An auction of deepwater oil and gas exploration and production blocks in Trinidad and Tobago has failed to attract significant interest from foreign investors, with bids submitted for just four of the 26 areas on offer.The bidding round closed on Wednesday with bids from China's CNOOC for three areas and a consortium of smaller energy firms for another block, Trinidad's Ministry of Energy said.With several auctions in Latin America this year and a limited number of deepwater energy players…
The Panama Canal Authority (ACP) has launched the concessionaire selection process for a natural gas pipeline project, holding its first market engagement event with more than 45 representatives from global energy companies.The 76-kilometre pipeline…
Hanwha Ocean, one of the leading shipbuilders in South Korea, has awarded ABB the contract to supply a complete electric power and propulsion system for Singapore’s first floating liquefied natural gas (LNG) terminal.ABB ’s integrated electrical…
Australian oil and gas firm Woodside Energy has marked rapid progress on its $17.5 billion Louisiana LNG project, with construction on the first of three liquefaction trains already more than 22% complete since the final investment decision in April…
Portugal’s Galp, Brazil’s Petrobras, U.K.’s Shell and Agência Nacional do Petroléo de São Tomé e Principé (ANP-STP) have formed a joint venture focused on early-stage exploration block offshore the African country.Galp has reached a farm-in agreement with KE STP Company…
Oilfield services provider Petrofac has secured a contract extension from ONEgas West, a Shell UK-operated venture, for asset support services in the U.K.’s Southern North Sea.The contract scope provides services across ONEgas West’s Southern North Sea portfolio…
BP's recent discovery of a giant oilfield offshore Brazil has reignited investor enthusiasm, echoing the aggressive exploration era two decades ago when companies were thirsty for resources amid fears the world was running out of oil.The announcement of the Bumerangue discovery…
Australia gave final approval on Friday for Woodside to operate the country's oldest and second-largest liquefied natural gas plant until 2070, while imposing 48 'strict' new rules in a bid to limit its environmental impact.The decision to extend…
Subsea software-as-a-service provider Elementz Digital has announced a new accelerator program for subsea AI development.The program is backed by Elementz Digital’s strategic advisory board which was formed in May this year and includes representatives…
Norwegian offshore supply vessel owner DOF Group has secured a contract award for moorings hook-up services in the Asia Pacific (APAC) region.The contract will use construction support vessel (CSV) Skandi Hercules with related mooring and subsea installation services…
Offshore contractor Allseas has signed a construction contract with Guangzhou Shipyard International (GSI) in China for a purpose-built semi-submersible heavy transport vessel (HTV), marking a major expansion of its fleet capabilities.The vessel…
JERA Co. has signed a Letter of Intent (LOI) with Glenfarne to advance discussions about liquefied natural gas (LNG) offtake from the Alaska LNG Project.In June, JERA announced approximately 5.5 MTPA of LNG offtake from the U.S. Gulf Coast which allows flexible access to the global LNG market…
Eco Wave Power launched its first U.S. wave energy project at the Port of Los Angeles, developed in collaboration with AltaSea and Shell Marine Renewable Energy (MRE).This project marks the first onshore wave energy installation in the U.S.…
Woodside Energy has signed a sale and purchase agreement (SPA) with Petronas for the supply of 1 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) to Malaysia from 2028 for a period of 15 years.The milestone marks the successful…
TotalEnergies and KOGAS, South Korea’s national natural gas company, have signed a Heads of Agreement (HoA) for the annual delivery in South Korea of 1 million tons (Mt) of LNG per year over a 10-year period starting from the end of 2027.Awarded…
Subscribe
