Skip to content

Gas discovery edges closer to development with Equinor-Vår Energi asset swap

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 have agreed to a swap of offshore oil and gas assets. The post Gas discovery edges closer to development with Equinor-Vår Energi asset swap appeared first on Offshore Energy.

Gas boost offshore Libya as Eni and NOC’s project comes online

Mellitah Oil & Gas, a joint venture (JV) between Italy’s energy giant Eni and the Libyan National Oil Corporation (NOC), has fortified Libya’s gas production with the start-up of an offshore compression project. The post Gas boost offshore Libya as Eni and NOC’s project comes online appeared first on Offshore Energy.

SBM Offshore places order for 13th multi-purpose floater hull to bolster its FPSO fleet

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has signed off on the construction of its seventh generic Fast4Ward multi-purpose floater (MPF7) hull with Shanghai Waigaoqiao Shipbuilding (SWS) and China Shipbuilding Trading Co. (CSTC), subsidiaries of China State Shipbuilding Corporation (CSSC). The post SBM Offshore places order for 13th multi-purpose floater hull to bolster its FPSO fleet appeared first on Offshore Energy.

Vantage and Eldorado merger births ‘enhanced’ offshore drilling player

Vantage Drilling, a Bermuda-exempt offshore drilling contractor, has wrapped up its proposed business combination with Eldorado Drilling, an offshore drilling player backed by a group of well-known Norwegian investors, establishing what it describes as a scalable offshore drilling platform with “enhanced” capabilities. The post Vantage and Eldorado merger births ‘enhanced’ offshore drilling player appeared first on Offshore Energy.

Santos seals ten-year gas supply deal

Australia’s energy player Santos has ironed out a decade-long gas supply agreement with the South Australian government. The post Santos seals ten-year gas supply deal appeared first on Offshore Energy.