Oil and Gas

Joshua Falcon, March 5, 2024.
According to information provided by CEDIGAZ, in 2023, the United States consolidated its position as the main supplier of liquefied natural gas (LNG) to Europe, including the 27 member countries of the European Union and the United Kingdom, accounting for almost half of total European LNG imports.

Joshua Falcon, March 4, 2024.
TotalEnergies SE has entered into a significant agreement by signing a Sale and Purchase Agreement (SPA) with Sembcorp Fuels, an entity wholly owned by Singapore-based Sembcorp Industries, for the supply of liquefied natural gas (LNG).

Joshua Falcon, March 4, 2024.
The government of Trinidad and Tobago recently announced an extension of almost two months for the deadline to submit bids in an auction of shallow water oil and gas blocks. This measure reflects the country’s commitment to the exploration and exploitation of its natural resources.

Joshua Falcon, March 3, 2024.
Helix Energy Solutions, a leader in oil and gas services, has consolidated its five-year strategic alliance with Talos Energy. This agreement is focused on decommissioning in the U.S. Gulf of Mexico region.

Joshua Falcon, March 3, 2024.
The managing director of the new Oman refinery, David Bird, detailed that processing of heavier grades of crude oil is anticipated to start later this year. This statement comes weeks after the inauguration of the refinery.

Isbel Lazaro, March 2, 2024.
QatarEnergy has outlined ambitions to raise liquefied natural gas (LNG) production from its North Field to 142 million tons per year by the close of this decade. This strategic plan seeks to increase the production capacity of Qatari LNG.

Congo achieves a key milestone by exporting its first liquefied natural gas (LNG) shipment

Isbel Lazaro, February 28, 2024.
Shell Nigeria Exploration and Production Company (SNEPCo) has successfully completed the first remotely controlled well completion operation in the Bonga field, located in Nigerian waters.

Isbel Lazaro, February 28, 2024.
U.S. oil and gas services company Helix Energy Solutions has been awarded a deepwater well intervention contract by Esso Exploration and Production Nigeria (Esso) in the Erha and Usan fields, located offshore Nigeria.

Joshua Falcon, February 27, 2024.
The U.S. refining sector has experienced a marked decline in activity, while simultaneously, disruptions in global trade have significantly constrained diesel exports.