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Norway marks its second best oil & gas exploration year in decade

As the global oil and gas industry continues to seek more hydrocarbons to replace depleting reserves, the Norwegian Offshore Directorate (NOD), reporting to Norway’s Ministry of Energy, has highlighted the country’s exploration results in 2025 as being among the best in several years. The post Norway marks its second best oil & gas exploration year in decade appeared first on Offshore Energy.

$10 billion awards spree: Seven players split Equinor’s multibillion-dollar contracts’ cake

Equinor has handed out multiple framework agreements to seven Norwegian supplier companies, including Aibel, Aker Solutions, Wood, Rosenberg Worley, Head Energy, Apply, and IKM Gruppen with a total value of around NOK 100 billion (approximately $9.9 billion). The post $10 billion awards spree: Seven players split Equinor’s multibillion-dollar contracts’ cake appeared first on Offshore Energy.

Moeve and Galp discuss downstream tie-up in Spain and Portugal | Spain Gas News

Energy firms Moeve and Galp are to explore combining downstream activities in the Iberian peninsula in a bid to become a bigger force in European energy and mobility. The tie-up would create a scalable industrial platform that integrates refining, trading, chemicals, green molecules (biofuels and hydrogen) and retail service stations across Spain and Portugal. Moeve’s current shareholders, Abu Dhabi sovereign wealth fund Mubadala and global investment firm Carlyle, would hold a controlling interest in the industrial combination, with Galp holding above 20%. The plan is to develop ‘integrated multi-energy hubs’ which would support the development and deployment of low-carbon fuels and technologies and support decarbonisation in hard-to-abate sectors. … to continue reading this article and more, please login, register for free, or consider subscribing to gasworld You’ve reached your weekly limit to access free articles!… Read More »Moeve and Galp discuss downstream tie-up in Spain and Portugal | Spain Gas News

ADNOC casts the die for gas project as FID seals path to development

The UAE’s energy heavyweight Abu Dhabi National Oil Company (ADNOC) has put the pen to paper for its ambition to boost its natural gas arsenal by propelling a gas project off the coast of Abu Dhabi, UEA, into execution phase with a final investment decision (FID). The post ADNOC casts the die for gas project as FID seals path to development appeared first on Offshore Energy.

Best of 2025: gasworld Intelligence on Asia-Pacific (November 2025) | Business Intelligence

Asia-Pacific, APAC for short, is a vast and populous region that is developing rapidly. It is home to more than 4.3 billion people today – about 60% of the world’s total population. APAC is a central player in the global industrial gases market, both in terms of demand and future growth potential. It accounts for the largest share of global industrial gas consumption, driven by its vast industrial base, rapid urbanisation, and continued infrastructure expansion. Countries like China, India, Japan, South Korea, and Southeast Asian nations are key contributors, each at different stages of industrial maturity. China alone represents a significant portion of global demand due to its enormous steel, electronics, chemical, and manufacturing sectors. India, for its part, is quickly catching up, propelled by strong growth in sectors like healthcare, refining, automotive, and clean… Read More »Best of 2025: gasworld Intelligence on Asia-Pacific (November 2025) | Business Intelligence