Tokyo-based Idemitsu Kosan is setting the stage for full-scale entry into the liquefied natural gas (LNG) business with its multimillion-dollar investment in MidOcean Energy, an LNG player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG).
While taking a deep dive into the floater rig market and top floating rig managers based on the current total backlog for 2026, Westwood Global Energy, an energy market research and consultancy firm, has spotlighted five offshore drilling players – Transocean, Noble, COSL, Seadrill, and Valaris – as
Japanese shipping major Mitsui O.S.K. Lines (MOL) is acquiring a stake in Hamburg-based Deutsche Offshore Schifffahrt (DO), a joint venture with Schoeller Holdings, as well as shares in construction commissioning service operation vessels (C-CSOVs) currently under construction. The joint venture bet
With instability and vulnerabilities looming across global markets and power systems in the wake of the U.S. and Israeli attack on Iran, South Asia’s planned multibillion-dollar liquefied natural gas (LNG) infrastructure expansion is exposed to economic and energy security risks, according to Global
Ireland-headquartered XOCEAN has received remotely operated uncrewed vessel (ROUV) certification for its X-30 vessel under the UK Workboat Code Edition 3 (WBC3). XOCEAN reported earlier this month that Lloyd’s Register (LR) had certified its X-30 ROUV under the UK Maritime and Coastguard Agency’s (M
Keyfield International, a Malaysian fleet owner of offshore vessels, has picked up new assignments across Malaysia, the Middle East, and Thailand for seven accommodation work boats (AWB) and one anchor handling tug supply (AHTS) vessel.
Gas Malaysia, a Malaysian natural gas provider, is all set to proceed with the development of a liquefied natural gas (LNG) regasification terminal project in Yan, Kedah.
Qatar’s state-owned oil and gas giant QatarEnergy has confirmed missile attacks at multiple liquefied natural gas (LNG) facilities, which sustained significant damage during the assault that left the targeted LNG infrastructure in flames.
Italy’s energy giant Eni has taken final investment decisions (FIDs) for two gas projects off the coast of Indonesia, Southeast Asia. The company expects these projects to strengthen not only domestic supply but also LNG exports, while leveraging existing infrastructure to accelerate time to market.
Australia’s engineering company Worley has been given the green light to move forward with all works related to the second phase of a liquefied natural gas (LNG) project in Louisiana, which will up the United States’ energy infrastructure ante.
Three players – the UK-headquartered and AIM-listed Afentra, Etablissements Maurel & Prom S.A. (M&P), and Angola’s national oil company Sonangol E&P – have signed off on the acquisition of the interest Etu Energias holds in two offshore blocks in this country on the western coast of Southern Africa.
Saipem’s underwater inspection drone (UID) FlatFish has completed a test campaign with Brazil’s oil & gas major Petrobras as part of a contract awarded in 2023, ahead of deployment in a real offshore environment. The functional acceptance tests (FAT) were held at Saipem’s underwater drone testing fa
The seabed clearance phase for the second electrical interconnector between Malta and Italy has begun, aiming to make the cable corridor route debris-free and safe for cable installation. Following the completion of the detailed marine route survey carried out by Italy’s Next Geosolutions (NextGeo),
Brazilian oil and gas company PRIO, formerly known as PetroRio, has brought online the first well at its subsea tie-back project in the Campos basin off the coast of Brazil.
