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Borr Drilling’s Mexican JV closer to being five rigs richer as sale clears regulatory hurdle

Bermuda-headquartered Paratus Energy Services has picked up clearance for the divestment of drilling operations and jack-up fleet belonging to Fontis Finance, an indirect subsidiary, which is divesting its assets to Proyectos Globales de Energía y Servicios CME (CME) and BC Ventures, a 50/50 joint venture between subsidiaries of Bermuda-based Borr Drilling and CME as its long-term well construction partner in Mexico. The post Borr Drilling’s Mexican JV closer to being five rigs richer as sale clears regulatory hurdle appeared first on Offshore Energy.

Baker Hughes brings Chart into its fold, boosting industrial and energy market capabilities

U.S.-headquartered energy technology giant Baker Hughes has wrapped up the buyout of Chart Industries, strengthening its energy and industrial technology arsenal, with further growth anticipated to come from natural gas, data centers, and energy transition undertakings. The post Baker Hughes brings Chart into its fold, boosting industrial and energy market capabilities appeared first on Offshore Energy.

Argent LNG, Naftogaz pool resources to look into multi-path LNG supply and distribution

Argent LNG, a U.S.-based liquefied natural gas (LNG) export developer headquartered in Louisiana, has signed off on a cooperation with Ukraine’s state-owned energy company Naftogaz Group to establish a framework agreement to explore long-term U.S. LNG offtake, transportation, and distribution cooperation serving Ukraine and Central, Eastern, and Southern European markets. The post Argent LNG, Naftogaz pool resources to look into multi-path LNG supply and distribution appeared first on Offshore Energy.

GTT’s new LR-approved NO96 criteria expand LNG carrier design flexibility

French technological containment specialist Gaztransport & Technigaz (GTT) has secured the green light from the UK-based classification society Lloyd’s Register (LR) for new NO96 elongation criteria, opening the door to more optimized liquefied natural gas (LNG) carrier (LNGC) structures, widening LNG ship design flexibility. The post GTT’s new LR-approved NO96 criteria expand LNG carrier design flexibility appeared first on Offshore Energy.

CB&I staying on at North Sea platform to support EnQuest with UK asset’s end of life scope

CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has been tasked with handling segments beyond late-life asset management to deliver cessation of production (COP) and facilitate decommissioning of a platform in the UK sector of the North Sea. The post CB&I staying on at North Sea platform to support EnQuest with UK asset’s end of life scope appeared first on Offshore Energy.