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Oil & Gas

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Fossil EnergyLiquefied Natural GasBusiness & FinanceBusiness Developments & ProjectsInfrastructureProject & TendersVesselsLow-Carbon TransitionCarbon Capture Usage & StorageCollaborationTransitionPipesProduction & ProcessingSubseaEquipmentFPSO & VesselsExploration & ProductionRigsDecommissioningHuman CapitalOutlook & StrategyMarket Outlooks
LNG carrier Kool Kelvin (for illustration purposes); Source: CoolCo
Oil & Gas

14-year LNG carrier deal lifts CoolCo’s total revenue backlog to nearly $1.9 billion

Bermuda-based LNG carrier owner and operator Cool Company (CoolCo) has signed a multi-year TCP agreement with India’s GAIL (India).

about 2 years ago
Ministers from Qatar, the United States, the United Arab Emirates, Saudi Arabia, Canada, and Norway at Net Zero Producers Forum; Source: QatarEnergy
Oil & Gas

Net-Zero Producers Forum seeks emission reduction pathways with carbon utilization and storage

The Net Zero Producers Forum has set in motion a new working group to explore and step up technologies for the utilization and storage of carbon dioxide.

about 2 years ago
Lv Neng Ying LNG carrier; Source: China Shipbuilding Industry Association
Oil & Gas

‘World’s first’ fifth-generation LNG carrier put to sea months earlier than planned

A new LNG carrier, built by Hudong-Zhonghua Shipbuilding, has been launched five months ahead of its contract period.

about 2 years ago
Saipem wins $850 million contract with BP-Eni joint venture
Oil & Gas

Saipem wins $850 million contract with BP-Eni joint venture

Italian oilfield services provider Saipem has secured a contract worth approximately $850 million to deliver subsea equipment for a field located offshore Angola. Saipem will perform the engineering, fabrication, transportation and installation of subsea facilities and approximately 60 kilometers of

about 2 years ago
Xin Guang Hua vessel transporting FPSO destined to work at Liuhua oilfield; Source: COSCO SHIPPING Heavy Transport
Oil & Gas

Asia’s first cylindrical FPSO coming to work on Chinese oilfield

The loading operation of an FPSO, which is said to be Asia’s first cylindrical FPSO, has been wrapped up by a semi-submersible heavy lift vessel.

about 2 years ago
COSL Promoter; Source: COSL Drilling Europe
Oil & Gas

COSL Drilling hands out multi-million assignment to Odfjell Technology

The UK’s Odfjell Technology has inked a long-term deal for the provision of tubular running services with COSL Drilling Europe.

about 2 years ago
FPSO Atlanta; Source: Yinson Production
Oil & Gas

Yinson Production’s Brazil-bound FPSO reaches its destination

An FPSO has come to Brazil, where anchoring operations are in progress to enable the unit to work at an oil field in the Santos Basin.

about 2 years ago
West Tucana jack-up rig; Source: Seadrill
Oil & Gas

Seadrill parting with three jack-up rigs for $338 million

Seadrill is in the process of disbanding Gulfdrill LLC, thanks to a deal to sell three jack-up rigs, which are working in Qatar, to its joint venture partner.

about 2 years ago
Cormorant Alpha topsides; Source: TAQA
Oil & Gas

AquaTerra rakes in seven-figure sum thanks to four decom gigs

The UK’s AquaTerra Group has won four deals for decommissioning projects, said to be valued in the million-dollar price range.

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

Diamond Offshore drillship staying in Gulf of Mexico for two more years

Diamond Offshore has found more work for one of its drillships with Anadarko, prolonging the rig’s drilling assignment in the U.S. Gulf of Mexico.

about 2 years ago
Noble Voyager drillship; Source: Noble Corporation
Oil & Gas

Another oil & gas find for Petronas and ExxonMobil offshore Suriname

Petronas and ExxonMobil have made another hydrocarbon discovery at an exploration well in Block 52 offshore Suriname.

about 2 years ago
Clarice Coppetti, Petrobras' Interim CEO; Source: Petrobras
Oil & Gas

Petrobras appoints interim CEO, removes CFO amid management reshuffle

Petrobras has confirmed the appointment of an interim CEO, along with an interim CFO after the current one was removed from his position.

about 2 years ago
Shearwater platform in the North Sea; Source: Shell
Oil & Gas

Stake in Shell’s UK gas field enables Norwegian player to bolster North Sea portfolio

DNO has enriched its North Sea portfolio with a new addition, thanks to the acquisition of an interest in a Shell-operated gas field.

about 2 years ago
North Field off Qatar; Source: QatarEnergy LNG
Oil & Gas

QatarEnergy’s CEO on doubling production capacity: LNG is here to stay for years on end

CEO of QatarEnergy is adamant that LNG will keep its spot at the top of the energy demand pyramid for a long time.

about 2 years ago
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