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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.

$2.3 billion LNG project breaks ground in Southeast Asia

SK Innovation, an affiliate of South Korean conglomerate SK Group, Vietnam’s state-run power company PV Power (PetroVietnam Power), and local partner NASU, an affiliate of TH Group, have held a groundbreaking ceremony for a liquefied natural gas (LNG) project, which is anticipated to support Vietnam’s industrial advancement through artificial intelligence (AI) infrastructure and community engagement initiatives. The post $2.3 billion LNG project breaks ground in Southeast Asia appeared first on Offshore Energy.

FSRU launch bringing Europe’s next terminal closer to completion

Poland’s gas transmission system operator (TSO), Gaz-System, has unveiled a new milestone in the construction of a new floating storage and regasification unit (FSRU), destined to be part of a liquefied natural gas (LNG) terminal located in the Gulf of Gdańsk. The post FSRU launch bringing Europe’s next terminal closer to completion appeared first on Offshore Energy.

UAE and India deepen energy ties with oil, LNG, LPG and storage deals

United Arab Emirates-headquartered energy heavyweight Abu Dhabi National Oil Company (ADNOC) has struck new strategic alliances with India-based energy partners, fortifying bonds between the UAE and India through agreements across crude oil, liquefied natural gas (LNG), and liquefied petroleum gas (LPG) supply and storage as well as strategic reserves. The post UAE and India deepen energy ties with oil, LNG, LPG and storage deals appeared first on Offshore Energy.

Karpowership upping Mexico’s energy ante with LNG-to-power project

Karpowership, Türkiye’s floating power solutions provider and owner and operator of powerships, is setting the stage to elevate the energy infrastructure game in Mexico’s Yucatán Peninsula with a project that will include a powership and a liquefied natural gas (LNG) terminal vessel (LNGTS). The post Karpowership upping Mexico’s energy ante with LNG-to-power project appeared first on Offshore Energy.