Projects
16 Jan, 2025
Chevron Corporation and Shell have announced the start of oil production from the Whale semi-submersible platform in the deepwater U.S. Gulf of Mexico.
The project, located approximately 300 kilometres southwest of Houston, marks a significant milestone in offshore energy production.
The Whale platform, situated in more than 2,600 metres of water on Alaminos Canyon Block 773, is expected to ... more
Business and Finance
15 Jan, 2025
John Wood Group PLC (Wood) has finalised the sale of its stake in Ethos Energy Group Limited (EthosEnergy) to One Equity Partners for US$138 million in cash.
The transaction, which was initially announced on August 28, 2024, was completed on January 2, 2025.
The deal saw One Equity Partners acquire Wood's 51 per cent stake in EthosEnergy, a joint venture previously co-owned with Siemens Ener... more
Trending
20 Sep, 2024
Since the peak of the energy crisis in 2022, the global gas and LNG market has largely rebalanced. Storage levels have remained high for seasonal norms, also courtesy of mild weather. But prices remain relatively high by historic standards, particularly for Europe, and volatility continues to be a persistent feature of the market.
Our recently released global gas Strategic Planning Outlook (SPO... more
Events
25 September 2024-27 September 2024
The 20th Anniversary Edition of Oil & Gas Asia (OGA) takes place on 25-27 September 2024, at the Kuala Lumpur Convention Centre, bringing together industry leaders, policymakers, and innovators to drive transformative change and propel the energy value chain.
Established in 1987, OGA is recognised as one of the region’s most influential and successful energy events, showcasing the latest te... more