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Perenco exec becomes Panoro’s COO as oil & gas player seeks further growth

Oslo-listed independent E&P company Panoro Energy has revealed the name of its new Chief Operating Officer (COO) and President, who will assist the firm in ushering in a new era of business growth and expansion. The post Perenco exec becomes Panoro’s COO as oil & gas player seeks further growth appeared first on Offshore Energy.

bound4blue suction sail picked for BW Epic Kosan LPG carrier

Singapore-based gas carrier owner and operator BW Epic Kosan (BWEK) has signed an agreement with Spanish automated wind-assisted propulsion system specialist bound4blue for the installation of a 24-meter-tall suction sail on the 2007-built vessel Helena Kosan. The post bound4blue suction sail picked for BW Epic Kosan LPG carrier appeared first on Offshore Energy.

Brazilian oil field’s story unfolds: Rig lease and multimillion-dollar financing of FPSO revamp in place

Oslo-listed oil and gas E&P player BW Energy has moved forward with its plans for an oil field in the Campos Basin off the coast of Brazil, thanks to the completion of financing for the refurbishment of a floating production, storage, and offloading (FPSO) unit and a short-term lease of a development rig. The post Brazilian oil field’s story unfolds: Rig lease and multimillion-dollar financing of FPSO revamp in place appeared first on Offshore Energy.

$250M investment in sight as ADNOC Gas secures global index spot

The shares of ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), are set to be included in the international equity index FTSE Emerging Index, which is part of the FTSE Russell Global Equity Index Series (GEIS). The post $250M investment in sight as ADNOC Gas secures global index spot appeared first on Offshore Energy.

Gulf Coast LNG project’s Train 5 closer to FID as ConocoPhillips signs up for 20-year offtake

ConocoPhillips has struck a multi-year liquefied natural gas (LNG) deal with Houston-headquartered NextDecade Corporation, enabling the operator to secure sufficient commercial agreements for a positive final investment decision (FID) on the fifth train at its LNG export project in Texas, United States.  The post Gulf Coast LNG project’s Train 5 closer to FID as ConocoPhillips signs up for 20-year offtake appeared first on Offshore Energy.