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Oil & Gas

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Fossil EnergyBusiness & FinanceBusiness Developments & ProjectsLiquefied Natural GasExploration & ProductionLow-Carbon TransitionAuthorities & GovernmentCarbon Capture Usage & StorageEnvironmentOutlook & StrategyRegulation & PolicyTransitionInfrastructureMarket OutlooksRigsFPSO & VesselsDecommissioningRules & RegulationEvents
Illustration; Source: Enauta
Oil & Gas

Brazilian players eye merger closing date in two weeks

Brazil’s Enauta and 3R Petroleum Óleo e Gás have shared the indicative timeframe for making their proposed merger official.

about 2 years ago
Nigeria LNG
Oil & Gas

With Shell shedding Nigerian onshore business, TotalEnergies follows suit to pursue LNG and offshore oil & gas opportunities

TotalEnergies has made its move to divest interests in the SPDC joint venture (JV) seven months after Shell did the same. However, the French player will retain its stake in gas supply to Nigeria LNG (NLNG), as liquefied natural gas (LNG), alongside offshore oil and gas assets, are part of the firm’

about 2 years ago
Illustration; Source: LLOG
Oil & Gas

US oil & gas player bags 41 new Gulf of Mexico blocks close to existing deepwater discoveries as it gears up for appraisal ops

LLOG Exploration has added 41 deepwater blocks to its list of assets in the Gulf of Mexico, where it plans to spud an appraisal well this quarter.

about 2 years ago
Illustration; Source: Offshore Energies UK (OEUK)
Oil & Gas

UK set on leaving fossil fuels behind and turning into clean energy superpower

The UK is determined to accelerate its energy transformation, moving away from coal, oil, and gas to turbocharge its clean, green energy mission before the end of the decade.

about 2 years ago
Cheniere's 1000th cargo on the vessel Hoegh Galleon; Source: Business Wire
Oil & Gas

Cheniere’s Texas LNG pipeline goes into operation

A pipeline for transporting LNG in Texas, co-owned by U.S. LNG export project developer Cheniere Energy, has entered commercial service.

about 2 years ago
An aerial view of the Excelsior ship docked at Freeport LNG terminal; Courtesy of Freeport LNG
Oil & Gas

US LNG project coming back online following hurricane-induced damage and outage

With the initial repairs nearing the end, an LNG export project in Texas is anticipated to return to partial production during the week.

about 2 years ago
FSRU Exquisite (for illustration purposes only); Source: Excelerate Energy
Oil & Gas

Rising LNG demand and energy security concerns pushing global FSRU market to grow by $891 million up to 2028

The global FSRU market size is forecast to increase in the 2024–2028 period, based on a report by U.S.-based market research firm Technavio.

about 2 years ago
Ocean BlackRhino drillship; Source: Diamond Offshore
Oil & Gas

Diamond Offshore drillship fleet to sport managed pressure drilling systems by year-end

Diamond Offshore is working on bolstering the capabilities of its drillships by equipping them with a managed pressure drilling (MPD) system.

about 2 years ago
Akçakoca platform; Source: Trillion Energy
Oil & Gas

Ongoing perforation ops at Black Sea field fuel hopes of higher gas flow rates offshore Türkiye

Encouraged by the current results of its well intervention program, Trillion Energy is anticipating an increase in gas flow rates from the wells at its natural gas field in the Black Sea.

about 2 years ago
FPSO Liza Destiny; Credit: SBM Offshore
Oil & Gas

Guyana seeks intel on environmental impacts of ExxonMobil’s seventh oil project

Guyana’s Environmental Protection Agency needs further insights into the potential environmental impacts of ExxonMobil’s seventh oil project.

about 2 years ago
Solan platform (for illustration purposes only); Source: Harbour Energy
Oil & Gas

With UK’s oil & gas decom costs on the rise, operators urged to get the job done by securing supply chain resources ‘now’ to avoid bottlenecks

The NSTA has warned North Sea operators to pick up the pace of their well decommissioning operations to prevent further price hikes.

about 2 years ago
Environmental Defense Fund Europe (EDFE)
Oil & Gas

EU’s first-ever methane clampdown regulation becoming law of the land

The EU has set standards in place to curb its methane footprint from the energy sector, with the historic legislation to slash methane emissions in Europe.

about 2 years ago
Illustration; Source: Snam
Oil & Gas

Italian firm on track to bring FSRU for its LNG terminal online next year

Italy’s Snam has disclosed that the work is going as planned, with the FSRU for its Ravenna LNG terminal scheduled to go online in Q1 2025.

about 2 years ago
Illustration; Credit: Clyde Thomas/Longboat Energy
Oil & Gas

As oil & gas player closes the book on Norwegian ops, rebranding coming soon for one opened in Southeast Asia

Longboat Energy has ended its oil and gas story in Norway by wrapping up the divestment of its assets and will focus on building a full-cycle E&P business in Southeast Asia.

about 2 years ago
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