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Business Developments & Projects

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Illustration; Source: ADNOC Gas
Business Developments & Projects

$4 billion deal in hand as ADNOC scores 20-year gas supply assignment

ADNOC Gas, a subsidiary of the UAE’s Abu Dhabi National Oil Company (ADNOC), has secured a multimillion-dollar natural gas supply agreement with EMSTEEL, an integrated steel and building materials manufacturer, to power the United Arab Emirates’ industrial growth.

about 10 months ago
Map showing Comoros; Source: TGS
Business Developments & Projects

TGS picks up geophysical data deal for offshore oil & gas basins in Africa

Norwegian energy data and intelligence company TGS has secured the rights to market and license offshore geophysical data for the offshore acreage in the Comoros, a small island country in the Indian Ocean, off the eastern coast of Africa.

about 10 months ago
FPSO Western Isles; Source: Jersey Oil & Gas
Business Developments & Projects

Future of North Sea oil project may be up in the air as trio contemplates UK tax policy’s impact

Following the UK’s decision to retain its current fiscal and regulatory regime regarding Britain’s oil and gas policy, Aberdeen-based full-cycle energy business NEO NEXT Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are expected to gather together to determine their next steps f

about 10 months ago
Illustration; Source: Offshore Energies UK (OEUK)
Business Developments & Projects

£50 billion going down the drain as UK keeps oil & gas windfall tax in place

As the dust continues to settle over the United Kingdom (UK) government’s decision to retain the energy profits levy (EPL), known as the windfall tax on oil and gas profits, Britain’s trade body for the offshore energy industry, Offshore Energies UK (OEUK), has expressed its dissatisfaction with the

about 10 months ago
Illustration; Source: Fugro
Business Developments & Projects

Fugro fortifies Asian presence by setting up remote operations shop in Malaysia

Dutch geo-data specialist Fugro has taken a step to expand its footprint in Southeast Asia with the launch of its new remote operations center (ROC) in Malaysia’s Kuala Lumpur, which is anticipated to enable the Netherlands-headquartered giant’s personnel to control offshore survey operations remote

about 10 months ago
DLV 2000 vessel on FaS gas development project in Malaysia; Source: McDermott
Business Developments & Projects

McDermott crosses the finish line for subsea gig at Shell’s gas project

U.S. offshore engineering and construction player McDermott has put the finishing touches on an assignment, encompassing multiple natural gas fields, which Sarawak Shell, a subsidiary of the UK-headquartered energy giant Shell, operates off the coast of Malaysia.

about 10 months ago
EirGrid completes first phase of surveys at Ireland’s 900 MW offshore wind area
Business Developments & Projects

EirGrid completes first phase of surveys at Ireland’s 900 MW offshore wind area

Irish transmission system operator (TSO) EirGrid has completed the first phase of marine and coastal surveys along Ireland’s south coast, which includes cable route corridor options from Maritime Area A, or Tonn Nua, offshore wind area of the Irish Government’s South Coast Designated Maritime Area P

about 10 months ago
Multi-purpose accommodation support vessel (MP-ASV); Courtesy of Damen
Business Developments & Projects

Damen in charge of forging subsea crane-endowed multi-purpose vessel with five more on the cards

Damen Shipyards Group, a Dutch shipbuilding giant, has been tasked with bringing to life a new multi-purpose accommodation support vessel (MP-ASV) for Windcat, a part of CMB.TECH, said to be one of the world’s largest listed, diversified, and future-proof maritime groups, with a fleet of about 250 v

about 10 months ago
Illustration; Source: NKT
Business Developments & Projects

UK underwater market hits £9.4 billion: Project delays place offshore energy supply chain at risk

Global Underwater Hub (GUH), the trade and development body representing the UK’s multibillion-dollar subsea sector, has undertaken a new study for the nation’s underwater sectors, which emphasizes that frequent delays to offshore energy and infrastructure projects threaten the viability of Great Br

about 10 months ago
Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Business Developments & Projects

More US LNG going to Japan: Venture Global and Tokyo Gas shake hands on 20-year offtake

With another liquefied natural gas (LNG) offtake deal in the bag, the U.S. export project developer Venture Global has secured its fourth multi-year contract with a Japanese company.

about 10 months ago
Baleària
Business Developments & Projects

Baleària to get standalone methanol-powered electricity generation equipment on its electric ferry

Spanish ferry company Baleària has decided to incorporate “Europe’s first” autonomous e-methanol power generation container into the electric ferry Cap de Barbaria.

about 10 months ago
Illustration; Source: TotalEnergies
Business Developments & Projects

France’s gas ‘safety net’ no longer needed: TotalEnergies dismantling LNG terminal

TotalEnergies has decided to demobilize its floating storage and regasification unit (FSRU) in Le Havre, as this liquefied natural gas (LNG) terminal is no longer required to strengthen energy security in the country and Europe.

about 10 months ago
Illustration; Source: Woodside
Business Developments & Projects

Greater Sunrise on Southeast Asia’s gas horizon: Woodside strikes deal for LNG concept

Woodside has signed on the dotted line with the Ministry of Petroleum and Mineral Resources (MPRM) of Timor-Leste to carry out studies and activities to mature a Timor-based LNG concept (TLNG) for gas fields in Southeast Asia.

about 10 months ago
Tiber floating production platform is based more than 85% on Kaskida's design (Kaskida rendering); Source: BP
Business Developments & Projects

BP tasks Seatrium with FPU job in Gulf of America

UK-headquartered energy giant BP has entrusted Seatrium, a Singapore-headquartered provider of offshore, marine, and energy solutions, with an assignment related to a newbuild floating production unit (FPU), destined for deployment at a deepwater oil project in the Gulf of America (the U.S. Gulf of

about 10 months ago
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