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Italian firm dips its toes into LNG market by joining 25 mtpa project in Louisiana

Italy’s Tecnimont, Maire’s company focused on integrated engineering & construction (IE&CS) business, has made its first foray into the liquefied natural gas (LNG) market with a strategic deal with Argent LNG, a U.S.-based energy company dedicated to developing LNG export solutions, to participate as an integrated engineering service provider in the development of an LNG export project in Port Fourchon, Louisiana. The post Italian firm dips its toes into LNG market by joining 25 mtpa project in Louisiana appeared first on Offshore Energy.

European nations back push for green hydrogen in shipping and aviation | Europe

European countries are to sign the Hamburg Declaration, which aims to spur green hydrogen and clean fuel use in global shipping and aviation. The declaration will be signed by energy ministers from the UK, Belgium, Denmark, France, Germany, Iceland, Ireland, Luxembourg, the Netherlands and Norway. The declaration emphasises building international markets, ensuring secure supply chains, and setting standards for hydrogen-based technologies. Specific areas of collaboration include the development of green shipping corridors, research and development, knowledge sharing and capacity building, and economic and financial partnership. A key element will see the construction of an offshore wind power grid in the North Sea. Nick Mabey, CEO of European climate change think tank E3G, said the announcement represents a turning point in the development of offshore wind. “Its security and economic resilience opportunity for all countries involved… Read More »European nations back push for green hydrogen in shipping and aviation | Europe

Noble scores $1.3 billion in rig deals and enters Norway’s floater drilling scene

U.S.-headquartered offshore drilling contractor Noble Corporation has picked up new assignments for nine drilling rigs in its fleet, including a job for one of its semi-submersible units, which enables it to make its entrance into the Norwegian harsh environment floater market. The post Noble scores $1.3 billion in rig deals and enters Norway’s floater drilling scene appeared first on Offshore Energy.

Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays

As global energy security concerns keep the demand for oil and gas alive, Malaysia’s Velesto Energy, owner of premium jack-up rigs and hydraulic work-over units, has dived into its expectations for 2026, highlighting its belief that the jack-up rig market will remain on stable ground during the year, enabling it to pursue new drilling assignments, with Malaysia and Southeast Asia at the heart of the firm’s growth quest. The post Exclusive interview: Velesto sets its sights on Malaysia and Southeast Asia gas drilling plays appeared first on Offshore Energy.

First oil & gas well in US Gulf now online, second set to follow suit shortly

Beacon Offshore Energy, a Texas-based exploration and production company, has brought its initial well on stream at a field in the Gulf of America (the U.S. Gulf of Mexico) and drilled another one, which is anticipated to begin production by the end of the first quarter of 2026. The post First oil & gas well in US Gulf now online, second set to follow suit shortly appeared first on Offshore Energy.