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Gazprom greenlights $15 billion investment plan to bolster gas production capacity

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Russia’s giant Gazprom has set its investment program and budget for next year at RUB 1.52 trillion (almost $15.22 billion), a drop of about 7% compared with the planned spending of RUB 1.64 trillion (nearly $16.43 billion) for 2024. The post Gazprom greenlights $15 billion investment plan to bolster gas production capacity appeared first on Offshore Energy.

Bermuda player becomes sole owner of FLNG unit

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Golar LNG has got its hands on ownership interests Seatrium and Black & Veatch held in a floating LNG (FLNG) unit, which enables it to take full ownership of the asset that recently lined up a 20-year assignment in Argentina. The post Bermuda player becomes sole owner of FLNG unit appeared first on Offshore Energy.

Wilson’s first 3,800 dwt diesel-electric ship launched in India

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Norwegian short-sea player Wilson ASA has launched the first of six 3,800 dwt general cargo ships with diesel-electric propulsion at Udupi Cochin Shipyard in India. The post Wilson’s first 3,800 dwt diesel-electric ship launched in India appeared first on Offshore Energy.

First oil flows from CNOOC’s project offshore China

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CNOOC has begun oil production from a development project in Liaodong Bay of Bohai Sea off the coast of China. The post First oil flows from CNOOC’s project offshore China appeared first on Offshore Energy.