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Shell, bp, Trinidad’s NGC set to sign Atlantic LNG restructuring deal

Trinidad's state-owned National Gas Company (NGC), Shell and bp are this week set to sign a restructuring agreement related to …

MODEC selects Seatrium to build FPSO topside modules in Brazil

BrasFELS Shipyard (BrasFELS), a member of Singapore-based Seatrium, has secured a topside modules fabrication contract for a floating production, storage …

COP28 president: “no science” behind demands for fossil fuel phase-out

UN climate summit COP28 president Sultan Ahmed Al Jaber has claimed that there is “no science” behind calls to phase …

Snam acquires FRSU I from BW LNG for $400m

Snam has acquired FSRU I Limited, which owns the FSRU BW Singapore, from BW LNG for a total consideration of …

Petrofac considers sale of non-core assets 

Petrofac has announced that its board is weighing options for the business, including the sale of non-core assets. The company, which …