Rebalance Rig Sourcing After Asian Yard Delivery and LNG Shift

Alexandros Exarchou, CEO of Atlantic SEE LNG Trade, underlined: “The expansion of our commercial agreement with Venture Global reflects the ambition and solid ground of our long-term strategic plan on LNG and the potential of the vertical corridor, which can provide alternatives and energy security across Central and Eastern Europe

Calcasieu Pass terminal; Source: Venture Global Venture Global and Atlantic-SEE LNG Trade have confirmed an expansion of their existing sales and purchase agreement (SPA) for the acquisition of U

” The expanded supply agreement follows the American LNG producer’s previously announced investment in regasification capacity at the Alexandroupolis LNG import terminal in Greece, which currently accounts for approximately 25% of the terminal’s total capacity

This FPSO is expected to contribute to increasing the total production capacity of the Búzios field, which is deemed to be one of the world’s largest deepwater oil fields, to around 1

This content is available after accepting the cookies. The Búzios field is operated by a consortium consisting of Petrobras (operator), its Chinese partners, CNOOC and CNODC, and PPSA, the company responsible for managing production sharing contracts (PSCs)

FPSO P-79; Source: Hanwha Ocean Following its departure from Hanwha Ocean’s South Korean shipyard in Geoje in November 2025, the FPSO P-79 reached the pre-salt Santos Basin in February 2026, when it was towed to its location at Petrobras’ Búzios field, where it produced first oil on May 1 and completed its first offloading on May 30, 2026. The completion of the FPSO’s first oil offloading is described by Hanwha Ocean as a milestone that demonstrates the firm’s successful construction of a high-quality FPSO, fo

Home Fossil Energy Serica’s North Sea expansion boost: Acquisition wrap-up ensures oil & gas portfolio growth June 11, 2026, by UK-based upstream oil and gas player Serica Energy has enhanced its long-term resource outlook by bringing to a close the acquisition of previously disclosed assets from the Netherlands-headquartered exploration and production player ONE-Dyas. Catcher FPSO; Source: Harbour Energy Serica revealed the acquisition of ONE-Dyas’ 10% non-operated working interest in the Harbour Energy-operat

The deal was estimated to be worth $6

Home Fossil Energy Serica’s North Sea expansion boost: Acquisition wrap-up ensures oil & gas portfolio growth June 11, 2026, by UK-based upstream oil and gas player Serica Energy has enhanced its long-term resource outlook by bringing to a close the acquisition of previously disclosed assets from the Netherlands-headquartered exploration and production player ONE-Dyas