News
Velesto obtains PTTEP drilling contract with its NAGA 5 rig
The assignment of the NAGA 5 platform is part of the group's strategy to maximize the utilization of its fleet.
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Tower Resources expands financing to advance drilling in Cameroon
The financial extension will allow Tower Resources to move forward with contracting services and logistical preparations related to the NJOM-3 well.
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KR announces first boil-off gas recycling demonstration
This process converts the evaporated gas into usable city gas. During the construction of a container ship in South Korea, they succeeded in converting LNG vapors…
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Equinor announces oil discovery in Johan Castberg field
This new accumulation, estimated between 9 and 15 million barrels, is in addition to the base volume of the field, whose initial potential was estimated between…
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DOF secures two new offshore contracts with Petrobras in Brazilian waters
Brazil's Petrobras chooses DOF Group ASA to expand operations with two vessels in the market.
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UK court orders liquidation of 3 refineries of Prax Group
The court approves the judicial dissolution of three key companies of the Prax Group following the request of the Official Receiver.
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ADNOC Drilling secures $800 million contract for oilfield services
The deployment of advanced technologies, coupled with a strategy focused on sustainable performance, positions ADNOC Drilling as a key player in the future of efficient oil…
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Sumitomo starts construction of Shell’s Gato do Mato FPSO in Japan
This first steel cut activates the timeline to production and symbolizes the consortium's commitment to an infrastructure that will enhance deepwater energy production.
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Equinor expands production in the North Sea with Fram Sør
Fram Sør's CO₂ intensity will be only 0.5 kg per barrel, compared to 16 kg for the industrial average.
News
Glenfarne and PTT close alliance for LNG supply from Alaska to Asia
With this partnership, Glenfarne reserves 50% of the Alaska LNG project's available capacity for sale to third parties.
News
Coastal Bend LNG announces LNG export on the Texas Gulf Coast
The plant will integrate carbon capture and export low-emission LNG from the Texas coast.
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Vår Energi starts production at FPSO Jotun in Balder field
The Jotun FPSO will provide an additional 80,000 barrels of oil equivalent per day at an operating cost of only US$5 per barrel.