Southeast Asia is developing more than 100 gigawatts of gas-fired power generating capacity and 70 million tons per annum of LNG import capacity, despite growing supply risks highlighted by the ongoing war in the Middle East, data from US think tank Global Energy Monitor showed on Thursday…
ABL has been appointed by Allseas as marine warranty surveyor for the single-lift removal of the Statfjord A topside in the North Sea, an operation set to use an upgraded 60,000-tonne lifting system aboard Pioneering Spirit.Allseas is carrying out the engineering…
Saudi oil giant Aramco plans to reorganise its business to create a new gas division with an eye on possible listings of business units in the future to raise cash, two sources with knowledge of the matter told Reuters.The move is in line with…
Oil and Natural Gas Corporation (ONGC) has struck gas at a deepwater exploration well in India's Mahanadi Offshore Basin, with the well flowing gas at encouraging rates and reservoir pressure.The MN-DW18-1-H-D well, about 43 km off Konark on the Odisha coast…
Transocean has been awarded a two-well contract for its Deepwater Conqueror ultra-deepwater drillship in Equatorial Guinea, adding about $80 million to the offshore driller's backlog.The approximately 170-day campaign with an undisclosed operator is expected to begin in 2027…
Apollo Global Management is exploring strategic options for Energos Infrastructure, in a deal that could value the floating liquefied natural gas infrastructure provider at more than $3 billion, people familiar with the matter said.The investment…
Spinergie, an Intelligence & Operations platform, announced its expansion into offshore logistics with a solution for planning, managing and optimizing personnel and cargo logistics for the offshore energy sector. The platform is designed to…
As offshore oil and gas platforms, offshore wind farms and maritime energy assets become increasingly connected, they are also becoming more exposed to sophisticated cyber threats. At the same time, a wave of new cyber security regulations is reshaping how operators protect critical infrastructure…
Petrobras has awarded Strohm a contract to supply thermoplastic composite pipes for water injection and gas lift applications in Brazil's deepwater post-salt cluster, with the technology to be tested in water depths of up to 1,500 metres.The…
Libya plans to increase gas output to 4 billion standard cubic feet a day over the next three to five years, its oil and gas minister told an energy forum in Bangkok on Tuesday.'We have come to identify huge opportunities for us to increase…
Petronas and PTTEP subsidiaries have received approvals from the governments of Malaysia and Thailand for a new 35-year production sharing contract covering Block A-18-01 in the Malaysia-Thailand Joint Development Area (MTJDA).PC JDA Limited…
Global oil supply and demand will fall further than previously thought this year, the International Energy Agency said on Friday, as a lack of progress in ending the Iran war delays the return of normal Middle East flows into 2027 and sends fuel prices soaring…
Italy adopted measures on Thursday aimed at boosting domestic oil and gas production, Prime Minister Giorgia Meloni said, seeking to cut red tape for drilling licences and reduce dependence on fossil fuel imports.Italy currently produces about 29 million barrels of crude oil a year…
Odfjell Drilling has received a letter of award from Vår Energi for a three-year drilling campaign with the Deepsea Bergen rig starting in early 2028, with the firm backlog valued at about $518 million.The work will begin after completion of…
DNV, the independent energy expert and assurance provider, has quantified how standardizing turbine designs and securing predictable project pipelines could reduce the average lifetime cost of electricity from North Sea offshore wind by up to 28% by 2050 in a high-volume scenario…
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