
Shell Prelude FLNG Could Face Australia’s 20% Gas Reservation Rule
Australia’s proposed gas reservation scheme could include Shell’s Prelude LNG project, raising questions over pipeline access, domestic supply obligations and LNG project costs.

Australia’s proposed gas reservation scheme could include Shell’s Prelude LNG project, raising questions over pipeline access, domestic supply obligations and LNG project costs.

Hilong Holding said its subsidiary Hilong Petroleum Pipe Company LLC signed a $44.0 million drill string supply contract with ADNOC Drilling for 19 onshore and offshore rigs.

Equinor will exit Japan’s offshore wind market, close its Tokyo office by the end of 2026, and narrow its renewables focus to integrated power markets.

HELMS has secured a long-term offshore soil investigation contract from PETRONAS CCS Solutions to support CCS developments across Malaysia.

Orient Cable has installed China’s first 66kV dynamic cable for CTG’s 16MW floating offshore wind demonstration project, located about 70 km offshore.

TotalEnergies and Petronas have started a $100 million to $200 million offshore exploration campaign near Kupiano in Papua New Guinea, with the drilling vessel Viking beginning operations.

TechnipFMC has secured a large iEPCI contract from Vår Energi for the Ofelia and Gjøa Nord projects in the North Sea under a five-year collaboration agreement signed in 2025.

Great Lakes Dredge & Dock has taken delivery of Acadia, the first U.S.-flagged Jones Act-compliant subsea rock installation vessel of its kind.

Eni has opened an international EPCIC tender for a third FLNG unit in Mozambique’s Rovuma Basin, with capacity of up to 6.0 million tonnes per annum.
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