Britain’s government is putting the wheels into motion to embrace more hydrocarbons with open arms by opening new licensing opportunities to ensure energy security while hoping to unlock more green investments in the process.
Italy’s oil and gas giant Eni and energy infrastructure operator Snam have launched the first carbon capture and storage (CCS) project in Italy. Eni CEO Claudio Descalzi and Snam CEO Stefano Venier signed an agreement on December 19, 2022, to jointly develop and manage Phase 1 of the Ravenna CCS Pro
U.S. energy company New Fortress Energy (NFE) has executed a definitive agreement to charter the floating storage and regasification unit (FSRU) Energos Winter from Brazilian state-owned oil and gas giant Petrobras starting in December 2023. According to NFE, the FSRU will be deployed to Terminal Ga
BP has started production from a field in UK waters, which was developed by Neptune Energy and connected to the oil major’s 25-year-old Eastern Trough Area Project (ETAP) hub, reusing some existing subsea infrastructure.
Light Structures has won two contracts for the delivery of hull stress monitoring systems for two Petrobras-commissioned FPSOs.
Aberdeen-based Amplus Energy Services is entering the carbon capture sector with a multi-million-pound investment in a Norwegian carbon capture company which will see the creation of a new UK carbon capture business. Amplus Energy announced it was investing seven figures in the Norwegian carbon capt
Equinor has made a new gas discovery in the North Sea, using one of Shelf Drilling’s jack-up rigs.
A recent deal between Qatar’s QatarEnergy and China’s Sinopec bolsters hopes that gas and LNG will power the energy transition engine.
ABL has been awarded a new contract by Velesto Drilling to provide marine warranty survey (MWS) services related to rig moves off Malaysia.
Kosmos Energy has boosted its working interest and taken the operatorship helm, subject to customary government approvals, of giant gas discoveries offshore Senegal, after BP’s withdrawal from the field.
Qatar’s state-owned oil and gas company QatarEnergy has signed a partnership agreement with China Petrochemical Corporation (Sinopec) for the North Field South (NFS) expansion project. Furthermore, the two parties signed a long-term sales and purchase agreement (SPA) for the delivery of 3 million to
Following rupture and shutdown of the Balticconnector gas pipeline in early October, Finland’s Inkoo FSRU terminal has received second LNG cargo from Gasum. According to Gasum, the cargo arrived on November 5 and unloading to the FSRU has started where the LNG will be regasified and fed into the Fin
New report predicts a boost in demand, with orders reaching up to $173 billion for 168 floating production units within the next five years.
Oslo-listed oil and gas E&P player BW Energy has made a new oil discovery at an appraisal well which is part of its multi-well program offshore Gabon.
