LogIn LogOut

Europe News

 

Turkey Discovers New Black Sea Gas Reserve

May 19, 2025

Turkey has discovered a new reserve of 75 billion cubic metres (bcm) of natural gas during drilling works in the Black Sea, President Tayyip Erdogan said on Saturday.'With this discovery, we will meet the natural gas needs of homes in Turkey for 3.5 years,' Erdogan said during an event in Istanbul.The discovery, with an economic value of around $30 billion, was found in the Goktepe-3 well at a depth of 3…

EnQuest Bags Two Production Sharing Contracts off Indonesia

Apr 23, 2025

U.K.-based oil firm EnQuest, and its joint venture partners, have been confirmed as the winning bidders for two Production Sharing Contract (PSC) blocks in Indonesia’s Papua Barat, including Gaea and Gaea II.The blocks present a multi-Tscf unrisked…

Borr Drilling Bags Three New Assignments for its Jack-Up Drilling Rigs

Apr 08, 2025

Offshore drilling contractor Borr Drilling has secured new contract commitments for three of its premium jack-up rigs, with other rigs in its fleet also preparing for drilling jobs across the world.Borr Drilling secured new contract awards for the rigs Thor…

VARD Snags $125M Shipbuilding Deal for Subsea Construction Vessel

Apr 03, 2025

VARD signed a contract with Taiwan's Dong Fang Offshore for the design and construction of one Offshore Subsea Construction Vessel, with option(s). The vessel is of VARD 3 39 design, and the value of the contract is $125 million. This is the third vessel VARD is building for DFO…

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Mar 28, 2025

The following article is an op-ed piece authored by Askhat Khassenov, Chairman of KazMunayGas (KMG), Kazakhstan’s national oil and gas company, who discusses how KMG is positioning itself as a strategic global energy player by forming key international partnerships…

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

Feb 25, 2025

Global demand for liquefied natural gas is estimated to rise by around 60% by 2040, driven largely by economic growth in Asia, AI impact and efforts to cut emissions in heavy industries and transportation, Shell said in an annual report on Tuesday…

Six New Gas Wells in Line for BP’s Shah Deniz Field in Caspian Sea

Feb 11, 2025

BP plans to add six new wells to its operation in Azerbaijan's Shah Deniz gas field in the Caspian Sea to ensure stable production in the years ahead, a senior manager at the international energy major told Reuters.BP currently operates 21 gas wells in Shah Deniz…

European LNG Imports Up with Asian Influx

Jan 28, 2025

The world's imports of liquefied natural gas are set to jump to the highest in a year in January as Europe's winter demand draws cargoes away from top-consuming region Asia.A total of 38.12 million metric tons of the super-chilled fuel is on track to be imported in January…

EnQuest to Acquire Harbour Energy's Vietnamese Assets

Jan 22, 2025

British energy group EnQuest is to acquire Harbour Energy's business in Vietnam, it said on Wednesday, as the North Sea-focused company moves to expand further outside its home market in response to higher UK taxes.The deal is valued at $84 million including debt…

Saipem’s Castorone Vessel on Its Way to Türkiye’s Largest Gas Field

Dec 30, 2024

Saipem’s pipelay vessel Castorone has crossed the Bosphorus Strait in Türkiye, continuing its journey toward the Black Sea for a pipeline installation job as part of the second phase of the Sakarya project for Turkish Petroleum - Offshore Technology Center (TP – OTC)…

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Nov 19, 2024

TotalEnergies and Oil India Limited (OIL) have signed a cooperation agreement to carry out methane emissions detection and measurement campaigns using TotalEnergies’ AUSEA technology at OIL sites in India.Mounted on a drone, the AUSEA gas analyzer…

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Nov 15, 2024

Seatrium has delivered its fifth newbuild jack-up rig Var to Borr Drilling, nearly one year ahead of schedule.The successful delivery of Var marks the completion of the latest series of five B Class jack-up rigs that Seatrium has built for Borr Drilling…

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Nov 13, 2024

Ocean energy company Global OTEC unveiled the OTEC Power Module concept, a system that employs ocean thermal energy conversion (OTEC) technology to provide clean power for remote offshore platforms and wells.Designed as an alternative to traditional long subsea tiebacks…

TotalEnergies Inks 15-Year LNG Supply Deal with China’s Sinopec

Nov 04, 2024

TotalEnergies has signed a sales agreement with China’s Sinopec for the delivery of 2 million tonnes of liquefied natural gas (LNG) per year for 15 years, starting in 2028.With the major agreement with one of the leading LNG players in the country…

Eni Strengthens LNG Ties with Japan

Oct 07, 2024

Eni and the government agency Japan Organization for Metals and Energy Security (JOGMEC) have signed a memorandum of cooperation with the aim of collaborating in the gas and LNG field to increase diversification of supply sources.The memorandum…

Current News

Three Dead in Chevron's Angolan Oil Patform Fire

Three Dead in Chevron's Angolan Oil Patform Fire

BW Opal FPSO Vessel set for Work off Australia

BW Opal FPSO Vessel set for Work off Australia

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

Fire Contained at Vietnamese Oil Platform Undergoing Decommissioning (Video)

Fire Contained at Vietnamese Oil Platform Undergoing Decommissioning (Video)

Velesto’s Jack-Up Rig Set for Drilling Job off Indonesia

Velesto’s Jack-Up Rig Set for Drilling Job off Indonesia

Petronas, Inpex Secure Oil and Gas Exploration Rights off Indonesia

Petronas, Inpex Secure Oil and Gas Exploration Rights off Indonesia

Mubadala Energy Open to Sell Andaman Gas for Domestic Use

Mubadala Energy Open to Sell Andaman Gas for Domestic Use

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Shares of Brazilian steel companies fall after the government renews tariff system
Sources say that Putin's peace demands include a stop to NATO expansion.
BTG sells Eletronuclear stake to Brazil utility Eletrobras
https://accounts.newwavemedia.com