7649 results found for 'leni'

7649 results found for 'leni'
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  • 2025’s greatest trio of oil & gas, FPSO, and LNG mergers that never came to fruition

    1 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    While multiple consolidation moves have sprung up across the offshore energy and maritime arenas over the past 12 months, some never bore fruit. Offshore Energy has selected three business combination plays, regardless of whether they were born of truth or fiction, that did not make it to the finish line despite the initial optimism and euphoria.

  • Eni’s offshore drilling ops in Southeast Asia yield new gas discovery

    11 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Italy’s energy giant Eni has shed some light on its new gas discovery in the Kutei Basin about 50 kilometers off the coast of East Kalimantan in Indonesia, Southeast Asia.

  • $11 billion financing in place for giant offshore gas project

    6 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    ADNOC, in partnership with Italy’s Eni and Thailand’s PTT Exploration and Production Public Company (PTTEP), has secured a structured financing transaction of up to $11 billion (AED 40.4 billion) for its multibillion-dollar big sour gas development, which is set on becoming the world’s first project to operate with net-zero emissions.

  • $7.5 billion gas project on Senegal’s development agenda

    15 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Société des Pétroles du Sénégal (Petrosen), Senegal’s state-owned oil and gas company, has shed light on the investment required to bring a deepwater gas field to life, which is estimated to hold recoverable resources of approximately 25 trillion cubic feet (tcf) of gas.

  • Five Noble rigs change hands, expanding Borr Drilling’s fleet to 29 jack-ups

    29 January 2026
    Business & Finance, Business Developments & Projects, Project & Tenders

    Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has taken into its fold five premium jack-up rigs, which used to be part of the U.S.-headquartered Noble Corporation’s fleet.

  • Borr Drilling’s CEO: Middle East conflict brings uncertainty but empowers long-term rig outlook

    21 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Project & Tenders

    Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has secured 13 contracts year-to-date, enhancing its backlog by adding 2,250 days and $274 million in jack-up rig deals.

  • 20-year LNG deal between Petronas and JERA strengthens Japan’s energy security

    11 June 2026
    Business & Finance, Business Developments & Projects, Collaboration, Exploration & Production, Project & Tenders

    Malaysia’s state-owned oil and gas heavyweight Petronas has sealed a two-decade-long liquefied natural gas (LNG) supply arrangement with Japan’s power generation major JERA, which fortifies the energy bonds between the two countries and extends the companies’ partnership into the 2040s.

  • Highlights reel of top UK oil & gas consolidation plays

    1 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    The global oil and gas scene is witnessing a wave of consolidation moves through strategic mergers and acquisitions, especially in the United Kingdom (UK), where the windfall tax on oil and gas producers’ profits remains in force. The transformation across Britain’s hydrocarbon industry is gaining ground, spurred by Big Oil’s business combination steps.

  • Transocean’s play for Valaris forging $17 billion offshore drilling giant with 73 rigs

    9 February 2026
    Business & Finance, Business Developments & Projects

    Transocean has made a multibillion-dollar merger move on Valaris to breathe life into a combined company with a diversified offshore fleet of 73 rigs, including 33 ultra-deepwater drillships, nine semi-submersibles, and 31 modern jack-ups, to meet emerging growth opportunities.

  • WATCH: McDermott and BW Offshore lift the curtain on floating blue ammonia FPSO model

    12 February 2026
    Business & Finance, Business Developments & Projects, Carbon Capture Usage & Storage, Collaboration, Equipment, Exploration & Production, Innovation, Transition

    McDermott and BW Offshore have unveiled a concept for a blue ammonia floating production, storage, and offloading (FPSO) unit that blends offshore production, carbon capture, and direct export, spotlighting the way in which surplus natural gas could be converted into a lower-carbon fuel and brought to market with reduced infrastructure and complexity to support the energy transition journey.

  • Angola’s first non-associated gas development goes live

    17 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has put into operation an offshore project, which is described as the first non-associated gas development in Angola.

  • $33.4 billion acquisition of AES filling financial coffers for Panamanian firms’ $4B lawsuit

    6 March 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Regulation & Policy

    Sinolam, Panamanian companies with projects in the liquefied natural gas (LNG) and power generation sector, has provided its take on the acquisition of AES Corporation by a consortium led by Global Infrastructure Partners, part of BlackRock, viewing it through the lens of opportunity, as BlackRock’s bid for AES could open a new scenario for the firm’s multibillion-dollar lawsuit by bolstering the sued player’s financial standing.

  • Türkiye bolsters its LNG arsenal as BOTAŞ pens two ten-year deals with SEFE and Eni

    9 December 2025
    Business & Finance, Business Developments & Projects

    Türkiye’s state-owned Boru Hatları ile Petrol Taşıma Anonim Şirketi (BOTAŞ) has inked two long-term liquefied natural gas (LNG) agreements with Italy’s energy giant Eni and Germany’s Securing Energy for Europe (SEFE) to ensure the country’s energy security.

  • Oil & gas firms step up exploration game to tackle supply shortfall by 2050

    1 May 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    As global exploration and production (E&P) players are facing a 40% output drop, Wood Mackenzie, an energy intelligence group, has pointed out that oil and gas companies are increasing high-impact exploration investment to address the 300-billion-barrel supply gap and energy security priorities by 2050.

  • ADNOC’s XRG widens gas and LNG portfolio with Argentina and Caspian Sea deals

    12 February 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has taken steps to expand its footprint by firming up agreements to come aboard a proposed liquefied natural gas (LNG) project in Sierra Grande Norte, on Argentina’s Atlantic coast, and Southern Gas Corridor (SGC) CJSC, which delivers gas resources from the Azerbaijani sector of the Caspian Sea to the European market.

  • 2025 at a glance: LNG wave sweeps across global gas markets

    1 January 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    With energy security still at the forefront, several liquefied natural gas (LNG) projects have been given the green light to proceed to production mode across the globe, with the United States (U.S.) running the show. As a result, 2025 marked the start of the next wave of LNG projects that are anticipated to enrich the global energy mix.

  • Eni pens decade-long LNG offtake deal with Thai player

    5 December 2025
    Business & Finance, Business Developments & Projects

    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.

  • Block Energy making its first foray into Gabon’s offshore oil realm

    28 April 2026
    Business & Finance, Business Developments & Projects, Exploration & Production

    AIM-quoted independent oil and gas production and development company Block Energy has made a move to enter a new geographic area through an investment related to two production sharing contracts (PSCs), which will enable it to expand its portfolio to encompass two offshore licenses in Gabon.

  • 25 rigs out of Borr Drilling’s 29-strong fleet either on hire or with jobs lined up

    19 February 2026
    Business & Finance, Business Developments & Projects

    Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has landed multiple new work assignments in Africa, Southeast Asia, and North America. As a result, 25 of our 29 rigs are either contracted or committed, with six in Southeast Asia, five in the Middle East and North Africa, another five in West Africa, three in Europe, and six in the Americas.

  • NKT upgrades Swedish cable accessories factory to meet high demand in Europe

    16 December 2025
    Business & Finance, Business Developments & Projects, Infrastructure, Outlook & Strategy

    Danish power cable manufacturer and installation firm NKT has enhanced the capacity and technical capabilities of its cable accessories factory in Sweden, by investing in a new test hall and office building and expanding production capacity, a move said to be in response to the high demand for high-voltage power cable accessories in Europe. The […]

  • Middle East conflict: Energy security risks and price shocks as market volatility hits supply chains

    25 March 2026
    Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy

    Since the ignition of the conflict between the U.S. and Israel on one side and Iran on the other, the global markets have been on tenterhooks, as fears continue to grow over the impact the hostilities will have not just on the Middle East region but also the world at large, especially in terms of economy, energy security, and global supply chains, affecting all offshore energy and maritime realms across the globe, albeit to different degrees.

  • Eni begins next chapter of its giant Congo LNG project

    2 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Italy’s oil and gas giant Eni has kicked off the second phase of its liquefied natural gas (LNG) project ahead of schedule off the coast of Congo, Africa.

  • Exclusive interview with Yinson Production: Deepwater plays setting the stage for ‘robust’ FPSO and FSO market dynamics

    6 January 2026
    Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Transition

    With Brazil, West Africa, Southeast Asia, and Namibia at the heart of its expansion quest and its frontier push revolving around carbon capture and low-carbon moves, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has set its cap on rolling out practical emissions-reduction solutions across its fleet of FPSOs.

  • Oil oversupply risks and global crude trade realignment loom with Venezuela’s regime change

    6 January 2026
    Authorities & Government, Business & Finance, Business Developments & Projects, Exploration & Production, Market Outlooks, Outlook & Strategy, Regulation & Policy, Rules & Regulation

    As Venezuela faces a regime change, the country’s production recovery is staring at a decade-long timeline despite near-term supply gains, according to Wood Mackenzie, an energy intelligence group, which believes that additional Venezuelan barrels could pressure Brent prices below mid-to high $50 per barrel (bbl) of oil in the first quarter of 2026 amid oversupply and also realign flows, diverting Middle East heavy barrels to Asia and intensifying competition for Canadian crude in the U.S. Gulf Coast.

  • Noble, Borr Drilling, and ADES jack-up rig trio hard at work in Dutch North Sea

    18 December 2025
    Business & Finance, Business Developments & Projects, Exploration & Production

    Three jack-up rigs, owned by Noble Corporation, ADES (former Shelf Drilling), and Borr Drilling, are carrying out oil and gas drilling activities in the Dutch sector of the North Sea (DNS) for Canada’s Tenaz Energy, the Netherlands-based ONE-Dyas, and Italy’s Eni.