Business & Finance
Worley helps propel $21B Asian LNG and CCS project forward with FEEDs now out of the way
Australia’s engineering firm Worley has delivered front-end engineering designs (FEEDs) for two critical infrastructure packages related to a multibillion-dollar liquefied natural gas (LNG) and carbon capture and storage (CCS) development project in Indonesia’s Masela block, operated by Inpex Masela
SOCAR spreads its wings into Africa’s oil & gas arena by coming aboard Eni’s project
The State Oil Company of the Republic of Azerbaijan (SOCAR) has entered Africa’s offshore energy realm by acquiring a stake in an oil and gas field development off the coast of Côte d’Ivoire.
New contracts for Vallourec in Brazil and Greece for oil & gas and CO2 storage
French provider of tubular solutions Vallourec has won a contract with Subsea7 to supply carbon steel seamless line pipe and thermal insulation coating for Petrobras’ Sepia 2 project in the pre-salt Santos Basin offshore Brazil. The award, described as major, will see Vallourec supply approximately
Technip Energies picks up assignment on Mexican LNG project
French-based engineering player Technip Energies has been hired to work on a liquefied natural gas (LNG) export terminal in Guaymas, Sonora, on Mexico’s West Coast.
Expansion move puts US LNG project on path for almost twofold capacity boost
America’s integrated gas and liquefied natural gas (LNG) company Caturus, controlled by the energy-focused alternative investment manager Kimmeridge and supported by investments from Mubadala Energy and Canada Pension Plan Investment Board (CPP Investments), has taken steps to nearly double the plan
Petrobras widens its African offshore portfolio with multiple blocks in Côte d’Ivoire
Petrobras Netherlands B.V. (PNBV), a subsidiary of Brazil’s state-owned energy giant Petrobras, has expanded its offshore footprint with exploration blocks located in the Republic of Côte d’Ivoire.
Decade-long Côte d’Ivoire FSRU deals expand Exmar’s West African LNG footprint
Belgian shipping company Exmar has penned multi-year agreements with Côte d’Ivoire Energies (CI-Energies) and Société Nationale d’Opérations Pétrolières de la Côte d’Ivoire (Petroci) to provide and operate a 152,000-cubic-meter (cbm) floating storage and regasification unit (FSRU) at the Port of Abi
Lamprell joins ‘major’ offshore EPCI project in UAE
A consortium of Lamprell and Larsen & Toubro (L&T) has secured a contract for an offshore engineering, procurement, construction and installation (EPCI) project in the UAE, described as major. The project includes the development of multiple offshore facilities and upgrades to existing infrastructur
Halliburton bags Eni’s deepwater bundle as Eastern Mediterranean gas buildout continues
U.S.-headquartered oilfield services player Halliburton has secured a multi-year contract with Italy’s energy giant Eni to provide bundled well construction and completions services for an ultra-deepwater development in Cyprus, expanding its presence in the Eastern Mediterranean.
TechnipFMC picks up multimillion-dollar subsea scope for Petronas’ deepwater project
UK-headquartered energy technology provider TechnipFMC has been tasked with an integrated engineering, procurement, construction, and installation (iEPCI) assignment for the development of a long-delayed deepwater project off the coast of Sabah, Malaysia.
Southeast Asia’s hydrocarbon push: Valeura hits oil pay, eyes new satellite development
Southeast Asia’s hydrocarbon sector has gained fresh momentum as Canadian oil and gas company Valeura Energy struck an oil discovery near its existing offshore field in the Gulf of Thailand, potentially supporting a new satellite development while extending the productive life of existing infrastruc
FSRU docks in Stade as LNG terminal prepares to feed gas into German grid from November
A 294-meter floating storage and regasification unit (FSRU) has arrived at the new liquefied natural gas (LNG) terminal in Stade, marking the start of commissioning preparations and bringing the facility a step closer to operations, with gas feed-in to Germany’s grid expected from November.
Fore-accommodation LNG carrier with four Wind Challenger sails clears LR design appraisal
A new liquefied natural gas (LNG) carrier design that moves the accommodation block and bridge to the bow to make room for four wind-assisted sails has cleared a key technical milestone, with Lloyd’s Register, a maritime classification society, affirming technical readiness of the HD Hyundai Heavy I
Verlume and SubCtech join forces to power up integrated subsea ops
UK-headquartered subsea power specialist Verlume and German marine technology company SubCtech are pooling resources to develop and deliver integrated subsea power solutions for offshore energy and defense applications.