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Business Developments & Projects

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Jacket for Tangguh UCC project; Source: BP
Business Developments & Projects

First jacket for BP’s $7 billion gas and CCUS project reaches its destination

BP, a UK-headquartered energy giant, has tucked a new milestone under its belt with the arrival of the first jacket at the installation site in Indonesia out of four offshore pieces undergoing construction for a project featuring enhanced gas recovery (EGR) through carbon capture, utilization, and s

about 2 months ago
Saipem 7000 working on offshore installation campaign at Neptun Deep; Source: Saipem
Business Developments & Projects
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Saipem highlights ‘key’ offshore installation milestone at Europe’s mega gas development

Italy’s engineering, drilling, and construction services giant Saipem has confirmed the wrap-up of an offshore installation campaign, which has put a new production platform in place at a multibillion-euro natural gas project in the Romanian waters of the Black Sea.

about 2 months ago
GEOxyz brings survey expertise to South Korea through local partnership
Business Developments & Projects

GEOxyz brings survey expertise to South Korea through local partnership

Belgium-headquartered GEOxyz is bringing its capabilities to South Korea with the establishment of a strategic partnership with local companies for the provision of offshore survey services. GEOxyz reported today, July 23, that it had signed a memorandum of understanding (MoU) with SKY Offshore and

about 2 months ago
Half of cabling in place for first UK-Germany energy link
Business Developments & Projects

Half of cabling in place for first UK-Germany energy link

With over 350 kilometers of offshore and onshore cable laid, the NeuConnect high-voltage submarine cable that will create the first direct energy transmission link between the UK and Germany has reached the halfway point in its cabling program. The milestone comes as NeuConnect marks the third anniv

about 2 months ago
Abeona CCS
Business Developments & Projects

Worley takes pre-FEED role on Roman goddess-named Dutch North Sea CCS project

Australia’s engineering firm Worley has been tasked with carrying out the pre-front-end engineering design (pre-FEED) work for a carbon capture and storage (CCS) project bearing the name of a Roman goddess in the Dutch sector of the North Sea, as the Netherlands’ depleted offshore fields are being t

about 2 months ago
DOF sells four PSVs, buys two newbuild CSVs to further optimize fleet
Business Developments & Projects

DOF sells four PSVs, buys two newbuild CSVs to further optimize fleet

Norway’s DOF Group is selling four platform supply vessels (PSVs) and buying two construction support vessels (CSVs) as part of further fleet optimization and high-grading strategy. The PSVs Skandi Mongstad (2008-built), Skandi Flora (2009), Skandi Feistein (2011) and Skandi Kvitsøy (2012) are expec

about 2 months ago
Transocean Enabler rig at sea
Business Developments & Projects

Fresh black gold discovery emerges as tie-back candidate for Norway’s flagship Barents Sea oil hub

Norway’s state-owned energy giant Equinor has made a new oil find on the Norwegian Continental Shelf (NCS), putting on the table a potential tie-back to the country’s largest oil development ever brought on stream in the Barents Sea.

about 2 months ago
A drillship at sea
Business Developments & Projects

$260 million drilling job with Eni takes Saipem’s drillship back to Côte d’Ivoire

Italy’s engineering, drilling, and construction services giant Saipem has picked up a multimillion-dollar assignment in African waters for one of its drillships, enabling the rig to once again work for Eni Côte d’Ivoire, a subsidiary of the Italian energy giant Eni.

about 2 months ago
Dutch ocean current prototype wraps up open-water testing
Business Developments & Projects

Dutch ocean current prototype wraps up open-water testing

Dutch Equinox Ocean Turbines (EQOT) has completed open-water testing of its ocean current prototype, collecting data used to de-risk and advance the technology toward commercial deployment. The open-water testing of the Mobula 5 1:10 prototype began in Friesland, the Netherlands, earlier this month,

about 2 months ago
Labin rig; Source: INA
Business Developments & Projects

First of five wells in €65 million North Adriatic drilling campaign yields more gas

Zagreb-headquartered INA Group, a member of the MOL Group, has found gas at the first well in its multi-well drilling campaign on its North Adriatic gas field off the coast of Croatia.

about 2 months ago
FPSO Energean Power works at the Karish field offshore Israel; Source: Energean
Business Developments & Projects

Second FPSO oil train boosts Brent-linked production growth

London-based oil and gas player Energean has put into operation a second oil train on a floating production, storage, and offloading (FPSO) vessel deployed at a field off the coast of Israel.

about 2 months ago
Ramform Tethys
Business Developments & Projects

TGS gets the ball rolling across three continents

Some ten days after the announcement of a strategic collaboration agreement with Allton for accelerating the deployment of innovative deepwater ocean-bottom node (OBN) technology, Norwegian energy data and intelligence company TGS has reported updates from three countries, namely Norway, Ghana and C

about 2 months ago
Naga 8 jack-up rig; Source: Velesto
Business Developments & Projects

Chevron books Velesto’s 2015-built rig on multimillion-dollar gig in Southeast Asia

Velesto Drilling, a wholly-owned subsidiary of Malaysia’s Velesto Energy, owner of premium jack-up rigs, has secured a deal to provide a jack-up rig for a drilling campaign off the coast of Malaysia, Southeast Asia.

about 2 months ago
Illustration; Source: ABL Group
Business Developments & Projects

ABL on FSO installation duty for Papua New Guinea’s first offshore floating facility

Energy and marine consultancy ABL, part of Oslo-listed global consultancy group Aqualis, has landed a new installation job with Oil Search (PNG), a subsidiary of Australia’s Santos, for a floating storage and offloading (FSO) unit off the coast of Papua New Guinea.

about 2 months ago