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Offtake talks move forward for Southeast Asia’s $20 billion LNG project

Japan’s exploration and production (E&P) company Inpex has shed light on the progress made in advancing discussions for liquefied natural gas (LNG) and pipeline gas offtake deals from a planned LNG project in Indonesia’s Masela block, which is seen as a way to fortify Southeast Asia’s energy security. The post Offtake talks move forward for Southeast Asia’s $20 billion LNG project appeared first on Offshore Energy.

BP, Inpex, CNOOC, and LNG Japan enrich oil & gas arsenal with new Southeast Asian blocks

UK-headquartered energy giant BP and its partners have penned three production sharing contracts (PSCs) for oil and gas blocks off the coast of Indonesia, Southeast Asia. The British player is also participating in another offshore block, which Japan’s Inpex offshore Eastern Java in Indonesia. The post BP, Inpex, CNOOC, and LNG Japan enrich oil & gas arsenal with new Southeast Asian blocks appeared first on Offshore Energy.

Equinor-Aker BP pact accelerating development of oil & gas discoveries

Two Norwegian energy players, Equinor and Aker BP, have forged a strategic alliance to augment future production and value creation across selected parts of their oil and gas portfolios on the Norwegian Continental Shelf (NCS), enabling them to better align ownership interests, support coordinated development, and enhance overall resource recovery. The post Equinor-Aker BP pact accelerating development of oil & gas discoveries appeared first on Offshore Energy.

Sea Lion eyes bigger bite with second FPSO deal to speed up oil uptick

With the first phase on track for start-up in 2028, an oil project in the North Falkland Basin (NFB) is looking into expediting a capacity boost through the development of subsequent phases in the Falkland Islands. The post Sea Lion eyes bigger bite with second FPSO deal to speed up oil uptick appeared first on Offshore Energy.

LNG Canada-bound vessel gets its name at Samsung Heavy Industries’ yard

Japanese shipping major Kawasaki Kisen Kaisha (K Line) has confirmed the naming ceremony for a newly built liquefied natural gas (LNG) vessel, which is destined for an LNG export terminal in Kitimat, British Columbia, Canada, operated by LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi. The post LNG Canada-bound vessel gets its name at Samsung Heavy Industries’ yard appeared first on Offshore Energy.

Yinson Production sets up shop in China to bolster project execution

Singapore’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has opened the doors of its new office in Shanghai to fortify and support closer collaboration with shipyards, suppliers, fabrication partners, and technology providers in China, while enhancing execution capabilities and responsiveness to serve clients in key energy markets. The post Yinson Production sets up shop in China to bolster project execution appeared first on Offshore Energy.