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British Columbia says yes to $1.14 billion LNG storage expansion

FortisBC has secured the endorsement from the British Columbia Utilities Commission (BCUC), an independent regulatory body regulating BC’s energy utilities, basic automobile insurance rates, and intra-provincial pipeline rates, for the proposed storage expansion of its existing liquefied natural gas (LNG) facility on Canada’s Tilbury Island to safeguard the energy security of British Columbia and strengthen its gas supply chain. The post British Columbia says yes to $1.14 billion LNG storage expansion appeared first on Offshore Energy.

Norwegian giant in the clear for drilling ops with COSL rig

Norway’s state-owned energy giant Equinor has secured a drilling permit for operations on the Norwegian Continental Shelf (NCS), which will be done with a semi-submersible rig owned by COSL Drilling Europe, an offshore drilling contractor. The post Norwegian giant in the clear for drilling ops with COSL rig appeared first on Offshore Energy.

Transocean rig just days shy of gas drilling search in Australian waters

ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, is only days away from hydrocarbon exploration activities in the Otway Basin off the coast of Australia, which will be undertaken by a semi-submersible rig owned by Transocean, an offshore drilling player. The post Transocean rig just days shy of gas drilling search in Australian waters appeared first on Offshore Energy.

Petrobras’ production boost work bears fruit as SBM Offshore FPSO hits record output flow

Petrobras has confirmed a new production milestone, as a floating production, storage, and offloading (FPSO) unit, owned by the Netherlands-based SBM Offshore, shatters output ceiling in a record-breaking run at a huge field in the pre-salt Santos Basin off the coast of Brazil. The post Petrobras’ production boost work bears fruit as SBM Offshore FPSO hits record output flow appeared first on Offshore Energy.