10000 results found for 'prelude flng'

10000 results found for 'prelude flng'
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  • Baker Hughes enhancing production at oil & gas fields in Middle East

    26 December 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    Thanks to a deal with Kuwait Oil Company (KOC), the U.S.-headquartered energy technology giant Baker Hughes is on a mission to help boost production from oil and gas fields in Kuwait, Middle East.

  • Chevron hires Hanwha Ocean for Mediterranean gas field expansion

    5 March 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Chevron Mediterranean Limited (CML), a subsidiary of the U.S.-headquartered Chevron, has put South Korea’s Hanwha Ocean on module fabrication duty for its planned expansion of gas export capacity from a giant natural gas field project off the coast of Israel.

  • Petronas enlarges oil & gas portfolio with block offshore Oman

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

    PC Oman Ventures Ltd (PCOVL), a wholly-owned subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, has signed up for oil and gas exploration in a block off the coast of the Sultanate of Oman through a deal with the country’s government and OQ Exploration and Production Batinah Offshore (OQEP), which will be the firm’s partner.

  • After TechnipFMC, Subsea7 hired for Chevron’s gas project offshore Australia

    16 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Project & Tenders

    U.S. oil & gas company Chevron has awarded Subsea7 with a contract for subsea equipment and associated infrastructure for the third stage of its Gorgon gas project offshore Western Australia. Subsea7 said that the contract for Gorgon Stage 3 is substantial, meaning it is worth between $150 million and $300 million. The contract covers project […]

  • $25 billion price tag looms over Gulf energy infrastructure repairs, Rystad says

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

    Given the reported damage and shutdowns impacting liquefied natural gas (LNG) assets, refineries, fuel terminals, and gas-to-liquids facilities across the Middle East region amid the military conflict between the U.S.-Israel alliance and Iran, Rystad Energy, an energy market intelligence group, estimates that the Gulf energy infrastructure has the potential to be saddled with $25 billion in repair costs.

  • Cronos nexus unbound: Egypt and Cyprus put pen to paper for gas field development

    22 October 2025
    Authorities & Government, Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Regulation & Policy

    With the aim of strengthening energy security through strategic collaboration, Egypt and Cyprus have inked multiple commercial agreements for a natural gas project, which will forge an energy bond between the two countries, enabling Cypriot gas to reach Egypt’s infrastructure.

  • Baker Hughes lands five-year job with Petrobras in Brazil

    18 March 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    U.S.-headquartered energy technology giant Baker Hughes has won a multi-year deal with Brazil’s state-owned energy giant Petrobras to support critical turbomachinery equipment for the South American country’s offshore and refinery operations.

  • TotalEnergies partners with PTTEP in Malaysia by shedding partial stake in offshore block

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

    France’s energy giant TotalEnergies has strengthened its ties with PTT Exploration and Production Public Company (PTTEP) through an arrangement to offload a minor stake in a block off the coast of Malaysia.

  • Tidewater’s fleet to grow to 231 units following acquisition of Brazil’s Wilson Sons

    23 February 2026
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Vessels, Vision

    U.S. offshore vessel operator Tidewater is set to see an increase in its global vessel fleet size to 231 units thanks to the acquisition of Brazilian shipping company Wilson Sons. Tidewater has entered into a definitive agreement to acquire all of the outstanding shares of Wilson Sons Ultratug Participações and its affiliate Atlantic Offshore Services (WSUT) at […]

  • US gov’t, TotalEnergies strike $1 billion deal; Company to invest reimbursed offshore wind fees in its oil & gas projects

    24 March 2026
    Business & Finance

    The U.S. Department of the Interior (DOI) and TotalEnergies have signed settlement agreements to terminate the company’s two offshore wind leases in the United States, confirming recent reports that a deal was being drafted under which TotalEnergies would be reimbursed $928 million (around €806 million) paid in lease fees. Under the deal, TotalEnergies, along with […]

  • EU puts its foot down on Russian oil & gas imports with gradual phase-out

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

    The latest step taken to end the EU’s dependence on Russian fossil fuels is contained within its plans to gradually ban imports of oil, gas, and liquefied natural gas (LNG) from next year, with limited exceptions for existing short-term and long-term contracts. This legislation is described as a response to Russia’s systematic weaponisation of energy supplies.

  • Upping green shipping ante: First newbuild vessel to run on Wärtsilä’s ammonia engine

    27 January 2026
    Business & Finance, Business Developments & Projects, Transition, Vessels

    Wärtsilä has found a first home for its ammonia engine, which will power a new cargo vessel in Norway-based Skarv Shipping Solutions’ fleet, advancing the ship’s decarbonization arsenal and enriching the maritime industry’s green toolbox.

  • Russia’s Lukoil locks in deal to sell off its international assets as sanctions bite harder

    30 October 2025

    Moscow-headquartered energy giant PJSC Lukoil has said yes to a bid from Switzerland’s Gunvor Group for its international portfolio of assets in the wake of growing global sanctions, which keep tightening their hold on Russian businesses overseas.

  • Allseas’ newbuild heavy transport vessel to sport Wärtsilä’s ‘future-proof’ engines

    22 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders, Transition, Vessels

    Wärtsilä has been hired to equip a new purpose-built semi-submersible heavy transport vessel (HTV), which will expand the fleet of Switzerland-based offshore contractor Allseas Group upon completion, with engines, featuring readiness to use alternative sustainable fuels and a modular design, said to enable a significant reduction in maintenance requirements and costs.

  • CMA CGM, Port of Koper to create automotive logistics JV

    21 October 2025
    Infrastructure, Ports & Logistics

    French shipping and logistics giant CMA CGM Group and the Slovenian Port of Koper have signed a declaration for the establishment of a joint venture (JV) for complementary services in the field of automotive logistics

  • Brussels endorses €200 million German scheme for Canadian hydrogen imports to EU

    16 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy, Rules & Regulation

    The European Commission (EC) has cleared a €200 million German aid to boost Canadian-produced renewable hydrogen and its derivatives for the European market. This scheme will support the construction of up to 300 MW of electrolysis capacity.

  • Malaysia ups its energy investment ante with new oil & gas bid round

    11 February 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Regulation & Policy

    Malaysia’s state-owned oil and gas heavyweight Petronas, through Malaysia Petroleum Management (MPM), has launched the Malaysia Bid Round 2026 (MBR 2026) to strengthen Malaysia’s position as an energy investment destination.

  • $4 billion deal in hand as ADNOC scores 20-year gas supply assignment

    27 November 2025
    Business & Finance, Business Developments & Projects, Project & Tenders

    ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has secured a multimillion-dollar natural gas supply agreement with EMSTEEL, an integrated steel and building materials manufacturer, to power the United Arab Emirates’ industrial growth.

  • Woodside’s CEO steps down to take the reins at BP

    18 December 2025
    Business & Finance, Human Capital, Outlook & Strategy

    UK-headquartered energy giant BP has revealed changes to its leadership team as its current Chief Executive Officer (CEO) resigns from the role, which will be handed over to an interim one until the current CEO of Australia’s energy giant Woodside wraps her current job and can take over the same role at the British firm.

  • Santos lines up decade-long gas deal

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

    Australia’s energy player Santos has landed a multi-year gas supply agreement with the South Australian government.

  • Iraq taps US firm for FLNG import terminal development

    2 October 2025
    Business Developments & Projects, Project & Tenders

    The Iraqi government has issued an award letter to U.S.-based Excelerate Energy to develop the country’s integrated floating liquefied natural gas (FLNG) import terminal.

  • African gas project ticks FID off the list as Subsea7 scores multimillion-dollar deal

    1 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders

    U.S.-headquartered energy giant Chevron has taken a final investment decision (FID) for a gas monetization project off the coast of Equatorial Guinea. Noble Energy EG, a Chevron company, has tasked Luxembourg-domiciled Subsea7 with the subsea installation scope for this project.

  • BV to class Møre Sjø’s 2+2 hydrogen-powered cargo ships

    15 October 2025
    Certification & Classification, Infrastructure, Regulation & Policy, Vessels

    French classification society Bureau Veritas Marine & Offshore (BV) has entered into a contract with Turkish Gelibolu Shipyard and German technology company eCap Marine for the classification of 2+2 hydrogen-powered cargo vessels to be built for Norwegian shipowner Møre Sjø AS.

  • New Asian block expands UAE oil & gas player’s Andaman Sea footprint

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

    UAE-headquartered Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi, has enlarged its presence in the Andaman Sea with a new exploration block off the coast of Indonesia, Southeast Asia.

  • Japan’s first hydrogen dual-fuel tugboat sees the light of day

    16 October 2025
    Business Developments & Projects, Infrastructure, Vessels

    Japan’s first tugboat equipped with a hydrogen-powered internal combustion engine, TEN-OH, has been officially delivered.