Santos has agreed key commercial terms for a 10-year LNG supply deal with POSCO Steel and separately signed a non-binding agreement to buy about 1 million tonnes per annum of LNG from Canada's proposed Ksi Lisims project for up to 20 years.Under the proposed POSCO agreement…
Baker Hughes has received two orders from Venture Global to supply gas compression systems for the Cloud Connector Pipeline and liquefaction equipment for the expansion of the Plaquemines LNG facility in Louisiana.The Cloud Connector order covers…
XRG, ADNOC and SEFE have signed a memorandum of understanding to explore wider cooperation across the natural gas and LNG value chain, including supply, infrastructure and shipping opportunities aimed at Germany and the wider European market…
Global oil supply and demand will fall further than previously thought this year, the International Energy Agency said on Friday, as a lack of progress in ending the Iran war delays the return of normal Middle East flows into 2027 and sends fuel prices soaring…
Norway's energy ministry said on Friday it has received applications from 21 oil and gas companies seeking exploration acreage in the government's annual mature-areas (APA) licensing round.The number of companies rose by one from last year's APA round…
Saipem and Jan De Nul have signed a letter of intent with ExxonMobil for preliminary work on the offshore portion of the Rovuma LNG Phase 1 development in Mozambique, ahead of a potential engineering, procurement, construction and installation (EPCI) contract…
Odfjell Drilling has received a letter of award from Vår Energi for a three-year drilling campaign with the Deepsea Bergen rig starting in early 2028, with the firm backlog valued at about $518 million.The work will begin after completion of…
Papua LNG has reached a series of commercial and contractual milestones ahead of a final investment decision (FID), including a transfer of operatorship from TotalEnergies to ExxonMobil and a reduction in estimated project capital expenditure to around $14 billion…
Developers of shale gas in Australia's Northern Territory say they plan to replicate the liquefied natural gas boom in the state of Queensland, but without the duplication of infrastructure and overspending that occurred in the 2010s.The territory's…
Woodside Energy has signed a non-binding Memorandum of Understanding (MoU) with Petróleos Mexicanos (PEMEX) that will allow analysis of potential future opportunities for exploration and extraction of hydrocarbons in the deep waters of the Gulf of Mexico…
Valeura Energy has announced that it intends to accelerate its Wassana field redevelopment project on block G10/48 (100% operated interest) in the offshore Gulf of Thailand.Dr. Sean Guest, President and CEO, commented: “Work on our new-build…
Wison New Energies has signed a collaboration agreement to integrate Shell’s Dual Mixed Refrigerant (DMR) liquefaction technology into Wison’s floating LNG (FLNG) offerings.Previously deployed only in Shell-equity projects, the technology will…
Ørsted and Nuveen Infrastructure’s German offshore wind farm Borkum Riffgrund 3 has been commissioned and is now in commercial operation. With an installed capacity of 913MW, the project is one of Germany’s largest offshore wind farms currently in operation…
Belgian marine contractor Jan De Nul will install rock protection for a North Sea CO2 pipeline as a subcontractor to Saipem, marking its first involvement in a carbon capture and storage project.The work forms part of the Northern Endurance Partnership's CO2 transportation and storage network…
SLB has been selected as strategic reservoir partner for the Havstjerne carbon storage project in the Norwegian North Sea, providing technology and engineering services during the concept and front-end engineering and design (FEED) phases.The project…