Lease Sale News

 

Gimi FLNG Enters Commercial Ops at BP’s GTA Project off Western Africa

Jun 23, 2025

Golar LNG’s floating liquefied natural gas (FLNG) unit Gimi has reached the Commercial Operations Date (COD) for its 20-year lease and operate agreement for the BP-operated Greater Tortue Ahmeyim (GTA) project offshore Mauritania and Senegal.The announcement of COD for Golar FLNG marks a significant milestone for the project partners, as LNG production volumes have successfully been ramped up to a level equivalent to the annual contracted volumes of approximately 2…

BOEM Looks to Open 80 million Acres for Oil and Gas Lease Sale

Jun 25, 2025

The Bureau of Ocean Energy Management announced the publication of a Proposed Notice of Sale (PNOS) for an oil and gas lease sale in the Gulf of America.As directed by Secretary of the Interior and outlined in the PNOS, Lease Sale 262 will offer approximately 15…

Woodside and Jera Agree LNG Cargoes Supply for Japan’s Winter Period

Jun 23, 2025

Woodside Energy Trading Singapore and JERA have entered into a nonbinding heads of agreement (HOA) for the sale and purchase of LNG cargoes during Japan’s peak winter period.The agreement strengthens Woodside’s long-standing relationship with JERA and further supports Japan’s energy security…

Scottish Floating Wind Farm Secures Onshore Planning Consent

Jun 20, 2025

Muir Mhòr floating wind farm, being developed by Vattenfall and Fred. Olsen Seawind, has received consent for the onshore application from Aberdeenshire Council today in a big step forward for the 1 GW project.The decision was taken at a meeting…

Viridien, TGS Kick Off Next Phase of Laconia Sparse OBN Survey in US Gulf

Jun 19, 2025

Seismic firms TGS and Viridien have started the Laconia Phase III ocean bottom node (OBN) survey in the Gulf of America, building on the previously completed Phases I and II.The goal of the Laconia Phase III is to extend extra-long-offset-low…

Equinor and Gwynt Glas Secure Rights to Build Floating Wind Farms off UK

Jun 19, 2025

Equinor and Gwynt Glas, a joint venture between EDF Renewables UK and ESB, have secured seabed leases to develop floating wind farms off the coasts of Wales and South West England in Celtic Sea.The announcement was shared by the Crown Estate…

Yinson Production Closes $1B Investment to Drive Further Growth

Jun 17, 2025

Malaysian FPSO leasing firm Yinson Production has closed of the previously announced $1 billion investment from a consortium of global investor to further drive its business growth.The funding was secured through a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA)…

UK's Crown Estate Plans $543M Investment in Offshore Wind Supply Chain

Jun 17, 2025

King Charles III's Crown Estate, which owns Britain's seabed, said on Tuesday it will invest up to 400 million pounds ($543 million) in the country's offshore wind supply chain.The investment is intended to support the construction of new infrastructure…

Republican Governor Doesn’t Want Trump’s Offshore Drilling

Jun 16, 2025

The Republican governor of South Carolina appealed to the Trump administration on Monday to leave his state out of an impending plan to increase offshore oil and gas production.The letter comes as the administration wraps up a 45-day request…

SMST Books Equipment Order for LDA’s Newbuild SOVs

Jun 16, 2025

Dutch offshore equipment supplier SMST has been selected by Louis Dreyfus Armateurs (LDA) for the delivery of two sets of mission equipment, with an option for a third set, for service operation vessels (SOVs) ordered by Vattenfall.The Telescopic Access Bridges (TAB-L1)…

TotalEnergies Grows US Oil and Gas Portfolio with Chevron Deal

Jun 16, 2025

TotalEnergies has entered 40 Chevron-operated exploration blocks, growing its portfolio of U.S. offshore oil and gas assets.TotalEnergies has acquired a 25% working interest in a portfolio of exploration leases offshore U.S. from Chevron, which acts as the operator…

Egypt Halts Fertilizer Production In Light of Israeli Gas Disruptions

Jun 13, 2025

Egyptian fertilizer producers were forced to halt operations on Friday due to a drop in natural gas imports from Israel, industry sources told Reuters.They said major Israeli gas fields had suspended operations following Israel's military strikes…

TotalEnergies’ Unit to Build Battery Storage Site in Japan to Help Balance Grid

Jun 13, 2025

French oil major TotalEnergies' subsidiary Saft has been selected to build a 1 gigawatt-hour battery energy storage system in Japan's Fukushima, the company said on Thursday.Part of a larger project by Asian renewable developer Gurin Energy…

Scotland Launches Offshore Wind Consultation

Jun 11, 2025

Scottish government has launched a consultation on the updated draft marine plan to inform offshore wind developments in Scotland.The public consultation, running until August 22, 2025, is for a draft of the updated Sectoral Marine Plan for Offshore Wind Energy (SMP-OWE)…

ORLEN Group Opens Poland’s First Offshore Wind Installation Terminal

Jun 11, 2025

ORLEN Group has opened Poland’s first installation terminal dedicated to offshore wind farms, located in Świnoujście, with the facility securing its first long-term lease agreement with global offshore wind player Ocean Winds.The Świnoujście…

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