Westwood Global Energy Group News

 

Canada’s $4B Floating LNG Scheme Secures 12-Year Export Deal

Dec 17, 2025

Cedar LNG, the partnership between Haisla Nation and Pembina Pipeline Corporation, has secured a 12-year agreement with Ovintiv for its floating liquefied natural gas (FLNG) facility, being developed on Canada’s West Coast.The agreement, signed by Ovintiv and a subsidiary of Pembina Pipeline Corporation, enables the export of 0.5 mtpa of LNG, under which Pembina will provide transportation and liquefaction capacity to Ovintiv over a 12-year term…

US Government Takes Another Look at Virginia Offshore Wind Project

Dec 17, 2025

The Trump administration is reviewing whether to send the Interior Department's Biden-era approval of a Virginia offshore wind project back to the agency for reconsideration, according to a court document filed on Wednesday.The agency is conducting…

Fugro Nets Mubadala Energy’s Deepwater Gas Job in Asia

Dec 17, 2025

Fugro has secured a large contract with Mubadala Energy to deliver advanced soil investigation services for the South Andaman Deepwater Development, located offshore Indonesia.The strategic project will inform the Front-End Engineering Design Engineering Procurement and Construction (EPC) award…

EnQuest Set to Top 2025 Production Forecast on Southeast Asia Gains

Dec 17, 2025

North Sea-focussed oil producer EnQuest said on Wednesday it expects to meet or exceed the upper end of its 2025 output forecast of 40,000–45,000 barrels of oil equivalent per day (boepd) as it steps up expansion in Southeast Asia.The company…

Velesto Agrees $63M Jack-Up Drilling Rig Sale with Indonesian Firm

Dec 16, 2025

Velesto has entered into a sale and purchase agreement with PT Indonesia Drilling Energy for the sale of its jack-up drilling rig, NAGA 3, for a total cash consideration of $63 million.The divestment of NAGA 3, built in 2010, is in line with the group's ongoing fleet optimization…

Technip Energies Gets On Board Thailand’s First CCS Project

Dec 15, 2025

Technip Energies has secured a detailed engineering contract for PTTEP’s Arthit Carbon Capture and Storage (CCS) facilities project in the Gulf of Thailand by Thoresen Jutal Offshore Engineering Heavy Industries Limited (Thailand).PTTEP is leading the Arthit CCS Project…

ABS Approves MISC and China Offshore’s Ammonia FPSO Design

Dec 15, 2025

MISC and China Offshore Engineering & Technology Company have received the Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for their design of an ammonia floating production storage and offloading (FPSO) vessel.This innovative…

Solstad Sells Normand Clipper CSV to Global Maritime Group

Dec 12, 2025

Norwegian offshore vessel owner Solstad Maritime has sold its Normand Clipper construction support vessel (CSV) to Global Maritime Group.Global Maritime Group, the current charterer of the vessel, declared the purchase option for the Normand Clipper…

Shell to Launch Drilling Campaign Offshore Namibia

Dec 11, 2025

Shell is preparing to launch a new drilling campaign in the PEL 39 exploration block offshore Namibia from April 2026 with its partners QatarEnergy and Namibia's national oil company Namcor.Shell's Namibia country chair Eduardo Rodriguez said…

SLB, Shell Form Alliance to Streamline Digital Oil and Gas Solutions

Dec 11, 2025

Global energy technology company SLB have signed a strategic collaboration agreement with Shell to develop digital and AI solutions that drive measurable performance and efficiency gains across upstream operations for the company and the wider industry…

Norway Gives Go-Ahead to Two Consortia in Floating Wind Tender

Dec 11, 2025

The Norwegian Ministry of Energy has decided to award two project areas for floating offshore wind at Utsira Nord to Equinor- Vårgrønn and Deep Wind Offshore Norway-EDF Renouvelables consortia.The ministry said both applicants met qualification…

GE Vernova, Seatrium Ink TenneT Deal for 2.2GW North Sea Grid Link

Dec 11, 2025

A consortium of GE Vernova and Singapore’s Seatrium has secured a major contract from Dutch-German grid operator TenneT to deliver the BalWin5 offshore grid connection, a 2.2 GW high-voltage direct current (HVDC) transmission system designed…

Gulf Auction Raises $279M as BP, Woodside and Chevron Dominate Bidding

Dec 11, 2025

BP, Woodside Energy and Chevron were the top winners on Wednesday at the U.S. government's first sale of oil and gas drilling rights in the Gulf of Mexico since 2023.The auction, which ended with $279.4 million in high bids, was the first of 30 mandated by U…

Australia Revives Offshore Exploration with New Oil and Gas Acreage Offer

Dec 11, 2025

The Australian government on Thursday released its first package of offshore oil and gas acreage for bidding since 2022.All five areas are in the Otway Basin offshore Victoria state in Commonwealth waters and come a day after the Victorian government…

ESG Completes Service Operation Vessel Conversion for HOS

Dec 09, 2025

Eastern Shipbuilding Group (ESG) completed and redelivered HOS Rocinante, a first-of-its-kind U.S.-flagged Service Operation Vessel (SOV) converted for Hornbeck Offshore Services.The vessel marks a milestone in the evolution of the U.S. offshore…

Current News

Eni Finalizes CCS Partnership with Blackrock-Backed GIP

Eni Finalizes CCS Partnership

DOF Bags Multiple Vessel Deals with Petrobras in Brazil

DOF Bags Multiple Vessel Deals

Ithaca Extends Stay of Prosafe’s Safe Caledonia Flotel in Norh Sea

Ithaca Extends Stay of Prosafe

New Chief Takes Reins at Dolphin Drilling

New Chief Takes Reins at Dolph

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine