BP has taken steps to expand its natural gas arsenal in the Mediterranean Sea by striking a deal with Egypt for a multi-well drilling campaign, which is expected to yield new finds that will prolong the lifespan of existing production facilities in the West Nile Delta. The post BP’s dash for gas: Five-well drilling campaign on Mediterranean’s horizon appeared first on Offshore Energy.
Owing to abundant wind, solar, and geothermal resources, Kenya is poised to establish competitive production of e-fuels, with the potential to supply domestic and international maritime demand, a new report by the Global Maritime Forum (GMF) highlighted. The post With right moves, Kenya to unlock competitive e-fuels production for maritime sector appeared first on Offshore Energy.
Pittsburgh-based EQT Corporation has signed a long-term sale and purchase agreement (SPA) with Commonwealth LNG, a firm controlled by the energy-focused alternative investment manager Kimmeridge, for liquefied natural gas (LNG) from the latter’s export facility under development on the Gulf Coast near Cameron, Louisiana. The post EQT’s LNG market momentum grows with new US supply deal appeared first on Offshore Energy.
Oslo-listed independent E&P company Panoro Energy has revealed the name of its new Chief Operating Officer (COO) and President, who will assist the firm in ushering in a new era of business growth and expansion. The post Perenco exec becomes Panoro’s COO as oil & gas player seeks further growth appeared first on Offshore Energy.
Singapore-based shipowner Eastern Pacific Shipping (EPS) has taken delivery of an environmentally friendly very […] The post Eastern Pacific Shipping receives eco-friendly VLGC from Samsung Heavy Industries appeared first on Offshore Energy.
Singapore-based gas carrier owner and operator BW Epic Kosan (BWEK) has signed an agreement with Spanish automated wind-assisted propulsion system specialist bound4blue for the installation of a 24-meter-tall suction sail on the 2007-built vessel Helena Kosan. The post bound4blue suction sail picked for BW Epic Kosan LPG carrier appeared first on Offshore Energy.
Solar power producer Generale du Solaire and French floating solar company Ciel & Terre […] The post France adds 20 MWp floating solar at former gravel pit site (Video) appeared first on Offshore Energy.
Norway’s VARD has cut the first steel for an offshore subsea construction vessel (OSCV) […] The post VARD cuts steel for Taiwan-bound subsea construction vessel appeared first on Offshore Energy.
Oslo-listed oil and gas E&P player BW Energy has moved forward with its plans for an oil field in the Campos Basin off the coast of Brazil, thanks to the completion of financing for the refurbishment of a floating production, storage, and offloading (FPSO) unit and a short-term lease of a development rig. The post Brazilian oil field’s story unfolds: Rig lease and multimillion-dollar financing of FPSO revamp in place appeared first on Offshore Energy.
The shares of ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), are set to be included in the international equity index FTSE Emerging Index, which is part of the FTSE Russell Global Equity Index Series (GEIS). The post $250M investment in sight as ADNOC Gas secures global index spot appeared first on Offshore Energy.