Offshore Energy Today

#ICYMI: #Oil & #gas round-up - Part 1⤵️ 📌 UK firm greenlights $1.2 billion gas project offshore Israel: https://buff.ly/3SioBkr 📌 Perforations at Trillion’s Black Sea gas field yield mixed results: https://buff.ly/3WyYSa5 📌 Busy times ahead for Singapore giant with multimillion-dollar string of vessel repairs and upgrades in the bag: https://buff.ly/4fgyHwh 📌India’s deepwater oil & gas project entering final stretch to reach full throttle: https://buff.ly/3LEJbbi 📌Drilling ops offshore China yield medium-sized oilfield: https://buff.ly/4bXBtDJ 📌WATCH: Shell brings down the curtain on one of ‘iconic’ North Sea oil & gas giants as ‘largest single piece’ comes into UK port: https://buff.ly/4furp8m #offshoreenergy

#ICYMI: #LNG, #naturalgas, #gas news round-up ⤵️ 📌 Chinese firm taps French player for FLNG mooring job in Africa and boosts its fabrication capacity for floating facilities: https://buff.ly/4c0W8qo 📌 With first FLNG unit online, US player gets hold of $700 million loan to build second one: https://buff.ly/46j0F6k 📌 Another LNG sector contract win finds its way into French firm’s order book: https://buff.ly/3WDTFht 📌US natural gas producer makes official reservation for half of Texas LNG terminal’s capacity for 20 years: https://buff.ly/3A6tqHm 📌 300th LNG cargo comes to Poland’s terminal as further expansion continues in the background: https://buff.ly/46j0w2M 📌 Woodside splashes out $900 million to bring ‘global LNG powerhouse’ into play: https://buff.ly/46njPrH #offshoreenergy

📢 𝐁𝐨𝐫𝐫 𝐃𝐫𝐢𝐥𝐥𝐢𝐧𝐠’𝐬 𝟐𝟐-𝐬𝐭𝐫𝐨𝐧𝐠 𝐫𝐢𝐠 𝐟𝐥𝐞𝐞𝐭 𝐛𝐨𝐨𝐤𝐞𝐝: 𝐓𝐡𝐫𝐞𝐞 𝐣𝐚𝐜𝐤-𝐮𝐩𝐬 𝐩𝐢𝐜𝐤 𝐮𝐩 𝐠𝐢𝐠𝐬 𝐢𝐧 𝐁𝐫𝐚𝐳𝐢𝐥, 𝐌𝐚𝐥𝐚𝐲𝐬𝐢𝐚, 𝐚𝐧𝐝 𝐆𝐚𝐛𝐨𝐧 Borr Drilling has won a series of new contracts, extensions, and potential assignments for three premium #jackup #rigs, covering 1,779 days and bringing $332 million in contract revenue, including mobilization and demobilization compensation. Thanks to these deals, all 22 rigs in the firm’s #fleet have work commitments. 𝐑𝐞𝐚𝐝 𝐦𝐨𝐫𝐞: https://buff.ly/46qDN4X #offshoredrilling #oilgas #energy #oilandgasnews #offshoreenergy #oilandgas #rig #Malaysia #Brazil #Gabon #Africa #Asia #Americas BW Energy Petrobras Eni Photo: Arabia I jack-up rig; Source: Borr Drilling

📢 𝐂𝐨𝐧𝐨𝐜𝐨𝐏𝐡𝐢𝐥𝐥𝐢𝐩𝐬 𝐬𝐞𝐜𝐮𝐫𝐞𝐬 𝐦𝐮𝐥𝐭𝐢-𝐲𝐞𝐚𝐫 𝐋𝐍𝐆 𝐬𝐮𝐩𝐩𝐥𝐲 𝐟𝐨𝐫 𝐄𝐮𝐫𝐨𝐩𝐞 𝐚𝐧𝐝 𝐀𝐬𝐢𝐚 ConocoPhillips' new strategic #LNG deals, which are slated to come into effect in 2027, will enable it to supply #Europe and #Asia, thanks to a long-term capacity booking at Fluxys’ #Zeebrugge, #Belgium #regasification #terminal and a multi-year LNG sales and purchase agreement to supply the Asian market. 𝐑𝐞𝐚𝐝 𝐦𝐨𝐫𝐞: https://buff.ly/3A1bgac #oilgas #energysecurity #oilandgasnews #offshoreenergy #oilandgas #Asia Photo: Fluxys’ Zeebrugge, Belgium regasification terminal; Source: ConocoPhillips

📢 𝗠𝗼𝗿𝗲 𝗼𝗳𝗳𝘀𝗵𝗼𝗿𝗲 𝗼𝗶𝗹 & 𝗴𝗮𝘀 𝗮𝗰𝗿𝗲𝗮𝗴𝗲 𝗳𝗼𝗿 𝗝𝗮𝗱𝗲𝘀𝘁𝗼𝗻𝗲 𝗶𝗻 𝗠𝗮𝗹𝗮𝘆𝘀𝗶𝗮𝗻 𝘄𝗮𝘁𝗲𝗿𝘀 Jadestone Energy has inked a small field asset (#SFA) cluster production sharing contract (#PSC) #offshore Peninsular #Malaysia with Malaysia Petroleum Management, an affiliate of PETRONAS. ➡️ 𝗠𝗼𝗿𝗲 𝗶𝗻𝗳𝗼: https://buff.ly/3WzQQxH #MalaysiaBidRoundPlus #MBR #energy #fossilenergy #oilandgas #oilandgasnews Image source: Jadestone Energy

📢 𝐌𝐮𝐥𝐭𝐢-𝐲𝐞𝐚𝐫 𝐨𝐢𝐥 & 𝐠𝐚𝐬 𝐝𝐫𝐢𝐥𝐥𝐢𝐧𝐠 𝐠𝐢𝐠 𝐞𝐧𝐚𝐛𝐥𝐞𝐬 𝐝𝐮𝐨 𝐭𝐨 𝐞𝐱𝐩𝐚𝐧𝐝 𝐭𝐡𝐞𝐢𝐫 𝟏𝟔-𝐲𝐞𝐚𝐫 𝐫𝐞𝐥𝐚𝐭𝐢𝐨𝐧𝐬𝐡𝐢𝐩 𝐢𝐧 𝐁𝐫𝐚𝐳𝐢𝐥 𝐑𝐞𝐚𝐝 𝐦𝐨𝐫𝐞: https://buff.ly/3zZa9rp #offshoredrilling #oilgas #drilling #Brazil #oilandgasnews #offshoreenergy #oilandgas Archer - the well company Equinor Photo: Peregrino field off Brazil; Credit: Einar Aslaksen/Equinor

📢 ‘𝐂𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐦𝐢𝐥𝐞𝐬𝐭𝐨𝐧𝐞’ 𝐟𝐨𝐫 𝐒𝐜𝐨𝐭𝐥𝐚𝐧𝐝’𝐬 𝐟𝐥𝐨𝐚𝐭𝐢𝐧𝐠 𝐋𝐍𝐆 𝐢𝐦𝐩𝐨𝐫𝐭 𝐭𝐞𝐫𝐦𝐢𝐧𝐚𝐥 𝐚𝐬 𝐁𝐫𝐢𝐭𝐢𝐬𝐡 𝐟𝐢𝐫𝐦 𝐰𝐢𝐧𝐬 𝐞𝐧𝐠𝐢𝐧𝐞𝐞𝐫𝐢𝐧𝐠 𝐝𝐞𝐬𝐢𝐠𝐧 𝐣𝐨𝐛 𝐑𝐞𝐚𝐝 𝐦𝐨𝐫𝐞: https://buff.ly/3LESUhD #LNG #naturalgas #FLNG #FSRU #gas #oilgas #Scotland #UK #offshoreenergy #oilandgas Crown LNG IKM Consulting Ltd Photo: LNG terminal Illustration; Source: Aker Solutions

📢 𝗪𝗶𝘁𝗵 𝟱𝟴 𝗻𝗲𝘄 𝗮𝗱𝗱𝗶𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 𝗶𝘁𝘀 𝗼𝗿𝗱𝗲𝗿 𝗯𝗼𝗼𝗸 📘, 𝗚𝗧𝗧 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝗱𝗼𝘂𝗯𝗹𝗲𝘀 𝗻𝗲𝘁 𝗽𝗿𝗼𝗳𝗶𝘁 📈 GTT (Gaztransport & Technigaz) has seen a two-fold increase in net #income in the first half of 2024, mainly due to a 66% increase in #revenue. 📄𝗠𝗼𝗿𝗲 𝗶𝗻𝗳𝗼: https://buff.ly/3Skgm7J #halfyearreport #financialperformance #GTT #oilandgas #oiladngasnews #finance #energy #business Image source: GTT (Gaztransport & Technigaz)

🚀 #Merger #milestone alert: 📢 𝗡𝗼𝗯𝗹𝗲-𝗗𝗶𝗮𝗺𝗼𝗻𝗱 𝗢𝗳𝗳𝘀𝗵𝗼𝗿𝗲 𝗺𝗲𝗿𝗴𝗲𝗿 𝗽𝗿𝗼𝗰𝗲𝘀𝘀 𝗶𝘀 𝗼𝗳𝗳 𝘁𝗼 𝗮 𝗴𝗼𝗼𝗱 𝘀𝘁𝗮𝗿𝘁: 𝗪𝗶𝗹𝗹 𝗶𝘁 𝗽𝗿𝗼𝗺𝗽𝘁 𝗳𝘂𝗿𝘁𝗵𝗲𝗿 𝗿𝗶𝗴 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝗼𝗻𝘀𝗼𝗹𝗶𝗱𝗮𝘁𝗶𝗼𝗻 𝗺𝗼𝘃𝗲𝘀? Noble Corporation and Diamond Offshore have gotten one of the key conditions necessary to move forward with their #business combination out of the way, enabling them to proceed with closing the deal. With two of the world’s top five #floating #rig contractors merging into one, the #market #consolidation trend is ripe for further such moves, bringing the possibility of transformation endeavors in existing business models and a potential shift in #offshore rig #supply and #demand dynamics. Will Transocean, Seadrill, and Valaris Limited follow Noble and Diamond's example by pursuing similar arrangements to seize growth opportunities in the dynamic offshore drilling ecosystem? If they do not make such a move will they get a much smaller slice of the floating rig market cake in the future? 𝗙𝘂𝗹𝗹 𝘀𝘁𝗼𝗿𝘆 👉 https://buff.ly/4bUhrdi #offshoredrilling #rigs #drillships #semisubmersible #jackup #oilgas #energy #oilandgasnews #offshoreenergy #drilling #oilandgas #USA #MiddleEast #Africa #AsiaPacific #NorthSea #GulfofMexico Wood Mackenzie Westwood Global Energy Group Photo: Ocean Apex rig; Source: Diamond Offshore

🚀 New #offshore #drilling tasks for #rigs alert: 📢 𝗧𝗿𝗮𝗻𝘀𝗼𝗰𝗲𝗮𝗻 𝗿𝗶𝗴𝘀 𝗳𝗲𝘁𝗰𝗵 $𝟲𝟱𝟲 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗳𝗼𝗿 𝗲𝗶𝗴𝗵𝘁 𝗱𝗿𝗶𝗹𝗹𝗶𝗻𝗴 𝗴𝗶𝗴𝘀 Transocean has landed multi-million contracts and extensions in the U.S. #GulfofMexico, #Norway, #Australia, and #Brazil for seven #floaters, encompassing four #drillships and three #semisubmersible rigs. 𝗙𝘂𝗹𝗹 𝘀𝘁𝗼𝗿𝘆 𝗼𝗻 𝗹𝗮𝘁𝗲𝘀𝘁 #𝗿𝗶𝗴 #𝗳𝗹𝗲𝗲𝘁 𝗷𝗼𝗯𝘀 👉 https://buff.ly/46iqKCL #offshoredrilling #rig #oilgas #energy #oilandgasnews #offshoreenergy #oilandgas #USA #America Beacon Offshore Energy Hess Corporation Petrobras Wintershall Dea Equinor Woodside Energy Photo: Transocean Spitsbergen rig; Source: Transocean