Skip to content

Farm-out of African oil & gas block awaits regulatory clearance

UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas has reaffirmed that all requirements are out of the way for an extension of a production sharing contract (PSC), covering a block off the coast of Equatorial Guinea. A recently signed farm-out deal for the block is still pending regulatory approvals. The post Farm-out of African oil & gas block awaits regulatory clearance appeared first on Offshore Energy.

ExxonMobil’s fifth Guyanese project closing in on first oil: FPSO pre-lay mooring done

Jumbo Offshore, a Dutch transportation and installation player, has wrapped up mooring pre-installation activities for a floating production, storage, and offloading (FPSO) unit destined to work on an oil project off the coast of Guyana, which is operated by ExxonMobil Guyana, a subsidiary of the U.S.-headquartered oil and gas giant ExxonMobil. The post ExxonMobil’s fifth Guyanese project closing in on first oil: FPSO pre-lay mooring done appeared first on Offshore Energy.

ADNOC’s XRG widens gas and LNG portfolio with Argentina and Caspian Sea deals

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has taken steps to expand its footprint by firming up agreements to come aboard a proposed liquefied natural gas (LNG) project in Sierra Grande Norte, on Argentina’s Atlantic coast, and Southern Gas Corridor (SGC) CJSC, which delivers gas resources from the Azerbaijani sector of the Caspian Sea to the European market. The post ADNOC’s XRG widens gas and LNG portfolio with Argentina and Caspian Sea deals appeared first on Offshore Energy.

SLB lines up offshore drilling work on Asian deepwater gas project

U.S.-headquartered technology player SLB has landed multiple deals for offshore drilling services at a gas development off the coast of Indonesia with the UAE-based Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi. The post SLB lines up offshore drilling work on Asian deepwater gas project appeared first on Offshore Energy.

WATCH: McDermott and BW Offshore lift the curtain on floating blue ammonia FPSO model

McDermott and BW Offshore have unveiled a concept for a blue ammonia floating production, storage, and offloading (FPSO) unit that blends offshore production, carbon capture, and direct export, spotlighting the way in which surplus natural gas could be converted into a lower-carbon fuel and brought to market with reduced infrastructure and complexity to support the energy transition journey. The post WATCH: McDermott and BW Offshore lift the curtain on floating blue ammonia FPSO model appeared first on Offshore Energy.