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Low-Carbon Transition

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Arkticheskaya jack-up floating drilling rig; Source: Gazprom
Low-Carbon Transition

Gazprom’s gas reserves trump production rates with lion’s share in Arctic and Yamal Peninsula

Russia’s energy giant Gazprom has expanded its natural gas resource base by performing geological exploration in 2024 to fortify the Russian Federation’s energy security. This enabled the company to augment its gas reserves so that they once again eclipse its production rates, with the biggest chunk

about 1 year ago
Illustration of FPSO for Bay du Nord oil project; Source: Equinor
Low-Carbon Transition

Canada’s stalled $12-billion oil project takes step forward with new FPSO awards

Equinor has started the ball rolling to develop its controversial Bay du Nord oil project off the coast of Newfoundland and Labrador by awarding preliminary front-end engineering design (pre-FEED) work to BW Offshore and Altera Infrastructure.

about 1 year ago
NFE's LNG terminal in Puerto Rico is adjacent to the power plant, which will initially operate on LNG but have the capacity to operate on hydrogen in the future; Source: New Fortress Energy
Low-Carbon Transition

US firm scores 20-year gas supply gig in Puerto Rico

U.S. energy infrastructure player New Fortress Energy (NFE) has secured a multi-year natural gas supply deal for a 478 MW combined-cycle power plant, which is currently under development in San Juan, Puerto Rico.

about 1 year ago
Darwin LNG; Source: Santos
Low-Carbon Transition

Duo exploring avenues for Australian LNG project’s expansion to enrich gas market

Santos has joined forces with Tamboran Resources Corporation to look into a potential enlargement of a liquefied natural gas (LNG) project in Darwin, with the idea of supplying more gas to the country’s domestic market and international LNG scene.

about 1 year ago
President Lech Kaczyński LNG Terminal in Świnoujście has been in operation since 2016; Source: Gaz-System
Low-Carbon Transition

LNG terminal spreads its wings to level up Poland’s gas diversification and energy security

Gaz-System has expanded the regasification capacity at a liquefied natural gas (LNG) terminal in Świnoujście.

about 1 year ago
CNOOC
Low-Carbon Transition

CNOOC earmarks up to $19 billion for oil & gas, offshore wind, solar, and AI-integrated plays

China’s CNOOC has set out its multibillion-dollar business strategy and development plan for 2025.

about 1 year ago
Europe
Low-Carbon Transition

New LNG carrier deal marks 21st vessel entry in Danish shipowner’s orderbook

Danish shipping player Celsius has expanded its liquefied natural gas (LNG) orderbook with a new addition, thanks to a deal with Japan’s JERA.

about 1 year ago
LNG tanker (for illustration purposes); Source: U.S. Department of Energy
Low-Carbon Transition

Trump makes good on all his energy promises: ‘Golden’ US oil, gas, & LNG age and offshore wind pause in effect

Will Trump’s upcoming oil and gas era be a setback, holding back U.S. renewables’ progress, or a shot in the arm galvanizing greener zest?

24 minutes read
FLNG Gimi works on BP's Greater Tortue Ahmeyim (GTA) project; Source: Golar LNG
Low-Carbon Transition

BP’s biggest project achieves ‘key milestone’ as FLNG gets first gas

With floating liquefied natural gas (FLNG) commissioning activities in full swing, BP has achieved another first at a gas development off the coasts of Mauritania and Senegal, which is said to be the biggest project in its portfolio and one of the deepest, most complex gas developments in Africa.

about 1 year ago
FPSO Dorado; Source: Santos
Low-Carbon Transition

Australian player takes a rain check on FID for giant oil project

Santos has put off a final investment decision (FID) for a huge oil development project in the Bedout Basin off the coast of Western Australia (WA).

about 1 year ago
Hywind Tampen wind farm (on the horizon) powers the Gullfaks and Snorre fields; Credit: Ole Jørgen Bratland/Equinor
Low-Carbon Transition

Norwegian oil & gas electrification story takes another step forward with multimillion-dollar deal

Equinor has made a move to progress its offshore oil and gas electrification plans on the Norwegian Continental Shelf (NCS) by handing out a contract for early stage engineering services to Multiconsult Norge, in collaboration with subcontractors Aker Solutions and fully owned subsidiary LINK Arkite

about 1 year ago
‘World’s first’ ship with full-scale onboard CCS ready for pilot testing
Low-Carbon Transition

‘World’s first’ ship with full-scale onboard CCS ready for pilot testing

Following a turnkey CCS retrofit by Seatrium, Clipper Eris, the ethylene carrier owned by Solvang, is set to commence pilot testing.

about 1 year ago
Vela drillship (former West Vela); Source: Diamond Offshore, now part of Noble Corporation
Low-Carbon Transition

Seadrill drillship strikes oil & gas in US Gulf of Mexico enabling Talos to eye production start-up next quarter

Talos Energy has made a new oil and natural gas discovery in the U.S. Gulf of Mexico, thanks to its ongoing drilling activities with a drillship owned by Seadrill.

about 1 year ago
Deepsea Bollsta rig; Source: Equinor
Low-Carbon Transition

Chevron ends in the same boat as Shell with no commercial hydrocarbons off Namibia

Chevron has drilled an exploration well in the Orange Basin off the coast of Namibia, which did not yield any commercial hydrocarbon quantities.

about 1 year ago
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