Skip to content

Eni, Petronas give birth to Southeast Asia’s energy player with $20 billion five-year investment plan

Searah, a new 50/50 independent joint venture between Eni and Petronas combining key businesses across Indonesia and Malaysia, has been created as Southeast Asia’s new independent integrated energy company, with a portfolio of 19 gas-producing and development assets. The post Eni, Petronas give birth to Southeast Asia’s energy player with $20 billion five-year investment plan appeared first on Offshore Energy.

Noble’s giant semi-sub rig scores new drilling gig with BP in UK waters

Noble Corporation, a U.S.-based offshore drilling giant, has lined up a new multi-well drilling assignment for one of its semi-submersible rigs with the UK-headquartered energy giant BP on the UK Continental Shelf (UKCS). The post Noble’s giant semi-sub rig scores new drilling gig with BP in UK waters appeared first on Offshore Energy.

Viridien, Aker BP forge OBN seismic pact to advance exploration in Norwegian waters

France-based geophysical services company Viridien, formerly known as CGG, has joined forces with Norway’s oil and gas player Aker BP to bolster hydrocarbon search by enhancing multi-client ocean bottom node (OBN) seismic data acquisition, imaging, and technology development on the Norwegian Continental Shelf (NCS). The post Viridien, Aker BP forge OBN seismic pact to advance exploration in Norwegian waters appeared first on Offshore Energy.

African oil field turns production switch back on after FPSO refurbishment

Houston-based energy player Vaalco Energy has brought back online a field off the coast of Côte d’Ivoire, following an overhaul to extend the lifespan of a floating production, storage, and offloading (FPSO) vessel deployed at the African asset. The post African oil field turns production switch back on after FPSO refurbishment appeared first on Offshore Energy.

Technip Energies’ assignment on Eni’s African FLNG bringing in above €1 billion

French-based engineering player Technip Energies has shed light on the revenue value for its scope of work on a second floating liquefied natural gas (FLNG) facility on an LNG project in Mozambique, operated by Mozambique Rovuma Venture (MRV), an Eni-led joint venture (JV). The post Technip Energies’ assignment on Eni’s African FLNG bringing in above €1 billion appeared first on Offshore Energy.

Consortium eyes next-gen AI-powered wave energy infrastructure

Israel-headquartered developer Eco Wave Power is engaged in talks with Florida Atlantic University (FAU) and the University of Michigan to explore the development of artificial intelligence (AI)-driven wave energy applications, WaveGPT, and next-generation wave-powered coastal data center infrastructure designed to support the rapidly growing energy demands of AI. The post Consortium eyes next-gen AI-powered wave energy infrastructure appeared first on Offshore Energy.

Asian player enters South America with multi-year job for Argentina LNG project

Adani Ports and Special Economic Zone (APSEZ), India’s largest integrated transport utility that is part of the globally diversified Adani Group, has won a decade-long marine services contract for Argentina’s first liquefied natural gas (LNG) export, marking its entry into South America and expanding its international marine services footprint. The post Asian player enters South America with multi-year job for Argentina LNG project appeared first on Offshore Energy.

New CEO taking the reins at Sempra Infrastructure

Sempra Infrastructure, a subsidiary of North America’s energy infrastructure company Sempra, has revealed the name of its incoming Chief Executive Officer (CEO), who will be at the helm of the company upon completion of a KKR-led consortium’s acquisition of a majority ownership interest. The post New CEO taking the reins at Sempra Infrastructure appeared first on Offshore Energy.

Oxy taking minor stake in ExxonMobil’s Caribbean ultra-deepwater block

Houston-headquartered energy player Occidental (Oxy) has secured the go-ahead from Trinidad and Tobago to join U.S. energy giant ExxonMobil in an ultra-deepwater exploration block in the Caribbean’s southernmost archipelagic country. The post Oxy taking minor stake in ExxonMobil’s Caribbean ultra-deepwater block appeared first on Offshore Energy.