The steel-cutting ceremony for a floating production storage and offloading (FPSO) unit destined for a field offshore Brazil operated by the Brazilian subsidiary of the U.K.-headquartered energy giant Shell was held at the Sumitomo Heavy Industries’ Yokosuka shipyard in Japan.
With a six-week exclusive due diligence period in effect, Australia’s energy player Santos has kicked off negotiations concerning an $18.7 billion non-binding indicative offer for all its shares with a consortium led by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), comprising Abu Dhab
A construction support vessel (CSV) owned by Norway’s shipping player Rem Offshore has begun working for Norwegian state-owned energy giant Equinor following an extensive rebuild and mobilization project. In pursuit of more sustainable operations, efficiency enhancements, and cost savings, Rem Offsh
A privately held energy infrastructure development company plans to develop a liquefied natural gas (LNG) facility on the Texas Gulf Coast.
Shell has brought online a new phase of its natural gas field in the Norwegian Sea, which is set to augment the amount of gas recovered from the asset, bolstering Europe’s energy security.
Thailand’s state-owned oil and gas company PTT has signed a heads of agreement (HoA) with the U.K.-based energy company Centrica Energy for a long-term supply of liquefied natural gas (LNG).
TotalEnergies has taken a step to enlarge its oil and gas portfolio of assets off the coast of Suriname with the acquisition of a minority stake in another block, which is close to the one where the French player is developing its oil project.
The American Bureau of Shipping (ABS) classification society has granted an approval in principle (AIP) for a new cybersecurity solution developed by South Korea’s Hanwha Ocean to protect critical infrastructure and operations on board floating production storage and offloading (FPSO) units.
Yinson Production is only days away from securing a $1.17 billion bond issue for a floating, production, storage, and offloading (FPSO) unit, which is deployed at an oil field in the pre-salt Campos Basin off the coast of Brazil.
Two energy majors, the UK’s Shell and Norway’s Equinor, have revealed the name of their joint venture that is set to become the UK North Sea’s largest independent oil and gas producer.
As media speculation over a potential merger between two European oil majors, the UK-headquartered Shell and BP, has not died down yet, the former decided to address the rumors by denying the alleged business combination talks and move.
Equinor has finished drilling a wildcat well in the North Sea with one of Odfjell Drilling’s semi-submersible rigs. The drilling activities did not result in a new oil and gas find off the coast of Norway.
Four workers have lost their lives in a fire at an oil tanker undergoing repair works at a shipyard in Indonesia.
Equinor and its partners have unveiled plans to pour more than NOK 21 billion ($2.09 billion) in a new subsea development, combining several discoveries in the northern part of the North Sea that will export oil and gas via an existing platform located off the coast of Norway.
