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Business Developments & Projects

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DecommissioningFossil EnergyFPSOFPSO & VesselsOil & GasSubseaBusiness & FinanceProject & TendersAuthorities & GovernmentRegulation & PolicyExploration & ProductionRigsCablingHuman CapitalInfrastructureVesselsClean FuelFunding & RegulationHydrogenLow-Carbon TransitionOther FuelsRules & RegulationTransitionCollaborationEquipmentOutlook & StrategyResearch & DevelopmentTechnologyLiquefied Natural Gas
Edda Freya; Courtesy of DeepOcean
Business Developments & Projects

DeepOcean winding down North Sea FPSO disconnection gig for TotalEnergies

DeepOcean is close to crossing the finish line for an assignment in the North Sea, which entails the disconnection and tow of a floating production, storage, and offloading (FPSO) vessel, alongside the removal of associated subsea infrastructure on the UK Continental Shelf (UKCS).

about 10 months ago
Rio Grande LNG terminal; Courtesy of NextDecade
Business Developments & Projects

Stage getting set for sixth train at multibillion-dollar LNG project in Texas

By kicking off the pre-filing process, Houston-headquartered NextDecade Corporation is putting the wheels into motion to add another train and expand its liquefied natural gas (LNG) export project under development in Texas, United States.

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

TotalEnergies, Petronas, and QatarEnergy set their cap on hydrocarbon exploration off Guyana

Three energy giants – France’s TotalEnergies, Qatar’s state-owned QatarEnergy, and Malaysia’s Petronas – are joining forces to explore the hydrocarbon potential of an offshore block in Guyanese waters.

about 10 months ago
Map showing Somalia's offshore acreage; Courtesy of TGS
Business Developments & Projects

TGS prolongs geophysical data mission for Somalia’s offshore hydrocarbon basins

Norwegian energy data and intelligence company TGS has struck a deal with the government of Somalia to extend its assignment to market and license offshore geophysical data for the African country’s acreage, said to be among the world’s most under-explored regions.

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

Keel laying for third out of 20 planned jack-ups done, with fourth rig in the pipeline

Aside from a deal to build a fourth jack-up in a series of 20 planned newbuild Saudi-operated and manufactured offshore rigs, which has been signed by International Maritime Industries (IMI) and ARO Drilling, a 50/50 joint venture between Valaris and Aramco, a keel laying ceremony has been held for

about 10 months ago
Courtesy of Terna
Business Developments & Projects

Italy’s Milan-Montalto subsea cable link’s authorization on the cards in mid-2026

Italy’s transmission system operator (TSO) Terna is getting ready to disclose the results of public input on its new project, envisioned to connect Lazio and Lombardy via a route of around 500 kilometers, integrating renewables and increasing energy transport capacity.

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

NKT widens production capacity at its cable accessories factory in Germany

Danish power cable manufacturer and installation firm NKT has embarked on a mission to expand production capacity at its cable accessories site in Nordenham, Germany, to meet the continued high demand for medium-voltage power cable accessories in Europe.

about 10 months ago
Double win for Baker Hughes offshore Norway
Business Developments & Projects

Vår Energi enlists Norwegian firm to support its oil & gas drilling and subsurface activities

Norway’s Well Expertise Consultancy, a subsidiary of Well Expertise, has landed a multi-year deal to provide Vår Energi, an oil and gas operator, with drilling, wells, and subsurface consultants to assist the hydrocarbon player in carrying out onshore and offshore operations on the Norwegian Contine

about 10 months ago
FPSO Emem; Source: Oriental Energy
Business Developments & Projects

Drydocks World transforms oil tanker into FPSO destined for Nigeria’s oil field

The UAE-headquartered marine and offshore services provider Drydocks World Dubai, a part of DP World, has confirmed a sail-away ceremony for a recently converted floating production, storage, and offloading (FPSO) vessel bound to be deployed at an oil field off the coast of Nigeria, Africa.

about 10 months ago
MESH and existing energy infrastructure and projects surrounding it; Source: EnergyPathways
Business Developments & Projects

Fourfold boost in store for UK’s wind-powered gas and hydrogen storage project with license submission

England-based energy transition-focused player EnergyPathways has handed in an application for an enlarged gas storage license, covering the natural gas and hydrogen storage elements of its flagship project, located off the Cumbria coast in the East Irish Sea.

about 10 months ago
Courtesy of TGS
Business Developments & Projects

TGS’ multi-client 2D-cubed project set to enhance drilling outcomes offshore India

Norwegian energy data and intelligence company TGS has revealed a new multi-client 2D-cubed project off the coast of India’s Andaman region.

about 10 months ago
The crew of the Innovator places a subsea connector in the stern chute.
Business Developments & Projects

PacWave deal signals next step for US wave energy

Wave energy test site PacWave and the Bonneville Power Administration (BPA) have signed a power purchase agreement (PPA) that will enable the first delivery of wave-generated electricity to the U.S. main grid, with CalWave preparing to deploy its xWave device at the PacWave South site operated by Or

about 10 months ago
Vessel carrying LNG cargo; Courtesy of LNG Canada
Business Developments & Projects

Canada’s first large-scale export project sends off another LNG cargo

With another liquefied natural gas (LNG) cargo out of the way, LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has reached a new milestone at its giant LNG export terminal in Kitimat, Canada’s British Columbia.

about 10 months ago
LNG tanker (for illustration purposes); Source: U.S. Department of Energy
Business Developments & Projects

US eyes blanket LNG and hydropower authorizations to streamline energy infrastructure permitting

The U.S. Federal Energy Regulatory Commission (FERC) is seeking input on its move to cut the red tape for infrastructure permitting by establishing procedures for blanket authorizations for certain activities at liquefied natural gas (LNG) plants and hydroelectric projects.

about 10 months ago
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