Skip to content

Brava Energia snaps up Petronas’ stakes in two Brazilian fields for $450 million

Brava Energia has set the wheels in motion to expand its footprint in the Campos Basin by acquiring interests Petronas Petróleo Brasil Ltda. (PPBL), a subsidiary of Malaysia’s energy giant Petronas, holds in two fields off the coast of Brazil. The post Brava Energia snaps up Petronas’ stakes in two Brazilian fields for $450 million appeared first on Offshore Energy.

20-year offtake deal with RWE in Texas LNG project’s bag

Texas LNG Brownsville, part of Glenfarne Group, has landed a new multi-year deal with RWE Supply & Trading, one of Europe’s energy companies, for liquefied natural gas (LNG) to be supplied from its export facility planned to be constructed in the Port of Brownsville, Texas. The post 20-year offtake deal with RWE in Texas LNG project’s bag appeared first on Offshore Energy.

Altera Infrastructure parts ways with FSO deployed on Asian oil field

Altera Infrastructure has struck a deal with Samos Energy Group, an energy investor, to divest a floating storage and offloading (FSO) unit, which is working at an oil field off the coast of Thailand, Southeast Asia. The post Altera Infrastructure parts ways with FSO deployed on Asian oil field appeared first on Offshore Energy.

MODEC places FPSO gig in DOF’s hands for ExxonMobil’s oil project offshore Guyana

DOF has secured a new assignment with Japan’s MODEC for a floating production, storage, and offloading (FPSO) vessel, which will work at an oil project operated by ExxonMobil Guyana, a subsidiary of the U.S.-headquartered ExxonMobil, off the coast of Guyana. The post MODEC places FPSO gig in DOF’s hands for ExxonMobil’s oil project offshore Guyana appeared first on Offshore Energy.

Another oil discovery emerges from Norwegian waters

Norway’s state-owned energy giant Equinor has made a new oil discovery in the Norwegian Sea, using one of COSL Drilling Europe’s semi-submersible rigs. The post Another oil discovery emerges from Norwegian waters appeared first on Offshore Energy.

Gas-fired generation for data centres ‘could double by 2035’ | Technology Gas News

Gas-fired generation for data centres could expand by around 30 bcm by 2030 and in high-growth scenarios, nearly double by 2035, equal to 60 bcm of incremental supply, according to a new report from the International Gas Union. Renewables are expected to provide about half of the data centres’ electricity consumption by 2030. However, their inherent variability creates a mismatch with the flat, round-the-clock load profile of data centres which requires not only more generation but also significantly more dispatchable capacity. Gas is well positioned to provide the bulk of additional, flexible, dispatchable supply, while contributing to decarbonisation goals, the report states. Gas-fired power remains competitive for dispatchable electricity generation. At moderate fuel prices, industry estimates put new combined-cycle Gas turbines costs in the $50 to 80 MWh range, cheaper than coal in many regions… Read More »Gas-fired generation for data centres ‘could double by 2035’ | Technology Gas News