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Oil & Gas DECODED

Latest edition: 31 May 2024
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Spotlight

OEUK challenges UK election candidates on support for British energy

The offshore energy body argues that a successful energy transition is one "delivered with people and communities, not done to people and communities".

Latest news

Missing Tobago oil spill vessel resurfaces: where, how and what happens now?

Trinidad and Tobago authorities are pursuing the Solo Creed, now seized by the Angolan Navy for breaching offshore oil perimeters.

Algeria nears deal with Chevron to boost gas supply to Europe

State-owned Sonatrach is expected to sign the contract to develop a substantial hydrocarbons field within the next few days.

Trinidad court upholds ConocoPhillips' $1.3bn claim against Venezuela

The ruling allows the US oil company to seize any payments made to Venezuela from joint gas ventures with Trinidad.

EU green policies to be deprioritised after Parliament elections - analysis

Centre and right-wing parties will likely shift the political focus from green legislation towards competitiveness.

Woodside secures $1bnloan to fund Scarborough gas project in Australia

The Scarborough Energy Project is on track for its first LNG cargo in 2026.

Subsea7 secures contract for development of Búzios 9 in Brazil

Subsea7 will undertake engineering, procurement, fabrication, installation, and pre-commissioning of rigid risers and flowlines.

Petronas and Sinopec sign MoU to explore growth and innovation

The companies will focus on commodity and specialty chemicals, crude oil and LNG trading.

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