Norway's Hammerfest LNG export terminal on Monday postponed the start of a planned annual maintenance outage until June 13, a spokesperson for operator Equinor said.Europe's largest export terminal for liquefied natural gas has a daily processing capacity of 18…
Top BP investors and former executives said they remained in the dark about the precise circumstances that led to the departure of former chair Albert Manifold, the Financial Times reported on Tuesday.BP did not immediately respond to Reuters' request for a comment outside regular business hours…
Oil prices fell on Tuesday, erasing most of the previous session's gains, after Iran and Israel said they had halted attacks on each other following an appeal from U.S. President Donald Trump, though both sides warned they could resume hostilities…
OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract by BP to provide a subsea boosting system for the Thunder Horse project, a development in the deepwater portion of Gulf of America.As part of the engineering…
IKM Ocean Design has been awarded a front-end engineering and design (FEED) contract by Equinor for the Atlantis pipeline system, advancing plans for development of the Atlantis gas and condensate discovery in the Norwegian North Sea.Atlantis…
Workers will escalate the strike at Inpex's Ichthys LNG facilities in Australia that started last week over a wage dispute, after talks failed to progress with the Japanese operator, the Offshore Alliance union said on Monday.Ichthys accounts for about 10% of LNG supply from Australia…
Aker BP has increased its ownership interest in the Johan Sverdrup oil field, following the completion of a redetermination process conducted under the field's unit agreement.Aker BP's ownership interest in the Johan Sverdrup Unit will rise to 31…
Technip Energies, in partnership with JGC and Samsung Heavy Industries, has been awarded an engineering, procurement, construction, installation and commissioning (EPCIC) contract by Mozambique Rovuma Venture (MRV) for the Coral North floating…
Oil prices jumped more than $4 on Monday, with investors spooked by fresh Israeli strikes on Iran as well as renewed attacks on Lebanon a day earlier.Brent crude futures LCOc1 rose $4.42 or 4.47% to $97.15 a barrel as of 0609 GMT, while U.S…
Eni and Petronas have officially established Searah, a new 50/50 joint venture combining selected businesses across Indonesia and Malaysia, creating what has been described as Southeast Asia's largest independent integrated energy company.The…
Norway's Hammerfest LNG export terminal halted production on Monday for three days of planned annual maintenance, a spokesperson for operator Equinor said.Europe's largest export terminal for liquefied natural gas (LNG) has a daily processing capacity of 18…
Eni has signed a petroleum exploration development and production license agreement with the government of The Gambia for the offshore Block A1.Block A1 covers an area of approximately 1,300 square kilometres in water depths ranging from 1,250 metres to 3…
Sempra Infrastructure has started liquefied natural gas (LNG) production at the ECA LNG Phase 1 project in Ensenada, Mexico, being developed as a joint venture with TotalEnergies.The production of LNG was achieved as part of the commissioning process ahead of commercial operations…
Oil prices edged down after Oman said operations at Mina al Fahal port were proceeding normally, following a Reuters report that oil loadings had been suspended after an explosion.Brent crude futures LCOc1 fell 24 cents, or 0.25%, to $94.79 a barrel by 0704 GMT after settling down 2…
Petronas, through Malaysia Petroleum Management (MPM), has signed a memorandum of understanding with regional exploration and production operators and Universiti Teknologi Petronas (UTP) to jointly evaluate opportunities for improved and enhanced oil recovery in offshore acreages…
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