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Business & FinanceBusiness Developments & ProjectsOutlook & StrategyProject & TendersInfrastructureVesselsAuthorities & GovernmentExploration & ProductionOperations & MaintenanceRegulation & PolicySafetyCollaborationEnvironmentPorts & LogisticsTechnology
TGS wins contract extensions in Norway, about to start 3D survey in Brazil
Business & Finance

TGS wins contract extensions in Norway, about to start 3D survey in Brazil

Norwegian energy data and intelligence company TGS has secured an extension for its current contracts with what it says is a major international energy company, for reservoir monitoring and source services on the Norwegian Continental Shelf (NCS). The contracts cover the provision of reservoir monit

about 8 months ago
NOCC’s first LNG dual-fuel PCTC named in China
Business Developments & Projects

NOCC’s first LNG dual-fuel PCTC named in China

Oslo-headquartered shipowner Norwegian Car Carriers (NOCC) has named its first LNG dual-fuel pure car and truck carrier (PCTC) built by CIMC Raffles shipyard in China.

about 8 months ago
Hammerfest LNG on Melkøya; Credit: Øyvind Gravås and Jonny Engelsvoll/Equinor
Authorities & Government

Probe into incident at Equinor’s LNG hub sheds light on root cause

While pinpointing the primary source, Norway’s state-owned energy giant Equinor has shared its findings regarding a recent investigation into an incident at its liquefied natural gas (LNG) facility on Melkøya island in Northern Norway.

about 8 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business Developments & Projects

Bangladesh, APM Terminals ink $550 million investment accord

The Dutch container terminal operator APM Terminals, a part of Denmark’s shipping giant A.P. Moller – Maersk, has signed a concession agreement valued at $550 million with the Bangladeshi Chittagong Port Authority (CPA), aiming to deepen the South Asian nation’s infrastructural development and susta

about 8 months ago
Amogy bags $15M strategic investment from South Korean partner
Business & Finance

Amogy bags $15M strategic investment from South Korean partner

U.S. ammonia-to-power solutions provider Amogy has raised a $15 million strategic investment from South Korea’s GS E&C to accelerate the deployment of ammonia-based, carbon-free distributed power solutions.

about 8 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

North Sea oil & gas portfolio recalibration in progress with another asset swap deal

Norwegian oil and gas player DNO has struck a new asset exchange deal to high-grade its North Sea portfolio. The latest move will enable it to swap assets with Orlen Upstream Norway, a subsidiary of Poland’s Orlen. The all-cash transactions are conditional on customary government approvals.

about 8 months ago
Noble Intrepid (former Maersk Intrepid) jack-up rig; Source: Noble Corporation
Authorities & Government

Page ends up being blank as North Sea drilling ops yield no oil

DNO Norge, a subsidiary of Norwegian oil and gas player DNO, has not found black gold during the drilling of a well in the North Sea off the coast of Norway, which was conducted with a rig owned by Noble Corporation, a U.S.-headquartered offshore drilling giant.

about 8 months ago
TechnipFMC illustration
Business & Finance

Eni awards ‘substantial’ integrated EPCI contract to TechnipFMC in Indonesia

TechnipFMC has secured an integrated engineering, procurement, construction and installation (iEPCI) contract with Italy’s energy giant Eni for a deepwater project offshore Indonesia. TechnipFMC will design and manufacture Subsea 2.0 tree systems, flexible flowlines, a manifold, and controls, as wel

about 8 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

$27 billion fills Shell, BP, TotalEnergies, Eni, Equinor, ExxonMobil, Chevron, and ConocoPhillips’ quarterly profit coffers

Against the backdrop of concerns over hydrocarbon production rates, the European and U.S. oil majors – the UK’s duo Shell and BP, France’s TotalEnergies, Norway’s Equinor, and Italy’s Eni alongside U.S.-based trio: ExxonMobil, Chevron, and ConocoPhillips – have secured over $27.14 billion in profits

about 8 months ago
Deepsea Bollsta; Source: Odfjell Drilling
Business & Finance

2019-built rig changing hands thanks to $480 million sale deal

A six-year-old semi-submersible rig, managed by Odfjell Drilling and owned by Northern Ocean, is getting a new owner, as the current manager sets the stage to become the new owner of this mobile offshore drilling unit (MODU).

about 8 months ago
Illustration; Source: Petrobras
Business & Finance

Petrobras digs up more black gold offshore Brazil

Brazilian state-owned energy giant Petrobras has unearthed more oil in the Campos Basin off the coast of Brazil.

about 8 months ago
FPSO; Source: MODEC
Business & Finance

MODEC-SOFEC merger giving birth to integrated mooring solutions business unit

Japan’s MODEC has embarked on a strategic merger of its wholly owned companies, MODEC America and SOFEC, to create an integrated mooring solutions business unit and strengthen global offerings.

about 8 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Infrastructure

MPCC orders four energy-efficient boxships

Norwegian container tonnage provider MPC Container Ships (MPCC) has entered into contracts with China’s shipbuilder Jiangsu Hantong Ship Heavy Industry for the construction of four 4,500 TEU container vessels.

about 8 months ago
Nexans Electra
Business & Finance

Nexans Electra makes a splash, sea trials set for spring (Gallery)

The hull of Nexans’ new cable-laying vessel (CLV) Nexans Electra has been launched from the dock hall at Ulstein Verft in Norway, marking the start of the finalizing phase of testing and tuning before delivery next year. The vessel is nearing the completion of the outfitting phase, which has include

about 8 months ago
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