U.S. liquefied natural gas producer NextDecade said on Thursday it had reached a positive final investment decision (FID) on the fifth liquefaction plant, known as a train, of its Rio Grande export project in Texas.Shares of the company rose over 4%in extended trading…
Pakistan’s state-owned Oil and Gas Development Company (OGDCL) has agreed to acquire a 20% interest in the Eastern Offshore Indus-C Block, joining forces with Pakistan Petroleum Limited (PPL), Turkish Petroleum Overseas Company (TPOC), part of Türkiye’s TPAO…
Japan’s NYK has signed a long-term time-charter agreement for a domestically built crew transfer vessel (CTV) with Oga Katagami Akita Offshore Green Energy, a joint venture established by JERA Nex bp Japan, Electric Power Development, Tohoku Electric Power…
Eni is aiming to get its gas joint venture with Malaysia's Petronas up and running some time next year, Guido Brusco, the Italian oil major's global natural resources chief operating officer, said on Monday.Both firms announced earlier this…
Vietsovpetro, the Vietnamese-Russian joint venture, has started commercial oil production from its BK-24 wellhead platform at the Bach Ho (White Tiger) oil field, more than two months ahead of schedule.On October 11, 2025, Vietsovpetro achieved…
Chevron Suriname Exploration, a subsidiary of U.S. oil major Chevron, is about to start drilling the Korikori-1 exploration well in Block 5, offshore Suriname.The drilling operation, planned to start later in October, will be conducted with Noble Corporation’s Noble Regina Allen jack-up rig…
Ignitis Renewables has signed a sale and purchase agreement with Ocean Winds to acquire its stake in Curonian Nord project, becoming the sole owner of Lithuania’s first offshore wind farm.Ignitis Renewables, part of Ignitis Group, received the…
United Oil & Gas has signed a non-binding memorandum of understanding (MoU) with TDI-Brooks to secure a specialist survey vessel for a campaign offshore Jamaica.The work is related to the planned piston coring and surface geochemical program on the company’s Walton Morant Licence…
Nigeria has commissioned its first wholly owned Floating Storage and Offloading vessel near its Bonny export terminal, one of the companies which developed it said, as Africa's biggest oil producer seeks to improve its crude export infrastructure…
Ignitis Group, a Lithuanian state-owned energy holding company, has submitted a bid for the rights to develop at least 700 MW of offshore wind capacity in the Baltic Sea, as part of Lithuanian state-backed auction.Ignitis Group participated in the tender through ‘Ignitis renewables projektai 5’…
Portugal’s Galp has reached a farm-in agreement with KE STP Company, a Shell affiliate, for the acquisition of a 27.5% stake in São Tomé and Príncipe’s Block 4, forming a joint venture with Shell, Petrobras and ANP-STP.With the agreement, Galp expands its presence offshore São Tomé and Príncipe…
Europa Oil & Gas has received a one-year extension from the Minister of Hydrocarbons and Mining Development for Equatorial Guinea for the initial two-year period of the EG-08 production sharing contract (PSC), with the plans for drilling of the Barracuda prospect set for 2026…
The North African branch of Italian energy company Eni has resumed its exploration drilling in an offshore area northwest of Libya after a five-year hiatus, the Libyan state-run National Oil Corporation (NOC) said on Sunday.In 2024, Eni and…
The Japanese government said on Friday it had designated two sites off the coast of Akita and Fukuoka prefectures as 'promising zones' for developing offshore wind farms.Japan wants to accelerate renewable energy development to reach carbon neutrality by 2050…
Eni and its partners China National Petroleum Corporation (CNPH), Empresa Nacional de Hidrocarbonetos (ENH), Korea Gas Corporation (KOGAS) and XRG have reached the Final Investment Decision (FID) to develop the Coral North deepwater FLNG project…