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$44 billion LNG project in Alaska pulls off hat trick deal as new partner enters the scene

Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has taken new steps to bring to life its liquefied natural gas (LNG) export development in Alaska by ironing out a strategic partnership with Korea’s POSCO International Corporation, a core member of the POSCO Group. The post $44 billion LNG project in Alaska pulls off hat trick deal as new partner enters the scene appeared first on Offshore Energy.

$1.98 billion chapter to ‘world-class’ gas story coming up next off Australia

Chevron Australia, a subsidiary of the U.S. oil and gas giant Chevron, has decided to move forward with the third stage of development for its giant gas project off the northwest coast of Western Australia (WA) to support long-term local and regional energy security. The post $1.98 billion chapter to ‘world-class’ gas story coming up next off Australia appeared first on Offshore Energy.

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.