Global oil and gas operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects as budgets tighten, rather than the more expensive high-risk hydrocarbon exploration plays.
Aramco has signed a multi-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with the Houston-headquartered NextDecade Corporation, ensuring offtake from an LNG export project located in Texas, United States (U.S.).
Wood Mackenzie has underlined that the U.S. power industry is among the most exposed areas to the shockwaves of U.S. President Donald Trump’s tariff hikes, which are forecast to result in a slower global growth and weaker demand for many commodities, including oil.
The United States Department of the Interior has instructed its Bureau of Ocean Energy Management (BOEM) to hold the next scheduled oil and gas lease sale in the Gulf of America.
Scana-owned PSW Power & Automation has secured a contract to supply an E-House module that will serve as an offshore power distribution for a subsea installation at a project in the Gulf of Mexico/America. As part of the contract described as sizeable, PSW Power & Automation will design, manufacture
German shipbuilder Meyer Werft has presented a new climate-neutral ship concept targeting older people.
Washington’s Department of Commerce has rescinded a $1.37 million conditional grant for a tidal energy project in Puget Sound following objections from multiple tribal nations. The project, led by Dehlsen Associates’s subsidiary Aquantis, proposed testing a marine turbine for three months in the Sim
Norway-based energy data and intelligence company TGS has secured a contract to deliver a shallow-water ocean bottom node (OBN) project offshore Trinidad. The 3D baseline contract is scheduled to commence early in the third quarter of 2025, with the total duration of the survey expected to be approx
Australia’s energy giant Woodside has entered into a binding agreement with Stonepeak, a New York-based investment firm specializing in infrastructure and real assets, for the sale of an interest in its liquefied natural gas (LNG) development on the United States’ Gulf Coast.
MSI has contemplated the possibility of a shift in energy policy within the European Union (EU), where the EU changes its mind about the ban on Russian fossil fuels and decides to take a page out of U.S. President Donald Trump’s book by reviving its energy ties with Russia against the backdrop of tr
Subsea7 has tucked a new assignment under its belt with Shell for a floating production system (FPS) destined for a deepwater development in the Gulf of America, formerly known as the U.S. Gulf of Mexico.
German energy company Mabanaft and e-fuels producer HIF Global have signed a heads of agreement (HoA) for the planned offtake of e-methanol for the shipping industry.
