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Oil & Gas

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FPSO Petrojarl Rosebank; Source: Adura
Oil & Gas

$11.8 billion North Sea oil & gas project clears key consultation hurdle ahead of government’s final say

Adura, an incorporated joint venture (IJV) between the UK-headquartered Shell and Norway’s Equinor, has confirmed the end of a public consultation period on the development of an oil and gas field in the North Sea. This project on the UK Continental Shelf (UKCS) is now awaiting the UK government’s f

about 1 month ago
Illustration; Source: ADES
Oil & Gas

Go-ahead for ADES to restart all suspended offshore rig ops as jack-up market remains tight

ADES Holding Company, an oil and gas drilling services provider that is part of Saudi Arabia-headquartered ADES Group, has secured the green light to restore all temporarily suspended offshore rig operations in Saudi Arabia, as offshore activity across the Gulf Cooperation Council (GCC) region conti

about 1 month ago
Karim Badawi, Egypt's Minister of Petroleum and Mineral Resources, visited the production site of Pharaonic Petroleum Company (PhPC) in Port Said Governorate; Source: Egypt’s Ministry of Petroleum and
Oil & Gas

Egypt moves to fast-track Mediterranean gas field tie-in in pursuit of production growth

With its sights set on higher domestic gas production, Egypt’s Ministry of Petroleum and Mineral Resources is pushing to accelerate field development in the Eastern Mediterranean waters, as part of its broader efforts to enable upstream growth and achieve its exploration and production plans through

about 1 month ago
Saipem 10000; Source: Saipem
Oil & Gas

Saipem’s 26-year-old drillship on completion ops at Eni’s gas well offshore Sicily

Italy’s engineering, drilling, and construction services company Saipem is carrying out completion work with its 2000-built drillship for compatriot energy giant Eni on a gas well off the coast of Sicily, with the campaign scheduled to run through to late September 2026, according to an Italian Coas

about 1 month ago
NS-42 (ODN-II) drillship; Source: Foresea
Oil & Gas

Petrobras widens Brazil’s Equatorial Margin push with hydrocarbon discovery off Amapá

Brazilian state-owned energy giant Petrobras has found hydrocarbons in a frontier well located in ultra-deep waters off the coast of Amapá, deepening Brazil’s Equatorial Margin exploration quest.

about 1 month ago
Illustration; Source: Shell
Oil & Gas

Shell loses five-year legal fight as South Africa’s court sets aside Wild Coast exploration permit

UK-headquartered energy giant Shell has hit a dead end in its plans for oil and gas exploration off South Africa’s Wild Coast, after the Constitutional Court overturned a Supreme Court of Appeal (SCA) order that had kept the project alive, delivering a major victory for environmental groups and loca

about 1 month ago
FPSO P-67 operates on the Tupi field within the ultra-deep pre-salt layer of the Santos Basin, roughly 260 kilometers off the coast of Rio de Janeiro, Brazil; Credit: Andre Motta de Souza/Agencia Petr
Oil & Gas

73 years in the making: Petrobras’ oil field exceeds 4 billion barrels as Brazil’s pre-salt turns 20

Brazil’s state-owned energy giant Petrobras has notched a new production milestone, with one of its oil fields surpassing 4 billion barrels of cumulative output as the pre-salt, now entering its third decade, cements its status as the company’s production powerhouse in Brazilian waters.

about 1 month ago
A man climbing down a ladder on an offshore platform
Oil & Gas

BP, XRG, and UCC on 4 tcf Venezuelan gas quest as offshore development gathers pace

UK-headquartered energy giant BP and its partners, ADNOC’s XRG and UCC Oil and Gas Holding, have secured a key license off the coast of Venezuela in a push to unlock 4 trillion cubic feet (tcf) of proven gas resources.

about 1 month ago
Golar LNG's FLNG Hilli Episeyo; Credit: Seatrium
Oil & Gas

Seatrium lines up third FLNG conversion assignment with Golar LNG

Golar LNG, a Bermuda-headquartered liquefied natural gas (LNG) midstream infrastructure owner and operator, has booked Seatrium, a Singapore-headquartered offshore, maritime, and energy solutions provider, for a potential third floating LNG (FLNG) conversion project.

about 1 month ago
Rendering of Argentina LNG project; Source: YPF
Oil & Gas

$51 billion LNG megaproject takes ‘important’ step on path to FID by year-end

A giant multibillion-dollar liquefied natural gas (LNG) export project in South America is laying the groundwork for a final investment decision (FID) by the end of 2026, with the submission of its application to join Argentina’s Large Investment Incentive Regime (RIGI), bringing the country closer

about 1 month ago
Who Dat; Source: Delmar
Oil & Gas

Subsea tie-back development to US Gulf oil & gas asset is a go

U.S.-headquartered LLOG Exploration, a subsidiary of Harbour Energy, has decided to move forward with the development of a subsea tie-back to an existing floating production system (FPS) in the Gulf of America (U.S. Gulf of Mexico).

about 1 month ago
Greenergy Cloud LNG carrier; Source: MOL
Oil & Gas

MOL puts bow on six-vessel newbuilding program with final LNG carrier delivery

Japan’s shipping giant Mitsui O.S.K. Lines (MOL) has confirmed the completion of a six-vessel liquefied natural gas (LNG) carrier newbuilding program for China National Offshore Oil Corporation (CNOOC), following the naming of the last vessel in the series at Hudong-Zhonghua Shipbuilding in China.

about 1 month ago
Papua LNG
Oil & Gas

TotalEnergies handpicks Daewoo E&C for work on LNG project in Oceania

France’s energy giant TotalEnergies has selected Seoul-based Daewoo Engineering & Construction (Daewoo E&C) as the preferred bidder for a major package on a liquefied natural gas (LNG) project in Papua New Guinea, Oceania.

about 1 month ago
FLNG MKII design with 3.5 mtpa; Source: Golar LNG
Oil & Gas

Golar LNG accelerates FLNG expansion with new $2.45 billion order

Golar LNG, a Bermuda-headquartered owner and operator of liquefied natural gas (LNG) midstream infrastructure, has struck an engineering, procurement, and construction (EPC) deal with Yantai CIMC Raffles Offshore (CIMC Raffles) for its fourth floating LNG (FLNG) and second vessel of MKII design.

about 1 month ago
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