EnerMech strengthens Americas operations with multi-year strategic investment and leadership expansion

Nov. 4 - EnerMech has embarked on a multi-year, high-value investment program across its Americas operations, reinforcing its long-term commitment to the region and its people. This strategic outlay reflects the company’s confidence in the market despite global headwinds, as it continues to build a future-ready business anchored in local capability, leadership and talent. The enhancement plan encompasses equipment, people and facilities across... Continue Reading →

November 4, 2025 0

Shell profit above, TotalEnergies in line with expectations amid lower prices

Oct 30 (Reuters) - Shell and TotalEnergies posted quarterly profit falls of 10% and 2%, respectively, on Thursday, dragged down by lower oil prices, though Shell beat expectations helped by better trading results in its huge gas division. While Shell, the world's largest liquefied natural gas trader, is keeping its $3.5 billion buyback pace, No. 2 LNG... Continue Reading →

October 30, 2025 0

Baker Hughes beats profit estimates on strong industrial and energy tech demand

Oct 23 (Reuters) - Oilfield services provider Baker Hughes on Thursday beat Wall Street estimates for third-quarter profit, driven by strength in its industrial and energy technology (IET) business. As oilfield services firms navigate a volatile market, resilient areas like LNG infrastructure, power grid upgrades, and growing electricity demand from data centers are helping support growth.... Continue Reading →

October 23, 2025 0

All Clear for Golar LNG’s 20-Year FLNG Charter Deal in Argentina

Oct. 23 (OE) Golar LNG has informed that all conditions for the 20-year charter of its 3.5 million tonnes per annum (MTPA) MK II Floating Liquefied Natural Gas (FLNG) unit to Southern Energy S.A. (SESA) in Argentina have been satisfied. The announcement confirms $8 billion in EBITDA backlog before commodity exposure and inflationary adjustments. The... Continue Reading →

October 23, 2025 0

Colombia’s Ecopetrol to launch bidding for Covenas regasification project

Oct 6 (Reuters) - Colombian state-run oil company Ecopetrol is set to launch the bidding process later this month for a regasification project at its Covenas maritime terminal in the north of the country, CEO Ricardo Roa said on Monday. Ecopetrol will begin accepting binding bids for the project on October 14, with a winner expected... Continue Reading →

October 6, 2025 0

Chevron, Anadarko, and Westlawn shake hands on oil & gas exploration offshore Peru

Sept. 22 (offshore-energy.biz) As three oil and gas players — Chevron, Anadarko, and Westlawn — have forged a consortium to pursue hydrocarbon exploration off the coast of Peru, the results of a previously undertaken 3D marine seismic survey are the first item on their agenda, followed by a drill-or-drop decision. The trio’s formalization of their... Continue Reading →

September 22, 2025 0

Exmar Signs FSU Deal for Colombia’s LNG Import Project

Sept. 19 (OE) Exmar has signed contracts with Regasificadora Del Pacífico (RDP) for the deployment of a floating storage unit (FSU) on the west coast of Colombia. RDP is developing a fast-track LNG import solution in the inner bay of Buenaventura, under a term contract signed with Ecopetrol in February of 2025 to provide regasification... Continue Reading →

September 19, 2025 0

Wison pools resources with Siemens Energy on FLNG and FPSO projects

Sept. 10 (offshore-energy.biz) China-based provider of clean energy services Wison New Energies (WNE) has joined forces with Siemens Energy to embark on a new chapter of cooperation in sustainable offshore energy development, primarily within floating liquefied natural gas (FLNG) and floating production, storage, and offloading (FPSO) projects. Thanks to a strategic memorandum of understanding (MoU),... Continue Reading →

September 10, 2025 0

BP-Eni Joint Venture to Inject $5B in Angola Over Next Five Years

Sept. 4 (Reuters) Azule Energy, the joint venture between Italian oil and gas explorer Eni and BP, expects to invest another $5 billion in Angola over the next four to five years, Eni's Chief Operating Officer Guido Brusco told Reuters on Wednesday. The latest investment in both new and existing projects will match investments in... Continue Reading →

September 4, 2025 0

Seatrium Signs FLNG Vessel Upgrade Deal for Golar LNG Argentina Project

Aug. 27 (OE) Seatrium has secured a contract from Golar Hilli Corporation, a subsidiary of Golar LNG, to perform the upgrading of floating liquefied natural gas (FLNG) unit Hilli Episeyo. Scheduled to enter the yard in the third quarter of 2026, the project involves technical modifications for FLNG Hilli Episeyo’s redeployment. The scope of work... Continue Reading →

August 27, 2025 0

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