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First gas on track before 2026 ends with Southeast Asian project’s subsea ops in full swing

With subsea installation works underway, Prime Energy Resources Development (Prime Energy), a subsidiary of Prime Infrastructure Capital, is putting all the required pieces in place to bring the next stage of its natural gas project online off the coast of the Philippines. The post First gas on track before 2026 ends with Southeast Asian project’s subsea ops in full swing appeared first on Offshore Energy.

Brazilian firm picks new COO after previous one steps down

Brazilian oil and gas company PRIO, formerly known as PetroRio, has unveiled the identity of its new Chief Operating Officer (COO), following the resignation of the previous COO. The post Brazilian firm picks new COO after previous one steps down appeared first on Offshore Energy.

New gas storage license on the horizon for UK’s integrated energy storage project

England-based energy transition-focused player EnergyPathways is awaiting the award of a gas storage license (GSL) from the North Sea Transition Authority (NSTA) in connection with the firm’s flagship energy storage project off the Cumbria coast in the East Irish Sea. The post New gas storage license on the horizon for UK’s integrated energy storage project appeared first on Offshore Energy.

Transocean’s $5.8 billion merger with Valaris pending US antitrust clearance

Switzerland-based offshore drilling contractor Transocean’s business combination with the Bermuda-incorporated Valaris is facing extended antitrust scrutiny, as the offshore drilling giants’ merger request is under review with the Federal Trade Commission and the Antitrust Division of the United States Department of Justice (DOJ). The post Transocean’s $5.8 billion merger with Valaris pending US antitrust clearance appeared first on Offshore Energy.