Southeast Asia is developing more than 100 gigawatts of gas-fired power generating capacity and 70 million tons per annum of LNG import capacity, despite growing supply risks highlighted by the ongoing war in the Middle East, data from US think tank Global Energy Monitor showed on Thursday…
Shell has completed the sale of its 50% non-operated interest in the Na Kika platform and associated fields in the Gulf of America, along with its wholly-owned Coulomb tieback, receiving about $840 million in cash at closing.The assets were…
Saudi oil giant Aramco plans to reorganise its business to create a new gas division with an eye on possible listings of business units in the future to raise cash, two sources with knowledge of the matter told Reuters.The move is in line with…
TotalEnergies and AMNI have taken a final investment decision on the Ima gas development offshore Nigeria, targeting production of 350 million cubic feet per day from 2028 to supply the Nigeria LNG liquefaction plant.TotalEnergies will operate the project with a 40% interest…
Petrobras, Shell and Strohm have completed a qualification and offshore field trial program for a thermoplastic composite pipe flowline designed for high-CO2 conditions in Brazil's deepwater pre-salt, clearing the way for a Petrobras pilot installation planned for early 2027…
QatarEnergy expects the first train of its North Field East (NFE) liquefied natural gas expansion project to start production in the first half of 2027, but additional trains will depend on the Strait of Hormuz crisis.Disruptions caused by the…
Njord Survey has secured a three-year framework agreement by RWE Offshore Wind to provide remotely operated vehicle services across offshore wind farms in U.K. and European waters.The agreement covers offshore survey campaigns using remotely operated vehicles (ROVs)…
Exmar has received Approval in Principle (AiP) from Bureau Veritas Marine & Offshore for a concept to convert an existing membrane-type LNG carrier into a floating liquefied natural gas (FLNG) unit for offshore gas developments.The FLNG concept…
Transocean has been awarded a two-well contract for its Deepwater Conqueror ultra-deepwater drillship in Equatorial Guinea, adding about $80 million to the offshore driller's backlog.The approximately 170-day campaign with an undisclosed operator is expected to begin in 2027…
Apollo Global Management is exploring strategic options for Energos Infrastructure, in a deal that could value the floating liquefied natural gas infrastructure provider at more than $3 billion, people familiar with the matter said.The investment…
Equinor has signed a long-term agreement to supply liquefied natural gas to Thailand's PTTT, expanding its LNG business in Asia.The company did not disclose the duration of the agreement or the volumes covered by the deal.The agreement will…
Global LNG prices could shoot higher this winter as Europe holds its lowest stocks in years and North Asian buyers face increased competition with the Strait of Hormuz still closed, executives said at an industry conference this week.Europe…
The Norwegian Offshore Directorate has granted Equinor a drilling permit for a wildcat well in the North Sea.The permit is for wellbore 25/9-5 S in production license 1042, operated by Equinor with 30% working interest.Its partners are Aker BP with 40% share and Vår Energi with 30% working interest…
MET Group and Shell have signed a new long-term agreement for the supply of U.S. LNG, expanding the European energy company's access to American gas for its customers across Europe.Under the agreement, Shell will supply MET International, MET Group's trading and wholesale arm…
MODEC and Eld Energy have completed a key qualification stage for a solid oxide fuel cell power system designed for floating production, storage and offloading (FPSO) units, advancing plans to test the technology using produced gas on an operating offshore unit…