Aramco, one of the world’s leading integrated energy and chemicals companies, and NextDecade Corporation have executed a non-binding Heads of Agreement (HoA) for a 20-year liquefied natural gas sale and purchase agreement (LNG SPA) for offtake…
An Exxon Mobil-led oil consortium will need to decide by October whether it will go ahead and develop a large natural gas find off the coast of Guyana, the country's vice president said on Thursday.The government has been pressing for a bonanza…
TotalEnergies, along with its partners Petronas and Sonangol, has made a Final Investment Decision (FID) for the Kaminho project to develop the Cameia and Golfinho fields offshore Angola.Located 100 km off the coast of Angola in 1,700 m water-depth…
Ørsted and Cadeler have signed a firm long-term lease agreement for a newbuilt wind farm installation vessel, designed to transport up to six XXL monopile foundations and five turbines of over 20 MW per round trip.With the agreement, Ørsted…
BP is close to an agreement to sell some of its Trinidad and Tobago oil and gas assets to Anglo-French oil company Perenco, according to three people familiar with the talks.BP is Trinidad and Tobago's largest natural gas producer with an output of just over 1…
Cedar LNG has issued a notice to proceed with the engineering, procurement, and construction (EPC) of floating LNG production unit to Samsung Heavy Industries (SHI) and Black & Veatch, following the signing of a 20-year offtake agreement with ARC Resources…
Baker Hughes has secured a contract from Black & Veatch to supply a Cedar LNG project in Canada’s British Columbia with electric driven liquefaction technologies.Baker Hughes will supply a range of turbomachinery equipment, including four electric-driven main refrigeration compressors…
Chevron has chartered its first hybrid electric bunker tanker from V-Bunkers that will be used to provide fuel to maritime customers in Singapore region.The bunker tanker is expected to consume approximately 20% less fuel compared to a conventional tanker as it goes about its operations…
Oil and gas company Enauta has signed a purchase and sale agreement with affiliates of Westlawn Americas Offshore (WAO), which will acquire 20% participating interest in the BS-4 concession, which includes the Atlanta and Oliva fields, offshore Brazil…
AG&P LNG, majority-owned by Nebula Energy, has through its subsidiary PT AGP Indonesia Utama and partners secured a 20-year contract from PLN Energi Primer Indonesia (PLN EPI) for co-development, ownership and operations of LNG import terminals in Sulawesi-Maluku Power Cluster…
Shell weakened its 2030 carbon reduction target and scrapped a 2035 objective, citing expectations for lower power sales and strong demand for gas in the energy transition even as it affirmed a plan to cut emissions to net zero by 2050.The changes…
Oil and gas company Perenco has started gas production from its C06 well, a near-field discovery within the Ravenspurn South area of the Southern North Sea.During the fourth quarter of 2023, the deviated well 42/30-C06 was drilled and completed with the Valaris-247 rig in 48-meter water depth…
BP said on Friday its overall carbon emissions climbed in 2023 for the first time since 2019 as the company started up new oil and gas projects and increased its production levels.BP's so-called Scope 3 emissions, caused by the burning of the oil and gas produced by the company…
Classification society ABS reports it has issued approval in principle (AIP) to Chinese shipbuilder Yantai CIMC Raffles Offshore Ltd. for its design of a dual-fuel methanol, heavy-duty, offshore wind turbine installation vessel (WTIV).The WTIV…
TotalEnergies and Eni, the equal partners in Block 6 offshore Cyprus, have completed the drilling and production test of the Cronos-2 appraisal well, confirming excellent deliverability and well production capacity in excess of 150 mmscfd.The…
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