According to the Netherlands-headquartered Traffic Family, the country needs to diversify its gas supply to boost energy security and decrease its susceptibility to geopolitical pressure.
Chevron and its partners, BG Cyprus (Shell) and NewMed Energy, have given their blessing, together with the government of Cyprus, for an updated development plan of an offshore gas field reservoir in Block 12 located in the Eastern Basin of the Mediterranean Sea.
Hanwha Ocean has placed an order with German manufacturer MAN Energy Solutions (ES) for four engines to be installed on two liquefied natural gas (LNG) carriers it is building for an undisclosed shipowner.
Canada’s oil and gas player Trillion Energy is pressing on with stimulating natural gas production at a field off the coast of Türkiye following weather-induced delays.
Transocean has landed a new set of contract extensions for three floaters, encompassing one drillship and two semi-submersible rigs, working off the coast of India, Norway, and Australia.
Germany’s Deutsche ReGas has pulled the plug on a charter deal for one of two floating storage and regasification units (FSRUs) currently operating at the ‘Deutsche Ostsee’ (German Baltic Sea) energy terminal in Mukran.
Perenco UK and Carbon Catalyst Limited have kicked off the UK’s first-ever CO2 injection test, carried out at a carbon capture and storage (CCS) license in the North Sea that encompasses what is seen as the UK’s largest depleted gas field. As part of Project Poseidon, the test includes CO2 being inj
Gneiss Energy, a UK-based strategic and corporate finance advisory firm operating within the energy and natural resources sectors, has published a report on the potential negative effects the UK’s gas policy discouraging investments in local gas production could have on the environment and supply.
Ventura Offshore has struck a deal with Umas 1 as the seller of a semi-submersible rig the firm decided to acquire last year. This enables the Brazilian player to make a lump sum payment as a final settlement.
Vår Energi has confirmed that four major projects are expected to be put into operation this year, enabling the firm’s production to exceed 400,000 barrels of oil equivalent per day (kboepd).
As Harbour Energy plans to head for the exit, the AIM-listed Synergia Energy is going on the hunt for another partner that will join its carbon capture and storage (CCS) project in the UK sector of the North Sea.
Equinor has secured a drilling permit with Norway’s authorities to drill an exploration well in the Barents Sea with one of Transocean’s semi-submersible rigs.
ASX-listed Hartshead Resources has submitted a program and budget for the development of a new gas export route from a production license situated on the United Kingdom Continental Shelf (UKCS) for approval to its partners in the P2607 joint venture (JV).
UK-based investment firm Basalt Infrastructure Partners has signed a deal to add a newbuild liquefied natural gas (LNG) carrier to the existing LNG platform owned by its joint venture with Denmark’s Celsius Shipping.
