The development Argentina’s vast Vaca Muerta share is transforming the nation into a rising energy exporter, with oil and pipeline gas already flowing abroad and an ambitious multi-phase ‘Argentina LNG’ initiative aiming to secure a permanent place in the global liquefied natural gas (LNG) market…
Southern Energy S.A. (SESA), a company formed to enable LNG exports from Argentina, has reached final investment decision (FID) for the charter of 3.5MTPA MK II floating LNG (FLNG) from Golar LNG.The key commercial terms for the 20-year charter…
British gas producer Energean has taken the final decision to invest in the Irena gas field in the North Adriatic Sea off Croatia, it said on Wednesday.The gas field is located in the Izabela concession, an offshore gas development area in the North Adriatic Sea…
BG International limited, an affiliate of Shell, has made a final investment decision (FID) to develop the Mina West gas discovery in Egypt’s Mediterranean Sea.Shell (60%) will operate the field alongside partner, Kufpec (Egypt) Limited (KUFPEC) (40%)…
Global energy technology company SLB has been awarded a technologies and services contract for carbon storage site development in the North Sea by the Northern Endurance Partnership (NEP), an incorporated joint venture between BP, Equinor and TotalEnergies…
U.K.-based oil firm EnQuest has been awarded a Production Sharing Contract (PSC) for Block C, offshore Brunei, by the Petroleum Authority of Brunei Darussalam (PABD).EnQuest EP BV, a subsidiary of EnQuest, will initially be the sole operator of the PSA with the intention to subsequently…
Engineering company Monadelphous Group has secured new contracts in the energy sector valued at more than $100 million, including work at Shell’s Crux gas platform and Origin Energy’s LNG project.Monadelphous signed a contract with Technip Energies…
Norwegian data and intelligence firm TGS has signed a collaboration agreement with Equinor, aimed at advancing the digitalization of carbon capture and storage (CCS) operations at Northern Lights project.The agreement strengthens the ongoing…
TotalEnergies has signed an agreement to acquire the 25% interest held by Moeve, formerly known as CEPSA, in Block 53, offshore Suriname, joining APA and Petronas as partner in the license.Block 53 lies directly east of Block 58, where TotalEnergies…
Vår Energi and license partner Kistos Energy Norway have reached the final investment decision (FID) for the Balder Phase VI project in the Balder area, off Norway.The fast-track development will be a key contributor to sustaining long term…
Subsea 7 has secured a contract by Shell for the Aphrodite gas project offshore Trinidad and Tobago.The project involves the transportation and installation of subsea equipment at the Aphrodite development, located within Block 5a, at water depths of up to 290 meters…
AIS Bardot, a supplier of subsea umbilicals, risers and flowlines, has secured a contract from Saipem for TotalEnergies’ Kamiho deepwater oil and gas project, off Angola.The contract is for the manufacture and supply of three complete hybrid riser lines of 100 meters each…
Namibia expects French oil major TotalEnergies to take a final investment decision (FID) on its Venus discovery in the African country in the fourth quarter of 2026, the country's petroleum commissioner said on Tuesday.Maggy Shino said at a…
BW Energy has made a final investment decision (FID) for the Maromba development offshore Brazil, which will feature an integrated drilling and wellhead platform (WHP) and a refurbished floating production, storage and offloading (FPSO) unit…
Pan American Energy and its partners Pampa Energia, Harbour Energy, YPF, and Golar LNG have taken the final investment decision (FID) for the Southern Energy floating liquefied natural gas (FLNG) export project in Argentina. The Southern Energy…
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