Shell has completed the sale of its 50% non-operated interest in the Na Kika platform and associated fields in the Gulf of America, along with its wholly-owned Coulomb tieback, receiving about $840 million in cash at closing.The assets were…
The 704 MW Revolution Wind offshore wind project has completed installation of all 65 turbines, with full energization expected by the end of 2026.The project, a 50-50 joint venture between Global Infrastructure Partners' Skyborn Renewables and Ørsted…
Apollo Global Management is exploring strategic options for Energos Infrastructure, in a deal that could value the floating liquefied natural gas infrastructure provider at more than $3 billion, people familiar with the matter said.The investment…
Borr Drilling has agreed to sell its 51% stake in two Mexican joint ventures to its local partner, while retaining ownership of three jack-up rigs working for Pemex and continuing to participate in their underlying contracts through bareboat charters…
MET Group and Shell have signed a new long-term agreement for the supply of U.S. LNG, expanding the European energy company's access to American gas for its customers across Europe.Under the agreement, Shell will supply MET International, MET Group's trading and wholesale arm…
Santos has agreed key commercial terms for a 10-year LNG supply deal with POSCO Steel and separately signed a non-binding agreement to buy about 1 million tonnes per annum of LNG from Canada's proposed Ksi Lisims project for up to 20 years.Under the proposed POSCO agreement…
Mexico’s state-run oil firm Pemex has begun repairing an offshore pipeline after a crude oil release about 46 nautical miles off Ciudad del Carmen, Campeche, with the pipeline isolated and no further oil being released.Personnel at the Cantarell…
Baker Hughes has received two orders from Venture Global to supply gas compression systems for the Cloud Connector Pipeline and liquefaction equipment for the expansion of the Plaquemines LNG facility in Louisiana.The Cloud Connector order covers…
From Canada to Argentina, oil producers across the Americas have enjoyed a windfall during the Iran war by capturing market share lost by Middle Eastern exporters. The renewed focus on energy security globally could transform this emergency response into a lasting structural change…
Sempra Energy's unit Port Arthur LNG has started the federal permitting process for a major expansion of its liquefied natural gas export operations in Southeast Texas, according to a regulatory filing made on Wednesday.The proposed Port Arthur…
The U.S. Interior Department is preparing to ease environmental review requirements for some oil and gas exploration activities in Alaska's National Petroleum Reserve as part of the Trump administration's push to speed energy development in the Arctic…
Dubai-based offshore vessel operator Astro Offshore has signed a strategic memorandum of understanding with Oceaneering International to jointly pursue and deliver offshore and subsea projects.The agreement combines Astro Offshore's offshore…
An Alaska federal judge on Monday threw out a lawsuit by environmental groups challenging President Donald Trump’s move to allow offshore drilling along broad swaths of previously protected coastline.U.S. District Judge Sharon L. Gleason found the lawsuit by groups…
ConocoPhillips has appointed Andy O'Brien as president and chief executive officer (CEO), succeeding Ryan Lance, who will retire from the role and assume the position of executive chair of the board in a transitional capacity.The company also…
KOIL Energy Solutions has entered into a strategic alliance with consultancy Pipeline Network to expand its presence, operational capabilities and customer support across the Eastern Hemisphere.The alliance combines KOIL Energy's subsea technology…
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