Canada-headquartered oil and natural gas exploration player Sintana Energy has entered into a letter of intent (LOI) to secure a period of exclusivity regarding an investment that unlocks an indirect interest in PEL 37 off the coast of Namibia. The post New partner on the cards as Sintana eyes indirect stake in Namibia’s offshore basin appeared first on Offshore Energy.
A hybrid survey and remotely operated vehicle (ROV) support vessel that will kickstart a […] The post WATCH: Dutch hybrid survey vessel hits the water appeared first on Offshore Energy.
ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has completed its drilling program in the Otway Basin off the coast of Australia, with a semi-submersible rig owned by Transocean, an offshore drilling player. As a result, the rig has moved on to another assignment in Australian waters. The post Transocean rig winds down drilling gig with ConocoPhillips and goes to its next job appeared first on Offshore Energy.
South Korea’s Hanwha Group has entered into a strategic memorandum of understanding (MoU) with […] The post South Koreans join in Canadian LNG project appeared first on Offshore Energy.
Scotland-headquartered offshore drilling contractor Stena Drilling has joined forces with Keystone, Norway’s supplier of planning and execution software for well operations, to advance a next-generation, automation-enabled well delivery model. The post Stena Drilling and Keystone set their cap on upping the digital drilling ante appeared first on Offshore Energy.
Scotland-headquartered engineering and consulting company Wood has obtained a long-term contract extension for a giant gas project situated on Australia’s northwest coast with the country’s energy giant, Woodside Energy. The post Wood clinches multimillion-dollar extension for mega gas project in Australia appeared first on Offshore Energy.
Consumers in Great Britain have benefited more than £1.65 billion (around $2.211 billion) from […] The post Great British consumers see $2.2B benefit from interconnectors since 2023, analysis says appeared first on Offshore Energy.
We’re now a little over 12 months into US President Donald Trump’s second term, and the impact the past year has had on the clean hydrogen sector cannot be understated. The flagship 45V clean hydrogen production tax credit, put forward by the Biden administration, now ends five years early. Two of the seven regional hydrogen hubs, selected for a combined $8bn in funding, have had grants removed, while the remaining five await funds being released. However, this isn’t a recap of the setbacks. For all the turmoil 2025 delivered, progress is happening – although in a distinctly American flavour. … to continue reading you must be subscribed To access hundreds of features, subscribe today! At a time when the world is forced to go digital more than ever before just to stay connected, discover the… Read More »US hydrogen one year into Trump 2.0: progress, but on tighter terms | Hydrogen
ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has signed off on a multi-year liquefied natural gas (LNG) agreement with India’s Hindustan Petroleum Corporation Limited (HPCL). The post ADNOC rakes in $3 billion for LNG offtake deal with Indian player appeared first on Offshore Energy.
Deutsche ReGas, Germany’s private operator of liquefied natural gas (LNG) terminals, has embarked on a legal battle to challenge the European Commission’s approval of the €4.96 billion subsidy scheme, claiming that state aid for LNG terminals harms competition and weakens gas security. The post Private LNG operator takes EU to court over €4.96 billion state funding appeared first on Offshore Energy.