Speculation is running rampant over a potential business combination between two oil majors, with the energy industry abuzz over the alleged merger between the UK-headquartered Shell and BP and the implications such a mega consolidation move could have on the global scene.
Texas GulfLink has secured a stamp of approval from the U.S. Department of Transportation’s Maritime Administration for its deepwater port license application, bringing a multi-year environmental and technical review saga to an end.
Equinor has portrayed electrification as the key measure to curb greenhouse gas (GHG) emissions from oil and gas production, paving the way to move forward with the energy transition journey to a low-carbon and zero-emission era.
Brazil’s energy giant Petrobras has signed two credit notes and a memorandum of understanding (MoU) with the Banco do Brasil (BB) aiming to fund and promote initiatives related to sustainability and energy transition.
With the first legal stone cast at the reversal of ocean protections, the Trump administration is facing its initial environmental challenge from groups concerned about the threats stemming from steps taken to spur offshore drilling zest for a new era of oil and gas rush.
Yinson Production has held a naming and sailaway ceremony for an FPSO destined to operate off the coast of Angola, which is said to be the first of its kind that has been equipped with a post-combustion carbon capture pilot system to decarbonize operations.
Yinson Production has opened itself up to new decarbonization inroads with the acquisition of Norway-based Stella Maris carbon capture and storage (CCS) business that aims to unlock large-scale floating collection, transport, and offshore storage of CO2.
Venture Global has disclosed a date for the beginning of commercial operations at its LNG export project in Cameron Parish, Louisiana, south of Lake Charles, United States.
Norway-based Seasystems, a Scana-owned mooring solutions business for floating structures, has received a new order to deliver mooring equipment for a floating liquefied natural gas (FLNG) project to an undisclosed company.
While discussing the tools required to meet energy demands and move forward with the transition to low-carbon and green sources of supply, the CEO of QatarEnergy has emphasized the importance of diversifying the energy mix by feeding oil and gas alongside renewable energy to its global arsenal.
Kimmeridge has secured a green light for its proposed 9.5 million tons per annum (mtpa) liquefied natural gas (LNG) export terminal project on the west bank of the Calcasieu Ship Channel at the mouth of the Gulf of Mexico/America near Cameron Parish, Louisiana.
TotalEnergies and Eni have struck a deal with Cyprus and Egypt to develop a gas discovery named after the god of time in ancient Greek mythology by exporting the natural gas from the field off the coast of Cyprus through Egypt.
SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has been tasked with a study encapsulating the design and the commercial evaluation of various carbon capture systems’ configurations to be installed on future floating production, stor
A geophysical offshore survey is scheduled to start next month at the first-ever carbon storage permit in the UK, being developed by a joint venture between BP, Equinor and TotalEnergies. The geophysical offshore survey for the Northern Endurance Project (NEP) is expected to begin on March 4, taking
