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Business Developments & Projects

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Deepwater InstallationFossil EnergyFPSOFPSO & VesselsOil & GasProduction & ProcessingSubseaBusiness & FinanceProject & TendersClean FuelLiquefied Natural GasOther FuelsExploration & ProductionCollaborationOutlook & StrategyOffshore WindSurveys & InterventionsVesselsVessels & VehiclesAuthorities & GovernmentRegulation & PolicyRules & RegulationMethanolGreen MarineVisionRigsLNGPipesCertification & Classification
FPSO Agogo; Source: Azule Energy
Business Developments & Projects

Saipem picks up $350 million subsea job offshore Angola

Italy’s engineering, drilling, and construction services company Saipem has won a roughly $350 million contract from Azule Energy, a joint venture between Italy’s Eni and the UK’s BP, for subsea work on an offshore development in Angola, adding another major deepwater award to the Italian contractor

8 days ago
Plaquemines LNG; Courtesy of Venture Global LNG
Business Developments & Projects

Baker Hughes enlisted to power next wave of Venture Global’s LNG expansion

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U.S.-headquartered energy technology giant Baker Hughes and Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, are deepening their partnership as the LNG developer moves forward with the next stage of a major U.S. LNG infrastructure buildout.

8 days ago
Gjøa; Source: Vår Energi
Business Developments & Projects

Fulkrum steps up Norwegian offshore oil & gas presence with Vår Energi deal

Fulkrum, a London-headquartered technical services company providing inspection, expediting, auditing and technical staffing solutions to energy and industrial projects, has landed an inspection services contract with Vår Energi, an independent oil and gas operator on the Norwegian Continental Shelf

8 days ago
SED Energy Holdings and Ventura Offshore to unite into one
Business Developments & Projects

SED Energy Holdings and Ventura Offshore to unite into one

SED Energy Holdings and Ventura Offshore have signed a letter of intent (LoI) for an all-share combination with the aim of creating a larger and stronger publicly listed energy services platform. Energy Holdings will acquire 100% of the outstanding shares in Ventura Offshore, remaining the listed pa

11 days ago
New Boskalis rock installation vessel starts work offshore Poland
Business Developments & Projects

New Boskalis rock installation vessel starts work offshore Poland

Boskalis’s recently commissioned subsea rock installation vessel, the Windpiper, has placed the first rock on its maiden project, the Bałtyk 2 and Bałtyk 3 offshore wind farms in the Baltic Sea, developed by Equinor and Polenergia Offshore Wind Poland. Shortly after the christening ceremony, the Win

11 days ago
21 companies apply for Norway’s new oil & gas exploration areas
Business Developments & Projects

21 companies apply for Norway’s new oil & gas exploration areas

The Norwegian Ministry of Energy has received applications from 21 companies showing interest in new exploration areas on the Norwegian Continental Shelf (NCS) as part of this year’s Awards in predefined areas (APA) licensing round. APA 2026 was announced on May 5, with applications closing on Septe

11 days ago
Spanish shipyard launches its largest-ever vessel, built for Østensjø Rederi
Business Developments & Projects

Spanish shipyard launches its largest-ever vessel, built for Østensjø Rederi

Spanish GONDAN Shipbuilders has launched a 120-meter-long ocean energy support vessel (OESV), the largest-ever vessel built by the shipyard, for Norway’s shipowner Østensjø Rederi. The C513 OESV was launched on September 10 at GONDAN’s Figueras facility and is the 23rd vessel the Spanish shipyard bu

11 days ago
Saipem-Jan De Nul consortium joins Mozambique’s LNG project
Business Developments & Projects

Saipem-Jan De Nul consortium joins Mozambique’s LNG project

A consortium of Saipem and Jan De Nul has signed a letter of intent (LoI) with ExxonMobil for a liquefied natural gas (LNG) development in Mozambique. The LoI, signed for the first phase of the Rovuma LNG project, includes limited preliminary engineering and procurement and other technical services,

11 days ago
Illustration; Source: Next Geosolutions
Business Developments & Projects

Italy’s NextGeo to open office in Germany

Italy-headquartered offshore survey specialist Next Geosolutions (NextGeo) is expanding into Germany with a new office to open in Bremen. According to the company, Bremen’s position at the heart of the North Sea maritime cluster and its growing marine technology community provide a strong environmen

12 days ago
TotalEnergies finds more oil off Angola, enters two exploration blocks
Business Developments & Projects

TotalEnergies finds more oil off Angola, enters two exploration blocks

TotalEnergies has reported a new discovery on Block 17 offshore Angola, made in June, with first oil to be achieved three months later through a fast-track development. The Acacia-5 discovery will increase Block 17 production by 6,000 barrels per day, with first oil to be fast-tracked by leveraging

12 days ago
Deepsea Bergen rig; Source: Odfjell Drilling
Business Developments & Projects

Odfjell Drilling’s new rig busy until 2031 thanks to deal with Vår Energi

Odfjell Drilling has signed a letter of award (LOA) with Vår Energi for a 2019-built semi-submersible rig that it purchased at the end of 2025, extending the unit’s firm contract backlog until Q1 2031. The scope of work awarded for Deepsea Bergen includes a period of three years, starting in early 2

12 days ago
Naming ceremony held for new LNG carrier built by Samsung Heavy Industries
Business Developments & Projects

Naming ceremony held for new LNG carrier built by Samsung Heavy Industries

A naming ceremony has been held in South Korea for a new LNG carrier owned by Japanese Kawasaki Kisen Kaisha (“K” LINE) and Toho Gas. The naming ceremony took place at a Samsung Heavy Industries facility in South Korea on September 9 for the vessel named Toho Emerald, owned through a joint venture o

12 days ago
French firm expands its work scope for one of the world’s largest deepwater fields
Business Developments & Projects

Vallourec and Aramco expand partnership dating back to 1962

French provider of tubular solutions Vallourec and Saudi Arabia’s energy company Aramco have expanded their partnership that was set up in 1962 with the signing of a new agreement for the supply of oil country tubular goods (OCTG). The companies entered into an agreement in 1962 for the supply of th

13 days ago
ABS certifies FPSO design for South American and West African deep waters
Business Developments & Projects

ABS certifies FPSO design for South American and West African deep waters

South Korea’s Hanwha Ocean has secured a basic design review (BDR) certification from ABS for a standardized floating production, storage and offloading (FPSO) design developed for the South American and West African deepwater market, as well as related sustainability reviews. The review included th

13 days ago