Eni has signed a long-term LNG sales agreement with Thailand’s Gulf Development Company, expanding its presence in Asian gas markets and advancing its plan to build a diversified global liquefied natural gas (LNG) portfolio.Under the 10-year contract…
The topside and jacket structure for the Jasmund offshore substation (OSS) have embarked on the journey to Baltic Sea for installation, following the completion of construction by the HSI consortium, formed by HSM Offshore Energy, Smulders and Iv…
Equinor and its partner Aker BP have discovered hydrocarbons in wildcat wells drilled in the North Sea.The gas/condensate discovery was made in the Lofn and Langemann prospects, part of 1140 production license, operated by Equinor with 60% working interest…
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…
Petrobras and Shell have increased their participation in Brazil’s Atapu and Mero pre-salt reservoirs after securing additional equity in an auction held by Pré-Sal Petróleo (PPSA).The consortium formed by Petrobras (80%), in partnership with Shell Brasil Petróleo (20%)…
The Australian unit of U.S. oil giant Chevron said on Friday that the partners of the Gorgon Joint Venture have approved the A$3 billion ($1.98 billion) Gorgon Stage 3 development off Western Australia's northwest coast.The development will…
An overwhelming 99% of Offshore Alliance members have voted to strike at Woodside Energy's Pluto LNG 2 facility, according to results released on the organisation's Facebook page on Thursday.Around 400 members of the Electrical Trades Union…
Equinor has started production from the Verdande subsea field in the Norwegian Sea, a development that is expected to keep the Norne floating production, storage and offloading (FPSO) producing beyond 2030.The field, which holds an estimated 36 million barrels of oil…
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…
Vår Energi has confirmed an oil discovery in the Goliat North exploration well, located close to its operated Goliat field in the Barents Sea. The exploration well located five kilometers north of the Goliat field encountered hydrocarbons in the Realgrunnen and Kobbe formations…
Great British Energy, a state-owned energy company, unveiled a five-year strategic plan on Thursday aimed at accelerating the country’s transition to renewable power to help meet its climate targets.Britain is seeking to largely decarbonize its power sector by 2030…
Ocean data acquisition specialist XOCEAN has secured five-year contract to deliver bathymetric survey services across six Dutch offshore wind farms.The agreements were coordinated by Eneco on behalf of the participating wind farms – Borssele 3&4 (Blauwwind)…
Finder Energy has agreed to acquire the Petrojarl I floating production, storage and offloading (FPSO) vessel from Amplus Energy for $15 million in cash and shares, in a move the company said will accelerate development of its Kuda Tasi and Jahal (KTJ) oil fields project…
Chevron said on Wednesday that capital expenditure for 2026 will be between $18 billion and $19 billion as the oil major focuses on production in the U.S. and investments connected to a recently-acquired oil stake in Guyana.The range is at the…
LSP Renewables has secured a contract with CIP to supply client representatives and marine coordinators for the Fengmiao 1 offshore wind farm.The 495 MW project, off the coast of Taichung, will feature 33 Vestas V236 15.0 MW turbines and will…
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