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Vantris Energy rakes in $441.8 million for Petronas and PTTEP offshore works in Malaysia

Offshore engineering specialist Vantris Energy has fortified its financial pipeline after clinching two major transportation and installation (T&I) deals worth a combined RM1.8 billion ($441.8 million) from Petronas Carigali, a subsidiary of Malaysia’s Petronas, and PTTEP HK Offshore and PTTEP Sarawak Oil, subsidiaries of Thailand’s PTTEP. The post Vantris Energy rakes in $441.8 million for Petronas and PTTEP offshore works in Malaysia appeared first on Offshore Energy.

Petrobras and ENH forge oil & gas partnership

Brazil’s state-owned energy giant Petrobras has shaken hands with Mozambique’s National Hydrocarbons Company (ENH) on a framework for bilateral cooperation across the oil and gas sector. The post Petrobras and ENH forge oil & gas partnership appeared first on Offshore Energy.

CNOOC keeping Worley busy on its North Sea assets for five more years

Australia’s engineering firm Worley has picked up a multi-year renewal of its assignment in the North Sea with CNOOC International, a subsidiary of China’s CNOOC, supporting the operator’s offshore operations on the UK Continental Shelf (UKCS). The post CNOOC keeping Worley busy on its North Sea assets for five more years appeared first on Offshore Energy.

Inpex beefs up stake in Australian LNG project

Japan’s exploration and production (E&P) company Inpex has moved to solidify its foothold in a liquefied natural gas (LNG) project off the northwest coast of Western Australia (WA), with its Australian subsidiaries taking steps to obtain an additional participating interest by exercising pre-emptive rights. The post Inpex beefs up stake in Australian LNG project appeared first on Offshore Energy.

North Sea appraisal ops up the oil & gas discoveries’ projected size

Three Norwegian oil and gas players – Aker BP, Equinor, and DNO – have carried out appraisal drilling activities on two hydrocarbon discoveries in the North Sea off the coast of Norway, raising the estimated size of these finds. The post North Sea appraisal ops up the oil & gas discoveries’ projected size appeared first on Offshore Energy.