Norwegian offshore supply vessel owner DOF Group has secured ‘substantial’ contract extension for its anchor handling tug supply (AHTS) vessel Skandi Cutter.The vessel is currently operating in Canada on a contract ending at the end of 2025…
U.S. natural gas output and demand will both rise to record highs in 2025, the U.S. Energy Information Administration (EIA) said in its Short-Term Energy Outlook (STEO) on Tuesday.EIA projected dry gas production will rise from 103.2 billion cubic feet per day (bcfd) in 2024 to 105…
BMT has secured a contract by McDermott International to deliver an Integrated Marine Monitoring System (IMMS) for the Woodfibre LNG facility in Squamish, British ColumbiaWoodfibre LNG is poised to become the world’s first net zero LNG export facility…
OEG has secured a three-year contract with an international oil major to supply logistics equipment for its operations in North America. The agreement includes optional extensions for up to five years, OEG said.OEG will provide its cargo carrying units (CCUs)…
Global energy technology company SLB has launched Retina at-bit imaging, which enables identification of formation characteristics to optimize drilling efficiency, formation evaluation and safety.This first-of-its-kind solution provides precise…
TotalEnergies has signed a Sales and Purchase Agreement (SPA) with Ksi Lisims LNG for the purchase of 2 Mtpa of LNG for 20 years from the future liquefaction plant, subject to the final investment decision of the project.In parallel, TotalEnergies has acquired a 5% stake in Western LNG…
Empire Offshore Wind, a subsidiary of Equinor, has been informed by the Department of the Interior’s Bureau of Ocean Energy Management (BOEM) that the stop work order has been lifted for the Empire Wind project, allowing construction activities to resume…
Canadian company Cellula Robotics has entered into a sales and representation agreement with Subsea Europe Services (SES) and its defense division, FLANQ to expand the market presence of its advanced autonomous underwater vehicle (AUV) technologies across Northern Europe…
ADNOC has signed agreements with ExxonMobil to expand the capacity of United Arab Emirates (UAE) Upper Zakum field, and with Occidental to explore increasing Shah Gas field’s capacity, as part of multiple strategic agreements that could potentially enable $60 billion of U…
Aramco, one of the world’s leading integrated energy and chemicals companies, has signed 34 memoranda of understanding (MoUs) and agreements, with a potential total value of approximately $90 billion, with major U.S. companies.The MoUs and agreements…
Perenco Trinidad & Tobago (T&T), as the operator of the Teak, Samaan and Poui (TSP) fields, has found gas as part of a drilling campaign at the Onyx field, offshore Trinidad and Tobago.The two legs, at the Onyx well and sidetrack in the eastern part of the Onyx field…
Global energy technology company SLB has launched Electris - a portfolio of digitally enabled electric well completions technologies that boost production and recovery while reducing the total cost of ownership of an asset.Electris completions…
U.S. energy company New Fortress Energy (NFE) has executed a three-year charter agreement for the Energos Freeze floating storage and regasification unit (FSRU) with Energía 2000 in the Dominican Republic.The 125,000 m3 Energos Freeze FSRU will be deployed to Energía 2000 S…
Woodside Energy has signed a non-binding collaboration agreement with Aramco to explore potential global opportunities, including Aramco’s equity investment in and LNG offtake from Woodside’s Louisiana LNG project.The agreement also covers possible cooperation in lower-carbon ammonia…
Texas-based subsea oil and gas equipment supplier Trendsetter Engineering has marked the first deployment of its Trident 20,000 psi (20K) intervention system at Beacon Offshore’s Shenandoah project in the Gulf of America.The Trident 20K intervention…