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Gas production boost coming up next on giant Black Sea field’s horizon

Trillion Energy is a day away from resuming activities to put all the required puzzle pieces in place to increase and maintain natural gas production at its huge gas field in the Black Sea off the coast of Türkiye, thanks to a gas lift compressor system. The post Gas production boost coming up next on giant Black Sea field’s horizon appeared first on Offshore Energy.

Langh Ship gets €35M from KfW IPEX for 2 eco-friendly feeder ships

Germany’s KfW IPEX-Bank has decided to finance the newbuilding program of Finnish shipping company Langh Ship by providing €35 million for two eco-friendly 1,200 TEU containerships. The post Langh Ship gets €35M from KfW IPEX for 2 eco-friendly feeder ships appeared first on Offshore Energy.

US throws off the regulatory shackles of red tape snags to unlock LNG export bonanza

The U.S. Department of Energy (DOE) has set its mind on freeing its liquefied natural gas (LNG) industry from the burden of regulatory barriers standing in the way of unleashing an LNG export boom by moving beyond the setback it perceives to stem from Biden-era policy requirements. The post US throws off the regulatory shackles of red tape snags to unlock LNG export bonanza appeared first on Offshore Energy.

Sempra divesting ‘non-core’ assets to focus on US utilities

North America’s energy company Sempra has decided to sell one subsidiary and divest a minority stake in another one to simplify its portfolio and support the growth of its Texas and California utilities. The post Sempra divesting ‘non-core’ assets to focus on US utilities appeared first on Offshore Energy.