The winds of change are still gathering speed as they blow across the global energy industry, but they have not managed to dislodge oil and natural gas from their top spots in the energy mix. These fossil fuels, alongside LNG, are still keeping their finger on the pulse of the worldwide energy secur
The wheels of the global energy mix continue to turn, making changes to the fossil fuel-dominated scenery more visible with new pathways being forged to push decarbonization forward and accommodate emerging energy supply sectors. Regardless, the previous year still brought multiple updates on steps
French provider of tubular solutions Vallourec has secured a contract with Kuwait Oil Company (KOC) for the supply of oil country tubular goods (OCTG) for drilling operations. The contract is seen as major and represents over $130 million in potential revenue. The agreement includes the supply of ca
There is no denying that the oil and gas industry faces multiple challenges, however, Global Data has selected the pressure to decarbonize and diversify products as the largest, driven by climate concerns and increasing carbon taxes imposed by governments, which is perceived to threaten oil and gas
Developments in 2024 hammered home the enduring nature of oil, gas, and liquefied natural gas (LNG) projects and the progress made in developing new ones and extending the lifetimes of older ones.
ADNOC Trading, an affiliate of Abu Dhabi National Oil Company (ADNOC), has signed a liquefied natural gas (LNG) trading supply agreement with India’s Hindustan Petroleum Corporation Limited (HPCL), a unit of the state-owned Oil & Natural Gas Corporation (ONGC).
QatarEnergy has signed a long-term condensate supply agreement with the Singapore-based Shell International Eastern Trading Company (SIETCO), a wholly-owned subsidiary of the UK-headquartered energy major Shell.
Since 2024 saw many projects greenlighted, Offshore Energy has delved into some of the biggest steps taken last year to move forward with approved developments.
Offshore Energy has gone back in time to make a collection of some of the most important LNG developments and deals that hit the market in 2024.
While current indications firmly point out that oil and gas are here to stay for years to come, the same goes for decarbonization, which is expected to pick up more speed globally, including in the oil and gas arena, as Big Oil signs off on new greenhouse gas (GHG) emission reduction endeavors along
India’s Larsen & Toubro Limited (L&T) has handed out a detailed engineering design contract to French-based engineering company Technip Energies for an offshore compression project it will undertake for QatarEnergy LNG
With gas production increase in mind, Italy’s energy giant Eni is set on drilling two additional wells at a natural gas field in the Mediterranean off the coast of Egypt.
ADNOC has signed a multi-year gas deal with ENN for liquefied natural gas (LNG), which will be sourced from the former’s giant low-carbon LNG project, currently under development.
Italy’s engineering, drilling, and construction services giant Saipem has renewed its long-term agreement (LTA) with Aramco, Saudi Arabia’s energy heavyweight.
