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QatarEnergy’s CEO: Repairs on damaged LNG trains to take three years

While dismissing alternative pipeline routes as economically unviable, the Chief Executive Officer (CEO) of Qatar’s state-owned oil and gas giant QatarEnergy has highlighted that the country’s liquefied natural gas (LNG) player remains fully committed to maritime transit through the Strait of Hormuz, even as facility repairs following recent attacks at Ras Laffan Industrial City face a multi-year timeline. The post QatarEnergy’s CEO: Repairs on damaged LNG trains to take three years appeared first on Offshore Energy.

Australian oil & gas firm makes its first foray into Liberia’s deepwater arena

In a move designed to capitalize on renewed global industry interest in oil and gas exploration due to traditional supply chain woes and surging energy demand, Bounty Oil & Gas, an independent Australian oil and gas explorer and producer, has taken a step to widen its portfolio with the acquisition of PetroQuest Liberia Deep Water, which opens the door to a deepwater exploration block in the Harper Basin off the coast of Liberia. The post Australian oil & gas firm makes its first foray into Liberia’s deepwater arena appeared first on Offshore Energy.

Navitas forges ahead in South Africa as it wraps up offshore acquisition

Israel’s Navitas Petroleum has brought into its fold a stake in a block off the coast of South Africa through a deal with Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin.   The post Navitas forges ahead in South Africa as it wraps up offshore acquisition appeared first on Offshore Energy.

Southeast Asian offshore project crosses FID threshold in fast-track move to first gas

PTTEP Energy Development Company, a subsidiary of PTT Exploration and Production Public Company (PTTEP), and Canada-headquartered Valeura Energy have taken a final investment decision (FID) to move forward with an initial gas development at an offshore natural gas field in Block G3/65 located in the Gulf of Thailand. The post Southeast Asian offshore project crosses FID threshold in fast-track move to first gas appeared first on Offshore Energy.

TotalEnergies, Staatsolie and APA advancing $12.2B oil project ahead of 2027 drilling ops

As large-scale production components stack up at the Kuldipsingh Port Facility (KPF), representatives of France’s energy giant TotalEnergies and Surinamese officials have met to discuss the progress on a multibillion-dollar deepwater oil project in Block 58 off the coast of Suriname, confirming that the offshore development remains firmly on track for its first oil production in 2028. The post TotalEnergies, Staatsolie and APA advancing $12.2B oil project ahead of 2027 drilling ops appeared first on Offshore Energy.