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Oil & Gas

Höegh Evi signs FSRU charter with EGAS

Höegh Evi has signed a 10-year time charter agreement with Egyptian Natural Gas Holding Company (EGAS) for the deployment of Hoegh Gandria as a floating storage and regasification unit (FSRU) in Egypt.

Baseblue successfully executes LNG ship-to-ship bunkering operation in the Caribbean

Baseblue has completed its first liquefied natural gas (LNG) ship-to-ship (STS) bunkering operation in Portland Jamaica

Woodside signs gas supply agreement for Louisiana LNG

Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project.

“New” source rock discovered west of Svalbard

Studies of natural oil and gas seeps from the seabed have yielded new knowledge about a previously overlooked young source rock.

MODEC wins ExxonMobil Guyana’s Hammerhead FPSO contract

MODEC has been awarded a contract by ExxonMobil Guyana Limited to develop a Floating Production, Storage, and Offloading (FPSO) vessel for the Hammerhead project.

Saipem renews framework agreement with Saudi Aramco for offshore activities

The Long-Term Agreement (LTA) now extends until the end of 2027.

Woodside signs LNG supply agreements with Uniper

Louisiana LNG LLC will supply 1.0 Mtpa of LNG on a free-on-board basis for up to thirteen years from the commercial operations date (COD) of Louisiana LNG.

TotalEnergies will supply 400,000 Tons of LNG per year for 15 years in the Dominican Republic

This agreement will enable ENADOM to supply natural gas to the 470 MW combined-cycle power plant

bp announces oil discovery in the Gulf of America

bp has announced an oil discovery at the Far South prospect in the deepwater U.S. Gulf of America.

SBM Offshore signs US$400 million Sale and Leaseback agreement for FPSO Cidade de Para

Under the terms of the agreement, the special purpose company will transfer the ownership to four Chinese leasing companies.

Stonepeak to acquire interest in Woodside’s Louisiana LNG

Under the transaction, Stonepeak will provide $5.7 billion towards the expected capital expenditure for the foundation development of Louisiana LNG on an accelerated basis

Ripple effects from Equinor in Norway continue to grow

A new report finds that deliveries within exploration, development projects and operation of Equinor-operated fields and onshore facilities in Norway continued to grow in 2024.

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