French tubular solutions supplier Vallourec has secured a large contract to supply Oil Country Tubular Goods (OCTG) for drilling operations in Qatar, valued at over $50 million in potential revenue.The agreement includes the supply of carbon steel OCTG products with premium connections…
DNV has published a report forecasting that carbon capture and storage (CCS) capacity is expected to quadruple by 2030, with sharp increase project pipeline capacity indicating that CCS is at a turning point.The immediate rise in capacity is…
OEG has secured a three-year contract with an international oil major to supply logistics equipment for its operations in North America. The agreement includes optional extensions for up to five years, OEG said.OEG will provide its cargo carrying units (CCUs)…
Australia is losing its competitive edge in attracting investment in natural gas exploration and production, threatening the nation’s energy security, economic growth and emissions reduction targets, a new report by Wood Mackenzie has found…
The North Sea Transition Authority (NSTA) and Crown Estate Scotland (CES) have signed a Statement of Intent (SoI) which commits both organizations to work together to realize the energy and carbon storage potential of the North Sea.The SoI,…
Australia’s oil and gas industry congratulates Prime Minister Anthony Albanese on Federal Labor’s re-election on Saturday and looks forward to continuing to work with the Government on necessary reforms for Australia’s long-term energy security and economic growth…
China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has brought on stream the first phase of Bozhong 26-6 oil field development project in Bohai Bay, which also features carbon capture, utilization and storage (CCUS) capabilities…
From June 18-20, 2025, the Japan Energy Summit & Exhibition will return to Tokyo Big Sight, convening global energy leaders, influential policymakers, and industry executives to advance Japan’s energy transition, investment landscape, and strategic role in the global energy system…
Aker Solutions has been secured a multi-million-dollar contract for the Northern Lights Phase 2 project by Equinor as technical service provider on behalf of the Northern Lights joint venture.The contract award, valued between $142 million and $237 million…
Danish Energy Agency has reported that 16 companies have placed their bid for share of the country’s new carbon capture and storage (CCS)-dedicated fund, which amounts to $4.1 billion.A maximum of 10 companies can participate in the bidding…
Asset manager Apollo has agreed to acquire a majority stake in offshore energy solutions business OEG Energy Group as part of the transaction worth over $1 billion.Apollo, through its funds managed by its affiliates, will take the majority share…
Alcatel Submarine Networks (ASN) has received a notice to proceed from Northern Endurance Partnership (NEP), a joint venture between BP, Equinor and TotalEnergies, for the previously announced contract to supply and install a standalone DC/FO submarine cable infrastructure at Teesside (UK)…
Fugro has started conducting comprehensive ground investigation for a CO2 highway, off the coast of Belgium, part of a 1,000-kilometer-long planned pipeline by Equinor to transport CO2 between mainland Europe and Norway.Under the contract, Fugro…
Energy company Saipem’s performance in 2024 confirms, for the third consecutive year, a trajectory of growth and margin recovery for the group, as well as an acceleration in cash flow generation and the strengthening of the company’s balance sheet…
Italian offshore energy services firm Saipem, in consortium with PT Meindo Elang Indah, has secured engineering, procurement, construction and installation (EPCI) contract from BP for its integrated gas recovery and carbon capture, utilization and storage (CCUS) project in Indonesia…
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