Petronas has launched two initiatives through Malaysia Petroleum Management (MPM) to strengthen the country’s oil and gas sector and ensure an optimal and sustainable supply of oil and gas to boost energy security.
Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has held a naming ceremony for a newbuild liquefied natural gas (LNG) carrier at the Geoje Shipyard of South Korea’s shipbuilder Hanwha Ocean. With the naming ceremony out of the way, the next item on the agenda for MOL’s Marvel Swallow LNG carrier, s
Considering the rising focus on energy security, Wood Mackenzie has pointed out that Britain could get its hands on an additional £10 billion of North Sea oil and natural gas value from existing assets if it puts the right set of fiscal and regulatory policies in place.
SBM Offshore is closing in on the first oil milestone from its new FPSO unit as the vessel has reached Brazilian waters and will be deployed at a huge field in the pre-salt Santos Basin off the coast of Brazil, where it will work for Petrobras.
A new merger may soon be visible on the rig market horizon, as the Switzerland-based offshore drilling contractor Transocean is now allegedly contemplating a business combination with its Bermuda-headquartered rival Seadrill.
Galp has embarked on its second exploration and appraisal program in the Orange Basin where oil discoveries were made during the first campaign within license PEL 83 off the coast of Namibia, which is situated close to recent discoveries made by Shell and TotalEnergies.
Transocean has got hold of a new batch of contracts and extensions in the U.S. Gulf of Mexico, India, Norway, and Australia for six floaters, encompassing four drillships and two semi-submersible rigs.
Beach Energy has started production from two wells in the Otway Basin in Commonwealth waters, approximately 65 km southwest of the Victorian coastline.
Techouse is pooling resources with multiple energy companies, including TotalEnergies and Equinor, alongside SINTEF Energy Research, to develop and test a joint industry project (JIP), which aims to change the oil and gas industry’s mind about retrofitting offshore power generation with combined cyc
UK-based and AIM-listed Sunda Energy, former Baron Oil, has disclosed a new timeline for the drilling of an appraisal well at a gas field off the coast of Timor-Leste.
The legal battle that may decide the fate of two of the largest undeveloped oil and gas fields off the coast of the United Kingdom (UK) is fast approaching with less than three weeks left until the set date.
SBM Offshore has offloaded a minority stake in a floating production, storage, and offloading (FPSO) vessel, which is working on Petrobras’ giant oil field in the Santos Basin off the coast of Brazil.
MODEC has achieved further progress in the construction of an FPSO hull, which will be deployed at ExxonMobil’s oil development off Guyana.
Norwegian oil and gas company OKEA has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off the coast of Norway.
