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Oil & Gas

QatarEnergy acquires 40% interest in exploration block offshore Egypt

​QatarEnergy entered into an agreement with ExxonMobil to acquire a working interest in an exploration block offshore Egypt.

Shell adds deep-water production in the Gulf of Mexico with PowerNap

PowerNap consists of three production wells produced through a single insulated 19-mile flowline and high-pressure gas lift capability.

EXMAR and GASUNIE join forces in securing energy supply

GASUNIE will use the FSRU S188 as floating LNG import terminal at Eemshaven in Groningen, the Netherlands

Biden bans US imports of Russian oil and gas

The United States is banning all imports of oil and gas from Russia, US President Joe Biden has announced, in a move that aims to pressure Russian President Vladimir Putin to end the war in Ukraine.

Goldboro LNG project could be revived as floating barge

The company that abandoned plans for a land-based LNG facility in Nova Scotia's Guysborough County last summer is looking at an alternative option amid demands in Europe for gas from sources other than Russia.

Subsea 7 awarded FEED contract in Norway

Subsea 7 has recognised the FEED award in its order backlog in the first quarter of 2022.

Wintershall Dea writes off financing of Nord Stream 2

No additional projects in Russia will be advanced or implemented. Payment transactions already stopped.

Equinor extends drilling contracts on the Norwegian continental shelf

On behalf of the partnerships Equinor is exercising options worth NOK 8 billion with Archer, KCA Deutag and Odfjell Drilling.

ExxonMobil starts production at Guyana’s second offshore development

Production from Liza Unity vessel to reach 220,000 barrels of oil per day later this year

Heerema awarded Ichthys LNG transport and installation contract

Heerema will be utilizing Sleipnir for both the transport and installation of the module.

Yinson signs firm contracts for FPSO Maria Quitéria in Brazil

FPSO Maria Quitéria is Yinson's second project award with Petrobras

QatarEnergy and partners announce oil discovery offshore Namibia

QatarEnergy announced an oil discovery in a deep-water exploration well drilled in the PEL-39 license located in the Orange Basin, offshore Namibia.

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