There is no denying that the oil and gas industry faces multiple challenges, however, Global Data has selected the pressure to decarbonize and diversify products as the largest, driven by climate concerns and increasing carbon taxes imposed by governments, which is perceived to threaten oil and gas
With the first trade war shots fired, a new analysis has highlighted offshore oil production and liquefied natural gas (LNG), which have dipped their toes into broader market arenas, among products that can reap the benefits from the looming tariff threats, potentially paving the way for Canada to b
Developments in 2024 hammered home the enduring nature of oil, gas, and liquefied natural gas (LNG) projects and the progress made in developing new ones and extending the lifetimes of older ones.
ADNOC Trading, an affiliate of Abu Dhabi National Oil Company (ADNOC), has signed a liquefied natural gas (LNG) trading supply agreement with India’s Hindustan Petroleum Corporation Limited (HPCL), a unit of the state-owned Oil & Natural Gas Corporation (ONGC).
QatarEnergy has signed a long-term condensate supply agreement with the Singapore-based Shell International Eastern Trading Company (SIETCO), a wholly-owned subsidiary of the UK-headquartered energy major Shell.
Since 2024 saw many projects greenlighted, Offshore Energy has delved into some of the biggest steps taken last year to move forward with approved developments.
Offshore Energy has gone back in time to make a collection of some of the most important LNG developments and deals that hit the market in 2024.
While current indications firmly point out that oil and gas are here to stay for years to come, the same goes for decarbonization, which is expected to pick up more speed globally, including in the oil and gas arena, as Big Oil signs off on new greenhouse gas (GHG) emission reduction endeavors along
UK-headquartered CRP Subsea, part of AIS, has won a contract with Shell for the supply of crushable foam wrap (CFW) for a deepwater development located offshore Houston in the Gulf of Mexico/America. The initial order for the Whale development is for one well-set, with additional orders for four mor
A semi-submersible rig forming part of Odfjell Drilling’s fleet has undergone maintenance ahead of its contract with Aker BP in the North Sea.
Akrake Petroleum Benin, an affiliate of Singapore’s Rex International Holding Limited, has signed contracts to use two vessels for a field development offshore Benin.
Australia’s energy giant Woodside has signed a supply agreement with UK-headquartered major BP for gas to feed into its recently approved liquefied natural gas (LNG) project in Louisiana.
India’s Larsen & Toubro Limited (L&T) has handed out a detailed engineering design contract to French-based engineering company Technip Energies for an offshore compression project it will undertake for QatarEnergy LNG
A floating storage and regasification unit (FSRU) has arrived in Germany’s Wilhelmshaven to form part of a liquefied natural gas (LNG) terminal operated by Deutsche Energy Terminal (DET).
