As operators embark on portfolio optimization quests, a series of asset exchanges is reshaping the Norwegian Continental Shelf (NCS), with the latest such move coming from Norway’s state-owned energy giant Equinor and its compatriot Vår Energi, which h…
Gas discovery edges closer to development with Equinor-Vår Energi asset swap Read More »
U.S.-headquartered energy technology giant Baker Hughes has secured a multi-year assignment at a liquefied natural gas (LNG) expansion project in Nigeria, Africa.
The post 13-year deal keeps Baker Hughes busy at African LNG expansion project appeared f…
13-year deal keeps Baker Hughes busy at African LNG expansion project Read More »
Japan’s MODEC has confirmed the arrival of a floating production, storage, and offloading (FPSO) vessel at a ship recycling facility in Denmark, following the completion of the unit’s work at an oil field off the coast of Brazil.
The post MODEC’s FPSO …
MODEC’s FPSO reaches recycling yard after finishing Brazilian assignment Read More »
UK-headquartered energy giant Shell is expecting an uptick in demand for liquefied natural gas (LNG) to nearly 700 million tonnes a year by 2050, following supply disruptions caused by the conflict in the Middle East, which was cushioned by North Ameri…
Shell’s LNG forecast anticipates 65% surge in demand by 2050 Read More »
Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has secured multimillion-dollar financing for a newbuild floating storage and offloading (FSO) unit, which will be depl…
SBM Offshore puts $465 million financing in place for Gulf of Mexico-destined FSO Read More »