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SBM Offshore’s FPSO deal with ExxonMobil opens FEED gate for Guyana’s oil project

SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has been entrusted with the front end engineering and design (FEED) studies for a floating production, storage, and offloading (FPSO) vessel destined to be deployed at an oil project, which ExxonMobil Guyana, an affiliate of the U.S.-headquartered energy giant ExxonMobil, is set on developing in the Stabroek block off the coast of Guyana. The post SBM Offshore’s FPSO deal with ExxonMobil opens FEED gate for Guyana’s oil project appeared first on Offshore Energy.

Fresh LNG gig in Africa lands on Spanish player’s worksheet

Spain’s Reganosa has lined up a new job at a future liquefied natural gas (LNG) import terminal in Senegal, Africa. As a result, the firm will supervise the construction of this LNG terminal in Dakar. The post Fresh LNG gig in Africa lands on Spanish player’s worksheet appeared first on Offshore Energy.

$4 billion LNG lawsuit going ahead as arbitration starts

Sinolam International, a Singapore-based investment company focused on oil, gas, and power investments in emerging markets in Asia and Latin America, has decided to move forward with a lawsuit related to Panama’s liquefied natural gas (LNG)-to-power market by submitting an arbitration request under the International Centre for Settlement of Investment Disputes (ICSID) Convention against the Republic of Panama in connection with the cancellation of a license for a major gas-fired power generation project. The post $4 billion LNG lawsuit going ahead as arbitration starts appeared first on Offshore Energy.

Two more wells in Brazilian waters coming online soon

Brazilian oil and gas company PRIO, formerly known as PetroRio, has confirmed its timeline for the start-up of production from two remaining wells at a field in the Campos basin located off the coast of Brazil. The post Two more wells in Brazilian waters coming online soon appeared first on Offshore Energy.

BP and ADNOC’s JV ready to kick off Mediterranean gas hunt with Valaris rig

Arcius Energy, an affiliate of the UK-headquartered BP and the UAE’s ADNOC, has set the stage to embark on a multi-well drilling campaign off the coast of Egypt with a drillship owned by Valaris, an offshore drilling contractor. The post BP and ADNOC’s JV ready to kick off Mediterranean gas hunt with Valaris rig appeared first on Offshore Energy.