10000 results found for 'Kraken'

10000 results found for 'Kraken'
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  • Rig search ongoing to get Southeast Asian gas drilling project back on track

    10 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    UK-based and AIM-listed Sunda Energy, formerly Baron Oil, is setting the stage to undertake its planned drilling campaign on a gas field off the coast of Timor-Leste, Southeast Asia.

  • Two deepwater gas hubs on the Asian energy horizon as Eni unveils FIDs

    19 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Italy’s energy giant Eni has taken final investment decisions (FIDs) for two gas projects off the coast of Indonesia, Southeast Asia. The company expects these projects to strengthen not only domestic supply but also LNG exports, while leveraging existing infrastructure to accelerate time to market.

  • Canada’s $5.1 billion LNG project continues to take shape (Gallery)

    24 October 2025
    Business & Finance, Business Developments & Projects

    Woodfibre Management, a privately held Canadian company based in Vancouver, has made progress in the construction of its operated $5.1 billion liquefied natural gas (LNG) export project, under development in British Columbia, Canada.

  • North Sea yields fresh gas and condensate discovery

    19 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Harbour Energy Norge, a subsidiary of London-listed oil and gas company Harbour Energy, has made a new gas and condensate discovery in the Norwegian sector of the North Sea, which was drilled with a semi-submersible rig owned by Transocean, an offshore drilling contractor.

  • TotalEnergies offloads oil stakes in Nigerian JV and sets up Middle East’s new trading player

    14 January 2026
    Business & Finance, Business Developments & Projects

    France’s energy giant TotalEnergies has taken steps to divest its oil interest in Renaissance joint venture (JV), formerly SPDC JV, licenses in Nigeria to Vaaris and breathe life into BxT Trading, a new trading company for petroleum products in the Middle East, with Bapco Energies.

  • TotalEnergies spotlights €20B poured into low-carbon progress since 2020 amid legal scrutiny

    24 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy, Transition

    In the aftermath of a court decision related to its carbon neutrality ambition, France’s energy giant TotalEnergies has shed light on its multi-energy strategy investments, highlighting its low-carbon inroads backed by a €20 billion injection over the past five years.

  • NYK Line comes aboard Stolt-Nielsen’s Avenir LNG

    16 March 2026
    Business & Finance, Business Developments & Projects, Vessels

    Japan’s Nippon Yusen Kabushiki Kaisha (NYK Line) has taken steps to acquire a stake in Avenir LNG, an owner and operator of small-scale liquefied natural gas (LNG) carriers and LNG bunker vessels, thanks to its deal with Stolt-Nielsen Gas, a subsidiary of the Oslo Stock Exchange-listed Stolt-Nielsen.

  • Cavotec pens additional shore power supply contracts worth nearly $11M

    7 October 2025
    Business Developments & Projects, Technology, Vessels

    Cleantech company Cavotec has signed additional contracts worth a total of €9.35 million (approximately $10.9 million) with an undisclosed shipping player to supply shore power systems for container vessels. According to officials from Cavotec, the two new orders cover both newly built boxships and retrofitting projects. To be specific, the retrofitting order, valued at around […]

  • Netherlands to establish new offshore electricity bidding zone linked to planned interconnector

    7 April 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Project & Tenders, Regulation & Policy

    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 operators (TSOs), TenneT and National Grid. […]

  • Seventh ammonia-ready vessel joins Grimaldi’s fleet

    14 January 2026
    Business & Finance, Business Developments & Projects, Vessels

    Italy’s shipping player Grimaldi Group has taken delivery of the seventh ammonia-ready pure car and truck carrier (PCTC), which is already set for its maiden voyage on the Asia–Europe service.

  • QatarEnergy turns off LNG and downstream production taps

    3 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Qatar’s state-owned oil & gas giant QatarEnergy has opted to clamp down on output by cutting off the production flow of liquefied natural gas (LNG) and associated products in the wake of the attack on Iran, which the U.S. and Israel launched over the weekend.

  • Transocean, Noble, COSL, Seadrill, and Valaris pinpointed as rig backlog powerhouses

    20 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    While taking a deep dive into the floater rig market and top floating rig managers based on the current total backlog for 2026, Westwood Global Energy, an energy market research and consultancy firm, has spotlighted five offshore drilling players – Transocean, Noble, COSL, Seadrill, and Valaris – as the ones that share the largest slices of this year’s backlog cake.

  • ADNOC’s XRG widens gas and LNG portfolio with Argentina and Caspian Sea deals

    12 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has taken steps to expand its footprint by firming up agreements to come aboard a proposed liquefied natural gas (LNG) project in Sierra Grande Norte, on Argentina’s Atlantic coast, and Southern Gas Corridor (SGC) CJSC, which delivers gas resources from the Azerbaijani sector of the Caspian Sea to the European market.

  • Snam moves to take over partner’s stake in Italy’s FSRU

    12 December 2025
    Business & Finance, Business Developments & Projects

    Snam has taken a step to buy the stake its partner, Igneo Infrastructure Partners, holds in Italy’s floating regasification terminal operator, OLT Offshore LNG Toscana, which runs a floating storage and regasification unit (FSRU) moored off the coast of Livorno.

  • MOL joins Australian partners in advancing low-emission ammonia bunkering

    7 October 2025
    Business Developments & Projects, Collaboration, Transition

    Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has shaken hands with two Australia-based companies, NH3 Clean Energy and Oceania Marine Energy, to embark on the two maritime players’ low-emission ammonia bunkering initiative. As disclosed, the three partners signed a memorandum of understanding (MoU) regarding the development of clean ammonia bunkering operations in the Pilbara region […]

  • Round-up: New oil & gas discoveries take center stage as LNG momentum grows

    5 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Certification & Classification, Exploration & Production, Rules & Regulation, Transition

    As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping portfolios through joint ventures, divestments, and capex commitments.

  • North Sea becomes richer for another oil discovery

    3 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Norwegian state-owned energy giant Equinor has found more black gold in the North Sea off the coast of Norway, thanks to drilling activities with one of Odfjell Drilling’s semi-submersible rigs.

  • Throwback: Top oil & gas final investment decision picks

    1 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    As the global oil and gas story expands with new discoveries and projects, many operators have been laying the groundwork to make final investment decisions (FIDs) for the undeveloped assets in their portfolios. Since many companies decided to sanction their existing developments in 2025, Offshore Energy has made a collection featuring some of these moves.

  • With $8.6 billion for next chapter, US LNG project has $20.7B financing in the bag

    16 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has unveiled a final investment decision (FID) and closing of a multibillion-dollar project financing for the second phase of its third project in Louisiana, United States.

  • Energean widens its oil & gas portfolio with entry into Angola

    12 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    London-based oil and gas player Energean has taken the first step in its strategy to expand its operations into West Africa by acquiring stakes in two blocks off the coast of Angola from the U.S.-headquartered energy giant Chevron.

  • $3.2 billion move on LLOG opens doors to Gulf of America oil & gas scene for Harbour

    22 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    London-listed oil and gas company Harbour Energy has made a multibillion-dollar play for LLOG Exploration Company (LLOG), which is being acquired from LLOG Holdings for $3.2 billion, comprising $2.7 billion of cash and $0.5 billion of the UK player’s voting ordinary shares.

  • Europe urged to step-up its renewable hydrogen game

    8 December 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Infrastructure, Regulation & Policy, Rules & Regulation, Technology, Transition

    The Renewable Hydrogen Coalition (RHC), as the voice of the value chain, encompassing renewable energy suppliers, start-ups, investors, and industrial offtakers dedicated to making Europe the global leader in renewable hydrogen solutions, has called on the European decision-making realms and leaders to scale up incentives, funding opportunities, and market fundamentals for clean technology, especially the landscape surrounding hydrogen made from renewable sources.  

  • €4.5 trillion investor coalition urges EU to hold the line on methane cuts

    3 October 2025
    Authorities & Government, Business Developments & Projects, Environment, Transition

    The European Union (EU) is facing pressure to uphold its methane regulation amid the climate push from 42 institutional investors, with over €4.5 trillion in assets under management, which have warned that backtracking would undermine regulatory certainty and market stability, while also slowing progress on methane reduction and net zero goals.

  • Millions committed to bring Southeast Asian gas field to life

    3 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas player Conrad Asia Energy, has taken a step to secure future gas supply by greenlighting a final investment decision (FID) for a natural gas field in the West Natuna Sea off the coast of Indonesia.

  • As Paratus closes its jack-up shop, Borr Drilling’s Mexican JV welcoming five rigs

    24 March 2026
    Business & Finance, Business Developments & Projects

    Fontis Finance, an indirect subsidiary of Bermuda-headquartered Paratus Energy Services, is offloading its drilling operations and jack-up fleet to Proyectos Globales de Energía y Servicios CME (CME) and BC Ventures, a newly established 50/50 joint venture between subsidiaries of Bermuda-based Borr Drilling and CME as its long-term well construction partner in Mexico.