intent, Author at GUPC | Page 25 of 668

Nikkiso Regasification Tech Picked for Shell-FOCOL LNG-to-Power Project

Oil & Gas‚ Oil and Gas Industry | intent | August 21, 2025 | Comment off

“Nikkiso’s LNG-to-power solution is preferred by our customers because we can engineer, manufacture, install, and service critical equipment which helps provide power via natural gas in some of the world’s most remote locations. We’ve proven time and again that we are a reliable partner, supporting customers with quick delivery and installation for projects of any scale”, Adrian Ridge, President and CEO of Nikkiso, said. “This project is a good insight into how important cryogenic equipment is for companies like NPG looking to expand lower-carbon power generation”.

Malaysia Launches Floating Solar and Hydrogen Hub

Oil & Gas‚ Oil and Gas Industry | intent | August 21, 2025 | Comment off

“These projects show that Terengganu has the potential to lead in green energy and create new economic opportunities for the people. With support from TNB and Petronas, we believe Terengganu can become a top choice for green energy investment in the region”, Burhanuddin Hilmi Mohamed Harun, Terengganu Inc. President and Group CEO, said.

Petrobras Chair Quits as He Prepares to Join Oil Regulator

Oil & Gas‚ Oil and Gas Industry | intent | August 21, 2025 | Comment off

Mendes, who began his career at ANP, resigned effective immediately, according to a Petrobras filing Wednesday. He is also Brazil’s oil and gas secretary at the Mines and Energy Ministry. His new appointment hasn’t yet been published in the official gazette.

Norway Oil Output Hits Highest in a Decade

Oil & Gas‚ Oil and Gas Industry | intent | August 21, 2025 | Comment off

Norwegian oil and gas producers are spending billions to squeeze output from the country’s mature continental shelf. While exports have dropped from what they were in the early 2000s, July crude loadings from the country were forecast to reached the most since at least 2012, according to consultant FGE NexantECA.

Brazil oil and gas adds over $59 billion in annual value for public programs, study finds

Oil & Gas‚ Oil and Gas Industry | intent | August 21, 2025 | Comment off

For the first time, the IBP study consolidates the various revenue sources generated by the sector, including ICMS, government takes (royalties and special participations), signature bonuses, the Federal Government’s profit-oil under production sharing contracts, and general federal taxes such as PIS/Cofins, CSLL, and Corporate Income Tax (IRPJ), all of which apply across the value chain.

Tullow Oil talks refinancing, debt strategy with bondholders

Oil & Gas‚ Oil and Gas Industry | intent | August 20, 2025 | Comment off

Tullow became one of the UK’s hottest independent oil explorers after making major African discoveries in the late 2000s. But it took on huge debts to develop them, and in recent years struggled to bring Kenyan fields onstream. This year it agreed to sell the Kenyan deposits and offloaded assets in Gabon as it looks to pay down debt.

LNG demand, prices to rise further this year, says Woodside CEO

Oil & Gas‚ Oil and Gas Industry | intent | August 20, 2025 | Comment off

While oil prices have fallen this year as OPEC+ returns shuttered production, natural gas has remained strong in both Asia and Europe, O’Neill said in a separate interview with Bloomberg TV. LNG is traditionally sold under long-term contracts linked to oil. However, Woodside has benefited as about a quarter of its fuel is sold with an indexation to gas, O’Neill said.

Indonesia Energy signs exploration agreement with Brazil’s Aguila

Oil & Gas‚ Oil and Gas Industry | intent | August 20, 2025 | Comment off

“This collaboration marks an exciting first step by IEC to evaluate world-class opportunities beyond Indonesia in Brazil, a market that has become one of the most attractive for upstream investment,” said Frank Ingriselli, IEC’s President. “Working with Blener Mayhew and his team will give us immediate local insight and access. In addition to opportunities in Brazil, AEP may also assist us in further commercializing our Indonesian assets and identifying new Indonesian domestic growth projects. Together with our planned drilling program at our Kruh Block, this initiative advances our growth strategy to scale production and diversify our portfolio in the final months of 2025 and beyond.”

Nikkiso contracted for Bahamas LNG-to-power project

Oil & Gas‚ Oil and Gas Industry | intent | August 20, 2025 | Comment off

The project involves an LNG receiving terminal in support of additional power generation at Clifton Pier. It aims to deliver lower-carbon infrastructure by using LNG to feed new and retrofitted gas turbines which previously used diesel. Nikkiso CE&IG will manufacture and deliver the LNG packaged regasification system which includes high-pressure submerged centrifugal pumps installed in a modular pump skid; a gas-fired water bath vaporizer and associated power distribution and control systems; an insulated pipeline featuring Nikkiso CE&IG’s vacuum jacketed system; and site critical ancillary equipment. The Group will also provide engineering services in support of the project.

Production in New Zealand’s Copper Moki Ramping Up after Recompletions

Oil & Gas‚ Oil and Gas Industry | intent | August 20, 2025 | Comment off

“The [Crown Minerals Amendment] Bill removes the ban on oil and gas exploration beyond onshore Taranaki, better aligns decommissioning settings with international practice, establishes a new tier of permit to undertake small-scale non-commercial gold mining and signals the Coalition Government’s intent to reinvigorate investment in Crown-owned minerals”, Jone said in a statement.

Author: intent