Oil And Gas News

 

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

7 hours ago

Eni has shipped the first liquefied natural gas (LNG) cargo from Phase 2 of the Congo LNG project, marking the start of LNG exports from the Nguya floating liquefied natural gas (FLNG) unit offshore Congo.With the start-up of Phase 2, the Congo LNG project has reached a total liquefaction capacity of 3 million tonnes per annum, equivalent to about 4.5 billion cubic metres of gas per year. The project processes gas from the Nené and Litchendjili fields in the offshore Marine XII licence…

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

7 hours ago

Abu Dhabi National Oil Company (ADNOC) and RWE Supply & Trading have agreed to explore potential liquefied natural gas (LNG) supplies of up to 1 million tonnes per annum to Germany and other European markets under a new strategic collaboration framework…

Perenco Installs Kombi-II MOPU Offshore Congo

8 hours ago

Perenco has installed the Kombi-II mobile offshore production unit (MOPU) at its operated Kombi-Likalala-Libondo II (KLL II) field as part of the redevelopment of the mature Congolese offshore asset.The project, representing an investment of more than $200 million…

New Zealand Moves Ahead with LNG Import Facility Plan

9 hours ago

New Zealand has shortlisted contractors to build a liquefied natural gas (LNG) import facility to boost energy security, provide a reliable backup power source and support economic growth, Energy Minister Simon Watts said on Monday.The government…

Cedar LNG Picks EXMAR for FLNG Marine Operations Role

9 hours ago

EXMAR has been selected by Cedar LNG, the partnership between Haisla Nation and Pembina Pipeline Corporation, to provide marine operations and maintenance services for the floating liquefied natural gas (FLNG) unit as part of Cedar LNG project…

EnQuest Secures Extension for Vietnam's Offshore Block

9 hours ago

EnQuest has been grated a four-year extension to the Block 12W production sharing contract by PetroVietnam.The extension, granted on the contract’s existing terms, runs until July 2034 and allows EnQuest and its partners to continue development activities across Block 12W…

Namibia Flags Approval Need for TotalEnergies, Petrobras Offshore Stakes

Feb 08, 2026

Government officials stated on Sunday that Namibia would not recognize the purchase of offshore stakes by TotalEnergies or Petrobras announced last week until the oil companies followed the proper approval route.A spokesperson for the Presidency…

Saipem’s Underwater Drone Carries Out Autonomous Survey at Njord Field

Feb 06, 2026

Saipem’s first resident underwater drone Hydrone-R has completed an autonomous survey mission over the Arctic coral area of the Njord field offshore Norway, operating without cables or surface vessel support.Hydrone-R Underwater Intervention Drone carried out the mission independently…

Petrobras Returns to Namibia with Offshore Block Stake Acquisition

Feb 06, 2026

Brazil's state-run oil firm Petrobras has acquired a 42.5% stake in Block 2613, offshore Namibia.The transaction was carried out in partnership with TotalEnergies, which also acquired 42.5% and will act as the operator of the block.TotalEnergies…

BW Energy’s Planned Angola Entry Challenged by Pre-Emption Rights

Feb 06, 2026

BW Energy has informed that one of the existing joint venture partners in Angola's offshore blocks 14 and 14K has indicated its intention to exercise pre-emption rights in relation to the previously announced acquisition agreement.BW Energy…

Cheniere Energy Files Application to Build LNG plant in Texas

Feb 06, 2026

Cheniere Energy, the largest liquefied natural gas exporter in the U.S., has submitted an application to build a 24 million metric tonnes per annum LNG plant at its Corpus Christi location in Texas, according to a filing with the Federal Energy Regulatory Commission…

TotalEnergies Secures Operated Interest in Namibia’s Offshore License

Feb 06, 2026

TotalEnergies has signed agreements to acquire a 42.5% operated interest in the PEL104 exploration license offshore Namibia from Eight Offshore Investments Holdings and Maravilla Oil & Gas.Following completion of the transaction, TotalEnergies will become operator of the licence with a 42…

Japan's Mitsui in Advanced Talks for Stake in Qatar’s North Field LNG Project

Feb 06, 2026

Japan's Mitsui & Co is close to buying a stake in the second phase of QatarEnergy's massive North Field project as it seeks to secure stable liquefied natural gas (LNG) supply, five sources close to the matter told Reuters.If reached, the deal…

ConocoPhillips to Cut Costs as Oil Prices Weigh on Earnings

Feb 05, 2026

ConocoPhillips said on Thursday it aims to cut capital and operating costs by $1 billion in 2026, after the U.S. oil and gas producer missed Wall Street estimates for fourth-quarter profit due to weaker crude prices.Benchmark Brent crude LCOc1 prices averaged at $63…

Stena Drilling’s Stena Evolution Drillship Gets DNV’s Emissions Notation

Feb 05, 2026

Stena Drilling’s Stena Evolution drillship has received the Abate (P+) notation from classification society DNV.The Abate (P+) qualifier confirms defined design and control of the vessel’s power generation systems, together with an emission…

Current News

Transocean to Acquire Valaris for $5.8B

Transocean to Acquire Valaris

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

ADNOC, RWE Explore LNG Supply

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Eni’s Congo LNG Phase 2 Begins

Perenco Installs Kombi-II MOPU Offshore Congo

Perenco Installs Kombi-II MOPU

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