Rocky Teodoro

Manila

News Editor at Rigzone

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Articles

Woodfibre LNG to Add 900 Staff, Applies for Second Housing Floatel

1 week ago | rigzone.com | Rocky Teodoro

Woodfibre LNG said it plans to submit an application to regulatory agencies to add a second workplace accommodation floatel at the Woodfibre LNG project site in British Columbia. The application seeks regulatory approval to moor a second floatel adjacent to the current floatel, the MV Isabelle X, to add approximately 900 employees to the construction project, the company said in a news release.
BKV to Develop CCUS Projects at Comstock's Gas Facilities

1 week ago | rigzone.com | Rocky Teodoro

BKV Corporation and Comstock Resources, Inc. have entered into an exclusive, non-binding agreement for BKV to develop carbon capture, utilization and sequestration (CCUS) projects at two of Comstock’s natural gas processing facilities in its Western Haynesville operating area.
Amigo LNG Signs 15-Year LNG Agreement with Oman's OQ Trading

1 week ago | rigzone.com | Rocky Teodoro

Amigo LNG S.A. de C.V., the Mexican subsidiary of Singapore-based LNG Alliance, has signed a definitive 15-year liquefied natural gas (LNG) sales and purchase agreement (SPA) with Oman. Under the agreement signed with OQ Trading (OQT), the international energy and commodity trading vehicle of the Oman government, OQT will purchase 0.6 million metric tons per annum (mtpa) of LNG free on board from Amigo LNG's export terminal in Sonora, Mexico.
Karoon Closes Acquisition of Bauna FPSO Offshore Brazil

1 week ago | rigzone.com | Rocky Teodoro

Karoon Energy Ltd’s Brazilian subsidiary, Karoon Petróleo & Gás Ltda., has completed the acquisition of the Baúna floating production, storage and offloading vessel (FPSO), the Cidade de Itajaí, from Altera & Ocyan (A&O). The total consideration for the FPSO was $115 million plus approximately $8 million in transaction costs, with the final payment of $85 million made on April 30, Karoon said in a news release.
TotalEnergies, OQEP Begin Construction of Marsa LNG Plant in Oman

1 week ago | rigzone.com | Rocky Teodoro

TotalEnergies SE and OQ Exploration and Production (OQEP) have begun construction of the Marsa LNG plant, located in the port of Sohar, northern Oman, one year after the final investment decision.
Technip Energies Wins Engineering Contract for QatarEnergy LNG Project

1 week ago | rigzone.com | Rocky Teodoro

Technip Energies has been awarded a detailed engineering and design contract by Larsen & Toubro Limited's Hydrocarbon business for a QatarEnergy LNG project in the North Field concession offshore Qatar. The project is named the North Field Production Sustainability Offshore Compression Project, of which Technip has completed the front-end engineering and design (FEED) phase, the company said in a news release.
Houston-Based HYCO1 Signs MoU with Malaysia LNG for CCU Project

2 weeks ago | rigzone.com | Rocky Teodoro

Houston, Texas-based HYCO1, Inc. said it has signed a memorandum of understanding (MoU) with Malaysia LNG Sdn. Bhd. (MLNG) to collaborate on a project for the potential utilization and conversion of 1 million tons per annum (mtpa) of carbon dioxide (CO2). The carbon capture and utilization (CCU) project will be located in Bintulu in Sarawak, Malaysia, the location of PETRONAS subsidiary Malaysia LNG, which is the CO2 supplier for the project.
GeoPark Names Felipe Bayon as New CEO

2 weeks ago | rigzone.com | Rocky Teodoro

Latin American oil and gas firm GeoPark Limited has appointed Felipe Bayon as its new CEO and director, effective June 1. Bayon succeeds Andres Ocampo, who is stepping down from the role due to personal reasons, the company said in a news release. Bayon is recognized as one of the most effective energy executives in Latin America with more than three decades of accomplishments in the international oil and gas industry, GeoPark said.
Crescent Closes Sale of Permian Basin Assets for $83MM

2 weeks ago | rigzone.com | Rocky Teodoro

Crescent Energy Company said it has closed the sale of non-operated Permian Basin assets to an undisclosed private buyer for $83 million in cash, subject to customary post-closing purchase price adjustments. The assets are located in Reeves County, Texas and had projected full-year 2025 production of approximately 3,000 barrels of oil equivalent (boepd), consisting of around 35 percent oil, the company said in a news release.
EnQuest Wins Bidding for 2 PSCs in Indonesia

2 weeks ago | rigzone.com | Rocky Teodoro

London-based EnQuest PLC said it has won the bidding for two production sharing contracts (PSCs) for the Gaea and Gaea II blocks in Papua Barat, Indonesia, along with its joint venture partners, as announced by the country’s Ministry of Energy and Minerals. The blocks present unrisked resource potential of multi-trillion standard cubic feet for EnQuest, the company said in a news release.