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Third train on the cards for LNG project, unleashing more Australian gas

A new train is in the pipeline for a liquefied natural gas (LNG) project off the northwest coast of Western Australia (WA), following a recent strategic partnership between Japan’s Inpex and Texas-based Formentera to accelerate development of a project by leveraging U.S. shale technology and expertise to unlock what is deemed to be one of the world’s most promising new shale gas resources. The post Third train on the cards for LNG project, unleashing more Australian gas appeared first on Offshore Energy.

Azule Energy offloads stakes in two blocks offshore Angola

Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has sealed a deal to divest its interests in two blocks off the coast of Angola. The post Azule Energy offloads stakes in two blocks offshore Angola appeared first on Offshore Energy.

Venture Global and Edison put LNG arbitration battle behind them

Against the backdrop of the geopolitical upheaval caused by the Middle East conflict, Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has resolved its arbitration dispute with Edison regarding its LNG facility in Louisiana, United States. The post Venture Global and Edison put LNG arbitration battle behind them appeared first on Offshore Energy.

Go-ahead for North Sea drilling ops with Saipem’s rig

Norwegian authorities have given the all-clear for drilling activities Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NCS), with a rig owned by Saipem, an Italian engineering, drilling, and construction services giant. The post Go-ahead for North Sea drilling ops with Saipem’s rig appeared first on Offshore Energy.

Middle East conflict halts more offshore drilling ops as another rig owner confirms temporary suspensions

Arabian Drilling, said to be Saudi Arabia’s largest onshore and offshore drilling company by fleet size, has revealed temporary suspensions for some offshore rigs in the Arabian Gulf, as its land fleet remains unaffected by the ongoing conflict in the Middle East. The post Middle East conflict halts more offshore drilling ops as another rig owner confirms temporary suspensions appeared first on Offshore Energy.