Energy Transition
News
June 06, 2025
American Petroleum Institute (API) President and CEO Mike Sommers issued a statement following the National Highway Traffic Safety Administration's final rule declaring the Biden-era Corporate Average Fuel Economy (CAFE) standards exceeded the department's authority.
News
June 05, 2025
Baseline Energy Services LP has recently introduced its first 400 kW mobile power generator, the NexGen 400™, to its growing fleet. The 581 HP NexGen 400 delivers 385 kW of continuous power fueled by natural gas (~1,000 BTU) at full load.
News
June 05, 2025
Höegh Evi and Aker BP have been awarded an Approval in Principle (AiP) from DNV for a liquefied CO₂ (LCO₂) carrier. The vessel, developed in Norway by Höegh Evi, Aker BP and Moss Maritime, is designed to transport captured CO₂ for storage in offshore Norway.
News
June 05, 2025
MODEC has signed an agreement to jointly develop and scale Carbon Clean’s CycloneCC carbon capture technology for offshore applications. The collaboration will work toward deployment of a fully commercialized CycloneCC solution on a MODEC FPSO by 2026.
News
June 04, 2025
The Energy NL Conference & Exhibition 2025 continued in St. John’s on Wednesday, and began with an update from Jeff Murphy, Vice President Capital Projects with North Atlantic, who spoke about recently announced negotiations with ExxonMobil France.
News
June 03, 2025
Venture Global has initiated full mobilization and started site work at the company’s third LNG export facility, CP2 LNG. The launch comes shortly after receiving final FERC approval and export authorization from the U.S. Department of Energy.
News
June 02, 2025
The U.S. Department of Energy is canceling some $3.7 billion allocated for clean energy projects under the Trump administration's orders. Among the canceled awards was $331 million for ExxonMobil to use hydrogen at its Baytown, Texas Olefins plant.
News
May 30, 2025
Specialist drilling waste management company, TWMA*, has published its results for Q1 2025, including revenue of $16.4 million. The results follow a period of progress on key group strategic initiatives, positioning TWMA for future expansion.
News
May 28, 2025
SignalFire has launched AirQ Scout—a methane emissions monitoring device designed for harsh environments. The device combines MEMS (Micro-Electro-Mechanical Systems) technology with long-range 900MHz connectivity.
News
May 27, 2025
Eni has signed an agreement with Global Infrastructure Partners (GIP), a global infrastructure investor and a part of BlackRock, for exclusive talks to potentially sell 49.99% in its carbon capture, utilization and storage (CCUS) business.
News
May 23, 2025
Tim Hodgson, Canada’s new energy minister, has emphasized the need to build carbon-capture systems for the oil sands and identified crude and natural gas exports as a major priority for Prime Minister Mark Carney’s government.
News
May 20, 2025
U.S. officials from the Bureau of Ocean Energy Management (BOEM) have lifted the stop-work order for Equinor's Empire Wind project, offshore New York. “I would like to thank President Trump for finding a solution that provides for continued investments in energy infrastructure in the U.S.," said Anders Opedal, President and CEO of Equinor ASA.
News
May 20, 2025
ABS issued an approval in principle (AIP) to Samsung Heavy Industries (SHI) for its design of a multi-purpose LNG floating facility for deep water. Called MLF-O, the design from SHI optimizes the production facility for deepwater areas with a wave height of nine meters.
News
May 19, 2025
TotalEnergies has signed a Sales and Purchase Agreement (SPA) with Ksi Lisims LNG for the purchase of 2 MMtpa of LNG for 20 years from the future liquefaction plant, subject to the final investment decision of the project.
News
May 16, 2025
Occidental has entered into an agreement with ADNOC’s XRG to evaluate a potential joint venture to develop a Direct Air Capture (DAC) facility in South Texas. As part of the joint venture, XRG will consider investing up to $500 million.
News
May 15, 2025
Perenco has announced a successful drilling operation for its Onyx well, encountering significant columns of natural gas in two separate geological compartments. The Onyx field is an undeveloped gas discovery located within the TSP license, offshore Trinidad.
News
May 14, 2025
Woodside Energy and Aramco have entered into a non-binding collaboration agreement to explore global opportunities, including Aramco’s potential acquisition of an equity interest in and LNG offtake from the Louisiana LNG project.
News
May 14, 2025
XRG, PETRONAS and the Turkmenistan State Enterprise Hazarnebit have signed a new Production Sharing Contract (PSC) with the State Concern Turkmennebit for the offshore “Block I” gas and condensate fields in Turkmenistan.
News
May 13, 2025
Nexos, a leading EPC provider for the offshore energy sector, has announced a strategic expansion into onshore energy projects. The move is bolstered by a 300-person strong onshore services division, positioning nexos as a key player in the energy transition.
News
May 13, 2025
The alliance integrates ZENRG's industry-leading cross-compression capabilities with TDW's extensive pipeline service offerings, including hot tapping and isolation, pigging, in-line inspection and repair.
