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Business Developments & Projects

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Illustration; Source: McDermott
Business Developments & Projects

McDermott among Aramco’s hand-picked contractors for large-scale projects

U.S. offshore engineering and construction player McDermott has made the cut and secured its spot in the contractor pool that Saudi Arabia’s Aramco selected for a project management consultancy (PMC) long-term agreement (LTA) to support delivery of large-scale energy, downstream, petrochemical and l

about 1 month ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business Developments & Projects

Green light for North Sea ops with Odfjell Drilling’s rig

Norwegian authorities have approved drilling activities that Norway’s oil and gas player Aker BP is planning to undertake in the North Sea on the Norwegian Continental Shelf (NCS), with a rig owned by Odfjell Drilling, an offshore drilling contractor.

about 1 month ago
Saipem 7000 vessel at Bouri gas project; Source: Saipem
Business Developments & Projects

Saipem makes inroads at African offshore gas project with ‘major milestone’ (Gallery)

Saipem has reported a new achievement in the execution phase of a gas project off the coast of Libya, which is operated by Mellitah Oil & Gas Libyan Branch, a consortium formed by National Oil Corporation of Libya and Eni North Africa.

about 1 month ago
Northern Lights JV
Business Developments & Projects

Northern Lights strengthens its fleet with new LCO2 vessel award to K Line and MISC

Northern Lights, a joint venture (JV) encompassing three European oil majors: Shell, Equinor, and TotalEnergies, has decided to enlarge its fleet with another liquefied carbon dioxide (LCO2) carrier through a time charter deal with a consortium between Japan’s Kawasaki Kisen Kaisha (K Line) and Mala

about 1 month ago
Illustration; Courtesy of Subsea7
Business Developments & Projects

Subsea7 scoops up new multimillion-dollar US Gulf tie-back

Luxembourg-domiciled Subsea7 has landed a new oil and gas assignment in the U.S. Gulf with Murphy Exploration & Production Company, an affiliate of Houston-based Murphy Oil Corporation.

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

UK oil & gas operator hires Dolphin Drilling’s rig on multimillion-dollar gig

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 picked up an assignment in the UK with an undisclosed oil and gas operator for one of its semi-submersible rigs.

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

Ineos and Marubeni’s deal bringing more LNG to Asia

London-based Ineos Energy has shaken hands with Marubeni Corporation, a Japanese integrated trading and investment business conglomerate, on a liquefied natural gas (LNG) supply deal, which enriches Asia’s LNG arsenal.

about 1 month ago
FPF-1; Source: Ithaca Energy
Business Developments & Projects

Bilfinger workers on multi-day strike mission at Ithaca’s North Sea assets over pay dispute

Multiple offshore members employed by Bilfinger are set to kick off multi-day industrial action due to a dispute over pay, which will lead to an eight-day stoppage at a floating storage unit (FSU) and a floating production facility (FPF) on the UK Continental Shelf (UKCS).

about 1 month ago
LNG Canada
Business Developments & Projects

JGC, Fluor in the clear for early works to double output at Shell-run LNG Canada

JGC Fluor BC LNG II joint venture (JV), composed of Japan’s JGC Holdings Corporation and Fluor Corporation, has been given the go-ahead to move forward with early activities for the expansion of a liquefied natural gas (LNG) export terminal in Kitimat, Canada’s British Columbia, which is operated by

about 1 month ago
Solstad goes on decarbonisation quest with Wärtsilä
Business Developments & Projects

SBM Offshore, Solstad enrich fleet pool with new multi‑purpose installation vessel

Norwegian shipping company Solstad Offshore has joined forces with Netherlands-based SBM Offshore, a provider of the design, construction, installation, and operation of offshore floating facilities, to strengthen its fleet with a new-build multi-purpose deepwater installation and construction vesse

about 1 month ago
MSC
Business Developments & Projects

Projectile strikes on MSC’s vessel raise maritime security concerns

Switzerland-headquartered Mediterranean Shipping Company (MSC), a privately owned global shipping and logistics giant and part of MSC Group, has reported two projectile attacks on its Panama-flagged cargo ship in the Middle East, which is interpreted to highlight threats to maritime trade.

about 1 month ago
Central Azeri Patform, Caspian Sea - Petrofac
Business Developments & Projects

BP flows first non-associated gas from its giant Caspian Sea field

UK-headquartered energy giant BP has achieved the start of non-associated gas (NAG) production at its giant oilfield in the Caspian Sea off the coast of Azerbaijan.

about 1 month ago
JDR opens subsea cable factory in Blyth
Business Developments & Projects

JDR opens subsea cable factory in Blyth

JDR Cable Systems has opened its new subsea cable factory in Cambois, near Blyth, UK, which the company says expands its capacity to supply inter-array, interconnector and export cable systems for offshore wind projects. The new plant is aimed at supporting growing demand for offshore wind infrastru

about 1 month ago
Fast4Ward FPSO design; Source: SBM Offshore
Business Developments & Projects

SBM Offshore and Petrobras seal FPSO pair deal for $12-billion oil & gas duo

Given its plan to bring to life two approved oil and gas developments in the Sergipe Alagoas Basin off the coast of Brazil, the country’s state-owned energy giant Petrobras has signed off on deals for two floating production, storage, and offloading (FPSO) units with Dutch giant SBM Offshore, laying

about 1 month ago
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