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Business Developments & Projects

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Seatrium yard; Source: Seatrium
Business Developments & Projects

Seatrium and Cochin Shipyard level up offshore collaboration

Seatrium has signed a memorandum of understanding (MoU) with India’s Cochin Shipyard to strengthen cooperation in the offshore sector across India and Asia.

about 10 months ago
Eagle Explorer
Business Developments & Projects

Cypriot firm to start work in Western Hemisphere in mid-November

Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has won a new contract for its vessel Eagle Explorer in the Western Hemisphere. Eagle Explorer will be deployed for ocean bottom node (OBN) source work under a contract that has a firm duration of approximate

about 10 months ago
Troll B platform; Credit: Øyvind Hagen/Equinor
Business Developments & Projects

New export route for North Sea gas output as pipeline gets thumbs-up

Given its dedication to curbing the decline in gas production over the coming years, the Norwegian Offshore Directorate (NOD) has given its seal of approval for a new gas export solution, delivering another path for gas exports from a platform in the North Sea, which enhances Norway’s energy securit

about 10 months ago
Al Seer Marine-BGN JV welcomes Merak into gas/ammonia carrier fleet
Business Developments & Projects

Al Seer Marine-BGN JV welcomes Merak into gas/ammonia carrier fleet

ABGC DMCC, a joint venture of Al Seer Marine and BGN, has taken delivery of Merak, a dual-fuel very large gas carrier (VLGC) equipped with ammonia-carrying capability.

about 10 months ago
Members of the Marine Energy Taskforce (MET)
Business Developments & Projects

UK marine energy sector growth under discussion by industry stakeholders

Industry stakeholders will gather in Aberdeen next month to explore the UK’s multi-billion-pound wave and tidal energy potential. The Marine Energy 2025 event, organized by Global Underwater Hub (GUH) in partnership with the UK Marine Energy Council (MEC), will take place at GUH’s office in Westhill

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

SLB picks up job with Petrobras for up to 35 wells in Brazilian waters

U.S.-headquartered technology player SLB has secured a multi-well ultra-deepwater assignment off the coast of Brazil, which will enable the country’s state-owned energy giant Petrobras to scale up its oil and gas production and overall performance.

about 10 months ago
FPSO development concept; Source: Finder Energy
Business Developments & Projects

Operator taking steps to close funding gap ahead of oil project’s FID as partner ups its stake

Finder Energy, a Perth-based oil and gas exploration player, is taking steps to secure remaining funds for a final investment decision (FID), which will enable it to develop two oilfields off the coast of Timor-Leste. To this end, the firm has agreed to enable its partner to boost its interest in th

about 10 months ago
LONGi to provide equipment for green hydrogen project in Namibia
Business Developments & Projects

LONGi to provide equipment for green hydrogen project in Namibia

LONGi Hydrogen has signed an equipment supply agreement with an undisclosed customer to provide one set of LONGi ALK Hi1 electrolyzer and its Balance of Plant (BoP) for a green hydrogen project in Namibia.

about 10 months ago
Pertamina International Shipping
Business Developments & Projects

Indonesia’s Pertamina International Shipping readies to capture CCS/CCUS sweet spot

Indonesian state-owned company PT Pertamina International Shipping (PIS) has unveiled its latest strategy to seize opportunities in international carbon shipping, signaling its readiness to support the development of the carbon capture and storage/carbon capture utilization and storage (CCS/CCUS) se

about 10 months ago
Shandong Shipping
Business Developments & Projects

Everllence methanol engines slated for Vale-chartered bulkers

Everllence received an order for ten methanol-powered engines to be installed on Vale-chartered very large ore carriers (VLOCs).

about 10 months ago
An offshore platform and a vessel next to it
Business Developments & Projects

Halliburton picks UK tech for next-gen well monitoring

Halliburton has acquired a global license to deploy technology developed by WellSense, a provider of rapid fiber-optic well diagnostics services, for use in well stimulation monitoring.

about 10 months ago
Rendering of an LNG terminal
Business Developments & Projects

ADNOC’s XRG enters US LNG scene with stake in Lone Star State’s $18.4B project

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), has wrapped up its acquisition of an interest in a liquefied natural gas (LNG) export project in Texas, United States (U.S.).

about 10 months ago
Sunlit Sea updates floating solar project planner with layout suggestions
Business Developments & Projects

Sunlit Sea updates floating solar project planner with layout suggestions

Norwegian company Sunlit Sea has added new functionality to its online floating solar project planner, enabling users to generate layout suggestions within a defined area. The tool provides an overview of the number of floats required to reach a specific project capacity. The company described the p

about 10 months ago
Construction starts on methanol-ready subsea rock installation vessel for offshore wind
Business Developments & Projects

Construction starts on methanol-ready subsea rock installation vessel for offshore wind

Rotterdam-based CSL OWL Subsea Rock Installation (CSL OWL SRI), a partnership between The CSL Group and Offshore Wind Logistics (OWL), has commenced construction of its first subsea rock installation (SRI) vessel. The company announced in November 2024 that it had placed an order for the constructio

about 10 months ago
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