A recent deal between Qatar’s QatarEnergy and China’s Sinopec bolsters hopes that gas and LNG will power the energy transition engine.
With the number of offshore rigs on a downward trajectory, Baker Hughes’ international rig count report shows five units less in October 2023 than the month before
The International Energy Agency’s new report outlines that the energy world is expected to change its stripes by 2030.
The COP28 Presidency has revealed the launch of a new charter to mobilize and encourage the private sector to take further steps towards accelerating and bolstering their net-zero pledges.
QatarEnergy LNG, previously known as Qatargas, has completed its 1,000th LNG shipment to the South Hook LNG terminal at Milford Haven in the United Kingdom (UK). The landmark delivery was made by the Q-Max LNG carrier Mozah, which already has another landmark achievement to its name, the 10,000th LN
GMS has won one new contract and two extension deals for the vessels in its fleet, raising contracted backlog revenue to $326.2 million.
Transocean has enlarged its contract backlog for the sixth consecutive quarter, expanding it to $9.4 billion at the end of 3Q 2023.
Israel’s Ministry of Energy has set its cap on approving the award of six licenses in a fourth competitive process for natural gas exploration in the State of Israel’s Exclusive Economic Zone (EEZ) to Azerbaijan’s SOCAR, NewMed Energy – former Delek Drilling – and Britain’s BP.
Wood Mackenzie points out that NOCs and IOCs are making progress at a different pace, as there are multiple roads to a sustainable world.
DNV: The pace of the transition from fossil fuels to renewables is not being imbued with enough speed to reach net-zero by 2050 targets.
QatarEnergy has inked two long-term LNG sale and purchase agreements (SPAs) with TotalEnergies for the supply of up to 3.5 mtpa of LNG.
While current impacts are bound to be limited, a further spike along with a disruption of oil supplies are believed to be on the cards if Iran joins the fray.
Baker Hughes’ international rig count report shows a sharp drop in the number of offshore rigs in September 2023.
Saipem, in consortium with NPCC, has inked a letter of award (LOA) with ADNOC for work on a recently sanctioned giant gas development.
