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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.

Worley confirms deals with Venture Global in US and Equinor in Norway

Worley has corroborated the award of two assignments with Norway’s state-owned energy giant Equinor for oil and gas assets on the Norwegian Continental Shelf (NCS) and Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, for a second phase of an LNG export project in Louisiana, United States. The post Worley confirms deals with Venture Global in US and Equinor in Norway appeared first on Offshore Energy.

TotalEnergies bolsters its oil & gas bond with Kuwait’s oil player

France’s energy giant TotalEnergies has joined forces with Kuwait Oil Company (KOC), a subsidiary of the state-owned Kuwait Petroleum Corporation (KPC), to strengthen their cooperation, exchange expertise, and conduct technical studies. The post TotalEnergies bolsters its oil & gas bond with Kuwait’s oil player appeared first on Offshore Energy.

$11 billion US Gulf Coast project brokers 20-year LNG and gas deals with Mercuria

Mercuria, an independent energy and commodity trader, has hammered out a liquefied natural gas (LNG) sale and gas supply agreements with an LNG export project under development in Louisiana, which is being brought to life by America’s integrated gas and LNG company Caturus, controlled by the energy-focused alternative investment manager Kimmeridge and comprising Caturus Energy (formerly Kimmeridge Texas Gas) and Commonwealth LNG. The post $11 billion US Gulf Coast project brokers 20-year LNG and gas deals with Mercuria appeared first on Offshore Energy.