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Authorities & GovernmentBusiness & FinanceBusiness Developments & ProjectsCarbon Capture Usage & StorageExploration & ProductionRegulation & PolicyProject & TendersEquipmentVesselsCollaborationEnvironmentGreen MarineOutlook & StrategyTechnologyTransitionVisionInfrastructurePorts & Logistics
Abadi LNG; Source: Inpex
Authorities & Government

$20 billion Asian LNG project moves forward with environmental clearance

An environmental approval is paving the way for the development of a liquefied natural gas (LNG) project in Indonesia’s Masela block, which is expected to play a significant role in Asia’s energy security.

about 5 months ago
Valaris DS-9 drillship; Source: ExxonMobil
Business & Finance

Rig gigs of $900 million push Valaris’ backlog to $4.7 billion

Bermuda-incorporated offshore drilling contractor Valaris has secured a batch of new drillship and jack-up rig assignments and extensions in Africa, Asia-Pacific, Europe, and North and South America.

about 5 months ago
Tekmar
Business & Finance

Long-standing customer taps Tekmar for cable protection under €4.7M contract

UK-headquartered Tekmar Group has won a contract worth over £4 million (around €4.68 million) under which it will deliver cable protection systems (CPS) for an offshore wind farm development in Europe. The contract was awarded by a long-standing customer, as Tekmar said, for the delivery of the 10th

about 5 months ago
AHTS Skandi Laser; Source: DOF
Business & Finance

One vessel leaving its fleet as DOF moves to bring in 2011-built duo

Norwegian vessel owner DOF Group has taken steps to expand its fleet with the acquisition of two anchor handling tug supply (AHTS) vessels. The firm has also decided to offload one AHTS ship.

about 5 months ago
Anemoi and COSCO Shipping Heavy Industry renew wind propulsion collaboration
Business & Finance

Anemoi and COSCO Shipping Heavy Industry renew wind propulsion collaboration

UK-based wind-assisted propulsion provider Anemoi Marine Technologies has renewed its framework agreement with Chinese COSCO Shipping Heavy Industry (CHI) for the provision of comprehensive wind propulsion installation services across CHI subsidiary shipyards. The partners have completed the install

about 5 months ago
Ndungu full field start-up has been achieved in Angola; Source: Azule Energy
Business & Finance

First oil gushes out from Azule Energy’s project in Angolan waters

Azule Energy, a joint venture between two energy majors, Italy’s Eni and the UK’s BP, has reached full field start-up off the coast of Angola by bringing online three oil production wells.

about 5 months ago
NKT secures copper supply for next ten years
Business & Finance

NKT secures copper supply for next ten years

As its copper demand continues to grow in line with the expansion of production facilities, Denmark-headquartered NKT has renewed its long-term copper supply agreement with European mining and smelting company KGHM, ensuring availability for the next decade. The current contract was signed in 2023 a

about 5 months ago
FPSO Prof. John Evans Atta Mills operating on TEN fields - Tullow
Authorities & Government

Tullow dishes millions to buy FPSO deployed in West Africa

Tullow Ghana Limited (TGL), a subsidiary of the UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, has set the wheels in motion to acquire a floating production, storage, and offloading (FPSO) vessel, which is working off the coast of Ghana, West Africa.

about 5 months ago
€17.5M investment to expand EMEC’s tidal energy test facilities
Authorities & Government

€17.5M investment to expand EMEC’s tidal energy test facilities

The European Marine Energy Centre (EMEC) has secured a £15 million (around €17.5 million) investment to expand its tidal energy research and development (R&D) infrastructure in Orkney, Scotland. The Blue Horizon project will expand EMEC’s tidal test facilities to enable the demonstration of tidal en

about 5 months ago
Illustration; Source: Uniper
Business & Finance

Uniper signs off on 10-year LNG supplies to India

German energy player Uniper has inked a long-term liquefied natural gas (LNG) deal with India’s Gujarat State Petroleum Corporation (GSPC), which provides LNG supplies for the Asian country.

about 5 months ago
Illustration; Source: Santos
Business & Finance

Santos lines up decade-long gas deal

Australia’s energy player Santos has landed a multi-year gas supply agreement with the South Australian government.

about 5 months ago
Consortium selected to lead Vietnam’s largest LNG power project
Authorities & Government

Consortium selected to lead Vietnam’s largest LNG power project

A consortium of South Korea’s SK Innovation, PetroVietnam Power Corporation (PV Power), a subsidiary of Vietnam’s state-run PetroVietnam group, and Vietnamese company NASU has been selected as the project developer for Vietnam’s largest LNG power project. Valued at approximately $2.3 billion, the Qu

about 5 months ago
Illustration; Source: BOEM
Authorities & Government

US sets the date for third Gulf of America oil & gas lease sale

The U.S. Bureau of Ocean Energy Management (BOEM) has proposed the date for the third offshore lease sale out of thirty Gulf of America (U.S. Gulf of Mexico) oil and gas lease sales under the One Big Beautiful Bill Act.

about 5 months ago
Stena IceMax; Source: Stena Drilling
Business & Finance

Shell spins the drill bit with Stena drillship in Egyptian waters

UK-headquartered energy giant Shell has embarked on multi-well drilling activities off the coast of Egypt with a drillship owned by Scotland-headquartered offshore drilling contractor Stena Drilling.

about 5 months ago
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