French energy giant TotalEnergies has shaken hands with Portuguese oil and gas company Galp on a deal that will enable it to enter the PEL 83 license, encompassing an oil discovery off the coast of Namibia, by taking over the operator baton. Galp is getting a minor stake in the French player’s giant
Japan’s energy major JERA has tucked under its belt a decade-long liquefied natural gas (LNG) supply agreement, which is said to be its first long-term LNG sale and purchase agreement (SPA) to supply LNG outside Japan.
MISC Berhad (MISC), Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services, has been hired for the provision of lease, operate, and maintain (O&M) scope of work for a floating production unit (FPU) destined to be deployed at a natural gas development pr
The North Sea Transition Authority (NSTA) has opened its second carbon storage licensing round, offering 14 locations offshore Scotland and England for exploration and appraisal, with the stores offering up to 2 gigatons of additional CO2 storage capacity. The round, opened today, December 9, offers
Switzerland-based offshore drilling contractor Transocean has landed a new multimillion-dollar assignment with an undisclosed oil and gas operator for one of its drillships off the coast of Australia.
Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has decided to move forward with the third stage of development for its giant gas project off the northwest coast of Western Australia (WA) to support long-term local and regional energy security.
Japan’s JGC Holdings Corporation and its joint venture (JV) partner, Fluor Corporation, have wrapped up their work on the second train at a liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia, which is operated by LNG Canada, a joint venture company encompassing Shell,
French energy giant TotalEnergies is set to merge its upstream business with NEO NEXT, creating what is said to be the largest independent oil & gas producer in the UK. The partners have signed an agreement under which TotalEnergies will merge its upstream business with NEO NEXT and become the leadi
Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has taken new steps to bring to life its liquefied natural gas (LNG) export development in Alaska by ironing out a strategic partnership with Korea’s POSCO International Corporation, a core member of the POSCO Group.
As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping
Italy’s energy giant Eni has won a new multi-year liquefied natural gas (LNG) agreement with Gulf Development Company, said to be one of Thailand’s largest private power producers.
Texas LNG, a subsidiary of Glenfarne Energy Transition, has secured an offtake deal with Macquarie Energy, a subsidiary of Macquarie Group, for a liquefied natural gas (LNG) export facility to be constructed in the Port of Brownsville, Texas.
A consortium, consisting of Brazil’s state-owned energy giant Petrobras and Shell Brasil Petróleo, a subsidiary of the UK-headquartered Shell, has secured additional equity in two pre-salt oil projects in Brazilian waters following an auction led by Pré-Sal Petróleo (PPSA).
Vår Energi, an independent upstream oil and gas company on the Norwegian Continental Shelf (NCS), has made a new oil discovery off the coast of Norway, with a semi-submersible rig owned by COSL Drilling Europe.
