As Southeast Asia’s second wave of deepwater gas projects targets a 28 trillion cubic feet (tcf) supply, Wood Mackenzie, an energy intelligence group, has shed light on the way operators can navigate what it describes as ‘fragile economics’ to unlock this new deepwater gas supply across the region.
Italy’s Next Geosolutions (NextGeo) has secured an expansion of its work scope at a gas project in North Africa under a contract awarded by compatriot engineering, drilling, and construction services giant Saipem at the end of 2025. NextGeo announced today, May 4, that the contract awarded by Saipem
Australian Energy Producers, representing Australia’s upstream oil and gas exploration and production industry, has applauded a commitment to stable policy settings for the energy future, as encouraging investment in early-stage exploration helps bolster efforts to unlock the next generation of supp
Norwegian state-owned energy giant Equinor is extending key supplier agreements for drilling and well services on the Norwegian Continental Shelf (NCS) with a combined value of around NOK 17 billion (approximately €1.56 billion), set to employ around 2,500 people. Equinor reported today, May 4, that
Given the supply shock that hit the global liquefied natural gas (LNG) markets as a result of the Middle East conflict, Wood Mackenzie, an energy intelligence group, has pointed out that this disruption, which led to a gas price surge, failed to rattle Europe thanks to its investment in diversified
As global exploration and production (E&P) players are facing a 40% output drop, Wood Mackenzie, an energy intelligence group, has pointed out that oil and gas companies are increasing high-impact exploration investment to address the 300-billion-barrel supply gap and energy security priorities by 2
Scotland-headquartered offshore drilling contractor Odfjell Drilling has been served with an order from Norway’s offshore safety regulator, which investigated an incident that resulted in an injury at a semi-submersible rig deployed on the Norwegian Continental Shelf (NCS).
Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has pointed out that the findings of a recent report reinforce the benefits of Australia’s existing fiscal framework, including the Petroleum Resource Rent Tax (PRRT), with the spi
Malaysia’s state-owned oil and gas heavyweight Petronas has shaken hands with Eneos Explora, a subsidiary of Japan’s Eneos Group, on a deal that will enable the latter to rejoin a liquefied natural gas (LNG) project that receives gas from offshore fields in Malaysian waters.
With a recent court ruling spurring new environmental assessments for energy projects, Canada-headquartered oil and gas exploration company Africa Energy has confirmed an extension for the submission of a new environmental and social impact assessment (ESIA) for a block off the coast of the Republic
Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin, has shed light on the latest developments regarding its acquisition of the issued and to-be-issued shares it does not already hold in JHI Associates (JHI).
UK-based JDR Cable Systems, part of TFKable Group, has secured a contract with Australian independent operator Amplitude Energy for the supply of subsea control umbilicals. JDR will supply approximately 18 kilometers of hydraulic control umbilicals, with options for a further 13 kilometers, subject
With procurement activity and other pieces being put in place, West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas player Conrad Asia Energy, is setting the development stage to achieve the first gas production from its natural gas field next ye
U.S.-headquartered offshore drilling contractor Noble Corporation has obtained new drilling assignments and extensions across multiple geographies for six floaters in its rig fleet, including jobs in Brazil, Australia, Guyana, the U.S. Gulf, Ghana, and Malaysia.
