Perenco has finalised the USD 206-million acquisition of the Greater Angostura oil and gasfields and associated production facilities from Woodside Energy in Trinidad and Tobago, Perenco said on Friday.
Argent LNG has initiated a comprehensive EPC partner review in preparation for entering the Federal Energy Regulatory Commission (FERC) pre-filing and permitting process for its 25 MMtpa LNG export project in Port Fourchon, Louisiana.
TechnipFMC has been awarded a significant(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by Equinor for its Heidrun extension project in the Norwegian North Sea.
Strohm has successfully completed the first field trials with Petrobras for its thermoplastic composite pipe (TCP) pipe design offshore Brazil, at water depths of approximately 1,500 m.
Eni Ghana, along with its Offshore Cape Three Points (OCTP) partners Vitol Upstream Ghana Ltd and the Ghana National Petroleum Corporation (GNPC), has completed a major upgrade of its gas processing infrastructure, increasing capacity from 246 to 270 million standard cubic feet per day (MMSCFD).
Each year, the Statistical Review of World Energy offers important insights into global energy trends. Now published by the Energy Institute in collaboration with KPMG and Kearney, the 2025 edition—reflecting full-year 2024 data—reveals that global oil production and consumption remained relatively steady, but there are meaningful shifts underway.
The broad view of the US President Donald Trump’s first administration as exclusively told to OilPrice.com at the time by a senior legal figure in that team was: “We’re not going to put up with any more crap from the Saudis.”
The Middle East is on track to surpass Asia to become the world’s second-largest gas producer in 2025, ranking only behind North America, according to Rystad Energy research and analysis.
Freight rates for Russian Urals crude from Baltic ports to India have dipped again in July, falling to $5.0–$5.3 million per Aframax shipment—down from $5.5–$5.7 million in June—as more tankers become available.
Expro has been awarded a major three-year contract by Woodside Energy in support of the Trion deepwater oil and gas development offshore Mexico.