Offshore Energy

2 days ago | offshore-energy.biz | Melisa Cavcic

Home Fossil Energy Partner selection quest for Alaska LNG tops $115B in interest from 50 firms June 5, 2025, by Glenfarne Alaska LNG, a subsidiary of Glenfarne Group and a majority owner and lead developer of a joint venture with the State of Alaska’s Alaska Gasline Development Corporation, has wrapped up the first round of its strategic partner selection process related to a liquefied natural gas (LNG) export project in Alaska. After Glenfarne launched its strategic partner selection process...

2 days ago | offshore-energy.biz | Melisa Cavcic

Home Fossil Energy £20 billion gas deal gives UK’s energy security a shot in the arm June 5, 2025, by Norway’s state-owned energy giant Equinor has inked a multi-year gas sales agreement with Britain’s Centrica, which is expected to strengthen energy security in the United Kingdom (UK). The ten-year contract, with a total value of around £20 billion (about $27.14 billion) based on current prices, will see Equinor provide Centrica with 55 TWh of natural gas per year, or around 5 billion cubic...

2 days ago | offshore-energy.biz | Melisa Cavcic

Home Fossil Energy Petrobras makes a play for offshore acreage in Côte d’Ivoire June 5, 2025, by Brazil’s state-owned energy giant Petrobras has taken steps to secure offshore acreage in Côte d’Ivoire, also known as Ivory Coast, by handing over a declaration of interest for exploration blocks in this country, which is located on the west coast of Africa. The submission of a declaration of interest comes after the Côte d’Ivoire government, through its Council of Ministers, gave its stamp of...

2 days ago | offshore-energy.biz | Melisa Cavcic

Home Fossil Energy Canadian firm sheds UK business and stake in North Sea oil discovery June 5, 2025, by Aberdeen-based full-cycle energy business New European Offshore (NEO Energy) is set on expanding its oil and gas portfolio by picking up a new addition, thanks to Canada’s Gran Tierra Energy, which has taken steps to offload its UK subsidiary, Gran Tierra North Sea Limited (GTNSL) that holds an interest in an oil discovery. The Canadian firm has set the wheels in motion to sell its wholly...

2 days ago | offshore-energy.biz | Melisa Cavcic

Home Fossil Energy SBM Offshore pulling out of Equatorial Guinea with FPSO divestment June 5, 2025, by Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has struck a deal with Compania Nacional de Petroleo de Guinea Ecuatorial (GEPetrol), Equatorial Guinea’s national oil company (NOC), to bid goodbye to a floating production, storage, and offloading (FPSO) unit, which will enable it to take its leave from the...