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Business Developments & Projects

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Illustration; Source: Petronas
Business Developments & Projects

Petronas seals 20-year deal with MISC for newbuild LNG vessel quintet

Malaysia’s owner and operator of offshore floating and energy-related maritime solutions and services MISC Group, a member of the Petronas Group of Companies, has struck a multi-year charter with Petronas LNG Ltd. (PLL), a subsidiary of Petronas, for five newbuild liquefied natural gas (LNG) carrier

about 2 months ago
Licence 1/11 (Barryroe field); Source: Lansdowne
Business Developments & Projects

Ireland hit with multimillion-dollar arbitration claim over oil & gas project

Oil and gas company Lansdowne has embarked on an arbitration battle to pursue its Energy Charter Treaty (ECT) claim against Ireland over the country’s refusal to issue a lease undertaking for an oil and gas field in the North Celtic Sea, which is operated by Barryroe Offshore Energy’s subsidiary, Ex

about 2 months ago
Wavepiston files permits for Gran Canaria wave energy pilot, signs MoU in Iceland
Business Developments & Projects

Wavepiston files permits for Gran Canaria wave energy pilot, signs MoU in Iceland

Danish wave energy firm Wavepiston and its Spain-headquartered partner Bluenewables have submitted all permitting documentation for a site in Gran Canaria where a pilot wave energy farm is planned to be developed. Wavepiston describes the submission of permitting documentation for the selected site

about 2 months ago
Block 3 offshore Syria; Source: QatarEnergy
Business Developments & Projects

TotalEnergies, QatarEnergy, ConocoPhillips, and SPC pool resources for Mediterranean oil & gas search

Three international oil and gas players, France’s TotalEnergies, Qatar’s QatarEnergy, and U.S.-headquartered ConocoPhillips, have joined forces with the Syrian Petroleum Company (SPC), Syria’s state-owned oil exploration and production company, to embark on a hydrocarbon quest in the Mediterranean S

about 2 months ago
Bass Strait; Source: Woodside
Business Developments & Projects

Scottish player remains on support duty for Australian offshore drilling ops until 2036

Aberdeen-headquartered energy solutions business OEG has obtained a long-term multimillion-dollar contract extension to provide assistance during drilling activities off the coast of Australia.

about 2 months ago
UK firm becomes shareholder in shipyard that built its USVs
Business Developments & Projects

UK firm becomes shareholder in shipyard that built its USVs

UK designer and manufacturer of uncrewed surface vessels (USVs) ZeroUSV has made a strategic investment in the Manor Marine shipyard, which in the last 12 months constructed and outfitted all four Oceanus12 vessels currently in operation. By becoming a shareholder in Manor Marine, ZeroUSV says it se

about 2 months ago
Paul B. Loyd Jr. rig; Source: Dolphin Drilling
Business Developments & Projects

Dolphin Drilling’s 1990-built rig scores North Sea job as 1974-built semi-sub stays in India

Dolphin Drilling, an Oslo-listed, Aberdeen-headquartered owner and operator of a fleet of three harsh environment mid-water and deep-water semi-submersible drilling rigs, has firmed up a multimillion-dollar assignment for its 36-year-old semi-submersible rig on the UK Continental Shelf (UKCS), while

about 2 months ago
Onshore plant and a docked LNG vessel
Business Developments & Projects

LNG capacity boost emerging in Oceania as new gas project gets the green light

With a final investment decision (FID) now out of the way, Australia’s energy giant Santos and its joint venture partners will move forward with the development of a tie-in gas project in Papua New Guinea (PNG), Oceania.

about 2 months ago
Deadline extended for innovation program targeting offshore energy solutions
Business Developments & Projects

Deadline extended for innovation program targeting offshore energy solutions

Offshore Renewable Energy Sustainability Alliance (ORESA), an Interreg North-West Europe project, has extended the application deadline for its second innovation call targeting small and medium-sized enterprises (SMEs) developing products, technologies, or services in the offshore energy sector. The

about 2 months ago
NextGeo to deploy multiple vessels for Central Mediterranean campaign
Business Developments & Projects

NextGeo to deploy multiple vessels for Central Mediterranean campaign

Naples-headquartered Next Geosolutions (NextGeo) has won a €10 million contract to deliver geophysical survey and unexploded ordnance (UXO) activities to ensure safety during the installation of subsea energy infrastructure in the Central Mediterranean. The contract was secured with a leading intern

about 2 months ago
Minke whale
Business Developments & Projects

ScotWind developers fund study to find out more about minke whale activity

Underwater acoustic monitoring equipment has been deployed off Scotland’s east coast as part of a two-year study aimed at improving the understanding of minke whale activity in areas being considered for offshore wind farms’ export cable routes. The work, led by the Scottish Association for Marine S

about 2 months ago
OneSubsea targets next-gen technologies with purchase of Norwegian subsea business
Business Developments & Projects

OneSubsea targets next-gen technologies with purchase of Norwegian subsea business

OneSubsea, a joint venture (JV) established in 2023 by SLB, Aker Solutions, and Subsea7, has completed the acquisition of the subsea business of Norwegian Envirex Group. SLB reported on March 12 that the OneSubsea JV had entered into an agreement for the acquisition, as a result of which Envirex Gro

about 2 months ago
After ABS, Seatrium forges partnership with Bureau Veritas
Business Developments & Projects

After ABS, Seatrium forges partnership with Bureau Veritas

Seatrium Technology & Innovation, a technology subsidiary of Singapore’s offshore, marine, and energy engineering solutions specialist Seatrium, has signed a memorandum of understanding (MoU) with Bureau Veritas Marine & Offshore to advance next-generation offshore power and digital infrastructure c

about 2 months ago
Siemens Energy delivers all transformers for first UK-Germany energy link
Business Developments & Projects

Siemens Energy delivers all transformers for first UK-Germany energy link

Siemens Energy has delivered all 14 transformers that will help to power NeuConnect, the first energy link between the UK and Germany. The seventh and final transformer was delivered to the converter station site in Wilhelmshaven, Germany, this week, following the delivery of all seven transformers

about 2 months ago
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