Australia gave final approval on Friday for Woodside to operate the country's oldest and second-largest liquefied natural gas plant until 2070, while imposing 48 'strict' new rules in a bid to limit its environmental impact.The decision to extend…
Energy technology company Baker Hughes has secured a contract by Turkish Petroleum (TPAO) and Turkish Petroleum Offshore Technology Center (TP-OTC) to supply subsea production and intelligent completion systems for Sakarya Gas Field Phase 3 in Black Sea…
Eastern Mediterranean focused gas producer Energean secured $4 billion worth of new Israeli gas offtake contracts in the first half of the year, the group said on Thursday, bringing its contract pipeline to $20 billion over the next two decades…
JERA Co. and the Government of Montenegro have signed of a Memorandum of Understanding (MoU), to explore the development of a liquefied natural gas (LNG) terminal and an associated gas-fired plant in the country. Through this strategic partnership…
The Norwegian Offshore Directorate (NOD) has granted Equinor a drilling permit for a wildcat well in the Norwegian Sea.The permit is for wellbore 6507/8-12 S in production license 124 B, operated by Equinor with 25.69% working interestOther partners in the license include Petoro with 36…
JERA Co. has signed a Letter of Intent (LOI) with Glenfarne to advance discussions about liquefied natural gas (LNG) offtake from the Alaska LNG Project.In June, JERA announced approximately 5.5 MTPA of LNG offtake from the U.S. Gulf Coast which allows flexible access to the global LNG market…
British gas producer Energean cut its annual production forecast for the second time in nearly four months on Thursday, hurt by the temporary suspension of production in Israel in June.Production for 2025 is now expected at 145,000 to 155,000 barrels of oil equivalent per day (boepd)…
Italian energy services firm Saipem has secured a new offshore contract by Turkish Petroleum OTC for the third phase of the Sakarya gas field development project in Türkiye, worth approximately $1.5 billion.The third phase of development entails a new dedicated floating production unit (FPU)…
NextDecade and its partners have reached a final investment decision (FID) on the fourth liquefaction plant, the Train 4, at Rio Grande liquefied natural gas (LNG) export project in Texas, closing financial transactions to fully fund the development and related infrastructure…
Woodside Energy has signed a sale and purchase agreement (SPA) with Petronas for the supply of 1 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) to Malaysia from 2028 for a period of 15 years.The milestone marks the successful…
UAE-based offshore drilling contractor Vantage Drilling has signed the contract for its ultra-deepwater drillship Platinum Explorer.Operations with an undisclosed client for the approximately 260-day campaign, inclusive of mobilization and demobilization time…
Halliburton has launched the Turing electro-hydraulic control system, the next generation of SmartWell intelligent completions technology, designed to improve reservoir recovery and reduce well count.The Turing electro-hydraulic control system…
Norwegian oil and gas company Vår Energi has informed that the Jotun floating production, storage and offloading (FPSO) unit, deployed at the Balder field in the North Sea, reached peak production ahead of schedule.The Jotun FPSO is now producing…
Malaysia's oil and gas producer Petronas plans to drill a fourth well by the first quarter next year at offshore Block 52 in Suriname, the government and state company Staatsolie said.Petronas, which has discovered gas reserves in the block…
Britain's Serica Energy cut its 2025 production outlook on Wednesday, after a hit from a temporary slowdown in output at the Triton floating production storage and offloading vessel, sending its shares down nearly 14%.Serica said production…