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Illustration of subsea rock installation vessels; Source: Van Oord
Business & Finance

Van Oord’s subsea rock installation vessel pair to sport TMC’s compressed air system

TMC, a Norway-based designer of compressed air systems for marine and offshore use, has received an order to provide a marine compressed air system for two subsea rock installation vessels being built for the Netherlands-headquartered marine contractor Van Oord.

about 1 month ago
Johan Sverdrup field; Credit: Lizette Bertelsen/Jonny Engelsvoll/Equinor
Business & Finance

Aker BP gets hold of larger stake in huge North Sea oil field

Norwegian oil and gas player Aker BP has augmented its interest in a giant field in the North Sea, which is considered to be one of the largest producing oil fields on the Norwegian Continental Shelf (NCS).

about 1 month ago
LNG facility; Source: Sempra
Business & Finance

Sempra, TotalEnergies up LNG ante at Mexico’s Pacific Coast with project start-up

Sempra Infrastructure, a subsidiary of North America’s energy infrastructure company Sempra, and its joint venture partner, France’s energy giant TotalEnergies, have expanded liquefied natural gas (LNG) output in Mexico by achieving the first LNG production at their project in Ensenada.

about 1 month ago
Illustration; Source: ADES
Business & Finance

Jack-up rig picked for six-well drilling campaign in Southeast Asia

West Natuna Exploration Limited (WNEL), a majority-owned subsidiary of Singapore-headquartered natural gas player Conrad Asia Energy, has booked a jack-up rig for a multi-well drilling campaign at its natural gas field in the West Natuna Sea off the coast of Indonesia, Southeast Asia.

about 1 month ago
FPSO Cidade de Itajaí; Source: Altera Infrastructure
Business & Finance

Altera & Ocyan JV passes FPSO operatorship baton to Karoon

Karoon Energy, an ASX-listed international oil and gas exploration and production company, has taken over the operatorship helm from Altera & Ocyan (A&O), a joint venture between Altera Infrastructure and Ocyan, at a floating production, storage, and offloading (FPSO) vessel, which is working on an

about 1 month ago
Mermaid Maritime sets up joint venture in Singapore to reactivate existing vessel
Business & Finance

Mermaid Maritime sets up joint venture in Singapore to reactivate existing vessel

Thailand-headquartered subsea and offshore drilling services company Mermaid Maritime Public Company Limited has established a joint venture (JV) company in Singapore to serve as the investment and operating vehicle for the reactivation and subsequent commercial deployment of an existing offshore su

about 1 month ago
First of five methanol retrofits completed under Seaspan and Hapag-Lloyd’s collab
Business & Finance

First of five methanol retrofits completed under Seaspan and Hapag-Lloyd’s collab

Maritime asset ownership and management firm Seaspan Corporation and German container shipping major Hapag-Lloyd have completed the first of five vessel conversions under their methanol retrofit program. Following the delivery of Seaspan Yangtze, the remaining vessels planned for retrofit are Seaspa

about 1 month ago
Trion development concept; Source: Woodside
Business & Finance

SBM Offshore shedding partial stake in Gulf of Mexico-bound FSO

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has decided to sell a minority interest to its long-standing business partner Nippon Yusen Kabushiki Kaisha (NYK) in a newbuild floating storage and offloading (FSO) u

about 1 month ago
Cedar FLNG is being built at Samsung Heavy Industries' Geoje shipyard; Source: SHI
Business & Finance

Canada’s $4B hydro-powered LNG project advances with FLNG launch at Samsung Heavy Industries

South Korea’s Samsung Heavy Industries (SHI) has held a launching ceremony for a floating liquefied natural gas (FLNG) unit destined for deployment in the traditional territory of the Haisla Nation, on Canada’s West Coast.

about 1 month ago
LNG vessel; Source: GTT
Business & Finance

Hanwha Ocean taps GTT for LNG carrier tank design

French technological containment specialist Gaztransport & Technigaz (GTT) has been hired by South Korea’s Hanwha Ocean shipyard to design a tank for a new liquefied natural gas carrier (LNGC).

about 1 month ago
Viridien names new CEO after eight years
Business & Finance

Viridien names new CEO after eight years

The Board of Directors of French geophysical services company Viridien has appointed Henning Berg as the company’s new Chief Executive Officer (CEO) and Director. Viridien‘s Board of Directors appointed Berg as CEO following the general meeting held on June 3, succeeding Sophie Zurquiyah, who will r

about 1 month ago
Delfin LNG; Source: Delfin Midstream
Business & Finance

World’s largest FLNG crosses the FID finish line with $5 billion committed

Delfin Midstream, a U.S.-based liquefied natural gas (LNG) export infrastructure development company, has signed off on a final investment decision (FID) for the first floating LNG (FLNG) vessel destined for an LNG project under development in Louisiana, United States.

about 1 month ago
All inter-array cables in place at Iberdrola’s Windanker offshore wind farm
Business Developments & Projects

All inter-array cables in place at Iberdrola’s Windanker offshore wind farm

Van Oord has completed the inter-array cable installation campaign at the Windanker offshore wind farm site in the Baltic Sea. According to the project owner and developer, Iberdrola, the campaign involved the installation and burial of 21 inter-array cables with a combined length of 28 kilometers.

about 1 month ago
Illustration; Source: Petronas
Business & Finance

Cross‑border partnership sets its cap on offshore oil recovery boost

Malaysia’s state-owned oil and gas heavyweight Petronas has joined forces with regional partners to jointly evaluate opportunities for improved and enhanced oil recovery (IOR/EOR) in offshore acreages.

about 1 month ago
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