The U.S. President Donald J. Trump has made a deal with Iran to suspend further attacks for two weeks on the Middle Eastern country in exchange for the reopening of the Strait of Hormuz, which handles 15% of global oil and 20% of global liquefied natural gas (LNG) supply flows.
The Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has taken steps to carry out a study of one of the largest undeveloped gas discoveries on the Norwegian Continental Shelf (NCS) to speed up the process of attracting interest in its development while the infrastructu
The Trump administration’s U.S. Environmental Protection Agency (EPA) has estimated that it will enable $2.5 billion in compliance savings over 15 years by cutting the red tape and revising the Biden-Harris administration’s oil and natural gas regulations to curb gasoline and energy costs.
The Netherlands will introduce a new offshore electricity bidding zone for wind farms that will be linked to the planned 1.8 GW LionLink hybrid interconnector, which will connect the Dutch and UK grids. The LionLink project was launched in April 2023 and is led by the countries’ transmission system
Oslo-listed oil and gas E&P player BW Energy has secured a multi-year licence extension for its core producing asset off the coast of Gabon, Africa.
The Swedish Coast Guard has decided to launch a probe into a ship suspected of causing an oil spill in the Baltic Sea, east of Gotland, ordering the vessel to anchor in Swedish territorial waters.
The Export-Import Bank of the United States (EXIM), the United States government’s official export credit agency that supports American jobs by facilitating U.S. exports, has given the go-ahead for an export credit insurance authorization of more than $2 billion to send U.S. liquefied natural gas (L
Southern LNG Company, a subsidiary of the North American energy infrastructure player Kinder Morgan, has received the go-ahead for additional exports of liquefied natural gas (LNG) from a terminal in Chatham County, Georgia.
Chevron Mediterranean Limited (CML), a subsidiary of U.S.-headquartered Chevron, and its partners have resumed gas production from a giant natural gas project off the coast of Israel.
The U.S. Department of the Interior’s Bureau of Ocean Energy Management (BOEM) has spotlighted the role offshore leasing and planning play in driving record oil production on the U.S. Outer Continental Shelf (OCS).
A new production sharing contract (PSC) for an asset off the coast of Malaysia has been awarded to Medco Asia Pacific, a wholly-owned subsidiary of Indonesia’s PT Medco Energi Internasional (MedcoEnergi), Dialog Resources, and EnQuest Petroleum Production Malaysia, a subsidiary of London Stock Excha
Malta’s fully government-owned company Interconnect Malta (ICM) has launched a preliminary market consultation (PMC) to gather information from the market on the feasibility of large-scale importing of renewable energy from North Africa to Malta via a cable link. The PMC is seen as a formal, non-bin
U.S.-headquartered energy giant Chevron has teamed up with Libya’s National Oil Corporation (NOC) for an oil study at an offshore block in Libyan waters.
Accredited registrar and classification society DNV has issued a recommended practice for offshore hydrogen pipelines, supporting safe design, operation and requalification of pipeline infrastructure in hydrogen service. The DNV-RP-F123 Hydrogen pipeline systems recommended practice addresses hydrog
