Oil and Gas
SBM Offshore and Solstad Offshore to Develop New Installation Vessel
The new vessel will strengthen the installation of ocean infrastructure and deepwater FPSO projects starting in 2029.
Latest Oil and Gas News
Oil and Gas
ECA LNG Phase 1 Starts LNG Production in Mexico
The terminal located north of Ensenada has liquefaction capacity to supply U.S. gas to Asia and Pacific markets.
Oil and Gas
PETRONAS Signs Regional Alliance for Offshore Oil Recovery
PETRONAS and regional operators will evaluate IOR/EOR technologies to increase oil recovery in mature offshore assets.
Oil and Gas
Fluor and JGC Advance LNG Canada Phase 2
Both companies received limited authorization to advance early activities for LNG Canada Phase 2 in Kitimat.
Oil and Gas
Ocean Installer enters Brazil with Equinor contract for codfish.
Ocean Installer will carry out the subsea connection of wells for the Bacalhau project for Equinor for 4.5 years in Brazil.
Oil and Gas
Absheron Advances with Gas Supply Agreement to Turkey
They signed the agreement for gas produced in Absheron, with FID expected this year and production exceeding 4 bcm from 2029
Oil and Gas
Costa Azul LNG begins start-up with detected flaring
The U.S. Department of Energy confirmed that it granted additional time to begin LNG exports from the Energía Costa Azul Mid-Scale project in Baja…
Oil and Gas
Ecopetrol Faces USO Strike at Barrancabermeja Refinery
The Ecopetrol strike called by USO halted operations in Barrancabermeja on June 2, 2026, directly impacting the refining and transport of Colombian hydrocarbons.
Oil and Gas
Delfin FLNG secures historic FID to export LNG from the U.S.
Delfin FLNG received the FID to develop the first floating LNG project in the U.S., backed by an investment of US$5 billion.
Midstream
Uniper warns that LNG prices in Asia exceed $18
Liquefied natural gas prices in Northeast Asia exceeded $18.20/MMBtu, pressuring European companies like Uniper to compete in an increasingly expensive spot market.
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