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Colombia upping regasification ante to tackle looming gas shortage

Colombia’s state-owned oil and gas company Ecopetrol has handed out a contract to compatriot Puertos, Inversiones y Obras (PIO) to provide regasification services in the country’s Pacific Coast area. The post Colombia upping regasification ante to tackle looming gas shortage appeared first on Offshore Energy.

WATCH: Yinson Production’s FPSO equipped with carbon capture tech sets off on deepwater testing mission

Yinson Production has seen its floating production, storage, and offloading (FPSO) vessel off as it left a Chinese shipyard for deepwater testing before making its way to Angolan waters, where it will work for Azule Energy, a joint venture between BP and Eni. The post WATCH: Yinson Production’s FPSO equipped with carbon capture tech sets off on deepwater testing mission appeared first on Offshore Energy.

Egypt puts more offshore acreage on offer in new oil & gas round

Egypt’s Ministry of Petroleum and Mineral Resources has launched a new licensing round encompassing offshore and onshore blocks to attract investments in the country’s oil and gas production and exploration. The post Egypt puts more offshore acreage on offer in new oil & gas round appeared first on Offshore Energy.

US firm to bring compatriot pump manufacturer into its fold for $2B

U.S.-based technology firm Honeywell has agreed to buy compatriot pump and compressor player Sundyne from private equity firm Warburg Pincus in an all-cash transaction. The post US firm to bring compatriot pump manufacturer into its fold for $2B appeared first on Offshore Energy.