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Eni Advances Angola Gas Project, Secures $9B Credit Facility

Mar 17, 2026

Eni has marked a pair of strategic milestones, advancing its gas position offshore Angola while reinforcing its financial flexibility through a new multi-billion-dollar credit facility.In Angola, the company announced first gas from the Quiluma field…

Tampnet Connectivity for First CO₂ Injection Platform Offshore Netherlands

Mar 17, 2026

Tampnet won a contract with Porthos CO2 Transport and Storage C.V. to deliver communications infrastructure for what will be the first CO₂ injection platform on the Dutch Continental Shelf.The project centers on Platform P18-A, a former gas…

Seadrill Awarded Contract Extension in Angola

Mar 16, 2026

Seadrill has announced that Sonadrill Holding, its 50:50 joint venture with an affiliate of Sonangol E.P., has been awarded a contract extension.A seven-well priced option for the ultra-deepwater drillship Sonangol Quenguela has been exercised…

Petrobras to Purchase Petronas' Stakes in Two Offshore Fields

Mar 16, 2026

Brazilian state-run firm Petrobras said on Monday it had decided to exercise its right to purchase Malaysian company Petronas' 50% stake in two offshore fields in Brazil for $450 million, according to a securities filing.Following the deal,…

US Panel Could Scrap Endangered Species Protections for Gulf of America

Mar 16, 2026

The Trump administration is weighing a broad exemption from protections for endangered species for oil and gas drillers operating in the Gulf of America.The move is aligned with President Donald Trump's goals to unwind what he says are burdensome…

Sable Offshore Restarts Santa Ynez Pipeline After Trump Emergency Order

Mar 16, 2026

Sable Offshore on Monday said it had begun pumping oil on a long-disputed pipeline system linking the Santa Ynez offshore platform to California refineries after emergency orders from the Trump administration directing the restart.The restart…

Ukraine Looks to Partner With Romania to Develop Black Sea Gas Discovery

Mar 16, 2026

Ukraine's Naftogaz, which discovered 'substantial' offshore gas reserves in the Black Sea before Russia's invasion, is in talks with Romania's OMV Petrom to form a partnership relating to the field, three industry sources told Reuters.The sources…

TVO Customizes Tethered BOP Technology

Mar 16, 2026

Trendsetter Vulcan Offshore (TVO) completed a unique tethered blowout preventer (TBOP) installation in the Gulf of America (GoA) to reduce wellhead fatigue in soft seabed conditions.TVO’s proprietary technology was essential in enabling the…

Equinor’s Investigation Following Mongstad Fatal Accident is Complete

Mar 16, 2026

Equinor has completed its internal investigation into the workplace accident at Mongstad on 17 September 2025, in which a worker lost his life. The purpose has been to ensure learning and to identify measures that can strengthen safety in crane and lifting operations across the company…

Eni: New Gas Discoveries in Libya

Mar 16, 2026

Eni has made two new gas discoveries in Libya as a result of an exploration campaign initiated in the past months.Two adjacent geological structures, Bahr Essalam South 2 (BESS 2) and Bahr Essalam South 3 (BESS 3), were successfully drilled by the B2-16/4 and C1-16/4 wells…

Kent Awarded FEED Contract for Prinos Carbon Storage Project

Mar 16, 2026

Kent has been selected by EnEarth, to perform the front end engineering design (FEED) for the Prinos CO₂ Storage Project in Northern Greece.Kent will develop the FEED design for the new CO₂ handling and storage facility, which will receive, store…

Additional LNG Exports from Plaquemines LNG Approved

Mar 15, 2026

U.S. Secretary of Energy Chris Wright has authorized an immediate 13% increase in exports at Venture Global’s Plaquemines LNG Terminal in Louisiana.The authorization allows additional exports of up to 0.45 billion cubic feet per day (Bcf/d) of U…

BP Wins US Approval for Kaskida Project

Mar 15, 2026

British energy major BP has received approval from the Trump administration to advance its Kaskida project in the Gulf of Mexico, a company spokesperson told Reuters in an emailed statement late on Friday.The $5 billion investment would unlock…

Revolution Wind Now Delivering Power to New England

Mar 15, 2026

Revolution Wind, a 50/50 joint venture between Global Infrastructure Partners’ Skyborn Renewables and Ørsted, started delivering power to New England's electric grid on March 14.Revolution Wind, a 704MW offshore wind energy project, is expected to supply enough electricity to power more than 350…

EU Doesn’t See Risks to Oil and Gas Supply Yet

Mar 15, 2026

In separate ad hoc meetings of the Gas Coordination Group and the Oil Coordination Group held on March 12, the Commission and EU countries assessed the situation concerning the EU’s gas and oil security of supply in view of the continued disruptions in the Middle East…

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