Skip to content

Borr rig ends Gabon job with a bang: oil discovery opens new cluster door

Oslo-listed oil and gas E&P player BW Energy has made what it says is a “substantial” oil discovery at a field in the Dussafu license off the coast of Gabon, Africa, using a Borr Drilling jack-up rig. The post Borr rig ends Gabon job with a bang: oil discovery opens new cluster door appeared first on Offshore Energy.

MODEC cheers new ‘milestone’ for Brazil-bound FPSO as workforce earns brownie points

MODEC has achieved further progress in the construction of a floating production, storage, and offloading (FPSO) destined for a big upcoming natural gas project off the coast of Brazil, thanks to the workers hired to turn the unit plan into reality, hitting 1 million work hours without lost time accidents (LTI). The post MODEC cheers new ‘milestone’ for Brazil-bound FPSO as workforce earns brownie points appeared first on Offshore Energy.

US bestows export permit into Golden Pass LNG terminal’s hands as start-up edges closer

The U.S. Department of Energy (DOE) has handed out its third liquefied natural gas (LNG) approval since President Donal J. Trump returned to the White House, enabling more time to start LNG exports from the Golden Pass LNG terminal (GPX) export project in Sabine Pass, Texas.   The post US bestows export permit into Golden Pass LNG terminal’s hands as start-up edges closer appeared first on Offshore Energy.

Norwegian firm moves to become sole owner of Avenir LNG

After finalizing the acquisition of 95% of the shares of the UK-based midstream LNG & BioLNG company Avenir LNG, Stolt-Nielsen, a Norway-based company specializing in chemical and bulk liquid transportation and storage, has disclosed its intention to buy the latter’s remaining shares. The post Norwegian firm moves to become sole owner of Avenir LNG appeared first on Offshore Energy.

DSIC starts building Wah Kwong’s 175,000 cbm LNG vessel

Dalian Shipbuilding Industry (DSIC), a subsidiary of China State Shipbuilding Corporation (CSSC), has started building Hong Kong-based shipping company Wah Kwong’s second LNG vessel G175K-13. The post DSIC starts building Wah Kwong’s 175,000 cbm LNG vessel appeared first on Offshore Energy.

Vaalco secures multi-million loan to fund growth projects across assets

Houston-based energy player Vaalco Energy has entered into a revolving credit facility to provide short-term funding for its planned investment programs over the next few years. The post Vaalco secures multi-million loan to fund growth projects across assets appeared first on Offshore Energy.

Shell gets Australia’s blessing for work on giant offshore gas project

Shell has received a stamp of approval for its environmental plan (EP) from the country’s offshore regulator for the installation and cold commissioning activities at its natural gas field off the coast of Western Australia. The post Shell gets Australia’s blessing for work on giant offshore gas project appeared first on Offshore Energy.