Offshore Natural Gas News


Centrica Taps Wood for Work at Rough Gas Storage Site

Nov 22, 2022

Engineering firm Wood said it has been appointed integrated services partner by Centrica Storage for the company’s U.K. Southern North Sea operations.The five-year contract includes the provision of engineering, procurement and construction solutions…

Britain's Windfall Tax Risks North Sea Cash Flight, Output Drop, Industry Warns

Nov 22, 2022

North Sea oil and gas producers hit back after Britain's decision to raise a windfall tax on the sector, warning the move risked jeopardizing investment in the ageing basin and could cut output just as Britain seeks to boost domestic production…

ABS Grants AIP for HHI's Hi-ReGAS+ Regasification System

Nov 08, 2022

Classification society ABS announced it has awarded approval in principle (AIP) for a next-generation, highly efficient concept of a regasification system (Hi-ReGAS+) for floating storage regasification units (FSRUs) and floating liquefied natural gas (LNG) terminals that uses natural circulation…

Santos Posts Record Revenue as LNG Prices, Volumes Soar

Oct 20, 2022

Australia's Santos Ltd said on Thursday its third-quarter revenue jumped over 88% to a record high on higher sales volumes and as a global energy crunch boosted liquefied natural gas (LNG) prices.The Adelaide-based company has benefited from…

Nord Stream Breaches a Stark Reminder of Undersea Infrastructure Vulnerabilities

Oct 17, 2022

On the night of September 26, near the end of the calm season on the Baltic, a broiling kilometer-wide circle disturbed the face of the sea and a huge mass of methane erupted into the air. The gas formed a cloud that crossed Europe, in what’s…

Ecuador to Launch Auction for Offshore Blocks in 2024

Oct 10, 2022

Ecuador is planning to offer, most likely in 2024, blocks for offshore exploration and production of natural gas at the Gulf of Guayaquil, following auctions for onshore areas to be completed next year, Energy Minister Xavier Vera said on Monday…

Gas from Russia's Nord Stream 2 Pipeline Leaks into Baltic Sea

Sep 26, 2022

The Danish authorities on Monday asked ships to steer clear of a five nautical mile radius off the island of Bornholm after a gas leak overnight from the defunct Russian-owned Nord Stream 2 pipeline drained into the Baltic Sea.The German government…

QatarEnergy Signs Deal with TotalEnergies for North Field South Expansion

Sep 25, 2022

State-owned QatarEnergy on Saturday signed an agreement with French supermajor TotalEnergies for the North Field South (NFS) expansion and its chief executive said more partnerships would be announced for the project later.QatarEnergy chief Saad Sherida Al-Kaabi said TotalEnergies would have a 9…

UK Govt Confirms New North Sea License Round

Sep 22, 2022

The UK Government has announced it will support a new oil and gas licensing round in the North Sea that is expected to be launched in October. It has also lifted a moratorium on shale gas production in England. In a statement, the government said…

Allseas Wins North American Pipelay Project

Sep 22, 2022

Allseas has been awarded a substantial construction contract by TC Energy for a major offshore pipeline delivering natural gas to southeast Mexico.The firm's pipelay vessels, Pioneering Spirit, Hidden Gem and Solitaire, will install the 36-inch pipeline…

TotalEnergies Reaches FID for Fenix Gas Project Off Argentina

Sep 19, 2022

French supermajor TotalEnergies has approved the final investment decision (FID) for the Fenix gas development, located 60 km off the coast of Tierra del Fuego in southern Argentina.Through its Total Austral affiliate, TotalEnergies operates the project with a 37…

Pemex Deepwater Gas Project Draws Rebuke from Mexico's Regulator

Sep 13, 2022

Mexico's oil regulator and state company Pemex are at odds over how to develop a deepwater natural gas project, eight people close to the matter said, threatening to stall a $1.5 billion energy venture.Officials at regulator National Hydrocarbons…

Natgas Pipeline Explodes in Lake Lery, Louisiana

Sep 09, 2022

The U.S. Coast Guard said on Thursday that it was responding to a natural gas pipeline explosion at Lake Lery, La., and there have been no reports of injuries, casualties or pollution at this time.The Coast Guard received a report of a large fire at Lake Lery…

Pipeline Agreement for Chariot's Anchois

Sep 08, 2022

Africa-focused oil and gas company Chariot it has signed a pipeline tie-in agreement that takes it a step forward in unlocking its Anchois gas project offshore Morocco. The agreement was signed with the Office National des Hydrocarbures et des…

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