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TGS, BGP, Staatsolie embark on seismic survey to map oil & gas deposits in shallow waters

Norwegian/American energy data and intelligence player, Tomlinson Geophysical Services (TGS), has kicked off a seismic survey in the shallow offshore area off the coast of Saramacca and Coronie to find oil and gas reserves as part of a joint project with Suriname’s national oil company (NOC) Staatsolie Maatschappij Suriname (Staatsolie), the Chinese Bureau of Geophysical Prospecting (BGP Offshore).  The post TGS, BGP, Staatsolie embark on seismic survey to map oil & gas deposits in shallow waters appeared first on Offshore Energy.

Round-up: New oil & gas discoveries take center stage as LNG momentum grows

As the offshore energy sector sees advancements in exploration, infrastructure expansion, LNG diversification, and carbon management initiatives, new discoveries in Norway reinforce the ongoing oil and gas dominance. International players, such as Shell, Equinor, Chevron, and Petrobras are reshaping portfolios through joint ventures, divestments, and capex commitments. The post Round-up: New oil & gas discoveries take center stage as LNG momentum grows appeared first on Offshore Energy.

Eni pens decade-long LNG offtake deal with Thai player

Italy’s energy giant Eni has won a new multi-year liquefied natural gas (LNG) agreement with Gulf Development Company, said to be one of Thailand’s largest private power producers. The post Eni pens decade-long LNG offtake deal with Thai player appeared first on Offshore Energy.

20-year offtake lands on LNG project’s table in Lone Star State

Texas LNG, a subsidiary of Glenfarne Energy Transition, has secured an offtake deal with Macquarie Energy, a subsidiary of Macquarie Group, for a liquefied natural gas (LNG) export facility to be constructed in the Port of Brownsville, Texas. The post 20-year offtake lands on LNG project’s table in Lone Star State appeared first on Offshore Energy.

Denmark pushes back bid submission for piece of $4.59 billion carbon capture and storage pie

The Danish Energy Agency has postponed the deadline for its carbon capture and storage (CCS) tendering procedure, which enables interested companies to get a slice of the DKK 28.7 billion ($4.59 billion) funding cake earmarked to lend Denmark a helping hand in achieving its climate neutrality vision. The post Denmark pushes back bid submission for piece of $4.59 billion carbon capture and storage pie appeared first on Offshore Energy.

Red Sea poised for container ships’ return with CMA CGM’s full-loop service via Suez Canal

Xeneta, an ocean and air freight rate benchmarking and market analytics platform transforming the shipping and logistics industry, is convinced that the return of container ships to the Red Sea is edging closer, as France’s shipping giant CMA CGM, as a major carrier, reveals a new full-loop service via Suez Canal. The post Red Sea poised for container ships’ return with CMA CGM’s full-loop service via Suez Canal appeared first on Offshore Energy.

Petrobras and Shell up their stakes in pre-salt oil projects offshore Brazil

A consortium, consisting of Brazil’s state-owned energy giant Petrobras and Shell Brasil Petróleo, a subsidiary of the UK-headquartered Shell, has secured additional equity in two pre-salt oil projects in Brazilian waters following an auction led by Pré-Sal Petróleo (PPSA). The post Petrobras and Shell up their stakes in pre-salt oil projects offshore Brazil appeared first on Offshore Energy.

Seven-year gas supply deal is a go as Puerto Rico backs it up

U.S. energy infrastructure player New Fortress Energy (NFE) has received the go-ahead for its multi-year gas supply arrangement with the government of Puerto Rico, which will allow it to provide liquefied natural gas (LNG) to the Caribbean nation. The post Seven-year gas supply deal is a go as Puerto Rico backs it up appeared first on Offshore Energy.

Double win for Equinor in North Sea as two gas and condensate discoveries spring up

Norway’s state-owned oil and gas giant Equinor has made two new discoveries of gas and condensate in the Sleipner area of the Norwegian sector of the North Sea, which it describes as its largest finds so far this year. The company claims that these discoveries can be developed for the European market through existing infrastructure. The post Double win for Equinor in North Sea as two gas and condensate discoveries spring up appeared first on Offshore Energy.