Nigeria is targeting a revival of deepwater investment with new tax incentives designed to unleash up to $50 billion in delayed oil and gas projects. The post Nigeria’s new tax breaks put $50 billion deepwater oil & gas projects back in play appeared first on Offshore Energy.
Sable Offshore, a Texas-headquartered oil and gas company, is set to resume oil production at its third platform off the California coast next month, marking the latest step in the company’s phased effort to bring its offshore operations back online. The post Sable eyes September restart for third oil platform in California waters appeared first on Offshore Energy.
French-based engineering player Technip Energies has been tasked with front-end engineering design (FEED) work for a liquefied natural gas (LNG) project off the coast of Malaysia, enabling it to bring to life Southeast Asia’s next LNG regasification terminal. The post Technip Energies shaping Malaysia’s new LNG import gateway with FEED in hand appeared first on Offshore Energy.
Cotemar, a global company and one of the leading providers of integrated services for […] The post Deploys Olympus and Artemis vessels to support strategic offshore operations in the Gulf of Mexico appeared first on Offshore Energy.
Wison Engineering, part of Wison Group, and Italy’s Tecnimont, Maire’s company focused on integrated engineering & construction (IE&CS) business, have been hired to undertake engineering, procurement, and construction (EPC) activities for the second and third phases of a gas project being developed by ADNOC Gas, a subsidiary of the United Arab Emirates-headquartered energy heavyweight Abu Dhabi National Oil Company (ADNOC). The post $13.2 billion gas project moves forward with ADNOC’s $8.2B EPC awards to Wison and Maire’s Tecnimont appeared first on Offshore Energy.
Swedish ocean energy developer Minesto has implemented organizational changes to further strengthen its ability […] The post Minesto reshapes organization to drive commercial expansion of tidal technology appeared first on Offshore Energy.
Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has lined up multiple new assignments and extensions of existing deals for its rig fleet off the coasts of Vietnam, Malaysia, Côte d’Ivoire (Ivory Coast), and the Netherlands. The post Seven Borr Drilling rigs find more work in Asia, Europe, and Africa appeared first on Offshore Energy.
Norwegian Shearwater GeoServices has received two letters of award (LOAs) from India’s government-owned Oil and […] The post Shearwater strengthens backlog with two large awards in India appeared first on Offshore Energy.
Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, has awarded TechnipFMC […] The post Eni-BP joint venture hires TechnipFMC for another project offshore Angola appeared first on Offshore Energy.
Angola’s state-owned oil company Sonangol has found more offshore black gold, augmenting the African country’s oil reserves. The post Fresh oil discovery strengthens Angola’s hydrocarbon arsenal appeared first on Offshore Energy.