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Business Developments & Projects

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Noble Discoverer semi-submersible rig; Source: Noble via LinkedIn
Business Developments & Projects

Noble rig staying busy with Petrobras for 390 more days

Noble Corporation has secured a long-term extension with Brazil’s state-owned energy giant Petrobras for one of its semi-submersible rigs off the coast of Colombia, South America.

about 1 year ago
Vertom
Business Developments & Projects

Vertom’s eighth 7,280 dwt diesel-electric ship hits the water

Dutch shortsea shipping company Vertom Group has launched and christened its eighth 7,280 dwt diesel-electric multipurpose dry cargo ship at Thecla Bodewes Shipyards.

about 1 year ago
Rendering of Commonwealth LNG plant
Business Developments & Projects

UAE firm makes its first foray into US by joining Kimmeridge’s gas and LNG business

Mubadala Energy is entering the U.S. energy market through an equity investment into the upstream gas and liquefied natural gas (LNG) business owned by a subsidiary of Kimmeridge, an energy-focused alternative asset manager.

about 1 year ago
Türkiye Petrolleri A.O. (TPAO)
Business Developments & Projects

TPAO signs up for global oil & gas decarbonization initiative

Türkiye Petrolleri A.O. (TPAO) has become the 56th player to come on board the Oil and Gas Decarbonization Charter (OGDC), which is set on stepping up the worldwide decarbonization game in the oil and gas industry at speed and scale.

about 1 year ago
President Trump inks executive order to ‘restore American maritime dominance’
Business Developments & Projects

President Trump inks executive order to ‘restore American maritime dominance’

The President of the U.S. Donald Trump has signed an executive order seeking to “restore American maritime dominance” as uncertainty lingers over the global shipping market amid geopolitical tensions and the U.S.-China maritime rivalry. The latest developments seem to be taking a toll on Chinese shi

about 1 year ago
Honeywell launches AI-powered tech to optimize hydrogen production
Business Developments & Projects

Honeywell launches AI-powered tech to optimize hydrogen production

U.S. technology company Honeywell has launched Honeywell Protonium, a suite of technologies enabled by artificial intelligence (AI) and powered by machine learning (ML) designed to make the production of green hydrogen more efficient, cost-effective and scalable.

about 1 year ago
Lake Charles LNG; Source: Energy Transfer
Business Developments & Projects

New player coming aboard America’s LNG export project in Louisiana ahead of FID

MidOcean Energy is expanding its LNG footprint by setting the wheels in motion to get its hands on a stake in an LNG export terminal on Louisiana’s Gulf Coast, United States.

about 1 year ago
Subsea7 extends contract for 106-meter subsea vessel until 2027, potentially 2028
Business Developments & Projects

Subsea7 extends contract for 106-meter subsea vessel until 2027, potentially 2028

A joint venture company of Subsea7 and Eidesvik Offshore has secured a contract extension with Subsea7 that could keep a 2013-built subsea vessel busy until 2028. As part of the agreement with the joint venture company Eidesvik Seven Chartering, Subsea7 has extended the firm option for the 106.5-met

about 1 year ago
Noble Resolve jack-up rig as it set off from the Esbjerg shipyard, Denmark; Source: Zenith Energy
Business Developments & Projects

Scottish firm wraps up ‘challenging’ job for Canadian oil & gas player’s Baltic Sea drilling ops

Zenith Energy, an Aberdeen-headquartered well engineering consultancy and project management company, has finished its scope of work for a well drilled at a concession in the Baltic Sea off the coast of Poland.

about 1 year ago
MAN ES and COSCO eye new decarbonization retrofit projects with latest deal
Business Developments & Projects

MAN ES and COSCO eye new decarbonization retrofit projects with latest deal

China’s COSCO Shipping Heavy Industry (CHI) and Germany’s engine maker MAN Energy Solutions (MAN ES) have signed a framework agreement to extend their collaboration on decarbonization retrofit projects.

about 1 year ago
Azane Fuel Solutions sets up bunkering infrastructure subsidiary
Business Developments & Projects

Azane Fuel Solutions sets up bunkering infrastructure subsidiary

Norwegian ammonia bunkering company Azane Fuel Solutions has established a bunkering infrastructure subsidiary to advance its plans for providing clean ammonia as shipping fuel.

about 1 year ago
Thor rig; Source: Crystal Offshore via LinkedIn
Business Developments & Projects

Borr’s 2019-built rig leaves Asian yard to begin its new drilling gig

A jack-up rig, owned by Borr Drilling, has departed from a yard in Singapore to embark on a voyage toward its recently booked drilling assignment off the coast of Southeast Asia.

about 1 year ago
Wärtsilä targets up to 75% methane slip cut with new dual-fuel engine solution
Business Developments & Projects

Wärtsilä targets up to 75% methane slip cut with new dual-fuel engine solution

Finnish technology firm Wärtsilä has introduced a new solution for its Wärtsilä 50DF dual-fuel engine that reduces methane slip by up to 75%.

about 1 year ago
Tyra II; Source: TotalEnergies
Business Developments & Projects

TotalEnergies’ North Sea gas hub going full steam ahead

TotalEnergies has sorted out an operational hitch that prevented it from achieving full production capacity at its natural gas redevelopment project in the Danish sector of the North Sea.

about 1 year ago
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