In partnership with ExxonMobil, Lindsayca and Enerflex, CH4 Systems announced Wednesday that it has received the prestigious Export-Import Bank of the United States (EXIM) “Deal of the Year Award” for its pioneering gas-to-energy project in Guyana. SourceContinue Reading
DNV has published its annual Energy Industry Insights survey, with the report finding that political risk is seen as the leading barrier to energy sector growth for the year ahead, and the perceived momentum of the energy transition will slow. SourceContinue Reading
Oil prices tumbled as signs emerged that OPEC+ may be entering a prolonged period of higher production. Beyond OPEC+, non-cartel nations are also expected to add supplies, including drillers in Canada and Guyana, feeding concerns about a global glut. SourceContinue Reading
Woodside has signed an agreement with bp for the integrated energy major to supply natural gas to the Louisiana LNG project. Woodside’s CEO Meg O’Neill said the agreement marks another milestone for the Louisiana LNG project. SourceContinue Reading
Argentina shale operator YPF has signed a Memorandum of Understanding (MoU) with Globant, a digitally-native company focused on transforming companies through the use of AI. Through the agreement, YPF will apply AI technology across its supply chain operations. SourceContinue Reading
EnerMech has secured a significant contract from LLOG Exploration Co. for pre-commissioning services at the Salamanca Platform in the Gulf of America/Gulf of Mexico. The award follows a previous contract in for topside pre-commissioning services which EnerMech secured in 2024. SourceContinue Reading
“A vibrant and supported energy industry, including offshore oil and gas, hydroelectricity and clean fuels, can move our country forward in uncertain times. Energy NL looks forward to working with Prime Minister Carney,” said Energy NL’s CEO Charlene Johnson. SourceContinue Reading
Subsea7 and SLB OneSubsea have secured a substantial engineering, procurement, construction and installation (EPCI) contract for bp’s Ginger project, offshore Trinidad and Tobago. bp’s Ginger development is located off the southeast coast of the island of Trinidad, at water depths of up to 90 meters. First gas is targeted for 2026. SourceContinue Reading
CNOOC has led Beijing’s efforts to boost oil and gas output and bolster energy security, and its focus on extraction helped deliver near-record annual profits last year. But that dependence on upstream prices was a burden in Q1 2025. SourceContinue Reading
The Republic of Congo’s Minister of Hydrocarbons Bruno Jean-Richard Itoua will speak at African Energy Week (AEW) 2025. Congo is preparing to launch its 2025 licensing round – central to its strategy of increasing oil output from 274,000 to 500,000 bpd by 2027. SourceContinue Reading
