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Subsea7, OneSubsea take on multimillion-dollar job at ExxonMobil’s Angolan oil project

Subsea Integration Alliance (SIA), comprising SLB OneSubsea and Subsea7, has been tasked by U.S.-headquartered energy giant ExxonMobil with the engineering, procurement, construction, and installation (EPCI) scope of work at an oil project in Block 15 off the coast of Angola. The post Subsea7, OneSubsea take on multimillion-dollar job at ExxonMobil’s Angolan oil project appeared first on Offshore Energy.

Higher oil prices put $80 billion more on Australia’s tax horizon

Australian Energy Producers (AEP), representing the country’s upstream oil and gas exploration and production industry, has pointed out that the findings of a recent report reinforce the benefits of Australia’s existing fiscal framework, including the Petroleum Resource Rent Tax (PRRT), with the spike in oil prices having the potential to boost federal and state budgets by $17 billion per year. The post Higher oil prices put $80 billion more on Australia’s tax horizon appeared first on Offshore Energy.

Green light for wellhead removal ops at Australian oil field

AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has received a stamp of approval for its environmental plan (EP) from the country’s offshore regulator for wellhead removal activities at its oil field off the coast of Australia. The post Green light for wellhead removal ops at Australian oil field appeared first on Offshore Energy.

Re-entry into Asian LNG project bolsters Eneos’ energy bonds with Petronas

Malaysia’s state-owned oil and gas heavyweight Petronas has shaken hands with Eneos Explora, a subsidiary of Japan’s Eneos Group, on a deal that will enable the latter to rejoin a liquefied natural gas (LNG) project that receives gas from offshore fields in Malaysian waters. The post Re-entry into Asian LNG project bolsters Eneos’ energy bonds with Petronas appeared first on Offshore Energy.

US gas producer pens 20-year offtake with LNG project in Louisiana

Expand Energy, a U.S. independent natural gas producer formed from the merger of Chesapeake Energy and Southwestern Energy in 2024, has signed on the dotted line for a multi-year liquefied natural gas (LNG) offtake with Delfin FLNG 1 in relation to the first floating LNG (FLNG) unit destined to be deployed at an American LNG project under development in Louisiana, United States. The post US gas producer pens 20-year offtake with LNG project in Louisiana appeared first on Offshore Energy.

US court sends $4 billion LNG legal battle back to Virginia state court

Sinolam International, a Singapore-based investment company focused on oil, gas, and power investments in emerging markets in Asia and Latin America, has disclosed the return of its multibillion-dollar lawsuit against AES Corporation to the Virginia state court. The post US court sends $4 billion LNG legal battle back to Virginia state court appeared first on Offshore Energy.

Obtaining production right for offshore block key to oil & gas firm’s South African expansion

With a recent court ruling spurring new environmental assessments for energy projects, Canada-headquartered oil and gas exploration company Africa Energy has confirmed an extension for the submission of a new environmental and social impact assessment (ESIA) for a block off the coast of the Republic of South Africa. The post Obtaining production right for offshore block key to oil & gas firm’s South African expansion appeared first on Offshore Energy.