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Perenco pens gas deal for Southeast Asian offshore project

Perenco Vietnam, part of Anglo-French oil and gas player Perenco, has inked a gas sales and purchase agreement (GSPA) for a project off the coast of Vietnam, Southeast Asia. The post Perenco pens gas deal for Southeast Asian offshore project appeared first on Offshore Energy.

BP, ONGC upping the production ante in ‘most prolific’ oil & gas region offshore India

UK-headquartered energy giant BP has joined forces with India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC) to bolster hydrocarbon output in the Western Offshore Basin (Arabian Sea), seen as India’s “most prolific” offshore hydrocarbon region. The post BP, ONGC upping the production ante in ‘most prolific’ oil & gas region offshore India appeared …

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War cover available for Hormuz trades but transit challenges remain: insurers

War coverage is readily available for shipping companies seeking to transit the Strait of Hormuz, according to insurance industry participants, but obstacles remain for normal maritime traffic to return due to security and legal issues. On June 18, Iran and the US signed a preliminary peace agreement aiming to restore cargo flows via Hormuz — …

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