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JHI’s shareholders’ approval next on the agenda to back Eco takeover

Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin, has shed light on the latest developments regarding its acquisition of the issued and to-be-issued shares it does not already hold in JHI Associates (JHI). The post JHI’s shareholders’ approval next on the agenda to back Eco takeover appeared first on Offshore Energy.

Southeast Asian field on track for first gas in 2027

With procurement activity and other pieces being put in place, West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas player Conrad Asia Energy, is setting the development stage to achieve the first gas production from its natural gas field next year in the West Natuna Sea off the coast of Indonesia, Southeast Asia. The post Southeast Asian field on track for first gas in 2027 appeared first on Offshore Energy.

FPSO FEED award to BW Offshore turning the key on Canada’s $12-billion oil project

With a front-end engineering and design (FEED) deal to Oslo-headquartered BW Offshore for a floating production, storage, and offloading (FPSO) unit, Norway’s state-owned energy giant Equinor is continuing to lay the groundwork for the development of its oil project off the coast of Newfoundland and Labrador, Canada. The post FPSO FEED award to BW Offshore turning the key on Canada’s $12-billion oil project appeared first on Offshore Energy.

Up to $9B nearshore project on Arctic’s horizon with Polar LNG unleashing Alaska’s gas

Against the backdrop of the Middle East crisis, which led to regional energy infrastructure attacks and global supply shocks, Polar LNG (Polar Train LNG), a U.S. Arctic energy infrastructure company, has set its cap on advancing a nearshore liquefied natural gas (LNG) development project on Alaska’s North Slope to unlock the country’s natural gas resources and strengthen America’s energy security by expanding what is described as a reliable LNG supply to allied markets across the Pacific. The post Up to $9B nearshore project on Arctic’s horizon with Polar LNG unleashing Alaska’s gas appeared first on Offshore Energy.

Another LNG gig in Lone Star State lands on Honeywell’s plate

Honeywell, a U.S.-based technology firm, has secured an assignment at a liquefied natural gas (LNG) development in Texas with Lantern LNG Holding Company, a Houston-based LNG development player focused on building innovative nearshore LNG liquefaction facilities on fixed platforms. The post Another LNG gig in Lone Star State lands on Honeywell’s plate appeared first on Offshore Energy.