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Oil & Gas

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A digital rendering of an LNG plant by the coast
Oil & Gas

Santos broadens Asia-Pacific LNG portfolio with Canadian supply and 10-year POSCO deal

Australia’s energy player Santos is stepping up its liquefied natural gas (LNG) push in Asia through a long-term supply deal with South Korea’s POSCO and a proposed agreement to buy 1 million tonnes per year (mtpa) from an LNG project being developed on Canada’s northwest coast to export lower-carbo

13 days ago
Borr Galar and Borr Njord; Photo credit: GPO Heavylift
Oil & Gas

Borr Drilling keeps three jack-up rigs as it reorganizes Mexico ops with stake sale

Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has taken steps to streamline its operations in Mexico through a sale of its interests in joint ventures Perforaciones Estratégicas e Integrales Mexicana and Perforaciones Estratégicas e Integrales Mexicana II, known toge

13 days ago
Strohm's manufacturing base in the Netherlands; Source: Strohm
Oil & Gas

Petrobras taps Strohm for up to 1,500-meter deepwater TCP trial offshore Brazil

Dutch thermoplastic composite pipe (TCP) manufacturer Strohm has been hired on an assignment, covering the supply, qualification and offshore trial of thermoplastic composite pipe (TCP) for water injection and gas lift applications in Brazil’s deepwater post-salt province, in a project that will tes

13 days ago
Illustration of FPSO with full scale (100 MW) SOFC installation with integrated carbon capture; Source: MODEC
Oil & Gas

MODEC, Eld Energy chart path to low-carbon FPSO power with ABS milestone

Japan’s MODEC and Eld Energy, a Norwegian fuel cell system company, have cleared a key milestone in the new technology qualification (NTQ) process from the American Bureau of Shipping (ABS), advancing their solid oxide fuel cell (SOFC) power system toward deployment on operating floating production,

13 days ago
COSL Innovator rig; Source: COSL Drilling Europe
Oil & Gas

Thumbs-up for Equinor’s North Sea drilling ops with COSL rig

Norway’s state-owned energy giant Equinor has secured a drilling permit for operations in the North Sea on the Norwegian Continental Shelf (NCS), which will be undertaken with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor.

13 days ago
Left to right: Kwang-Pil Chang, Senior Executive Vice President - Advanced Research Center, HD KSOE; Andy McKeran, Chief Growth Officer, Lloyd’s Register; and Hongryeul Ryu, Executive Vice President &
Oil & Gas

Hybrid electric propulsion at the heart of next-gen LNG carrier design

London-headquartered Lloyd’s Register (LR), a maritime classification and technical services provider, is teaming up with South Korea’s HD Hyundai Heavy Industries (HHI), headquartered in Ulsan, and HD Korea Shipbuilding & Offshore Engineering (KSOE), based in Seongnam, to push hybrid-electric propu

13 days ago
Illustration; Source: Shell
Oil & Gas

Shell and MET Group pen new multi-year US LNG supply deal

MET International, the trading and wholesale arm of Swiss-based integrated energy company MET Group, and UK-headquartered energy giant Shell have struck a long-term liquefied natural gas (LNG) agreement to strengthen Europe’s energy security with LNG sourced from the United States (U.S.).

14 days ago
Rendering of the Ruwais LNG concept design; Source: ADNOC
Oil & Gas

Germany-UAE energy ties deepen as RWE, Masdar and ADNOC eye LNG supply and €3B offshore wind investment

Germany and the United Arab Emirates are stepping up energy cooperation, with German power producer RWE joining Abu Dhabi clean-energy firm Masdar and oil and gas giant ADNOC to pursue plans spanning more than €3 billion in potential offshore wind investment and advancing talks on long-term liquefie

14 days ago
FPSO Agogo; Source: Azule Energy
Oil & Gas

Saipem picks up $350 million subsea job offshore Angola

Italy’s engineering, drilling, and construction services company Saipem has won a roughly $350 million contract from Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, for subsea work on an offshore development in Angola, adding another major deepwater award to the Italian contractor

14 days ago
Plaquemines LNG; Courtesy of Venture Global LNG
Oil & Gas

Baker Hughes enlisted to power next wave of Venture Global’s LNG expansion

U.S.-headquartered energy technology giant Baker Hughes and Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, are deepening their partnership as the LNG developer moves forward with the next stage of a major U.S. LNG infrastructure buildout.

14 days ago
Gjøa; Source: Vår Energi
Oil & Gas

Fulkrum steps up Norwegian offshore oil & gas presence with Vår Energi deal

Fulkrum, a London-headquartered technical services company providing inspection, expediting, auditing and technical staffing solutions to energy and industrial projects, has landed an inspection services contract with Vår Energi, an independent oil and gas operator on the Norwegian Continental Shelf

14 days ago
SED Energy Holdings and Ventura Offshore to unite into one
Oil & Gas

SED Energy Holdings and Ventura Offshore to unite into one

SED Energy Holdings and Ventura Offshore have signed a letter of intent (LoI) for an all-share combination with the aim of creating a larger and stronger publicly listed energy services platform. Energy Holdings will acquire 100% of the outstanding shares in Ventura Offshore, remaining the listed pa

17 days ago
21 companies apply for Norway’s new oil & gas exploration areas
Oil & Gas

21 companies apply for Norway’s new oil & gas exploration areas

The Norwegian Ministry of Energy has received applications from 21 companies showing interest in new exploration areas on the Norwegian Continental Shelf (NCS) as part of this year’s Awards in predefined areas (APA) licensing round. APA 2026 was announced on May 5, with applications closing on Septe

17 days ago
Saipem-Jan De Nul consortium joins Mozambique’s LNG project
Oil & Gas

Saipem-Jan De Nul consortium joins Mozambique’s LNG project

A consortium of Saipem and Jan De Nul has signed a letter of intent (LoI) with ExxonMobil for a liquefied natural gas (LNG) development in Mozambique. The LoI, signed for the first phase of the Rovuma LNG project, includes limited preliminary engineering and procurement and other technical services,

17 days ago
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