Karoon Energy is in the process of diversifying and expanding its asset portfolio, thanks to biding agreements worth $720 million.
Brazilian state-owned oil and gas giant Petrobras and Danish company European Energy have signed a memorandum of understanding (MoU) to investigate business opportunities for developing an e-methanol plant in Brazil, on a non-binding basis. According to Petrobras, the companies have vertically integ
While calling for a transition away from coal, oil & gas, Pacific leaders’ final text did not explicitly mention extraction and production.
This week saw Europe entrench its position as the decarbonization trailblazer, with the Netherlands, Germany, Norway, Denmark, and Belgium spearheading the new wave of projects.
Jersey Oil & Gas and NEO Energy have chosen an FPSO for work on their oil development project on the UK Continental Shelf (UKCS).
Energy company Mexico Pacific and the government of the Mexican state of Chihuahua have entered into a strategic collaboration agreement supporting the construction and operation of Mexico Pacific’s Sierra Madre Pipeline. According to Mexico Pacific, the Sierra Madre Pipeline will originate at the b
BOEM has set a new date for the next offshore oil and gas lease sale for acreage in the Gulf of Mexico after postponing it to comply with a court order.
Carbon Catalyst has entered into an agreement with Summit Energy Evolution Limited (SEEL), a wholly owned subsidiary of Sumitomo Corporation, for the farmout of a 10% interest in a North Sea carbon capture and storage (CCS) project. Carbon Catalyst announced it had reached an agreement with SEEL to
Corinth Pipeworks, the steel pipe segment of Cenergy Holdings, has won a contract to manufacture and supply the pipeline for OMV Petrom’s deepwater natural gas project offshore Romania. Corinth Pipeworks, as subcontractor of Sumitomo Corporation Europe, will manufacture and supply approximately 160
Danish national transmission system operator (TSO) Energinet and Gasunie Deutschland, a unit of Dutch energy company Gasunie, have signed a cooperation agreement on the next steps for the development of the Danish-German hydrogen network aiming to make it possible to make large quantities of green h
PRIO, formerly known as PetroRio, has sold its interest in a Petrobras-operated gas field off Brazil to Gas Bridge, in a bid to focus on its operated assets.
Equinor its consent to use a COSL Drilling-owned semi-submersible rig for drilling activities at a field in the North Sea off Norway.
A project to retrofit a crew transfer vessel (CTV) with hydrogen fuel cells, to cut CO2 and NOx emissions while servicing offshore wind farms, has kicked off. Phase 1 of Project Verdant, supported by the UK’s national innovation agency Innovate UK, is now underway involving a preliminary design and
Natural gas, especially LNG, is touted as the linchpin of the energy future not just in Australia but also across the globe.
