Navitas Petroleum, an oil and gas company with exploration and production interests in several regions, is continuing with planned development activities and does not expect the recent political developments over the Falkland Islands to affect the development timetable for its offshore oil project in the North Falkland Basin. The post $2.1 billion Sea Lion project on track for first oil despite Falklands tensions appeared first on Offshore Energy.

UK-headquartered energy giant BP has hired U.S.-headquartered energy technology giant Baker Hughes to support new well development and production optimization across its North Sea operations on the UK Continental Shelf (UKCS). The post BP tasks Baker Hughes with production enhancement across UK North Sea assets appeared first on Offshore Energy.

MISC Group, a member of the Petronas Group of Companies and an owner and operator of offshore floating assets and provider of energy-related maritime solutions and services, is weighing a role in a potential consortium that could take Kuala Lumpur-headquartered Yinson, an energy infrastructure company focused on offshore production, renewables and green technologies, private in a deal that is currently being discussed at an indicative price of RM2.35 ($0.58) a share. The post MISC explores consortium role in potential Yinson privatization appeared first on Offshore Energy.

Norwegian state-owned energy giant Equinor is scaling up its liquefied natural gas (LNG) ambitions with its first cargo from the U.S. Gulf Coast under long-term supply agreements with Texas-headquartered Cheniere, as the company works to double its global LNG portfolio by 2030. The post First US LNG cargo puts Equinor on course to double global portfolio by decade-end appeared first on Offshore Energy.

The 24-meter-long unmanned surface vessel (USV) Challenger, owned by a joint venture of DeepOcean, […] The post WATCH: 24-meter USV performs first fully remote project appeared first on Offshore Energy.

Asia-focussed oil and gas explorer Tetragon Energy has upgraded the potential of its gas portfolio off the coast of the Philippines, more than tripling the mid-case prospective resource estimate for a key exploration prospect to 8 trillion cubic feet (tcf), a boost that could strengthen the value of the acreage ahead of potential farm-out talks. The post Three-fold resource surge sharpens focus on Tetragon’s gas play offshore Philippines appeared first on Offshore Energy.

Film-Ocean, a UK-based subsea contractor providing ROV inspection and intervention services, has taken delivery of […] The post UK subsea contractor’s fleet grows with another SMD ROV appeared first on Offshore Energy.

Australian energy giant Woodside is forging a path with Mexico’s state-owned petroleum heavyweight Petróleos Mexicanos (Pemex) to hunt for potential deepwater hydrocarbon plays in the Gulf of Mexico under a non-binding memorandum of understanding (MOU). The post Woodside, Pemex eye new Gulf of Mexico deepwater oil & gas exploration opportunities appeared first on Offshore Energy.

An integrated project team comprising Smulders HSM, a provider of multidisciplinary offshore platform solutions, SPIE, a multi-technical services provider, and offshore installation partner Scaldis, has been tasked with handling the next phase of a gas project in the Dutch North Sea, with a new compression module set to extend the operating life of the asset’s offshore platform, which is running on offshore wind energy. The post Smulders HSM, SPIE and Scaldis help future-proof offshore wind-powered North Sea gas platform appeared first on Offshore Energy.

Lloyd’s Register (LR), the UK-based classification society, and the Marine Design and Research Institute of China (MARIC) have unveiled a tri-fuel-ready tanker concept designed to give owners flexibility to pursue liquefied natural gas (LNG), methanol, or ammonia as fuel technologies, infrastructure, and regulations evolve, while uncertainty over future marine fuels continues to shape investment decisions. The post Keeping fuel options open as uncertainty drives tri-fuel-ready tanker concept appeared first on Offshore Energy.