In Norway, made rich by oil and gas, the idea of shutting fields sends chills, but that is exactly what the small Green Party is pushing as a global switch away from fossil fuels looms.And it's a demand with greater meaning after Monday's election…
ABS has granted approval in principle to a liquefied carbon dioxide (LCO2) floating storage and injection unit (FSIU) designed by MODEC in collaboration with Mitsui OSK Lines (MOL).Tailored to the growing demands of the global carbon capture…
McDermott has secured a large offshore subsea contract by PTTEP Sabah Oil Limited (PTTEP) for the Block H gas field expansion project, located offshore Sabah in East Malaysia, covering the Alum, Bemban and Permai deepwater fields.Under the scope of the contract…
Yinson Production has entered into a cooperation agreement with Carbon Circle to explore and deliver carbon capture projects as part of its broader carbon capture and storage (CCS) solutions.Under this agreement, the parties will focus on developing…
TotalEnergies and KOGAS, South Korea’s national natural gas company, have signed a Heads of Agreement (HoA) for the annual delivery in South Korea of 1 million tons (Mt) of LNG per year over a 10-year period starting from the end of 2027.Awarded…
Oslo-listed oil and gas company Panoro Energy has appointed Eric d'Argentré as its new Chief Operating Officer and President.D'Argentré has extensive expertise in operations, drilling, field development, HSE and project delivery having held…
Viridien has started the processing and imaging phase for the Utsira North multi-client Ocean Bottom Node (OBN) seismic survey in the Norwegian North Sea, to support exploration and development on the Norwegian Continental Shelf.The processing…
BW Energy has completed a $365 million project finance facility to fund the refurbishment and redeployment of the Maromba floating production, storage and offloading vessel (FPSO) to Brazil’s Maromba field.The loan, backed by China Export & Credit Insurance Corporation (Sinosure)…
Taiwan's bid to propel its billowing offshore wind power market will entail huge government support for prospective suppliers to achieve capacity goals as projects move to deep, technically challenging waters, industry officials and analysts said…
Japan has hired energy consultancy Wood Mackenzie to assess a proposed 800-mile Alaska gas pipeline and LNG plant in a sign it is weighing support for the $44 billion project touted by U.S. President Donald Trump, two sources with knowledge of the matter said…
BP has signed a memorandum of understanding (MoU) with the Egyptian government to evaluate opportunities for a five-well drilling program in the Mediterranean Sea.The program, at water depth ranging from 300 to 1,500 meters, is designed to accelerate…
Senegal has raised its 2025 oil output forecast for the Sangomar offshore field operated by Australia's Woodside Energy Group to 34.5 million barrels from 30.53 million, the energy ministry said on Monday.The Sangomar field started output in June 2024…
Van Oord has completed the laying, burial, termination and testing of 109 array cables at the Sofia Offshore Wind Farm. The Sofia project marked the first operational deployment of cable-laying vessel Calypso. Purpose-built to install cables for offshore wind projects worldwide…
Thailand’s state-owned oil and gas company PTT Exploration and Production (PTTEP) has reached the final investment decision (FID) on carbon capture and storage (CCS) project at its producing Arthit gas field, offshore Thailand.This milestone marks Thailand’s first CCS development…
Monkey Island LNG has awarded McDermott a master services agreement (MSA) to provide front-end engineering and planning services for its planned $25 billion liquefied natural gas (LNG) export facility in Cameron Parish in Louisiana.Phase 1 of…