Glenfarne Group’s Texas LNG project has signed a binding 20-year sales and purchase agreement with Macquarie Energy for 0.5 million tonnes per annum (MTPA) of liquefied natural gas (LNG).The agreement converts a previously non-binding heads of agreement into a definitive contract as the Brownsville…
The Borkum Riffgrund 3 offshore wind farm, jointly owned by Ørsted and Nuveen Infrastructure, has started delivering power to the German grid.The 913 MW offshore wind farm delivered its first power to the grid on December 3, 2025.The renewable electricity from Borkum Riffgrund 3 will…
Oil majors operating in Brazil have closed ranks to oppose a proposed merger between energy contractors Subsea7 and Saipem, and antitrust agency Cade has asked the two firms to provide its probe with new data on Friday, public documents seen by Reuters show…
Floating wind technology developer Principle Power has appointed João Amaral as its new Chief Executive Officer (CEO), succeeding Julian Arrilaga Costa, who will remain in an advisory role until yea-end to ensure a smooth transition.Amaral joins…
Harbour Energy, a North Sea-focused producer, said on Monday it expected to cut 100 offshore jobs as part of an organisational review of its UK business.Lower commodity prices and an uncompetitive tax regime have pressured the UK oil and gas sector…
DNV Inspection has appointed two new specialists to support its expanding offshore wind and low-carbon energy business as global demand rises for assurance and inspection services across renewables, the company said on Thursday.Iván Jaramillo…
Subsea7 has secured a sizeable contract by Ithaca Energy, for the provision of off-station decommissioning services for the Alba floating storage unit (FPU) and Greater Stella field FPF-1 production facility, off United Kingdom.The decommissioning scope includes the flushing of the subsea pipelines…
Shell is ready to invest more in Italy to boost hydrocarbon production, the head of the energy group's Italian unit said on Wednesday, urging the government to allow new drilling.Shell currently spends some 500 million euros ($578 million) a year in Italy…
Britain will allow some new oil and gas production on or near existing fields, the government said on Wednesday, easing its stance on new licences while dashing oil and gas producers' hopes for an early end to windfall taxes on their sector…
Decommissioning activity on the UK Continental Shelf (UKCS) continues to grow as operators expand campaign-based approaches and rely on advanced planning and supply chain collaboration to manage rising costs and workloads, according to the latest report from Offshore Energies UK (OEUK)…
Energy and marine consultancy ABL has secured a global agreement with Woodside Energy to support the operator’s offshore energy construction and operations worldwide, including in Australia and the US.As part of a Global Client Relationship Agreement (GCRA)…
Thousands of U.K. jobs and billions in future tax revenue are at risk unless the government reforms the Energy Profits Levy (EPL), industry group Offshore Energies UK (OEUK) said ahead of the Autumn Statement.OEUK said statistical modelling…
Saudi Arabian oil and gas drilling contractor ADES International Holding has completed the acquisition of rival rig firm Shelf Drilling.The merger, concluded on November 2025, has created a global offshore drilling powerhouse, with the combined…
Seatrium has secured a contract from BP for the engineering, procurement, construction and onshore commissioning of the Tiber floating production unit (FPU) in the Gulf of America.The Tiber FPU marks Seatrium’s second consecutive deepwater project for BP…
U.S.-based Venture Global and Japan’s Tokyo Gas have signed a new long-term liquefied natural gas (LNG) sales and purchase agreement (SPA).Under the SPA, Tokyo Gas will procure 1 million tonnes per annum (MTPA) of LNG from Venture Global for 20 years…
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