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Business & FinanceBusiness Developments & ProjectsProject & TendersVesselsInfrastructureOutlook & StrategyVisionAuthorities & GovernmentExploration & ProductionRegulation & PolicyMarket OutlooksTransitionRules & RegulationCollaborationGreen MarineTechnologyCarbon Capture Usage & Storage
LNG tanker Lebrethah at sea
Business & Finance

Hanwha Ocean tasks GTT with tank design for seven LNG vessels

South Korea’s Hanwha Ocean shipyard has put France’s technological containment specialist Gaztransport & Technigaz (GTT) in charge of designing tanks for seven new liquefied natural gas carriers (LNGCs).

about 6 months ago
Nexans connects Sicily and Sardinia via 480-kilometer deepwater cable
Business & Finance

Nexans connects Sicily and Sardinia via 480-kilometer deepwater cable

Nexans has connected Italy’s Sardinia and Sicily via a 480-kilometer-long cable as part of the Tyrrhenian Link, described as one of the country’s most significant electrical infrastructures. The 970-kilometer, 1,000 MW interconnector encompasses two sections: the west part, connecting Sicily and Sar

about 6 months ago
Valaris DS-12 drillship; Source: Valaris
Authorities & Government

BP reiterates its plans to bolster investment in Egyptian oil & gas scene

UK-headquartered energy giant BP has reaffirmed its investment boost in the natural gas exploration and production agenda in the Mediterranean Sea off the coast of Egypt.

about 6 months ago
FPSO Agogo; Source: Yinson Production
Business & Finance

Exclusive interview with Yinson Production: Deepwater plays setting the stage for ‘robust’ FPSO and FSO market dynamics

With Brazil, West Africa, Southeast Asia, and Namibia at the heart of its expansion quest and its frontier push revolving around carbon capture and low-carbon moves, Malaysia’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson, has set its cap

about 6 months ago
Höegh Gandria; Source: Höegh Evi
Business & Finance

LNG vessel comes to Seatrium’s yard for new lease on life as Egypt-bound FSRU (Gallery)

Höegh Evi, a Norwegian owner and operator of liquefied natural gas (LNG) carriers and floating storage and regasification units (FSRUs), has confirmed the arrival of an LNG carrier (LNGC) at a yard in Singapore, where it will undergo transformation to turn into an FSRU destined for deployment in Egy

about 6 months ago
Illustration; Source: Wood Mackenzie
Authorities & Government

Oil oversupply risks and global crude trade realignment loom with Venezuela’s regime change

As Venezuela faces a regime change, the country’s production recovery is staring at a decade-long timeline despite near-term supply gains, according to Wood Mackenzie, an energy intelligence group, which believes that additional Venezuelan barrels could pressure Brent prices below mid-to high $50 pe

about 6 months ago
Maersk Tankers’ green technology business changes ownership
Business & Finance

Maersk Tankers’ green technology business changes ownership

Marine services provider V.Group has acquired Njord, a Denmark-based green technology business founded by Maersk Tankers, as part of its fuel efficiency and decarbonization goals. V.Group said that the acquisition enhances its ability to deliver value to shipowners and charterers by combining its ex

about 6 months ago
Illustration; Source: Borr Drilling
Business & Finance

Borr Drilling’s rig duo finds more work in US and Mexico

Bermuda-based offshore drilling contractor Borr Drilling has won a new assignment in the United States (U.S.) with an undisclosed operator for one premium jack-up rig and a contract extension with Italy’s Eni for another off the coast of Mexico.

about 6 months ago
Noble Venturer drillship; Source: Noble Corporation
Business & Finance

One well due online soon as drilling ops start at another with four more to follow suit off Africa

UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, is set on bringing on stream a recently completed well shortly at an oilfield off the coast of Ghana, which was drilled with a drillship owned by Noble Corporation, a U.S.-based offshore drilling giant. The fi

about 6 months ago
CETO Wave Energy Ireland passes halfway mark on EuropeWave payment
Business & Finance

CETO Wave Energy Ireland passes halfway mark on EuropeWave payment

Carnegie Clean Energy’s wholly owned subsidiary, CETO Wave Energy Ireland, has received two EuropeWave payments totalling €350,643, unlocked by completing several manufacturing deliverables for the ACHIEVE Programme. The payments were received under the EuropeWave Phase 3 Contract, which supports th

about 6 months ago
Northern Lights
Business & Finance

Northern Lights gig lands on ABL’s plate

Oslo-listed global consultancy ABL Group has been hired for work on the second phase of Northern Lights, part of the Longship full-scale carbon capture and storage (CCS) project in Norway.

about 6 months ago
Ocean Infinity set for geophysical survey at UK’s subsea electricity superhighway
Authorities & Government

Ocean Infinity set for geophysical survey at UK’s subsea electricity superhighway

Marine robotics company Ocean Infinity is expected to begin a geophysical survey for Eastern Green Link (EGL5), the UK’s fifth subsea electricity superhighway that would connect Scotland and England, in about one week. The marine survey activities are planned to commence on January 12 and to be comp

about 6 months ago
Hail and Ghasha island under construction; Source: ADNOC
Business & Finance

$11 billion financing in place for giant offshore gas project

ADNOC, in partnership with Italy’s Eni and Thailand’s PTT Exploration and Production Public Company (PTTEP), has secured a structured financing transaction of up to $11 billion (AED 40.4 billion) for its multibillion-dollar big sour gas development, which is set on becoming the world’s first project

about 6 months ago
TechnipFMC illustration
Business & Finance

TechnipFMC scores a win with BP offshore US

TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract by BP for a greenfield development in the Gulf of America (the U.S. Gulf of Mexico). The contract for the 20,000 psi (20K) Tiber project has been defined as large, which TechnipFMC says is

about 6 months ago
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