The U.S. Office of Foreign Assets Control (OFAC) has changed its mind about two special licenses – operated by the UK-headquartered Shell and BP, respectively – for gas fields straddling the maritime boundary between Venezuela and Trinidad and Tobago.
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US axes Shell and BP’s licenses for cross-border gas fields Read More »
Element NL, an association of 12 oil and gas companies with a permit to explore or extract natural gas, is rolling up its sleeves, together with the Dutch Ministry of Climate and Green Growth and EBN, to enhance the permitting process to boost gas prod…
North Sea gas key to stave off energy crisis as shortfalls loom, Element NL says Read More »
Shell has flipped the production switch on at its subsea tie-back oil project in the Gulf of America (GoA), formerly the U.S. Gulf of Mexico (GoM).
The post Shell brings more US barrels to market by kick-starting Gulf of America oil project appeared fi…
Shell brings more US barrels to market by kick-starting Gulf of America oil project Read More »
Valaris’ rig has come to the North Sea to help a gas field and its infrastructure to get a new lease on life off the coast of the Netherlands as the first CO2 transport and storage project in the European Union (EU).
The post WATCH: Valaris rig goes to…
SBM Offshore has made its first foray into sale and leaseback financing with a multimillion-dollar refinancing of a floating production, storage, and offloading (FPSO) vessel operating off the coast of Brazil.
The post SBM Offshore’s $400M FPSO deal op…
SBM Offshore’s $400M FPSO deal opens doors to ‘innovative’ financing avenues Read More »