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Oil & Gas

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Fossil EnergyFPSO & VesselsBusiness & FinanceBusiness Developments & ProjectsInnovationTechnologyProject & TendersVesselsLiquefied Natural GasLow-Carbon TransitionExploration & ProductionAuthorities & GovernmentRegulation & PolicyTransitionEnvironmentSubseaCollaborationOutlook & StrategyVisionRigsCabling
Structural twin for FPSO can unlock multimillion dollar savings for offshore energy production; Source: Akselos
Oil & Gas

FPSO structural twin enabling assets’ life extension and multimillion-dollar savings for oil & gas operators

Akselos has unveiled its structural performance management (SPM) software designed to enhance asset performance, ensure uninterrupted operations, and extend the asset life of floating production, storage, and offloading (FPSO) vessels.

about 2 years ago
Four persons with flashlights inspecting the interior of a metal construction
Oil & Gas

Eight new LNG carriers to feature French firm’s tanks

France’s technological containment specialist Gaztransport & Technigaz (GTT) has been hired by two Korean shipyards to design tanks for two sets of four new liquefied natural gas carriers (LNGCs) on behalf of an undisclosed shipowner.

about 2 years ago
An illustration showing two onshore plants
Oil & Gas

New offtake deal takes Texas LNG project to FID-ready stage

Texas LNG, a subsidiary of Glenfarne Energy Transition has signed another heads of agreement (HOA) for a long-term supply of liquefied natural gas (LNG) from its proposed facility in Texas’ Port of Brownsville. Thanks to the latest agreement, the developer says it has the customer offtake commitment

about 2 years ago
Crown LNG plans to utilize gravity-based structures for LNG regasification and liquefaction facilities; Source: Crown LNG
Oil & Gas

Crown on the lookout for new LNG opportunities but postpones sanctioning of FSRU project in UK

Crown LNG has bumped to next year the final investment decision (FID) for its planned and fully owned floating liquefied natural gas (FLNG) import terminal in Scotland’s Firth of Forth.

about 2 years ago
An illustration of an LNG vessel next to a pier
Oil & Gas

Headwinds push Florida LNG project completion back five years to decade’s end

The United States Federal Energy Regulatory Commission (FERC) has granted Eagle LNG Partners, a Texas-based energy player, an extension of the deadline to finish the construction of the proposed small-scale liquefied natural gas (LNG) facility in Jacksonville, Florida.

about 2 years ago
Safe Concordia; Source: Prosafe
Oil & Gas

Flotel’s lengthened stay in Gulf of Mexico brings millions of dollars to Prosafe

Prosafe has won a charter extension with an undisclosed company for one of its semi-submersible vessels that will continue working in the U.S. Gulf of Mexico.

about 2 years ago
LNG carrier; Source: ABB
Oil & Gas

Swiss firm to kit out QatarEnergy’s 15 LNG vessels with permanent magnet shaft generator tech

ABB has been tasked with providing permanent magnet shaft generator technology to power 15 liquified natural gas (LNG) carriers, which South Korea’s Samsung Heavy Industries (SHI) will build for work with QatarEnergy.

about 2 years ago
Rio Grande LNG
Oil & Gas

$18.4 billion gas project’s life on the line – Court ruling poses a threat to US LNG infrastructure buildout, developer says

A court ruling is said to have put a liquefied natural gas (LNG) export project at Texas’ Port of Brownsville in danger by revoking the reauthorization granted by the Federal Energy Regulatory Commission (FERC).

about 2 years ago
Spain’s energy giant Repsol has selected Norway’s IKM Operations, part of the IKM Group, as the provider of integrity management for its Norwegian fields.
Oil & Gas

Repsol awards five-year integrity management contract to Norwegian firm

Spain’s energy giant Repsol has selected Norway’s IKM Operations, part of the IKM Group, as the provider of integrity management for its Norwegian fields. The contract covers engineering tasks and inspections at Repsol Norge’s topside facilities and subsea installations/pipelines in the Yme, Rev, an

about 2 years ago
Stena Forth drillship; Source: Stena Drilling
Oil & Gas

Drilling ops in Morroco still ongoing but gas volumes so far seem below pre-drill estimates

Energean is continuing to drill a well at its gas field in the Lixus license located 40km off the coast of Morocco in the Atlantic Ocean.

about 2 years ago
Troll C platform in the North Sea; Source: Equinor
Oil & Gas

Two North Sea platforms plug into shore power as works on full electrification continue to take decarbonization up a notch

Equinor has shifted its carbon footprint reduction efforts into higher gear with the partial electrification of two offshore platforms at a giant North Sea field off the coast of Norway.

about 2 years ago
An illustration of an LNG terminal on the coast
Oil & Gas

Offtake deal bringing Mexican LNG to Oman

Amigo LNG, a Mexican subsidiary of Singapore’s LNG Alliance, has signed a binding heads of agreement (HOA) with OQ Trading (OQT), the trading arm of the national energy company of the Sultanate of Oman, to supply liquefied natural gas (LNG) from its liquefaction facility under development on Mexico’

about 2 years ago
Deepwater Atlas drillship; Source: Transocean
Oil & Gas

BP books Transocean’s first eighth-gen drillship for 365-day drilling program

Transocean has landed a new long-term assignment with the UK-headquartered oil major BP for the first of two eighth-generation drillships to join its rig fleet, which is also considered to be the world’s first drillship with a three-million-pound hook-load and 20,000 psi well control system.

about 2 years ago
Vessel naming ceremony; Source: QatarEnergy
Oil & Gas

First LNG vessel duo in QatarEnergy’s historic shipbuilding program get their names (Gallery)

QatarEnergy has held a naming ceremony for the first two conventional-size LNG vessels under its historic shipbuilding program at the Hudong-Zhonghua Shipyard in Shanghai, China.

about 2 years ago
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