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 »
Global oil and gas operators are prioritizing low-risk, low-cost near field or infrastructure-led exploration (ILX) prospects as budgets tighten, rather than the more expensive high-risk hydrocarbon exploration plays.
The post Tight budgets and shrinki…
Aramco has signed a multi-year liquefied natural gas (LNG) sale and purchase agreement (SPA) with the Houston-headquartered NextDecade Corporation, ensuring offtake from an LNG export project located in Texas, United States (U.S.).
The post Aramco fir…
Aramco firms up 20-year LNG offtake deal with US player Read More »
Wood Mackenzie has underlined that the U.S. power industry is among the most exposed areas to the shockwaves of U.S. President Donald Trump’s tariff hikes, which are forecast to result in a slower global growth and weaker demand for many commodities, i…
Trump’s ‘economic revolution’ leaves US energy industry at tariff wars’ mercy Read More »
ADES has tucked a multi-year contract renewal in the Kingdom of Saudi Arabia (KSA) under its belt, which enables one of its previously suspended jack-ups to work for Aramco once again.
The post Ten-year renewal for ADES rig marks jack-up’s return…
Ten-year renewal for ADES rig marks jack-up’s return to drilling work with Aramco Read More »