Brazilian state-owned energy heavyweight Petrobras has initiated a revenue stream with the first oil offloading from its eighth floating production, storage and offloading (FPSO) unit, which is working at a field in the Santos Basin off the coast of Brazil. The post Hanwha Ocean-built FPSO’s oil offloading opens revenue flows for Petrobras appeared first on Offshore Energy.

UK-based upstream oil and gas player Serica Energy has enhanced its long-term resource outlook by bringing to a close the acquisition of previously disclosed assets from the Netherlands-based exploration and production player ONE-Dyas. The post Serica’s North Sea expansion boost: Acquisition wrap-up ensures oil & gas portfolio growth appeared first on Offshore Energy.

EnQuest Petroleum Production Malaysia, a wholly owned subsidiary of London Stock Exchange-listed energy firm EnQuest, has set the wheels in motion to enlarge its oil and gas footprint in Southeast Asia through a proposed acquisition of interests in four production sharing contracts (PSCs) off the coast of Malaysia. The post EnQuest makes $833 million play to expand its Southeast Asian oil & gas arsenal appeared first on Offshore Energy.

Norwegian marine geoscience and technology company Shearwater GeoServices has picked up a new distributed acoustic sensing (DAS) seismic assignment in the Stabroek block off the coast of Guyana, thanks to a deal with ExxonMobil Guyana, a subsidiary of U.S.-headquartered energy giant ExxonMobil. The post ExxonMobil puts Shearwater on seismic duty offshore Guyana appeared first on Offshore Energy.

Scotland-headquartered engineering and design company T12 Engineering has finished its assembly and shipment scope for a major gravity-based subsea structure (GBS) by transporting it to Norway, completing what the firm describes as one of the largest projects it has delivered to date. The post Scottish player ships 60-ton subsea structure for Norwegian oil & gas playground appeared first on Offshore Energy.

Shell Namibia Upstream, a subsidiary of the UK-headquartered energy giant Shell, has found more oil in the Orange Basin off the coast of Namibia. The post Shell’s new oil discovery adds fuel to Namibia’s black gold rush appeared first on Offshore Energy.

Gasum, a Nordic gas sector and energy market player, and Ukraine’s state-owned energy company Naftogaz Group have secured long-term liquefied natural gas (LNG) capacity at Lithuania’s LNG terminal, operated by KN Energies (KN). The post Gasum, Naftogaz among those locking in multi-year capacity at Lithuanian LNG hub appeared first on Offshore Energy.

Alleima, a Sweden-headquartered manufacturer of high-value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating, has picked up a new multimillion-dollar assignment for subsea components that will be used to bring one of Indonesia’s major upcoming energy projects to life. The post Swedish firm gets nearly $105M order for subsea piece of Southeast Asian gas project appeared first on Offshore Energy.

Norwegian energy data and intelligence company TGS has been tasked with delivering a large-scale multi-client seismic product that will shed light on the exploration potential of Equatorial Guinea’s offshore basins. The post TGS unveiling Equatorial Guinea’s offshore basin prospectivity with major seismic dataset appeared first on Offshore Energy.

Germany’s Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four liquefied natural gas (LNG) terminals, has revealed the timeline for the commissioning of the European country’s next floating LNG terminal, which caps the state-funded floating storage and regasification unit (FSRU) rollout, emphasizing the LNG terminals’ importance for energy security and resilience. The post Germany’s energy network awaits September to ignite next LNG link in FSRU chain appeared first on Offshore Energy.