LNG

The UK’s largest oil and gas producer Harbour Energy is reportedly in discussions over a potential merger with Talos Energy, the Gulf of Mexico-focused oil and gas company. The two companies are joint venture partners in the proposed Zama offshore oil development in Mexico and, in Harbour’s case especially, have …

TotalEnergies has promised that commissioning of the long-awaited Absheron offshore gas development in Azerbaijan’s deep-water sector of the Caspian Sea will happen in a matter of weeks. Speaking at an energy conference in the country’s capital of Baku on Thursday, TotalEnergies senior vice president for European exploration and production Jean-Luc …

Houston-based services provider OneSubsea has won a contract from Brazilian oil giant Petrobras to supply critical subsea equipment to assist in the development of the Buzios pre-salt field in the country’s prolific Santos basin. It was the sixth consecutive contract covering the supply of subsea trees signed between the two …

Russian authorities have promised strong backing to a recently announced plan by the country’s largest independent gas producer Novatek to build an export liquefied natural gas plant near the northern port of Murmansk on the Barents Sea. Speaking in Moscow on Monday, the Russian Deputy Prime Minister Alexander Novak, described …

The oil and gas sector in the Asia-Pacific region is likely to find fundraising more difficult, particularly to support fresh capacity, according to a new report by the Institute for Energy Economics & Financial Analysis (IEEFA). Industry financing is subject to the practices of its financiers, underwriters and advisors. However, …

A flexible pipelaying support vessel caught fire at the Port of Acu industrial complex in Rio de Janeiro state in south-eastern Brazil. The Skandi Buzios PLSV, owned and operated by a joint venture between TechnipFMC and DOF Subsea, was docked at Acu when the fire started on 2 June. The …

Huge demand for hydrogen will prompt China to build an integrated pipeline network to move hydrogen produced in the wind and solar energy-rich northern and northwestern part of the country to market in the south and east. Li Guohui, vice president of China Petroleum Pipeline Engineering Corporation (CPPEC), last week …

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The German company behind the Stade LNG project has teamed up with Spain’s gas grid operator to jointly develop and operate the onshore liquefied natural gas facility, which is due online in 2027. Stade LNG developer Hanseatic Energy Hub will work with Enagas as its preferential industrial partner for the …

Developing new technologies to improve offshore operations in the pre-salt province has been instrumental for Shell’s success in Brazil and the European supermajor is at the forefront when it comes to innovation in the country. Shell invested about $120 million in research and development in Brazil in 2022, and while …