BW Offshore has signed a Head of Agreement (HoA) with Equinor Canada Ltd, confirming its selection as preferred bidder for the FPSO unit for the Bay du Nord project offshore Newfoundland and Labrador, Canada. SourceContinue Reading
Following approval of the 450-mile Eiger Express Pipeline project connecting the Permian basin to Gulf Coast Markets, Texas Railroad Commissioner Wayne Christian issued a statement of support, emphasizing the importance of infrastructure in meeting energy demand. SourceContinue Reading
In response to the growing requirement to accurately measure and reduce methane emissions from offshore assets, IKM Testing UK has developed and launched its patent-pending technology, Source Level Identification and Quantification (SLIQ). SourceContinue Reading
The Hamm Institute for American Energy at Oklahoma State University has awarded $200,000 in seed grants to OSU faculty members who are tackling challenges in energy security, resilience and innovation. Eight projects were chosen, each receiving $25,000. SourceContinue Reading
Argent LNG has formally submitted its Letter of Intent (LOI) and Preliminary Waterway Suitability Assessment (PWSA) to the U.S. Coast Guard, marking a key milestone in the advancement of its flagship LNG export terminal at Port Fourchon, Louisiana. SourceContinue Reading
Kazakhstan is preparing to channel some of its national wealth into artificial intelligence infrastructure, joining a global rush where venture capital firms and energy-rich states are betting billions on the sector despite volatility and surging valuations. SourceContinue Reading
Texas Railroad Commission Chairman Wayne Christian on Friday praised a new report showing that operators in the Permian basin have reduced methane intensity by 50 percent since 2022, even as oil and natural gas production surged to historic highs. SourceContinue Reading
Wood has entered into an agreement to sell its North American Transmission & Distribution engineering business (North America T&D) to Qualus for $110 million. SourceContinue Reading
Two SLB OneSubsea™ subsea compressor stations recently came online at Ormen Lange, the second largest gas field in Norway. The subsea compressor stations will help Shell unlock 30–50 billion cubic meters of additional gas reserves for export to Europe. SourceContinue Reading
Borr Drilling has announced contract awards for two of its premium jack-up rigs to operate in the North Sea as well as offshore Congo, West Africa. The contracted work will span over 300 days and represent more than $43 million in contract revenue backlog, Borr Drilling said. SourceContinue Reading