Malaysia’s state-owned energy giant Petronas has sold a partial interest in its Canadian assets to MidOcean Energy, a liquefied natural gas (LNG) player formed and managed by the U.S.-headquartered investment company EIG Global Energy Partners (EIG).
Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has landed a multi-year contract extension for two floating production, storage, and offloading (FPSO) vessels off the coast of Angola with Esso Exploration Angola, an
Three jack-up rigs, owned by Noble Corporation, ADES (former Shelf Drilling), and Borr Drilling, are carrying out oil and gas drilling activities in the Dutch sector of the North Sea (DNS) for Canada’s Tenaz Energy, the Netherlands-based ONE-Dyas, and Italy’s Eni.
The wave and tidal energy market is projected to grow to $1.85 billion by 2032, with ocean-based renewable power expected to move beyond pilot installations and enter early commercial deployment by 2031, according to a report by market research firm DataM Intelligence. The global wave and tidal ener
Norwegian vessel owner DOF Group has landed seven contract extensions with Brazil’s state-owned energy giant Petrobras, which will add more than $160 million to the firm’s backlog.
Prosafe, an Oslo Stock Exchange-listed semi-submersible accommodation vessel owner and operator, has won a letter of award (LoI) with North Sea-focused Ithaca Energy for one of its flotels.
Norwegian shipbuilder VARD, a subsidiary of Italian shipbuilding company Fincantieri, has signed a memorandum of understanding (MoU) with Norwegian research institute NORCE to cooperate on research and innovation related to subsea technology, among other things. The strategic partnership will be foc
Denmark has issued its first-ever approval for a full-scale CO2 storage facility, clearing the Greensand Future project to store CO2 in the Nini West field in the North Sea. The Danish Energy Agency reported today, December 18, that the licensees behind Greensand Future, INEOS E&P, Harbour Energy an
DNO, a Norwegian oil and gas operator, has secured oil offtake agreements with subsidiaries of U.S.-headquartered ExxonMobil and the UK-based Shell.
Spanish bound4blue has completed the installation of what it says is the largest suction sail ever fitted to a general cargo vessel for Dutch shipping company Amasus. Bound4blue and Amasus Shipping completed the installation of a 22-meter eSAIL on the general cargo vessel Fluvius Tavy at Astander Sh
Marinus Link Pty Ltd (MLPL) has executed its major works contract with a joint venture (JV) of DT Infrastructure and Samsung C&T Corporation for the namesake interconnector in Australia, after the JV was named the preferred bidder in September. The $994 million contract for TasVic Greenlink (TVGL) c
Proton Ventures, a Dutch player in the clean ammonia arena, has established a new development company with Norway’s independent clean energy company Barents Blue, previously a subsidiary of Horisont Energi, to bring to life a clean ammonia project, said to be Europe’s largest clean ammonia productio
The U.S. Office of Fossil Energy and Carbon Management has received an application from ST LNG for a long-term, multi-contract authorization to export domestically produced liquefied natural gas (LNG) up to the equivalent of 460 billion cubic feet of natural gas per year to free trade agreement (FTA
Vår Energi, a Norwegian oil and gas operator, has put into production mode another addition to an oil project in the North Sea off the coast of Norway.
