Features
Pivot towards LNG drives demand for offshore regasification units
Contract activity indicates a growing popularity of floating storage regasification units as countries look to increase their LNG import capacity.
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Company News
Equinor finds oil at Svalin field offshore Norway
Equinor has made new oil discovery at the Svalin field located in production licence 169 in the Norwegian North Sea,
Company News
BP suspends talks with Venezuela on gas field development project
bp has put discussions on hold regarding the development of the Manakin-Cocuina gas field, located on the maritime border between
Deal News
Kinder Morgan acquires oil and gas assets in Texas from Avad Energy
US-based pipeline operator Kinder Morgan has acquired oil and gas assets in West Texas for approximately $100m, reported Reuters.
Deal News
ADNOC plans to divest additional stake in drilling unit
ADNOC has announced its intention to offer approximately 880 million shares, equating to about 5.5% of ADNOC Drilling’s issued share
Industry News
Saudi Crown Prince reassures Japan that oil supply will remain stableÂ
Saudi Crown Prince Mohammed bin Salman and Japan’s Prime Minister Fumio Kishida discussed oil supply and clean energy collaboration.
Deal News
ADNOC to acquire 10% stake in Mozambique LNG project from GalpÂ
ADNOC has signed an agreement to acquire a 10% equity stake in the Area 4 concession in Mozambique’s Rovuma basin
Industry News
OMV warns Gazprom may suspend gas supply to AustriaÂ
Austrian oil and gas company OMV has announced the potential suspension of its gas supply from Gazprom, linked to a
Deal News
ExxonMobil and Shell considering bids for stake in Galp’s Namibia oilfieldÂ
Exxon and Shell are among the energy giants evaluating bids for a stake in Galp Energia’s oilfield offshore Namibia, reported