Searah, the joint venture energy company formed by Italy's Eni and Malaysia's Petronas, has started developing a floating gas facility to process gas from its $11.8 billion North Hub project in Indonesia, the Indonesian government said.The company…
Saipem has confirmed the completion of a key offshore installation campaign for the Neptun Deep natural gas project in Romania, marking another milestone in the development of what is expected to become the European Union's largest offshore gas project…
Worley has secured a contract by Petrogas E&P Netherlands to carry out the pre-front-end engineering design (pre-FEED) study for the Abeona carbon capture and storage (CCS) project in the Dutch North Sea.The Abeona project is intended to develop…
QatarEnergy has extended force majeure on liquefied natural gas (LNG) supplies to several Asian buyers and continues to lease out some of its LNG tankers through mid-October, trade sources said, signaling expectations that export disruptions could persist as the Strait of Hormuz remains closed…
DOF Group has agreed to sell four platform supply vessels (PSVs), acquire two construction support vessels (CSVs) under construction and declare a constructive total loss on the anchor handling tug supply (AHTS) vessel Skandi Amazonas, as the company continues to optimize and modernize its fleet…
Equinor and its partners have made an oil discovery near the Johan Castberg field in the Barents Sea.The discovery was made in the Skrugard North Tubåen prospect by drilling a wildcat well 7220/5-EC-2 H, located around 6 kilometers north of…
Asian and European buyers of liquefied natural gas (LNG) plan to ask for lower prices and additional supply guarantees from Qatar and the United Arab Emirates as the U.S.-Iran war raises insurance costs on those deliveries, buyers, traders and industry executives told Reuters…
Two Chinese supertankers carrying a combined 4 million barrels of Saudi Arabian oil are exiting the Red Sea via the Bab el-Mandeb strait on Thursday, shipping data showed, even as a Saudi vessel came under attack in the region.The ships' attempt…
The Iranian-aligned Houthis said on Thursday they struck two Saudi oil tankers as part of a naval blockade on Saudi Arabia, threatening to create a second chokepoint on global oil supplies alongside Iran's near-closure of the Strait of Hormuz…
Egypt's parliament approved four oil and gas exploration and development agreements on Wednesday, including a North Sinai project involving Franco-British independent producer Perenco.Egypt is looking to bolster domestic energy production that…
TGS has launched three seismic data projects offshore Ghana, Norway and Canada, expanding its multi-client data portfolio as explorers seek to unlock frontier and underexplored offshore basins.The company signed an agreement with Ghana's Petroleum…
Velesto Energy has secured a contract worth approximately $51 million from Hess Exploration and Production Malaysia, a wholly owned subsidiary of Chevron, to provide integrated rig, drilling and completion services for the North Malay Basin Full Field Development Campaign…
Vallourec has secured a contract from Allseas to supply carbon steel seamless line pipes and thermal insulation coating for the Atapu 2 offshore oil project in Brazil, being developed by the Unitized ATAPU consortium operated by Petrobras.The…
PALFINGER has secured a contract from Smulders to supply 64 davit cranes for the East Anglia TWO offshore wind farm in the UK, extending its presence in one of Europe's largest offshore wind markets.The order covers one PF 160-5m davit crane for each of the project's 64 wind turbines…
ABL has been awarded a contract by Oil Search (PNG), a subsidiary of Santos, to provide marine warranty survey (MWS) services for Papua New Guinea's first offshore floating storage and offloading (FSO) facility.The work will support the supply…