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TotalEnergies Eyes Long-Term LNG Supply from Alaska LNG Project

9 hours ago

TotalEnergies has signed a preliminary agreement with Glenfarne, lead developer of the Alaska LNG project, for the long-term offtake of 2 million tonnes per annum (Mtpa) of liquefied natural gas (LNG) over 20 years, subject to a final investment decision on the project.The proposed Alaska LNG project, located on the U.S. Pacific coast, is the only federally authorized LNG export terminal in the region and is planned to have a total capacity of 20 Mtpa…

US DOE Green Light Set to Make Corpus Christi Second Largest US LNG Scheme

8 hours ago

The U.S. Department of Energy (DOE) has approved a 12% expansion in exports at Cheniere Energy’s Corpus Christi liquefied natural gas (LNG) terminal in Texas, authorizing additional shipments to non-free trade agreement countries.U.S. Secretary…

Seatrium Delivers Next-Gen WTIV Newbuild to Maersk Offshore Wind

12 hours ago

Singapore-based Seatrium has delivered a next-generation wind turbine installation vessel (WTIV) to Maersk Offshore Wind, following the completion of sea trials and final readiness evaluations.The custom-engineered vessel is designed to install…

Eni Can Take Venezuelan Oil to Settle Gas Debts, CEO Says

12 hours ago

Venezuela can now pay for gas received from Eni with oil thanks to a recent easing of U.S. sanctions, unlocking a situation that had left the Latin American country with a large debt to the Italian firm, Eni's CEO said on Thursday.'That's really a big upside…

Venezuela Halts 19 Maduro-Era Oil and Gas Contracts Pending Review

12 hours ago

Venezuela's oil ministry has suspended 19 oil production-sharing contracts with private companies signed under the administration of President Nicolas Maduro, four sources with knowledge of the move told Reuters on Thursday.The suspension has had no impact on the country's oil and gas output so far…

Fugro Swings to Loss as Renewables Slowdown Hits

12 hours ago

Dutch geological data specialist Fugro on Friday reported a 21 million euro ($25 million) annual loss reflecting challenges in the offshore wind industry and said its finance chief would step down in April.The Amsterdam-listed firm's consolidated revenue came in at 1…

BOEM Advances Leasing Process for Offshore California

Feb 26, 2026

The U.S. Bureau of Ocean Energy Management has announced its intent to prepare a programmatic environmental impact statement for proposed oil and gas lease sales in the Northern, Central and Southern California Planning Areas of the Outer Continental Shelf…

SBM Offshore Beats Revenue Forecast

Feb 26, 2026

Dutch offshore oil services company SBM Offshore announced a 57% annual surge in shareholder returns to a record $470 million (397.8 million euros) on Thursday and said it will return at least $2.1 billion to investors over six years.The Amsterdam…

OceanTools Celebrates Recent Project Successes

Feb 25, 2026

OceanTools is celebrating two projects that highlight their engineering expertise and versatility. From designing subsea pressure housings for a well-known space technology company to creating solutions for the world’s deepest oceans, their…

Saipem Eyes Comeback in Venezuela as Sanctions Ease

Feb 25, 2026

Italian oil contractor Saipem is ready to resume activities in Venezuela for both offshore and onshore projects after the easing of U.S. sanctions, Chief Executive Alessandro Puliti said on Wednesday.'Things in Venezuela are changing very quickly…

QatarEnergy Selects Technip Energies JV for North Field West Expansion Work

Feb 25, 2026

QatarEnergy has awarded the engineering, procurement and construction (EPC) contract for the onshore liquefied natural gas (LNG) plant of its North Field West (NFW) project to a joint venture comprising Technip Energies, Consolidated Contractors Company (CCC) and Gulf Asia Contractor (GAC)…

Panoro Expands Equatorial Guinea Footprint with Kosmos Deal

Feb 25, 2026

Oslo-listed oil and gas company Panoro Energy has agreed to acquire an additional 40.375% non-operated interest in Block G offshore Equatorial Guinea from Kosmos Energy for an initial cash consideration of $180 million, and additional contingent payments of up to $39…

Velesto Lands Jack-Up Drilling Deal with Jadestone off Malaysia

Feb 25, 2026

Malaysia’s oil and gas services Velesto has secured a drilling contract worth approximately $16.5 million from Jadestone Energy for operations at the East Belumut field offshore Malaysia.The contract, awarded to Velesto’s wholly owned subsidiary Velesto Drilling…

Inpex Eyes Mid-Year Bids for $21B Indonesia LNG Project

Feb 25, 2026

Japanese oil and gas explorer Inpex said it aims to start the tender process for engineering for its Abadi gas project in Indonesia in the middle of this year, as Jakarta pledged to remove bureaucratic snags to help expedite the $21 billion development…

Talos Energy Highlights Momentum in 2025 Results Release

Feb 24, 2026

Talos Energy announced its operational and financial results for the three and 12 months ended December 31, 2025, with CEO Paul Goodfellow, saying: '2025 marked the start of our transformation – building the foundation for the future.'In June…

Current News

QatarEnergy Selects Technip Energies JV for North Field West Expansion Work

QatarEnergy Selects Technip Energies JV for North Field West Expansion Work

Velesto Lands Jack-Up Drilling Deal with Jadestone off Malaysia

Velesto Lands Jack-Up Drilling Deal with Jadestone off Malaysia

Inpex Eyes Mid-Year Bids for $21B Indonesia LNG Project

Inpex Eyes Mid-Year Bids for $21B Indonesia LNG Project

Eni Nears FID for Indonesia’s Offshore Gas Projects

Eni Nears FID for Indonesia’s Offshore Gas Projects

GLO Marine to Invest $7M in New Vessel Retrofit Hub in Romania

GLO Marine to Invest $7M in New Vessel Retrofit Hub in Romania

Seatrium Targets $40M Cost Savings in Continued Divestment Drive

Seatrium Targets $40M Cost Savings in Continued Divestment Drive

Inpex Secures Environmental Approval for Indonesia’s Abadi LNG Project

Inpex Secures Environmental Approval for Indonesia’s Abadi LNG Project

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