The U.S. Department of the Interior (DOI) and TotalEnergies have signed settlement agreements to terminate the company’s two offshore wind leases in the United States, confirming recent reports that a deal was being drafted under which TotalEnergies would be reimbursed $928 million (around €806 mill
Adura, an incorporated joint venture (IJV) between the UK’s Shell and Norway’s Equinor, has secured a multibillion-dollar reserve based lending (RBL) facility to support its growth aspirations.
Qatar’s state-owned oil and gas giant QatarEnergy has confirmed a curtailment in its liquefied natural gas (LNG) capacity in the aftermath of recent missile strikes at its LNG facilities. The post QatarEnergy: Missile attacks spur $20 billion loss with drop in LNG exports appeared first on Offshore
Sinolam International, a Singapore-based investment company focused on oil, gas, and power investments in emerging markets in Asia and Latin America, has decided to move forward with a lawsuit related to Panama’s liquefied natural gas (LNG)-to-power market by submitting an arbitration request under
Norway’s oil and gas player Aker BP and Armada, a full-stack edge infrastructure company, have joined forces to use an offshore modular data center at the drilling arena on the Norwegian Continental Shelf (NCS). The post Aker BP and Armada bring offshore modular data center to Norwegian drilling sce
Spain’s Reganosa has lined up a new job at a future liquefied natural gas (LNG) import terminal in Senegal, Africa. As a result, the firm will supervise the construction of this LNG terminal in Dakar. The post Fresh LNG gig in Africa lands on Spanish player’s worksheet appeared first on Offshore Ene
Brazilian oil and gas company PRIO, formerly known as PetroRio, has confirmed its timeline for the start-up of production from two remaining wells at a field in the Campos basin located off the coast of Brazil. The post Two more wells in Brazilian waters coming online soon appeared first on Offshore
Arcius Energy, an affiliate of the UK-headquartered BP and the UAE’s ADNOC, has set the stage to embark on a multi-well drilling campaign off the coast of Egypt with a drillship owned by Valaris, an offshore drilling contractor. The post BP and ADNOC’s JV ready to kick off Mediterranean gas hunt wit
Houston-based Texas LNG Brownsville, part of Glenfarne Group, has put Kiewit Offshore Services (KOS), a construction and engineering services provider, in charge of in-state fabrication of liquefaction modules for a liquefied natural gas (LNG) export project being developed in the Port of Brownsvill
LPG shipping company Dorian LPG has taken delivery of its dual-fuel LPG and ammonia very […] The post Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier appeared first on Offshore Energy .
Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) has revealed the appointment of a new Chief Executive Officer (CEO).
While diving into the evolution journey of its offshore operations model and the implementation of its Fast4ward program, the Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has shed light on the key growth drivers
Tokyo-based Idemitsu Kosan is setting the stage for full-scale entry into the liquefied natural gas (LNG) business with its multimillion-dollar investment in MidOcean Energy, an LNG player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG).
While taking a deep dive into the floater rig market and top floating rig managers based on the current total backlog for 2026, Westwood Global Energy, an energy market research and consultancy firm, has spotlighted five offshore drilling players – Transocean, Noble, COSL, Seadrill, and Valaris – as
