Q2 oil and gas contract values rise on Qatari LNG work
New data shows the oil and gas industry’s contract value saw a “significant” rise Q2 2023, mainly driven by work on Qatar's North Field South (NFS) project.
GlobalData
Listicle: the top 10 projects in Europe’s CCS pipeline
As the world grapples with the pressing need to decarbonise, more and more countries are throwing the kitchen sink at the issue.
GlobalData reports “plunge” in Q1 oil and gas contract value
The first three months of 2023 saw contract value fall by nearly half on the previous quarter, according to new analysis by GlobalData.
GlobalData lists top ten oil and gas M&A advisors for Q1 2023
A listicle has been published of the top 10 mergers and acquisitions (M&A) financial advisers in the oil and gas sector for Q1 2023.
End of year sees mixed progress on 2022’s top 10 oil and gas projects
Progress on the world’s largest oil and gas fields has been a mixed bag in 2022, with the start-up of several major projects pushed into 2023 and beyond.
China and India lead LNG regas additions in Asia
China and India will significantly expand their LNG import infrastructure over the next five years with the pair, led by China, set to record the highest LNG regasification capacity additions in Asia.
Upstream giants: The 10 largest oil and gas fields starting up in 2022
Gas and condensates dominate the top 10 largest oil and gas fields due online in 2022, according to new analysis.
Rystad forecasts 20 FPSO awards for 2021 and 2022
A total of 20 FPSO awards are expected to be made in 2021 and 2022, bringing a boost to fabrication yards, according ot new analysis from Rystad Energy.
Asia set to drive global LNG regasification capacity
Asia is expected to dominate global new build and expansion of liquefied natural gas (LNG) regasification capacity additions. The region will contribute about 74% of total global capacity additions by 2025, according to GlobalData.
GlobalData questions South Africa’s gas development
Discoveries offshore South Africa have “no clear route to commercialisation”, according to GlobalData.
Weak demand to limit East Med gas
Poor gas demand may restrain Eastern Mediterranean production until 2023, GlobalData has warned.
UK to see world’s second-highest deployment of FPSO vessels in next five years
The UK North Sea will see the world's second-highest deployment of FPSO vessels in the next five years, according to new analysis.
Equinor aims to retain ‘leading’ energy transition role with new CEO, says GlobalData
Following yesterday’s announcement of Equinor’s appointment of a new CEO, with an increased focus on the energy transition;
North Sea offshore wind projects could face Covid-19 construction headaches, expert claims
Some North Sea renewable energy projects face growing construction headaches with “every passing month” taken up by the coronavirus pandemic, an offshore wind expert has warned.
CHC Helicopter announces hunt for new acquisitions
CHC has announced it is on the trail for an acquisition opportunity in the helicopter market.
Guyana’s plans to raise oil royalties could ‘diminish attractiveness’
Guyana’s plans to raise oil and gas royalties may “diminish attractiveness” to future investors, according to new analysis.
Analyst predicts ‘massive investments’ for UK renewables sector
An analyst has predicted “massive investments” for the UK’s renewables sector between now and 2030.
Shell to spend $1.5bn on UK decommissioning through to 2025
Shell is expected to spend $1.5bn (£1.152bn) on decommissioning in the North Sea over the next six years, according to a new forecast.
Shell leads the way on upstream spending plans, says GlobalData
Shell is leading the way on new-build spending plans to 2025, according to a new report from GlobalData.
M&A deals on the rise for global oil and gas
A total of £34.3billion-worth of merger and acquisition deals were carried out in upstream oil and gas in the third quarter of the year.
£15.6billion to be spent on UK North Sea projects to 2025
An estimated £15.6billion will be spent between now and 2025 on oil and gas projects in the UK North Sea, according to analysts GlobalData.
Equinor to lead future North Sea production, report claims
Norwegian energy giant Equinor is to lead North Sea production over the next seven years, according to a new report.
Tie-backs to dominate North Sea projects to 2023
Subsea tie-backs will be the most common development solution in the North Sea until 2023, according to new research,
Rising optimism as UK budget shows support for UK oil and gas
The prolonged slump in oil price has pushed investment in development of the UK North Sea significantly lower, threatening the viability of the industry.
UK has highest number of planned North Sea projects to 2025
The UK has the highest number of planned project in the North Sea due to start by 2025, according to new analysis by research firm GlobalData.