Offshore Natural Gas News

 

BP Launches Gas Production at Azerbaijan’s Giant ACG Field

Jun 01, 2026

BP and its partners have started non-associated gas (NAG) production at the Azeri-Chirag-Gunashli (ACG) field offshore Azerbaijan, marking the first commercial gas production from one of the world's largest oil-producing fields.The initial gas-producing well was drilled from the West Chirag platform in the Caspian Sea, and is intended to provide early production as well as reservoir and flow data to support appraisal of the field's gas resources and future development planning…

Northern Lights Expands LCO2 Fleet with Vessel Charter for MISC, K Line

Jun 03, 2026

Northern Lights JV has awarded a consortium comprising Kawasaki Kisen Kaisha (“K' LINE) and Malaysia's MISC Berhad a time charter contract for a newly built 12,000 cubic meter liquefied CO2 (LCO2) carrier, supporting the expansion of Europe's carbon capture and storage (CCS) infrastructure…

Apollo’s Floating Wind Quick Connector Gets Closer to Commercial Rollout

Jun 02, 2026

Apollo has received an Approval in Principle (Level 2) from Bureau Veritas for its PALM Quick Connection System (QCS), a technology designed to simplify the connection and disconnection of dynamic cables from floating offshore wind turbines…

Weatherford Strikes Deal to Acquire NCS Multistage

Jun 01, 2026

Energy services company Weatherford has entered into a definitive agreement to acquire NCS Multistage Holdings in a transaction aimed at expanding its well completions portfolio and increasing exposure to unconventional resource markets.Under the agreement…

Oil Jumps Over 3% After US-Iran Exchange Attacks

Jun 01, 2026

Oil prices rose more than 3% on Monday after Iran and the U.S. traded strikes and Israel ordered troops to move further into Lebanon in its battle with Tehran-backed Hezbollah.U.S. crude futures CLc1 rose $2.88 or 3.3% to $90.24 a barrel as of 0701 GMT…

Engineering for Extremes (II): Accuracy & Efficiency in Offshore Drilling

May 31, 2026

Accurate, immediate data while drilling is central to efficient, effective outcomes. Tronics Microsystems earlier this year introduced its inertial sensor portfolio with the launch of the AXO315 T1, a high-temperature digital accelerometer designed for energy sector drilling applications…

Equinor Taps DeepOcean for Norwegian Continental Shelf Subsea Work

May 28, 2026

DeepOcean has been awarded a subsea contract package by Equinor covering multiple fields on the Norwegian continental shelf, including projects in the North Sea and Barents Sea, with offshore work planned across the 2027-28 seasons.The contract…

Baker Hughes Expands Integrated Well Construction Contract with Petrobras

May 26, 2026

Baker Hughes announced Tuesday a major contract extension with Petrobras to provide integrated solutions for well construction across Brazil’s Santos Basin.Baker Hughes will expand the company’s comprehensive well construction operations in several of the basin’s oilfields…

Denmark Receives Offshore Wind Bids as Tender Scheme Rebounds

May 22, 2026

Denmark has received bids for two offshore wind areas in the North Sea and Kattegat designated for at least 1.8 GW of offshore wind capacity, the Danish Energy Agency has informed.The bids cover the Nordsøen Midt (Central North Sea) and Hesselø offshore wind areas…

Aquaterra’s RAF System for UK CCS Project Enters Fabrication Phase

May 20, 2026

Aquaterra Energy has started fabrication of its first Recoverable Abandonment Frame (RAF) system for the Northern Endurance Partnership (NEP), a U.K. carbon capture and storage (CCS) project aimed at supporting industrial decarbonization.The…

Indonesia Signs Eight Oil and Gas Contracts

May 20, 2026

Indonesia's upstream oil and gas regulator SKK Migas signed eight oil and gas contracts on Wednesday at the Indonesia Petroleum Association conference, with total estimated resources of around 13.8 trillion cubic feet of gas.Here are some details…

Inpex Inks Abadi LNG Gas Supply Deal With Indonesian State Firms

May 20, 2026

Japanese gas explorer Inpex signed a commercial contract on Wednesday with Indonesian state firms Pupuk Indonesia, state utility firm PLN, and gas utility firm PGN to purchase gas from the Abadi LNG project.The deal was signed during the Indonesia Petroleum Association conference…

Equinor Signs Five-Year Deal with Eneco for Gas Supply to Germany

May 19, 2026

Equinor has signed a five-year agreement with the Dutch energy company Eneco for supplies of natural gas from the Norwegian continental shelf, which will be delivered to Eneco’s wholly owned German subsidiary LichtBlick.The agreement runs until the end of 2030 and covers annual volumes of around 2…

Eni Assessing Third FLNG Platform for Mozambique

May 19, 2026

Italian energy group Eni is considering deploying a third Floating Liquefied Natural Gas (FLNG) platform offshore Mozambique, a company spokesperson said.Eni took a final investment decision on its second platform, Coral North, in October last year…

ADES Extends North Sea Rig Contract to Three-Year Term

May 18, 2026

Offshore drilling contractor ADES Holding has extended the contract for Shelf Drilling Winner rig with Tenaz Energy Netherlands from a one-year to a three-year firm term for operations in the Dutch sector of the North Sea.The company said the contract…

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