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Business Developments & Projects

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‘World’s largest’ vertical continuous vulcanization tower under construction in US
Business Developments & Projects

‘World’s largest’ vertical continuous vulcanization tower under construction in US

LS GreenLink, the U.S. subsidiary of South Korean LS Cable & System, has started the construction of a 201-meter vertical continuous vulcanization (VCV) tower for cable insulation at its high-voltage direct current (HVDC) subsea cable factory in Virginia. The construction of the factory started in A

27 days ago
Trion development concept; Source: Woodside
Business Developments & Projects

SBM Offshore puts $465 million financing in place for Gulf of Mexico-destined FSO

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has secured multimillion-dollar financing for a newbuild floating storage and offloading (FSO) unit, which will be deployed at a deepwater oil project off the coast of

27 days ago
Eni and BP order Vallourec’s pipe for Angolan waters
Business Developments & Projects

Eni and BP order Vallourec’s pipe for Angolan waters

French provider of tubular solutions Vallourec has won a contract with Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, to deliver pipes for an ultra-deepwater development in Angola. Vallourec will supply over 26,000 tons of seamless carbon steel line pipes, representing approximat

27 days ago
Sabratha platform; Source: Mellitah Oil & Gas
Business Developments & Projects

Gas boost offshore Libya as Eni and NOC’s project comes online

Mellitah Oil & Gas, a joint venture (JV) between Italy’s energy giant Eni and the Libyan National Oil Corporation (NOC), has fortified Libya’s gas production with the start-up of an offshore compression project.

28 days ago
PTO module assembly starts for BiMEP-destined wave energy unit ahead of October deployment
Business Developments & Projects

PTO module assembly starts for BiMEP-destined wave energy unit ahead of October deployment

The first of three power take-off (PTO) modules for Carnegie Clean Energy’s CETO wave energy converter (WEC) has been delivered to SKF’s manufacturing facility in Germany, where final PTO assembly works are being carried out, before ocean deployment set for October. CETO is a fully submerged, point

28 days ago
Fast4Ward FPSO design; Source: SBM Offshore
Business Developments & Projects

SBM Offshore places order for 13th multi-purpose floater hull to bolster its FPSO fleet

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has signed off on the construction of its seventh generic Fast4Ward multi-purpose floater (MPF7) hull with Shanghai Waigaoqiao Shipbuilding (SWS) and China Shipbuildin

28 days ago
Atlantic Zonda drillship; Source: Pelago Management
Business Developments & Projects

Vantage and Eldorado merger births ‘enhanced’ offshore drilling player

Vantage Drilling, a Bermuda-exempt offshore drilling contractor, has wrapped up its proposed business combination with Eldorado Drilling, an offshore drilling player backed by a group of well-known Norwegian investors, establishing what it describes as a scalable offshore drilling platform with “enh

28 days ago
Illustration; Source: Santos
Business Developments & Projects

Santos seals ten-year gas supply deal

Australia’s energy player Santos has ironed out a decade-long gas supply agreement with the South Australian government.

28 days ago
Illustration; Source Shell
Business Developments & Projects

Shell puts Chiyoda on support duty for potential upcoming projects

Shell Global Solutions International, a subsidiary of the UK-headquartered energy giant Shell, has hired Japan’s engineering player Chiyoda Corporation to handle engineering and procurement work for its potential future projects around the globe.

28 days ago
Cable for Malta’s second interconnector with Sicily ready for installation
Business Developments & Projects

Cable for Malta’s second interconnector with Sicily ready for installation

Nexans has completed the manufacturing and factory acceptance testing (FAT) of 100 kilometers of subsea cable for the second electrical interconnector between Malta and Italy, with the cable now ready for load-out and installation. The IC2 interconnector will consist of a new 122-kilometer-long, 225

28 days ago
Deepsea Bergen rig; Source: Odfjell Drilling
Business Developments & Projects

Path clear for Odfjell Drilling’s rig to spud North Sea wildcat in August

Norway’s state-owned energy giant Equinor has secured a drilling permit for operations in the North Sea on the Norwegian Continental Shelf (NCS), which will be conducted with a semi-submersible rig owned by Odfjell Drilling, an offshore drilling contractor.

28 days ago
VARD delivers Japan-bound hybrid construction and cable laying vessel
Business Developments & Projects

VARD delivers Japan-bound hybrid construction and cable laying vessel

Norwegian ship designer and shipbuilder VARD has delivered a 151-meter-long hybrid construction and cable laying vessel (CLV) to Japanese Toyo Construction, destined for Japan’s offshore wind market. The vessel, named Discovery, was delivered on June 26 from Vard Langsten in Norway, where it was out

28 days ago
Rendering of Argentina LNG project; Source: YPF
Business Developments & Projects

Eni widens South American footprint with block trio linked to Argentina LNG

Italy’s energy giant Eni has set the wheels in motion to expand its upstream portfolio with three blocks in Argentina, connected to a liquefied natural gas (LNG) export project planned for development in the South American country.

28 days ago
EPCI contract with Vår Energi among ‘largest awards in Ocean Installer’s history’
Business Developments & Projects

EPCI contract with Vår Energi among ‘largest awards in Ocean Installer’s history’

Norway’s Ocean Installer, a wholly owned subsidiary of Moreld Group, has secured a fast-track engineering, procurement, construction and installation (EPCI) contract with Vår Energi to execute all subsea umbilicals, risers, and flowlines (SURF) installation activities for the Balder Next New Wells p

28 days ago
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