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With $8.6 billion for next chapter, US LNG project has $20.7B financing in the bag

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has unveiled a final investment decision (FID) and closing of a multibillion-dollar project financing for the second phase of its third project in Louisiana, United States. The post With $8.6 billion for next chapter, US LNG project has $20.7B financing in the bag appeared first on Offshore Energy.

US scoops up nearly $47M in high bids for second Gulf of America oil & gas lease sale

The U.S. Bureau of Ocean Energy Management (BOEM) has held the second out of thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales under the One Big Beautiful Bill Act, gathering $46.9 million in high bids from multiple players, including BP, Chevron, Shell, LLOG, Walter Oil & Gas Corporation, Woodside Energy, Anadarko, Houston Energy, Red Willow Offshore, Navitas Petroleum, and CL&F Offshore. The post US scoops up nearly $47M in high bids for second Gulf of America oil & gas lease sale appeared first on Offshore Energy.

South Korean player taps France’s GTT for LNG carrier tank design

French technological containment specialist Gaztransport & Technigaz (GTT) has landed a new tank design job for a liquefied natural gas (LNG) carrier (LNGC) with South Korea’s shipbuilding and offshore engineering player HD Korea Shipbuilding & Offshore Engineering (HD KSOE). The post South Korean player taps France’s GTT for LNG carrier tank design appeared first on Offshore Energy.

Seadrill’s CCO steps into CEO role

Seadrill, an offshore drilling contractor, has decided to hand the Chief Executive Officer (CEO) position to its Chief Commercial Officer (CCO). The post Seadrill’s CCO steps into CEO role appeared first on Offshore Energy.