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ExxonMobil pays $2.32 billion for Guyana-based FPSO, SBM Offshore remains in charge of ops

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, and ExxonMobil Guyana, a subsidiary of the U.S.-headquartered energy giant ExxonMobil, have wrapped up the change of ownership process for a floating production, storage, and offloading (FPSO) unit, which is deployed off the coast of Guyana. The post ExxonMobil pays $2.32 billion for Guyana-based FPSO, SBM Offshore remains in charge of ops appeared first on Offshore Energy.

15,066 blocks up for grabs in next US offshore oil & gas lease sale

The U.S. Bureau of Ocean Energy Management (BOEM) has taken further steps to conduct the second offshore oil and gas lease sale under the One Big Beautiful Bill Act, which encompasses thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales.   The post 15,066 blocks up for grabs in next US offshore oil & gas lease sale appeared first on Offshore Energy.

Drilling yields ‘non-significant’ gas shows, next Black Sea well to be spud soon

Southeastern Europe’s integrated energy player OMV Petrom and NewMed Energy Balkan, a subsidiary of Israel’s NewMed Energy, which have drilled a dry hole in the Bulgarian sector of the Black Sea, are weeks away from drilling another well. The post Drilling yields ‘non-significant’ gas shows, next Black Sea well to be spud soon appeared first on Offshore Energy.

Shell sheds minor stake in Brazil’s deepwater oil & gas project to Middle Eastern firm

Shell has struck a deal to offload a minor interest in an oil and gas development off the coast of Brazil to Energy Development Corporation (EDC), an affiliate of Kuwait Foreign Petroleum Exploration Company (KUFPEC), which is a subsidiary of Kuwait Petroleum Corporation (KPC). The post Shell sheds minor stake in Brazil’s deepwater oil & gas project to Middle Eastern firm appeared first on Offshore Energy.

Baker Hughes and Italian player team up to play ball on global LNG scene

Baker Hughes has banded together with Italy’s Tecnimont, Maire’s company focused on integrated engineering & construction (IE&CS) business, to explore prospective modularized, scalable liquefied natural gas (LNG) projects across the globe. The post Baker Hughes and Italian player team up to play ball on global LNG scene appeared first on Offshore Energy.