil’s deepwater oil field

CRP Subsea, part of AIS, has been hired to supply its distributed buoyancy modules (DBMs) to a deepwater oil field project in the pre-salt Santos Basin, off the coast of Brazil.

about 1 year ago
Platforms at Jinzhou 23-2 oilfield; Source: Fulan Offshore
Oil & Gas

China’s commissioning streak continues with one more offshore oil project on stream

CNOOC is on top of its hydrocarbon game as it confirms a new first for China with the beginning of production at a development said to be the Asian country’s first offshore multi-layer heavy oil thermal recovery project.

about 1 year ago
Transocean Encourage rig; Source: Transocean
Oil & Gas

No hydrocarbons for Equinor in Norwegian Sea wildcat

Equinor has found no hydrocarbons in an exploration well, which was drilled using one of Transocean’s rigs in the Norwegian Sea off the coast of Norway.

about 1 year ago
Artistic rendering of an LNG plant
Oil & Gas

Canadian firm seeks environmental permit for LNG plant expansion

Canadian natural gas and energy utility FortisBC has filed an environmental assessment (EA) application with the British Columbia Environmental Assessment Office (BC EAO) for the proposed expansion of its existing liquefied natural gas (LNG) facility on Canada’s Tilbury Island.

about 1 year ago
An aerial view of the Excelsior ship docked at Freeport LNG terminal; Courtesy of Freeport LNG
Oil & Gas

$1.3 billion lawsuits for damages arising from explosion at US LNG facility thrown out of court

Texas-based litigation firm Hicks Thomas LLP, whose attorneys argued that insurance carriers could not recover on subrogation claims, has confirmed its win in two legal battles related to lawsuits totaling $1.3 billion against builders of a liquefied natural gas (LNG) export facility in Texas, Unite

about 1 year ago
Two women and one man standing in front of a sign
Oil & Gas

Residual cold from Spain’s LNG terminal becomes low-carbon grid energy in ‘world first’

French-headquartered ecological transformation company Veolia, Spanish gas grid operator Enagás, and Barcelona City Council have launched a residual cold recovery solution installed at a liquefied natural gas (LNG) terminal in the Port of Barcelona.

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

Petrobras fires the starting gun on bid battle for two new Brazil-bound FPSOs

Petrobras has kicked off a new procurement process to secure two more floating production, storage, and offloading (FPSO) vessels, which will be deployed in the Sergipe Alagoas Basin off the coast of Brazil.

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

GAIL’s LNG fleet growing thanks to deal with K Line

India’s state-owned natural gas player GAIL has signed a long-term time charter agreement with Japanese shipping company Kawasaki Kisen Kaisha (K Line) for a new liquefied natural gas (LNG) vessel to be built by Korea’s Samsung Heavy Industries (SHI).

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

Chinese oil & gas giant on a roll as another development project comes online

China National Offshore Oil Corporation (CNOOC) has begun production at another oilfield development project in the South China Sea, off the coast of China.

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

Shelf Drilling rig scores new gig offshore Nigeria

Shelf Drilling (SHLF) has landed a new drilling assignment for one of its jack-up rigs off the coast of Nigeria in West Africa.

about 1 year ago
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