Ocean Energy Resources

GLOBAL NEWS SERVICE FOR THE FOSSIL AND RENEWABLE ENERGY COMMUNITIES

Shell increases interest in deep-water Bonga field

Fossil Energy – Nigeria

Shell Nigeria Exploration and Production Company signed an agreement with TotalEnergies EP Nigeria on May 28 to acquire its 12.5% stake in the OML 118 Production Sharing Contract.

[Read more…] about Shell increases interest in deep-water Bonga field

Power from Vietnamese offshore wind exported to Malaysia and Singapore

Wind Energy – Export

In a landmark move for regional energy cooperation, leading energy companies from Malaysia, Singapore, and Vietnam have signed a Joint Development Agreement to explore the export of renewable electricity from Vietnam to Malaysia and Singapore.

[Read more…] about Power from Vietnamese offshore wind exported to Malaysia and Singapore

Acquisition of additional interest in Cygnus Field

Fossil Energy – Acquisition

Ithaca Energy has signed a sale and purchase agreement to acquire an additional 46.25% stake in the Cygnus gas field from Spirit Energy for a purchase price of  $154 million.

[Read more…] about Acquisition of additional interest in Cygnus Field

SBM Offshore wins BP’s Kaskida Project Installation Deal

Fossil Energy – FPU

SBM Offshore has signed a contract with BP Exploration and Production for the wet tow and installation of the Kaskida semi-submersible Floating Production Unit (FPU).

[Read more…] about SBM Offshore wins BP’s Kaskida Project Installation Deal