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US and Venezuela Announce Oil Agreement
The United States and Venezuela have announced an agreement concerning oil. The nature and specific terms of the arrangement were not immediately detailed.
Eni Expands Offshore Exploration Portfolio in Uruguay
The Italian energy firm Eni has acquired a new exploration block in Uruguay, marking its entry into operated offshore assets in the country. This development expands the company's presence within the region's upstream sector.
Kim Heng Establishes Joint Venture for Offshore Wind Farm Development in South Korea
The Singapore-based offshore marine service contractor is partnering with a South Korean firm specializing in marine and civil construction to pursue opportunities in the expanding renewable energy sector.
Subsea Construction Vessel Progresses Towards Taiwan Deployment
A new offshore subsea construction vessel (OSCV) is currently en route to Norway for its final outfitting phase before its anticipated delivery to Taiwan.
TotalEnergies Completes Arctic LNG 2 Withdrawal, Retains Loan Claim
The French energy major has finalized its divestment from the Russian liquefied natural gas project, while maintaining its claim for shareholder loan recovery.
Independent Assessment Deems Hemen's Northern Ocean Offer Unfair to Shareholders
A mandatory offer by Hemen Holding for shares of Northern Ocean Ltd has been evaluated by an independent expert, concluding it does not represent fair value for NOL shareholders from a financial perspective.
Equinor Announces Board of Directors Change
The energy company has confirmed an alteration to its governing body, impacting its operational oversight.
Keel Laid for Specialized HVDC Cable-Laying Vessel in Türkiye
Tersan Shipyard has commenced construction on a new cable-laying vessel, set to become Korea's first dedicated high-voltage direct current (HVDC) installation asset.
BP Boosts Egyptian Gas Output from West Nile Delta Operations
A key natural gas development off Egypt's Mediterranean coast has commenced production ahead of its initial schedule, contributing to domestic supply.
Jan De Nul Initiates Sea Trials for First Extra-Large Cable-Laying Vessel
The 'Fleeming Jenkin' begins operational assessments, marking a step in the company's fleet expansion for subsea cable installation projects.
Shell Technology to Expand Floating LNG Market Reach via Wison Agreement
A new collaboration aims to broaden the application of Shell's proprietary liquefaction technology within the floating liquefied natural gas sector, enhancing project deployment capabilities.
Cheniere Expands LNG Capacity to 56 MTPA Following Texas Project Completion
The energy firm's latest expansion in Texas has significantly boosted its operational liquefaction capability, aligning with a notable milestone in cargo shipments.