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.
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.
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.
North east Scotland-based IKM Testing UK has been appointed to deliver pipeline pre-commissioning services […] The post IKM Testing to gauge pipeline for first offshore CCS project in UK appeared first on Offshore Energy.
UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas has secured a license extension for a natural gas prospect off the coast of Ireland. The post License extension out of the way for Irish gas prospect as partner hunt continues appeared first on Offshore Energy.
Canada-headquartered marine technology player Kraken Robotics is set to acquire the UK’s Covelya Group, […] The post Kraken Robotics buying Sonardyne and EIVA’s parent company for $615 million appeared first on Offshore Energy.
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.
The United Kingdom (UK) has made a move to designate British shipbuilding, steel, artificial intelligence (AI), and energy infrastructure as priority sectors for government contracts, as these are perceived to be key industries required to ensure national security. The post UK spotlights British steel, AI, shipbuilding, and energy infrastructure as priority for govt deals appeared first on Offshore Energy.
Tokyo Stock Exchange-listed Shizuoka Gas has decided to widen its liquefied natural gas (LNG) footprint with an investment in MidOcean Energy, an LNG player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG). The post Another Japanese firm invests millions into EIG’s LNG business appeared first on Offshore Energy.
Brazilian state-owned energy giant Petrobras has made a new oil discovery in the pre-salt of the Campos Basin off the coast of Brazil. The post Petrobras augments oil arsenal as it strikes black gold in Brazilian waters appeared first on Offshore Energy.