Russia’s energy giant Gazprom has received the blessing from its board of directors for its investment program and budget for next year, which is set at RUB 1.1 trillion (around $11 billion), a decrease from RUB 1.52 trillion (almost $15.22 billion) earmarked for 2025 and the spending of RUB 1.64 trillion (nearly $16.43 billion) for 2024. The post $11 billion investment agenda on Gazprom’s 2026 horizon appeared first on Offshore Energy.
The Beaumont New Ammonia (BNA) facility, located in southeast Texas, U.S., has produced its […] The post Texan facility produces its first ammonia appeared first on Offshore Energy.
As the dash for gas off the coast of Egypt continues to run unabated, the country’s Minister of Petroleum and Mineral Resources has visited the drilling site of the first well in the drilling program, Italy’s energy giant Eni is currently undertaking in the Gulf of Suez with a rig owned by Shelf Drilling, now part of ADES. The post Eni going full steam ahead with drilling campaign in Gulf of Suez appeared first on Offshore Energy.
A multibillion-dollar agreement for the export of natural gas from Israel to Egypt is locked and loaded, following the green light from the Israeli government. The post $35 billion gas export deal good to roll appeared first on Offshore Energy.
Petronas Suriname, a subsidiary of Malaysia’s state-owned oil and gas company Petronas, has crossed the finish line for the first in a multi-well drilling campaign off the coast of Suriname. The post First of four wells in drilling campaign offshore Suriname checked off the list appeared first on Offshore Energy.
MaresConnect, a 750 MW electricity interconnector that will link Ireland and Wales, has been […] The post Ireland-Wales interconnector officially marked as priority energy infrastructure project appeared first on Offshore Energy.
Türkiye’s state-owned Boru Hatları ile Petrol Taşıma Anonim Şirketi (BOTAŞ) has signed off on a long-term liquefied natural gas (LNG) agreement with Australia’s energy giant Woodside, which is expected to further diversify the energy mix and strengthen the security of supply for Türkiye. The post BOTAŞ and Woodside seal multi-year LNG deal appeared first on Offshore Energy.
Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has confirmed the arrival of a jack-up drilling rig to Southeast Asia, where it will embark on drilling activities next year. The post Drilling ops set for April: Rig ends nearly 13K-nautical mile journey from Europe to Asia appeared first on Offshore Energy.
The Blue Essence uncrewed surface vessel (USV) owned by the Netherlands-headquartered Fugro has completed […] The post Fugro’s Blue Essence USV performs its first remote survey offshore Germany appeared first on Offshore Energy.
U.S. energy player Cheniere Energy has tucked a new milestone under its belt at its liquefied natural gas (LNG) facility, with the substantial completion of the fourth train, which is part of its expansion project on the La Quinta Ship Channel, along the north shore of Corpus Christi Bay in Texas, United States. The post Fourth piece of Cheniere’s multibillion-dollar LNG puzzle crossing the finish line in Texas appeared first on Offshore Energy.