Japan’s energy major JERA has signed a 20-year LNG sales and purchase agreement (SPA) with US LNG export project developer Venture Global CP2 LNG. Pursuant to the LNG SPA, JERA is expected to purchase approximately one million tonnes per year of LNG produced from the Venture Global-operated CP2 proj
Neptune Energy has brought on stream an oil and gas field in the Norwegian Sea off Norway, which has been tied back to Equinor’s platform.
ExxonMobil has made a final investment decision (FID) to proceed with the fifth oil development project in Stabroek block offshore Guyana.
U.S.-headquartered energy giant ExxonMobil has made a new oil discovery at the Stabroek block offshore Guyana.
Maersk Growth, a venture arm of industry major A. P. Moller – Maersk, has together with VÅR Ventures, invested in Kvasir Technologies, a Danish technology company developing a proprietary technology for the production of carbon-neutral biofuel from non-edible biowaste material. The company has raise
The European Parliament’s Environment and Industry Committees have voted to extend the scope of the methane emissions regulation.
Aquaterra Energy is expanding its riser and connector portfolio with the addition of a completions and workover system that will support carbon capture and storage (CCS) developments. According to the company, the end-to-end solution will allow operators to safely perform workover and intervention o
Japan-headquartered Sumitomo Electric Industries is planning to establish a power cable factory in Scotland which will supply cables for offshore wind farms and grid connections. “Sumitomo Electric has the technologies necessary for the development of a green society and will work with the Scottish
Nigerian National Petroleum Corporation (NNPC) has signed a memorandum of understanding (MoU) with Norwegian Golar LNG, an owner and operator of marine LNG infrastructure, to build a floating LNG plant in Nigeria. The MoU was revealed in NNPC’s social media update which noted that the agreement was
Enauta has restarted production from two wells offshore Brazil while a third well is expected to come on stream after a pump replacement.
Subsea 7 has reported a revenue of $1.2 billion for the first quarter of 2023, a 4 per cent increase compared to the same period last year, stating it is on track to achieve a higher whole-year revenue than in 2022. The revenue increase is said to reflect strong growth of 18 per cent in […]
Neptune Energy has started production from the 11th well at its operated gas field in the UK sector of the North Sea.
Japan’s energy major JERA, through its subsidiary JERA Asia, has signed a memorandum of understanding (MoU) with Summit Corporation, a subsidiary of Summit Power International, a power producer in Bangladesh, to collaborate on the development of LNG supply, storage, and regasification. More specific
Equinor has provided its safety results for the first quarter of 2023, showing no serious accidents and oil and gas leaks on record.
