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Repsol Sells Canadian Exploration and Production Assets to Peyto for $468 Million
September 21, 2023
Repsol has agreed to sell its oil and gas assets in Canada to Peyto for $468 million as part of its ongoing portfolio management to focus activity on core regions. The agreement encompasses all the mineral rights, related facilities and
SBM Offshore and MHI Sign Partnership Agreement for FPSO CO2 Capture Solution
September 21, 2023
SBM Offshore and Mitsubishi Heavy Industries (MHI) have signed a partnership agreement that will offer a CO2 capture solution for floating production storage and offloading vessels (FPSO) as they are producing oil and gas from offshore reservoirs. The agreement follows
Commonwealth LNG and EQT Sign Heads of Agreement for LNG Supply
September 21, 2023
Commonwealth LNG has entered into a heads of agreement (HOA) with EQT for 1 million tons per annum of LNG under a 15-year tolling agreement, and associated gas supply to Commonwealth LNG’s facility in Cameron, Louisiana. “We are very pleased
Nauticus Robotics Secures Offshore Service Agreement with Shell
September 21, 2023
Nauticus Robotics, Inc. has entered into a service contract with Shell. The initial scope of work includes inspection services on a Shell subsea field development in the Gulf of Mexico, and the contract contemplates visible future inspection service projects. The
FET Subsea Launches New ROV Tooling Rental Offering
September 21, 2023
Forum Energy Technologies (FET) has introduced a new tooling rental offering for remotely operated vehicles (ROVs) in response to the changing demands of the subsea sector. With increasing ROV asset investment across hydrocarbon and offshore renewable energy, as well as
Woodside Energy Starts Production at Shenzi North Deepwater Project, Louisiana
September 20, 2023
The Woodside-operated Shenzi North project has commenced production in the deepwater U.S. Gulf of Mexico. Shenzi North is a two-well subsea tieback that takes advantage of the existing Shenzi infrastructure to increase production capacity of the asset. The project, on
DOI Proposes 50-year Ban on Oil and Gas Drilling, Mining for Thousands of Acres in New Mexico
September 20, 2023
The Department of the Interior on Monday announced a proposal to bar oil and gas development in large swathes of New Mexico in a bid to protect sensitive lands that some Indian tribes consider sacred. The ban would affect more
Oil and Gas Industry Leaders Must Sit at President Biden’s Climate Table
September 20, 2023
Sometimes the problem with government committees isn’t who’s at the table — it’s who isn’t. That’s the case with President Joe Biden’s new cabinet-level Methane Task Force, a body charged to accelerate the execution of the U.S. Methane Emissions Reduction
Center for Offshore Safety Names 2023 Safety Leadership Award Winners
September 20, 2023
The Center for Offshore Safety (COS) has names the winners of the 2023 Safety Leadership Awards during its Annual Safety Forum, held September 12 in Houston. The awards honor companies that demonstrate outstanding leadership in developing safety management and performance
United Airlines to Buy Up to One Billion Gallons of Sustainable Aviation Fuel from Cemvita
September 20, 2023
Cemvita Corporation has signed an offtake arrangement with United Airlines for up to 1 billion gallons of sustainable aviation fuel (SAF) from Cemvita’s first full-scale SAF plant. Under the agreement, Cemvita will supply United Airlines up to 50 million gallons
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