Gas News


Romania's Transgaz to Build $529M Pipeline for Black Sea Gas

Mar 16, 2023

Romania's gas pipeline operator will build a new pipeline worth an estimated 500 million euros ($529.30 million) meant to bring offshore Black Sea gas to the national grid once the two gas producers make a final investment decision, Prime Minister Nicolae Ciuca said on Thursday.Romanian oil and gas group OMV Petrom, majority controlled by Austria's OMV and state-owned Romgaz are expected to make a final decision to invest in a long-awaited offshore project by mid-2023…

With Reserves of its Own, Colombia Does Not Need Venezuela's Gas -Ecopetrol

Mar 13, 2023

Colombia can go without Venezuelan natural gas because of promising offshore developments of its own, Felipe Bayon, chief executive of state-controlled oil company Ecopetrol, told Reuters.Companies have proposed reactivating a dormant gas pipeline…

Trinidad in Substantive Talks with Venezuela on Offshore Gas Project

Mar 10, 2023

Trinidad and Tobago has held substantive talks with Venezuela on developing the promising Dragon offshore gas field following a U.S. authorization to begin the long-stalled project, Energy Minister Stuart Young told Reuters on Thursday. Young…

Chariot Makes Progress with Anchois Gas Project Offshore Morocco as FEED Complete

Mar 08, 2023

Africa-focused oil and gas company Chariot said Wednesday it had completed the Front-End Engineering and Design ('FEED') on the key components of its flagship Anchois gas development project ('Anchois'), offshore Morocco. The Anchois gas field is located within the Lixus Offshore license area…

Europe Gas Supplies to Stay Tight Two More Winters, Equinor CEO Says

Mar 08, 2023

Europe will struggle over the next two winters to replace Russian natural gas supplies as China's appetite for the fuel recovers, the chief executive of Norwegian energy giant Equinor told Reuters on Tuesday.Equinor became Europe's top natural…

Oil-rich Guyana Looks to Develop Untapped Natural Gas Reserves

Mar 06, 2023

Guyana, the South American country that is home to the world's largest oil discoveries in a decade, next wants to develop its mostly untapped natural gas reserves, Vice President Bharrat Jagdeo said on Sunday.The nation aimed to diversify its…

BP to Use Gravity-based Structure for Phase 2 of Greater Tortue Ahmeyim Development

Feb 27, 2023

Oil and gas major BP on Monday confirmed the development concept for the second phase of the BP-operated Greater Tortue Ahmeyim (GTA) liquefied natural gas (LNG) project, that it will, together with its partners in the project offshore Mauritania/Senegal…

Trinidad to Start Talks for Gas Deal with Venezuela in March

Feb 24, 2023

Trinidad and Tobago next month expects to formally begin negotiations with Venezuela on a promising offshore natural gas project, the Caribbean nation's energy minister said on Thursday.A deal would help revive the nation's gas production, which…

Gastrade Sees Decision On Second LNG Terminal This Year

Feb 23, 2023

Greece’s Gastrade said on Thursday it expects to take a final investment decision on developing a second gas floating storage and regasification unit (FSRU) off the country’s northern port of Alexandroupolis by the end of the year.With Europe…

Romania: Carlyle-backed Black Sea Oil & Gas Says Taxes Hinder Higher Gas Output

Feb 21, 2023

Black Sea Oil & Gas (BSOG), controlled by private equity firm Carlyle Group is prevented from increasing gas production at its offshore project due to higher taxes and regulation, its chief executive said on Tuesday. BSOG launched Romania's…

Russia Urges Sweden to Share Nord Stream Investigation Findings

Feb 21, 2023

Russia renewed its calls on Sweden late on Monday to share its findings from the ongoing investigation into the explosions that damaged the Nord Stream gas pipelines last year. The U.N. Security Council will meet on Tuesday to discuss 'sabotage'…

Longboat Energy Set to Tap into Malaysia's Offshore Gas Potential with Block 2A PSC

Feb 15, 2023

Longboat Energy, an oil and gas company so far mostly focused on offshore oil and gas operations offshore Norway, is expanding internationally with the recent award of an offshore exploration block in Malaysia.Longboat said Wednesday it had won a Production Sharing Contract (“PSC”) for Block 2A…

Egypt's Gas Production Steady, Offshore Drilling Expansion Planned

Feb 14, 2023

Egypt's gas production is set to remain stable in the current year at 6.4 billion cubic feet (bcf) per day, but the country has ambitious offshore exploration plans, the head of state-run operator EGAS said on Tuesday.'For 2024 and 2025, we have a very good…

Woodside, Partners to Pick Plan for Timor Sea Sunrise Gas Project Soon

Feb 06, 2023

Woodside Energy Group and its partners on Monday formally committed to working rapidly to pick the best option for developing the Greater Sunrise natural gas field, factoring in for the first time the potential benefits for East Timor. The Sunrise Joint Venture…

Santos Faces New Delay on Barossa Gas Pipeline Due to Heritage Assessment

Jan 24, 2023

Santos Ltd faces a new delay in developing the Barossa gas project off northern Australia after a regulator ordered it to evaluate environmental risks to underwater indigenous cultural heritage before starting pipeline construction.The Jan. 13 notice…

Current News

Crowley Hires Coplen as Wind Services VP

Crowley Hires Coplen as Wind Services VP

WuHu Shipyard Starts Building Orca Series Heavy Lift Vessel for Jumbo and SAL

WuHu Shipyard Starts Building Orca Series Heavy Lift Vessel for Jumbo and SAL

Floating Wind Specialist BW Ideol Secures Investment from ADEME Investissement

Floating Wind Specialist BW Ideol Secures Investment from ADEME Investissement

Ecuador to Revise Down Output Goal by 8% After Force Majeure

Ecuador to Revise Down Output Goal by 8% After Force Majeure

Subscribe for OE Digital E‑News

Offshore Engineer Magazine