Hibiscus Petroleum has confirmed that facilities related to a decommissioned oil field infrastructure, which reached the end of its service life, have got a new lease on life thanks to a rig-to-reef project off the coast of Malaysia.
Abu Dhabi National Oil Company (ADNOC) has signed a sales and purchase agreement (SPA) with Germany’s Securing Energy for Europe (SEFE) for the long-term supply of low-carbon liquefied natural gas (LNG) from the Ruwais LNG plant in the UAE, set to be the first LNG export facility in the Middle East
Singapore’s Energy Market Authority (EMA) has signed a memorandum of understanding (MoU) with PetroChina International, the trading arm of PetroChina, to collaborate on strengthening the island country’s supply and management skills in the liquefied natural gas (LNG) arena.
U.S.-headquartered ExxonMobil has closed the purchase of a floating production, storage, and offloading (FPSO) vessel working in Guyana from SBM Offshore, while the Dutch FPSO operator will continue operating and maintaining the vessel. ExxonMobil Guyana Ltd. and BM Offshore completed the transactio
Qatar’s state-owned energy giant QatarEnergy has inaugurated four new liquefied natural gas (LNG) vessels built at the Samsung Heavy Industries (SHI) and Hanwha Ocean shipyards in South Korea.
Singapore’s Seatrium has hosted a naming ceremony for a floating storage, production, and offloading (FPSO) unit constructed by Japanese giant MODEC destined to work off the coast of Brazil.
The African Energy Chamber has shared updates on two liquefied natural gas (LNG) projects by global energy majors in African waters. One concerns the United States’ ExxonMobil, which has pushed the final investment decision (FID) for its liquefied natural gas (LNG) project offshore Mozambique by one
London Stock Exchange-listed energy player EnQuest has awarded engineering, procurement, and construction (EPC) services provider Nexos, formerly known as Global E&C, with a contract for heating, ventilation, and air conditioning (HVAC) services for its offshore assets on the UK Continental Shelf (U
Bermuda-headquartered liquefied natural carriers (LNG) shipping company Flex LNG has secured an extension of the time charter (TC) agreements for two tankers from its fleet.
Norwegian energy company Sval Energi has signed an agreement with compatriot state-owned Equinor to sell its 11.8% share in the Halten East Unit in the Norwegian Sea, enabling Equinor to increase its ownership to 69.5%. Located in the Kristin-Åsgård area in the Norwegian Sea, Halten East is an ongoi
Canada-based oil and gas company Valeura Energy has completed an internal restructuring of its Thailand-based subsidiaries, which is expected to optimize the financial and operational aspects of its Thai assets.
A joint venture (JV) of UAE’s ADNOC Drilling and Alpha Dhabi is set to acquire a U.S.-headquartered provider of vision-based diagnostics and analytics services for the oil & gas sector for a consideration of approximately $45 million. The partners’ Enersol JV has agreed to acquire a 100% equity stak
Norway-based oil services investment company Akastor has signed an agreement with Japan’s Mitsui & Co. to purchase the latter’s shares in Akofs Offshore, an Oslo-headquartered provider of vessel-based subsea well construction and intervention services.
U.S.-based developer of subsea autonomous robotic systems and software Nauticus Robotics has completed its initial 2024 Gulf of Mexico survey scope for UK’s energy giant Shell, carried out autonomously without a tether. The work, performed for Shell Exploration and Production Inc., covered inactive
