Jgc Corp News

 

BP Targets 44% Oil, 89% Gas Increase from India’s Mumbai High Field

Jan 09, 2025

Global energy major BP has pledged to lift oil production by 44% and gas output by 89% from India's largest field off its west coast, under a decade-long contract, according to block operator Oil and Natural Gas Corp ONGC on Thursday.ONGC named BP as its technical service provider on Wednesday to assist in boosting output from a baseline crude production of 45.47 million metric tons and 70.40 billion cubic metres (BCM) of gas…

Eni Sells Plenitude Share to Ares for $2.3B

Jun 23, 2025

Italian energy group Eni has sold a 20% stake in its retail and renewables business Plenitude to U.S. alternative investment manager Ares Management Corp for about 2 billion euros ($2.3 billion), it said on Monday.The transaction is part of…

Africa Energy Aims to Start Production in South Africa by 2033

Jun 10, 2025

Canada-listed Africa Energy Corp is aiming to start production from South Africa's largest gas discovery by 2033, its CEO said on Tuesday, as it forges ahead with a project former operator TotalEnergies walked away from.The company is awaiting…

ABL Lands Work on BP’s Indonesian Gas and CCUS Project

Jun 10, 2025

Energy and marine consultancy ABL, a subsidiary of ABL Group, has been awarded a contract to provide marine warranty survey (MWS) services to BP’s Tangguh UCC project in Indonesia.The Tangguh UCC Project comprises Ubadari field development, enhanced gas recovery through carbon capture…

Bardex Technical Sales Engineer Selected for 2025 OTC Class of Emerging Leaders

May 12, 2025

Bardex Corp. is pleased to announce that the Offshore Technology Conference has awarded Daniel Toerner a spot in its 2025 Emerging Leaders class. Each year, the OTC recognizes up-and-coming professionals whose work in the energy industry demonstrates…

India Mulls Cutting US LNG Import Tax

Mar 28, 2025

India is considering a proposal to scrap import tax on U.S. liquefied natural gas (LNG) to boost purchases and help cut the trade surplus with Washington, a key irritant for President Donald Trump, four government and industry sources said.The…

Tokyo Gas Enters LNG Market in Philippines

Feb 19, 2025

Tokyo Gas said on Wednesday it had made its first foray into a commercially operational terminal for liquefied natural gas outside Japan by acquiring a 20% stake in Philippines' FGEN LNG, a unit of First Gen Corp.Financial terms of the deal for the stake in FGEN LNG…

ADNOC Secures LNG Supply Deal with India's BPCL

Feb 10, 2025

Abu Dhabi National Oil Company (ADNOC) will supply 2.5 million tons of liquefied natural gas (LNG) to India's Bharat Petroleum Corp under a new five-year deal, sources with knowledge of the matter said on Monday.Indian's state refiner will receive…

Japan Adjusts Rules for Offshore Wind Auction Rounds

Jan 29, 2025

The Japanese government on Wednesday announced a revision of its rules for offshore wind power auctions as the sector globally grapples with delays and soaring expenses driven by tight supply chains and inflation.After a number of consultations…

OTE Corp Signs $3.5M Deal for OTEC Installation at US Army Base

Jan 15, 2025

Ocean Thermal Energy Corporation (OTE Corp) has partnered with Johnson Controls to demonstrate the feasibility of deploying a 17.5 MW Ocean Thermal Energy Conversion (OTEC) system at the remote military base.The contract is part of Johnson Controls…

TotalEnergies to Start Exploration Drilling Off Suriname from May

Jan 09, 2025

TotalEnergies will start drilling an exploration well on Suriname's Block 64, the company's country manager Artur Nunes da Silva said on Wednesday, adding final costs and further well operations were still being organized.Suriname is working to build its offshore oil and gas industry…

BP to Help Boost Oil and Gas Output at India’s Largest Producing Field

Jan 08, 2025

India's top explorer Oil and Natural Gas Corp ONGC on Wednesday said energy major BP will act as technical service provider to help boost oil and gas output from the country's largest producing field, off India's west coast.BP has promised an…

Sable Offshore give Update on the Haaland Lawsuit

Jan 03, 2025

Sable Offshore Corp. provided an update on the previously disclosed Center for Biological Diversity et al. v. Debra Haaland et al. lawsuit. On December 20, 2024, the U.S. Department of Justice (in its capacity as counsel for the U.S. Bureau of Safety and Environmental Enforcement…

Trump to UK: Get Rid of North Sea "Windmills"

Jan 03, 2025

With the British government's announced plan to increase the windfall tax on North Sea oil and gas producers to 38% from 35% and extend the levy by one year, a move to fund renewable energy projects, U.S. President-elect Donald Trump took to…

Vestas Lands First 15MW Offshore Wind Turbine Order in Asia Pacific

Dec 27, 2024

Vestas has received a 315 MW turbine supply order for the Oga Katagami Akita offshore wind project in Akita Prefecture in Japan.The project is being developed by Oga Katagami Akita Offshore Green Energy, a consortium consisting of JERA, Electric Power Development (J-POWER)…

Current News

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

BOEM Looks to Open 80 million

Libya, Turkey Sign MoU To Conduct Offshore Geophysical Study

Libya, Turkey Sign MoU To Cond

Japanese Firm Joins Floating Wind Demo off Spain

Japanese Firm Joins Floating W

SLB OneSubsea Gets Work on Northern Lights CCS Project Expansion

SLB OneSubsea Gets Work on Nor

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine