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Business Developments & Projects

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Block 24; Source: ANPG
Business Developments & Projects

Appraisal ops strengthen Angola’s non-associated gas potential

An appraisal well in the Benguela Basin’s Block 24 has confirmed high-quality reservoirs and delivered Angola’s first full drill stem test (DST) on a non-associated gas reservoir.

about 1 month ago
MV Island Captain; Source: SLB
Business Developments & Projects

Vessel upgrade on the agenda: SLB, Equinor strike multi-year deal to unlock Norway’s tight offshore reservoirs

U.S.-headquartered technology player SLB has signed off on a long-term stimulation assignment on the Norwegian Continental Shelf (NCS) with Norway’s state-owned energy giant Equinor.

about 1 month ago
Noble Interceptor rig; Source: Noble Corporation
Business Developments & Projects

Noble’s 2014-built jack-up rig scoops up new P&A job with ConocoPhillips

Noble Corporation, a U.S.-based offshore drilling giant, has lined up a new assignment for a 12-year-old jack-up rig off the coast of Norway with ConocoPhillips Skandinavia, a subsidiary of the U.S.-headquartered energy company ConocoPhillips.

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

ExxonMobil books McDermott for Mozambique’s multibillion-dollar LNG project

McDermott Energy Solutions (UK), a subsidiary of the U.S. offshore engineering and construction player McDermott, has secured a letter of intent (LOI) for a proposed liquefied natural gas (LNG) project with ExxonMobil Moçambique, a subsidiary of the American energy giant ExxonMobil, on behalf of par

about 1 month ago
Rendering of Argent LNG tanks and a vessel
Business Developments & Projects

Transgaz-Argent LNG MOU advances US gas route to Central and Eastern Europe

Romania’s national natural gas transmission system operator (TSO) Transgaz has deepened its U.S. liquefied natural gas (LNG) ties through a memorandum of understanding (MOU) with Argent LNG, a U.S.-based LNG export developer headquartered in Louisiana, in a push to diversify regional energy supply b

about 1 month ago
An aerial view of the Excelsior ship docked at Freeport LNG terminal; Courtesy of Freeport LNG
Business Developments & Projects

Enbridge adding strategic LNG infrastructure to US Gulf Coast growth pipeline

With liquefied natural gas (LNG) exports reshaping North America’s energy landscape, Canada-headquartered energy infrastructure company Enbridge has made another strategic move on the U.S. Gulf Coast by penning an exclusive option to acquire the TTC Connector, designed to provide a new link into an

about 1 month ago
A man climbing down a ladder on an offshore platform
Business Developments & Projects

BP takes full control of gas project offshore Trinidad after Woodside exit

BP has set the wheels in motion to become the sole owner and operator of a deepwater natural gas field by buying the stake its partner, Australia’s energy giant Woodside Energy, holds in the project being developed off the coast of Trinidad and Tobago.

about 1 month ago
FSO PTSC Lac Da Vang (FSO PTSC LDV); Source: OceanStar Elite
Business Developments & Projects

Murphy closing in on first oil from Southeast Asian offshore project

Murphy Oil is making inroads in developing an oil field off the coast of Vietnam, with the start-up on schedule for the next quarter. The firm is also pursuing other hydrocarbon projects not just in Southeast Asia, but also in other regions of the world.

about 1 month ago
Penglai field; Source: ConocoPhillips via LinkedIn
Business Developments & Projects

Latest chapter up and running at Chinese oilfield project housing 19 offshore platforms

Chinese state-owned oil and gas giant China National Offshore Oil Corporation (CNOOC) and its partner, the U.S.-headquartered energy firm ConocoPhillips, have brought online the next expansion segment at an existing oilfield off the coast of China, enabling the project to be home to 19 offshore plat

about 1 month ago
UK to get extreme environment center for subsea technology testing
Business Developments & Projects

UK to get extreme environment center for subsea technology testing

A £150 million (around €175.6 million) extreme environment center capable of simulating currents, waves and wind is planned to be built in the UK, enabling the testing of technologies in realistic simulated conditions for the subsea and offshore wind markets, among other things. Being developed by N

about 1 month ago
Bruce field - Serica
Business Developments & Projects

Serica targets production growth with North Sea drilling campaign of up to six wells

UK-based upstream oil and gas player Serica Energy is setting the stage to ink a rig deal for its planned multi-well drilling program in the UK sector of the North Sea to achieve high-impact organic production growth.

about 1 month ago
LNG carrier Simaisa; Source: Exmar
Business Developments & Projects

Exmar enriching LNG bunkering market with floating transshipment unit

Belgian shipping company Exmar has taken delivery of a liquefied natural gas (LNG) carrier (LNGC), which will be upgraded to function as a floating transshipment unit (FTU), dedicated to the LNG bunkering market.

about 1 month ago
Prysmian buys Scottish training facility for cable jointers
Business Developments & Projects

Prysmian buys Scottish training facility for cable jointers

Italian cabling company Prysmian has acquired a training facility for high-voltage cable jointers in Scotland, bringing on board over 20 apprentice jointers and experienced training staff. Located in North Ayrshire, the academy will support installation and inspection, maintenance and repair (IMR) o

about 1 month ago
FPSO Western Isles; Source: NEO Energy
Business Developments & Projects

License alignment buys time to pick production solution for new UK North Sea oil hub

As the UK regulator has decided to prolong a license in alignment with another one in the area to pave the way for an integrated development plan, Aberdeen-based full-cycle energy business NEO NEXT Energy and its partners, Serica Energy and Jersey Oil & Gas (JOG), are expected to contemplate all ava

about 1 month ago
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