ExxonMobil South Africa LNG, an affiliate of U.S.-headquartered energy heavyweight ExxonMobil, has penned a heads of agreement (HoA) with a strategic partnership between Vopak Terminal Durban and Transnet Pipelines to advance the development of a liquefied natural gas (LNG) import terminal at the Port of Richards Bay, South Africa. The post ExxonMobil joins Vopak–Transnet JV to progress South Africa’s LNG import terminal appeared first on Offshore Energy.

South Korea’s Hanwha Ocean has signed a non-binding memorandum of understanding (MOU) with Kanata Clean Power & Climate Technologies Corp. to explore potential cooperation on a proposed development of a floating liquefied natural gas (FLNG) export project planned for Prince Rupert, British Columbia, Canada. The post $15.7 billion floating LNG project on Canada’s horizon as Kanata partners with Hanwha Ocean appeared first on Offshore Energy.

U.S.-headquartered energy giant Chevron has signed on the dotted line to acquire a majority stake and operatorship in a block off the coast of Greece, currently solely owned by Helleniq Energy, a Greek integrated energy player. The post Chevron joins Helleniq in Eastern Mediterranean offshore block appeared first on Offshore Energy.

Beacon Offshore Energy, a Texas-based exploration and production company, has advanced two projects by bringing online a second well at a field in the Gulf of America (the U.S. Gulf of Mexico) and drilling another at a different development, which is anticipated to achieve first oil by the end of 2026. The post US Gulf oil production flow another well richer with more to come before year-end appeared first on Offshore Energy.

Encomara’s floating wind installation technology, Squid, has received product design assessment (PDA) certification from […] The post Encomara’s subsea installation technology for floating wind gets ABS design approval appeared first on Offshore Energy.

Three joint venture (JV) partners – MOL Group, Repsol, and Türkiye Petrolleri A.O. (TPAO) – have signed a production sharing agreement (PSA) for an offshore exploration area in the Mediterranean Sea, off the coast of Libya. The post Trio sets the stage for Mediterranean Sea oil & gas exploration with North African PSA appeared first on Offshore Energy.

Norway’s oil and gas player Aker BP has set its cap on expanding the deployment of a digital shaker surveillance system technology across its contracted rig fleet on the Norwegian Continental Shelf (NCS) through its collaboration with DrillDocs, a provider of computer vision technology for drilling optimization. The post DrillDocs’ AI-driven tech gaining wider fleet adoption across Aker BP’s contracted rigs appeared first on Offshore Energy.

Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has signed on the dotted line with Chugach Electric Association to iron out a potential gas supply deal related to its liquefied natural gas (LNG) export development in Alaska. The post Chugach eyes gas from Alaska’s $44B LNG project with Glenfarne deal appeared first on Offshore Energy.

Dutch integrated subsea solutions service provider N-Sea Group has appointed former Chief Operating Officer […] The post New CEO takes over at N-Sea appeared first on Offshore Energy.

Offshore wind farms, energy islands, ports and proposed “Offshore Power Zones” could together form […] The post Offshore wind could help create ‘electric shipping highway’ across Europe, study says appeared first on Offshore Energy.