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With extension in effect, XRG-led consortium hammers away at $19B Santos takeover terms

Australia’s energy player Santos has signed up for a multi-week extension of the deadline set for negotiations regarding an $18.7 billion non-binding indicative offer received from a consortium run by XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which entails Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle. The post With extension in effect, XRG-led consortium hammers away at $19B Santos takeover terms appeared first on Offshore Energy.

Saipem wraps up rig-to-FPU conversion for Eni offshore Congo

Italy’s engineering, drilling, and construction services giant Saipem has completed the conversion of a semi-submersible drilling unit into a floating production unit (FPU) to be deployed at compatriot Eni’s project offshore Congo. The post Saipem wraps up rig-to-FPU conversion for Eni offshore Congo appeared first on Offshore Energy.

The era of oil in maritime is ending, UK government’s forecasts show

The UK’s Department for Transport has published new long-term forecasts showing a major shift in the way goods move through British ports, with oil and fossil fuel traffic expected to collapse while ferries, roll-on/roll-off (RoRo) and container shipping surge. The post The era of oil in maritime is ending, UK government’s forecasts show appeared first on Offshore Energy.

BP tasks Baker Hughes with 90-month job on Asian LNG project

U.S.-headquartered energy technology giant Baker Hughes has landed a long-term deal with BP, a UK-headquartered energy player, for work on a liquefied natural gas (LNG) plant in Papua Barat, Indonesia. The post BP tasks Baker Hughes with 90-month job on Asian LNG project appeared first on Offshore Energy.

Port of Moerdijk to get new charging station for inland ships

Dutch Port of Moerdijk, compatriot terminal operator Combined Cargo Terminals (CCT), and sustainable inland shipping company Zero Emission Services (ZES) have signed a partnership agreement for the construction of a new charging station for inland vessels in the Port of Moerdijk. The post Port of Moerdijk to get new charging station for inland ships appeared first on Offshore Energy.

Transocean rig set to kick off gas drilling ops mid-October offshore Australia

ConocoPhillips Australia (COPA), a subsidiary of the U.S.-headquartered energy giant ConocoPhillips, has modified its timeline for the start of a two-well gas exploration campaign in the Otway Basin, which will be undertaken with one of Transocean’s rigs off the coast of Australia. The post Transocean rig set to kick off gas drilling ops mid-October offshore Australia appeared first on Offshore Energy.