
Scotland to reveal North Sea oil and gas pledge as windfall tax concerns grow
The UK’s new Labour government has sought to calm nerves within the UK’s North Sea oil and gas sector as the coutry’s transition to clean energy gathers pace.

The UK’s new Labour government has sought to calm nerves within the UK’s North Sea oil and gas sector as the coutry’s transition to clean energy gathers pace.

Woodland Biofuels has announced a $1.35bn investment to establish a carbon-negative renewable natural gas (RNG) plant.

Golar LNG has entered into a $1.6bn (Be$1.6bn) engineering, procurement, and construction (EPC) contract with CIMC Raffles.

Australia’s Santos has finalised a sale and purchase deed for the transfer of a 16% interest in the Bayu-Undan upstream project to TIMOR GAP.

Subsea7, a company providing subsea engineering and services for the energy sector, has announced the award of four contracts from Brazil’s Petrobras.

Russia’s oil industry is still operating in various parts of the world, with Russian crude accounting for 44% of India’s overall imports

Woodside Energy is currently in discussions with potential partners for its Driftwood liquified natural gas (LNG) project, aiming to secure a stable gas supply and enhance revenues for US gas producers, reported Reuters, citing CEO Meg O’Neill.

South Sudan is now nearer an agreement with Sudan over the transportation and export of crude oil, after months of delays and disputes.

Petrobras is set to emphasise upstream oil and gas operations in its forthcoming 2025-29 strategic plan, reported Reuters, citing the company’s CFO Fernando Melgarejo.

MidOcean Energy, an EIG-managed LNG company, has entered into a definitive agreement to acquire an additional 15% interest in Peru LNG from Hunt Oil Company.
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We are a niche consulting company providing services to the oil & gas, renewable energy, and decarbonization sectors.