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Business Developments & Projects

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Rendering of Alaska LNG plant
Business Developments & Projects

$44 billion LNG project in Alaska pulls off hat trick deal as new partner enters the scene

Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has taken new steps to bring to life its liquefied natural gas (LNG) export development in Alaska by ironing out a strategic partnership with Korea’s POSCO International Corporation, a core member of the POSCO Group.

about 7 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Funding in place for multi-well offshore drilling campaign to boost oil flow rates

Jasmine Energy (JEL), a subsidiary of Singapore’s Rex International, has revealed a multimillion-dollar bond issue, which will enable it to undertake a drilling campaign off the coast of Oman to augment oil production.

about 7 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

TGS, BGP, Staatsolie embark on seismic survey to map oil & gas deposits in shallow waters

Norwegian/American energy data and intelligence player, Tomlinson Geophysical Services (TGS), has kicked off a seismic survey in the shallow offshore area off the coast of Saramacca and Coronie to find oil and gas reserves as part of a joint project with Suriname’s national oil company (NOC) Staatso

about 7 months ago
Goliat; Source: Var Energi
Business Developments & Projects

Round-up: New oil & gas discoveries take center stage as LNG momentum grows

As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping

about 7 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Double win for Equinor in North Sea as two gas and condensate discoveries spring up

Norway’s state-owned oil and gas giant Equinor has made two new discoveries of gas and condensate in the Sleipner area of the Norwegian sector of the North Sea, which it describes as its largest finds so far this year. The company claims that these discoveries can be developed for the European marke

about 7 months ago
Frontal view of a vessel at sea
Business Developments & Projects

Eni pens decade-long LNG offtake deal with Thai player

Italy’s energy giant Eni has won a new multi-year liquefied natural gas (LNG) agreement with Gulf Development Company, said to be one of Thailand’s largest private power producers.

about 7 months ago
Texas LNG; Source: Glenfarne
Business Developments & Projects

20-year offtake lands on LNG project’s table in Lone Star State

Texas LNG, a subsidiary of Glenfarne Energy Transition, has secured an offtake deal with Macquarie Energy, a subsidiary of Macquarie Group, for a liquefied natural gas (LNG) export facility to be constructed in the Port of Brownsville, Texas.

about 7 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Denmark pushes back bid submission deadline for piece of $4.59 billion carbon capture and storage pie

The Danish Energy Agency has postponed the deadline for its carbon capture and storage (CCS) tendering procedure, which enables interested companies to get a slice of the DKK 28.7 billion ($4.59 billion) funding cake earmarked to lend Denmark a helping hand in achieving its climate neutrality vision

about 7 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Red Sea poised for container ships’ return with CMA CGM’s full-loop service via Suez Canal

Xeneta, an ocean and air freight rate benchmarking and market analytics platform transforming the shipping and logistics industry, is convinced that the return of container ships to the Red Sea is edging closer, as France’s shipping giant CMA CGM, as a major carrier, reveals a new full-loop service

about 7 months ago
FPSO Sepetiba; Source: Petrobras
Business Developments & Projects

Petrobras and Shell up their stakes in pre-salt oil projects offshore Brazil

A consortium, consisting of Brazil’s state-owned energy giant Petrobras and Shell Brasil Petróleo, a subsidiary of the UK-headquartered Shell, has secured additional equity in two pre-salt oil projects in Brazilian waters following an auction led by Pré-Sal Petróleo (PPSA).

about 7 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Seven-year gas supply deal is a go as Puerto Rico backs it up

U.S. energy infrastructure player New Fortress Energy (NFE) has received the go-ahead for its multi-year gas supply arrangement with the government of Puerto Rico, which will allow it to provide liquefied natural gas (LNG) to the Caribbean nation.

about 7 months ago
TGS scores first OBN gig for 2026 in European waters
Business Developments & Projects

TGS scores first OBN gig for 2026 in European waters

Norwegian energy data and intelligence company TGS has opened the contracting season in Europe for next year with an ocean bottom node (OBN) survey deal.

about 7 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

28-year-old FPSO secures life extension beyond 2030 as oil flows from subsea tie-back

Norwegian state-owned energy giant Equinor has prolonged the lifespan of a floating production, storage, and offloading (FPSO) unit by expanding its active duty past 2030 with a subsea template tied back to the vessel via a new tubing off the coast of Norway.

about 7 months ago
COSL Prospector rig; Source: COSL
Business Developments & Projects

Fresh oil discovery in Barents Sea comes to light

Vår Energi, an independent upstream oil and gas company on the Norwegian Continental Shelf (NCS), has made a new oil discovery off the coast of Norway, with a semi-submersible rig owned by COSL Drilling Europe.

about 7 months ago
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