Business & Finance

Australian gas project enters home stretch as developments in Mexico and US Gulf make new inroads

Woodside’s Scarborough, Trion, and Louisiana LNG projects have hit new milestones, with the finish line in sight for the first one.

Infill drilling ops underway offshore Oman with November start-up in sight

Masirah Oil has kicked off drilling of the first infill well at an oil field offshore Oman, with production expected as early as November 2026.

South Korea's Taihan targets expansion in US and Europe under new CEO

Norway set on tapping into Arctic gas potential: New study to unlock 1988 Barents Sea discovery

Norway is targeting untapped Arctic energy by commissioning a new study to shed more light on the 1988 gas discovery in the Barents Sea.

North Sea gas field cleared for take-off: UK greenlights Jackdaw after legal storms

The UK regulator has given Shell-backed Adura the go-ahead for a North Sea gas field following a courtroom showdown with environmental campaigners.

LNG Canada entrusts Técnicas Reunidas with €200M+ EPCM deal

Técnicas Reunidas has secured work on LNG Canada's Coastal GasLink Phase 2, fueling the engineering firm's North American growth.

EU backs cross-border CO2 transport and storage project with €223 million

Timor-Leste throws 12-month lifeline to delayed gas project ahead of drilling ops

This extension for a gas field in Timor-Leste follows earlier termination warnings as partnership talks and drilling preparations press ahead.

United Oil & Gas eyes billion-barrel Jamaican drilling targets as it maps out next steps

United Oil & Gas has unveiled new rig and logistics study results for its license offshore Jamaica, boosting ongoing farm-out talks.

UK’s first HVDC subsea cable factory opens in Scotland

EU grant to cover 60% of investment for 10 MW tidal kite array in Ireland

Eni and Libya’s National Oil Corporation turning on the taps at African gas project

This gas project is set to slash 1.5 million tonnes of annual carbon emissions while unlocking fresh energy supplies for a growing domestic grid.

Transocean’s drillship pair bags $550 million in new US Gulf deals

Transocean has secured multi-well ultra-deepwater contracts for two drillships in the U.S. Gulf, extending operations through 2027.

Petronas and Petrovietnam strengthen ties in pursuit of energy security and low-carbon growth

Petronas and Petrovietnam are expanding their 35-year partnership across LNG, upstream development, and low-carbon energy arsenal in Vietnam.