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Ship-to-ship transfer of ammonia; Source: Exmar
Business & Finance

Exmar wraps up its largest ship-to-ship ammonia transfer (Video)

Belgian shipping company Exmar has finished its largest ship-to-ship (STS) transfer of ammonia to date.

about 6 months ago
Transocean Enabler rig at sea
Business & Finance

Transocean rig pair picks up multimillion-dollar gigs with BP and Equinor

Transocean, an offshore drilling giant, has secured more drilling work for two mobile offshore drilling units (MODUs) off the coasts of Brazil and Norway.

about 6 months ago
South N’dola platform in Angola; Source: Chevron
Business & Finance

Chevron achieves first oil offshore Angola two years after platform construction start-up

Cabinda Gulf Oil Company (CABGOC), a subsidiary of the U.S.-headquartered energy giant Chevron, has put into production mode a new oil platform off the coast of Angola just over two years after construction on the platform began.

about 6 months ago
MoU signing ceremony; Source: Egypt's Ministry of Petroleum and Mineral Resources
Authorities & Government

More LNG for Egypt as new deal strengthens energy and gas ties with Qatar

With the aim of bolstering its liquefied natural gas (LNG) arsenal, Egypt has fortified its bonds with Qatar within the energy and natural gas domains through a memorandum of understanding (MoU) between the Egyptian Natural Gas Holding Company (EGAS) and QatarEnergy, the Persian Gulf state’s heavywe

about 6 months ago
Scottish firm to deliver 60-ton subsea structure to Norwegian oil & gas operator
Business & Finance

Scottish firm to deliver 60-ton subsea structure to Norwegian oil & gas operator

Scotland-headquartered engineering and design company T12 Engineering is set to design and manufacture a 60-ton subsea modular structure for a Norwegian oil & gas operator. Under the contract defined as major, T12 Engineering will project manage the engineering, procurement, and construction (EPC) o

about 6 months ago
FLNG MKII design with 3.5 mtpa; Source: Golar LNG
Business & Finance

Chinese firm places order with TMC for Golar’s FLNG

Norway-based TMC Compressors has been tasked with the provision of a complete marine compressed air system for a floating liquefied natural gas (FLNG) facility, which China’s CIMC Raffles is constructing for Golar LNG, the Bermuda-headquartered owner and operator of LNG midstream infrastructure.

about 6 months ago
FPF-1; Source: AF Offshore Decom
Business & Finance

Ithaca Energy books AF Offshore for North Sea decom gig

AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has landed a new decommissioning project on the UK Continental Shelf (UKCS) with Ithaca Energy, a North Sea oil and gas operator and producer.

about 6 months ago
DHT Antelope
Business & Finance

DHT Holdings takes delivery of first of four South Korea-made VLCCs

Bermuda-headquartered crude oil tanker company DHT Holdings has taken delivery of the first of four very large crude carriers (VLCCs) being constructed in South Korea. The VLCC DHT Antelope was delivered on January 2 from Hanwha Ocean and is set to enter the spot market. Another vessel is scheduled

about 6 months ago
Genting FLNG hull launching ceremony; Source: Wison New Energies
Business & Finance

With hull now done, Asian FLNG moves to next construction stage

China-based provider of clean energy services Wison New Energies (WNE) has held a hull launching ceremony at its Nantong Yard for a floating liquefied natural gas (FLNG) facility being built for Malaysia’s investment holding and management player Genting.

about 6 months ago
FPSO P-78; Source: Seatrium
Business & Finance

First oil flows from Petrobras’ new FPSO at one of world’s largest deepwater fields

Brazilian state-owned oil and gas giant Petrobras has brought online the seventh segment of its giant oil field project off the coast of Brazil, with the start-up of another floating production, storage, and offloading (FPSO) vessel.

about 6 months ago
Boskalis Subsea Services launches large-scale recruitment drive for new ROV department
Business & Finance

Boskalis Subsea Services launches large-scale recruitment drive for new ROV department

Boskalis Subsea Services, provider of IRM, construction and decommissioning services, has launched a large-scale recruitment drive to support the expansion of its remotely operated vehicle (ROV) capabilities. Boskalis Subsea Services recently established a dedicated ROV department, backed by its Rem

about 6 months ago
Port
Business & Finance

Global energy transition drags its feet as oil & gas reign over energy mix

Against the backdrop of rising greenhouse gas (GHG) emissions, energy security and financial prudence are running the investment policy show, putting the transition to low-carbon and green sources of supply on the back burner, as fossil fuels dominate the energy mix, according to GlobalData, an inte

about 7 months ago
Illustration; Source: Rystad Energy
Business & Finance

Energy outlook: 12 trends set to shape 2026 power spectrum

With market volatility, geopolitics, and policy repercussions expected to be among the key drivers affecting the global energy landscape, Rystad Energy, an energy market intelligence group, has outlined 12 predictions for the year ahead, noting opportunities and challenges that will unfold alongside

about 7 months ago
Illustration; Source: Westwood
Business & Finance

Downturn in high-impact exploration: Is revival of oil & gas drilling appetite on the cards?

Given that the number of players engaged in high-impact (HI) oil and gas exploration operations has been cut in half since 2014, Westwood Global Energy, an energy market research and consultancy firm, has warned about the uncertainty surrounding new hydrocarbon search attempts, while emphasizing the

about 7 months ago
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