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Business Developments & Projects

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NKT's 525 kV HVDC 90 C technology; Source: NKT
Business Developments & Projects

NKT cranks up the heat on HVDC power cables with 90°C technology

Denmark-headquartered power cable manufacturer and installation player NKT is raising the bar for high-voltage direct current (HVDC) power cable technology with a newly qualified 525 kV extruded XLPE subsea cable system for operation at 90°C, boosting transmission capability and the firm’s HVDC port

29 days ago
DNV worker illustration
Business Developments & Projects

DNV augments subsea toolkit with Equinor’s wellhead fatigue tech

Norwegian assurance and risk management company DNV is expanding its subsea technology offering by buying Equinor’s wellhead fatigue software, which the compatriot energy giant has developed and used for the past 15 years.

29 days ago
COSL Innovator rig; Source: COSL
Business Developments & Projects

New gas/condensate discovery adds to North Sea’s hydrocarbon riches

The North Sea may be a mature oil and gas basin, but it is still yielding more discoveries, as highlighted by two Norwegian energy companies, Equinor and Aker BP, which have struck gas/condensate on the Norwegian Continental Shelf (NCS), underscoring the potential to find and develop additional reso

29 days ago
Trion equipment arrives in Mexico ahead of offshore installation; Source: SBM Offshore
Business Developments & Projects

$10.4B oil project nears offshore installation as key equipment reaches Mexico

Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, has confirmed the arrival of offshore equipment in Altamira, moving a multibillion-dollar ultra-deepwater oil development project closer to its installation campaign o

about 1 month ago
Illustration; Source: Heerema Marine Contractors
Business Developments & Projects

Heerema, AF Gruppen take on 35,000-ton North Sea platform removal and recycling project

A consortium – consisting of AF Offshore Decom, part of AF Gruppen, and Heerema Marine Contractors (HMC) – has won a new assignment for offshore platform decommissioning activities on the UK Continental Shelf (UKCS), representing its third contract from the same North Sea operator in the past year.

about 1 month ago
Illustration; Source: Petrobras
Business Developments & Projects

Petrobras targets West Africa offshore frontier with four-block talks in Ghana

Brazilian state-owned energy giant Petrobras is advancing its push into West Africa’s offshore oil and gas frontier, entering negotiations for exploration contracts covering four blocks in Ghana’s Keta Basin as the Brazilian major seeks to replenish reserves and expand its international exploration

about 1 month ago
Map showing PEL 37 location; Source: Stamper
Business Developments & Projects

Sintana expands Walvis Basin exposure ahead of potential 2027 exploration wave in Namibia

Canada-headquartered oil and natural gas exploration player Sintana Energy has taken steps to position itself for the next phase of Namibia’s offshore oil story by acquiring a stake in Maravilla Oil and Gas, a privately held Namibian company focused on high-impact opportunities in West Africa, which

about 1 month ago
Ramform Tethys vessel; Source: TGS
Business Developments & Projects

TGS awarded data brokerage and licensing rights for block offshore Brunei

Following a streamer acquisition contract in the Mediterranean, Norway’s energy data and intelligence company TGS has reported the award of data brokerage, marketing and licensing rights by the Petroleum Authority of Brunei Darussalam (PA) for subsurface data over an offshore block in Brunei. The aw

about 1 month ago
TechnipFMC’s first 7-in. Subsea 2.0 tree goes to Chevron in Australia
Business Developments & Projects

TechnipFMC’s first 7-in. Subsea 2.0 tree goes to Chevron in Australia

TechnipFMC has delivered its first 7-in. Subsea 2.0 tree to Chevron in Australia, the first christmas tree (XT) delivered under the companies’ 20-year master service order. The XT #1 system represents the first-article build of TechnipFMC’s 7-in. Subsea 2.0 platform and was delivered for Chevron Aus

about 1 month ago
Dhirubhai Deepwater KG2 drillship; Source: Transocean
Business Developments & Projects

Transocean’s 16-year-old drillship lands $300M job with India’s ONGC

Switzerland-based offshore drilling contractor Transocean has won a new long-term assignment for a 2010-built ultra-deepwater drillship with India’s government-owned energy giant Oil and Natural Gas Corporation (ONGC).

about 1 month ago
Norwegian player moves to expand its oil & gas portfolio with assets in West Africa
Business Developments & Projects

DNO cashes out of Côte d’Ivoire as Panoro deepens African offshore gas drive

Norway’s oil and gas player DNO is exiting Côte d’Ivoire by divesting its business in the West African country to Panoro Energy, raking in an estimated 24% annualized return on its investment while handing its Norwegian peer a gas-weighted production base that will boost output by about 23% and deep

about 1 month ago
Riser issue for FPSO operating in North Sea sorted out a year after it arose
Business Developments & Projects

DeepOcean deploys robotics for diverless subsea tie-in at North Sea oil & gas development

Norwegian ocean services provider DeepOcean has completed subsea tie-in work using diverless technology for an oil and gas development tied back to an existing floating production, storage and offloading (FPSO) vessel in the UK sector of the North Sea.

about 1 month ago
Johan Sverdrup field; Source: Equinor
Business Developments & Projects

Poland’s Orlen locks in Norwegian crude supplies with Equinor amid oil market volatility

Poland’s Orlen has secured up to a quarter of its crude needs through a new deal with Norway’s state-owned energy giant Equinor, which expands the duo’s strategic energy ties while ensuring the Polish player’s long-term access to Norwegian oil and strengthening European energy cooperation and securi

about 1 month ago
Blackford Dolphin rig; Source: Dolphin Drilling
Business Developments & Projects

Oil India keeps Dolphin Drilling’s rig on offshore assignment through October

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of harsh-environment mid-water and deepwater semi-submersible drilling rigs, has secured an extension of a drilling job, which one of its units is carrying out off the coast of India for Oil India Limited (OIL), a

about 1 month ago
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