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Middle East sends its calling card to GMS’ large-class vessel

Gulf Marine Services (GMS), a UAE-headquartered provider of self‐propelled, self‐elevating support vessels for the offshore energy sector, has landed a new long-term assignment for one of its large‐class vessels in the Middle East. The post Middle East sends its calling card to GMS’ large-class vessel appeared first on Offshore Energy.

Petronas and CNOOC fortify energy bonds with LNG offtake

Petronas LNG, a subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, and CNOOC Gas and Power Singapore Trading & Marketing, an affiliate of Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC), have expanded their existing relationship by striking a liquefied natural gas (LNG) deal, said to support China’s dual carbon ambitions and reinforce the Malaysian firm’s role as a reliable LNG partner in Asia. The post Petronas and CNOOC fortify energy bonds with LNG offtake appeared first on Offshore Energy.

Wheels up for CB&I to bring Petrofac’s Asset Solutions business into its fold

CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has made a play for Petrofac’s Asset Solutions business, a provider of operations, maintenance and decommissioning services for onshore and offshore energy assets. This move is expected to enable the buyer to diversify and enlarge its footprint through integrated solutions, earnings growth, and geographic expansion. The post Wheels up for CB&I to bring Petrofac’s Asset Solutions business into its fold appeared first on Offshore Energy.

Gas field charting its development course as Aphrodite embarks on FEED journey

Chevron Cyprus, a subsidiary of the U.S.-headquartered oil major Chevron, and its partners, BG Cyprus (Shell) and NewMed Energy, have decided to move forward with a front-end engineering design (FEED) work for an offshore gas field reservoir in Block 12, located in the Eastern Basin of the Mediterranean Sea. The post Gas field charting its development course as Aphrodite embarks on FEED journey appeared first on Offshore Energy.