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Latest in Oil & gas

Oil & gas

Venezuela developments add uncertainty to oil markets and global energy logistics

Recent developments in Venezuela are expected to influence oil production, global crude flows and energy logistics, with potential knock-on effects for shipping routes, refining hubs and future project cargo demand,…

Energy

NZT Power Marks One Year Since Financial Close

NZT Power, the project aiming to become the world’s first commercial-scale gas-fired power station equipped with carbon capture and storage (CCS), has marked one year since reaching financial close. Financial…

Energy

Petrofac Wins $1.2B EPCM Contract from ADNOC Gas

Petrofac has secured a major contract from ADNOC Gas for the expansion of gas processing facilities on Das Island, in a deal valued at US$1.2 billion. The international energy services…

Energy

bpTT and EOG Announce First Gas from Mento Platform

bp Trinidad and Tobago (bpTT) and EOG Resources Trinidad Ltd have achieved first gas from Mento, a key joint venture gas development located off Trinidad’s southeast coast. The project is…

Energy

BP Exports First LNG Cargo from GTA Project Offshore Mauritania and Senegal

bp has successfully loaded the first cargo of liquefied natural gas (LNG) for export from its Greater Tortue Ahmeyim (GTA) Phase 1 project, located offshore Mauritania and Senegal. This milestone…

Oil & gas

bp Trinidad and Tobago’s Cypre Development Delivers First Gas

bp Trinidad and Tobago (bpTT) has successfully delivered first gas from its Cypre development, marking a significant achievement in bp’s global upstream growth strategy. Cypre is one of 10 major…

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Energy

bp Secures Final Approval for Kirkuk Oil Field Redevelopment

bp has received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk, northern Iraq. The agreement, signed with Iraq’s North Oil…

Energy

BP Sells 25% Stake in TANAP Subsidiary to Apollo for $1 Billion

BP and Apollo (NYSE: APO) have announced an agreement for Apollo-managed funds to acquire a 25% non-controlling stake in BP Pipelines (TANAP) Ltd (bp TANAP), the BP subsidiary holding a…

Energy

ONGC and bp Partner to Boost Mumbai High Oil Production

Oil and Natural Gas Corporation Limited (ONGC) has signed a contract with bp, appointing the energy major as the Technical Services Provider (TSP) for Mumbai High, India’s largest offshore oil…

Oil & gas

BP to Sell Gelsenkirchen Refinery and German Operations

BP Europa SE has announced plans to sell its Ruhr Oel GmbH – BP Gelsenkirchen operations in Germany, including the Gelsenkirchen refinery and DHC Solvent Chemie GmbH in Mülheim an…

Oil & gas

deugro Expands Stake in K2 

deugro has increased its shareholding in K2 Project Forwarding AS, marking a strategic step in its collaboration with Peak CSL Group AS. Founded in 2021, K2 has quickly established itself…

Energy

BP Achieves First Gas at GTA

BP has announced a major milestone at its Greater Tortue Ahmeyim (GTA) Phase 1 liquefied natural gas (LNG) project, as gas has begun flowing from wells to its floating production…

Oil & gas

Final Brent Charlie Topside Successfully Decommissioned

The final and heaviest of the Brent oil and gas field’s topsides, Brent Charlie, has been successfully skidded onto the quayside at Able Seaton Port, marking a significant milestone in…

Energy

bp Launches Seagull Field in UK North Sea

bp has commenced production from the Seagull oil and gas field in the UK North Sea, marking a significant milestone. Developed by Neptune Energy, Seagull is a subsea tieback to…

Energy

bp’s Archaea Energy Inaugurates Innovative RNG Plant in Indiana

bp’s Archaea Energy (NYSE: BP) proudly announces the official commencement of operations at its Archaea Modular Design (AMD) renewable natural gas (RNG) plant in Medora, Indiana. Situated adjacent to a…

Construction

Vinci Building 180,000 m3 LNG Tank in Netherlands

Vinci Construction Grands Projets, a subsidiary of Vinci Construction, has been awarded the contract to design and build a 180,000 m3 liquefied natural gas (LNG) tank in the Netherlands. This…

Oil & gas

bp boosts production at Argos offshore platform

bp has launched its Argos offshore platform in the Gulf of Mexico, increasing its gross production capacity by an estimated 20%. This semi-submersible platform is bp’s fifth in the Gulf…

Offshore

Trinidad and Tobago’s Cassia C facility delivers first gas

bp Trinidad and Tobago LLC has confirmed its Cassia C development has safely delivered first gas. Cassia C is bpTT’s first offshore compression platform and its biggest offshore facility. It…

Energy

Historic transfer of fuel

GAC Greece’s shipping and project logistics teams have played a key role in the first-ever ship-to-ship (STS) transfer of liquefied natural gas (LNG) in Greek territorial waters. Approximately 140,000 m³…

Offshore

Jumbo Offshore installs Petrobras torpedo pile mooring system with just one vessel

Jumbo Offshore has executed the transport and installation of a torpedo pile mooring system, including mooring for flexible risers, umbilical for Libra Consortiums “Guanabara” FPSO. While this type of installation…

Cranes

First “game changer” from Liebherr goes to Sarens

The demand from the market for large crawler cranes is growing, for example in the petrochemicals industry and port handling involving enormous components for offshore applications. Driven by the energy…

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