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Business Developments & Projects

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Malux enters the subsea market by acquiring the Bergen-based subsea company, Transmark Subsea
Business Developments & Projects

Swedish company expands with acquisition of Transmark Subsea Bergen

Malux, a Sweden-based specialist in solutions for niche industries, has acquired Norwegian subsea solutions provider Transmark Subsea’s Bergen-based operations to expand its portfolio in the subsea market. According to Transmark Subsea, this move enhances the company’s ability to deliver subsea solu

about 1 year ago
Illustration (Courtesy of TEAMER Program), University of Hawaii
Business Developments & Projects

US research program awards $1.9M to marine energy projects

The U.S. Testing Expertise and Access to Marine Energy Research (TEAMER) program has approved 15 marine energy projects and allocated nearly $1.9 million through its fourteenth request for technical support (RFTS). According to TEAMER, technical expertise and access to facilities will be provided, e

about 1 year ago
FPSO EmissionZero; Source: SBM Offshore
Business Developments & Projects

Harnessing cutting-edge technologies to shape next-generation FPSO future

While floating production storage and offloading (FPSO) units continue to dominate the deepwater offshore oil and gas projects’ scene, these systems are being adopted for offshore green energy production to unleash clean power from renewables.

14 minutes read
Wireless EV charging provider InductEV joins Zero Emissions Port Alliance
Business Developments & Projects

Wireless EV charging provider InductEV joins Zero Emissions Port Alliance

U.S. wireless EV charging provider InductEV has joined the Zero Emissions Port Alliance (ZEPA), an industry-wide strategic coalition aiming to accelerate port decarbonization by making battery-electric container handling equipment (BE-CHE) affordable and accessible.

about 1 year ago
Noble Developer rig; Source: Noble
Business Developments & Projects

Rig market, oil & gas mergers and JV blockbuster moves mark 2024

A consolidation wave is sweeping across the challenging and shifting global energy landscape, as companies in the hydrocarbon exploration and production (E&P) and offshore drilling domains, alongside others across the entire energy industry and supply chain, race to secure their spots among the top

14 minutes read
Woodside Louisiana LNG, former Driftwood LNG; Source: Tellurian, now part of Woodside Energy
Business Developments & Projects

After Baker Hughes another US firm lands job on Louisiana LNG

Chart Industries has been selected to supply some of the required pieces to complete a proposed liquefied natural gas (LNG) terminal puzzle in Louisiana, United States.

about 1 year ago
Freeport LNG
Business Developments & Projects

American LNG project cheers 800th cargo milestone

A liquefied natural gas (LNG) export project in Texas, United States (U.S.), has marked the shipment of 800 cargos.

about 1 year ago
Rendering of an LNG terminal
Business Developments & Projects

Report calls LNG ‘a false solution’ harming the climate, urging banks to stop financing export terminals

Non-governmental research and campaigning organization Reclaim Finance and BankTrack, an international tracking, campaigning, and civil society support organization targeting private sector commercial banks and the activities they finance, have published a report asking banks to stop financing lique

about 1 year ago
FPSO Atlanta; Source: Brava Energia
Business Developments & Projects

Brazilian FPSO ticks first oil milestone off its list before ringing in new year

Brava Energia has brought a floating production, storage, and offloading (FPSO) vessel off the coast of Brazil online, starting production at an oil field in the Santos Basin.

about 1 year ago
Ocean Apex rig; Source: Noble
Business Developments & Projects

Noble rig lines up new drilling gig offshore Australia

Noble Corporation has landed a new assignment for one of its semi-submersible rigs off the coast of Australia.

about 1 year ago
Offshore Energy Recap 2024
Business Developments & Projects

Readers’ choice: Offshore Energy’s most-read news of 2024

With increasing coverage of global energy transition efforts, but also energy security worries, keeping up with everything can be a challenge. To celebrate the year gone by, the Offshore Energy editorial team brings you the most-read stories on the site that defined the journey throughout 2024. $30

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

2024 energy plays in review: Uptick in renewables and clean tech, but oil & gas still hold energy security keys

As another turbulent year for the energy markets, 2024 witnessed a further escalation in geopolitical tensions and conflicts, leading to a mixed bag of achievements, missed opportunities, and rough energy seas not only for the goal of tripling clean sources of supply but also for dominant fossil fue

53 minutes read
Santorini drillship; Source: Saipem
Business Developments & Projects

Fresh oil & gas-condensate discovery comes to light in Namibia

Galp has found more light oil and gas-condensate in the second of up to four wells within its current exploration and appraisal (E&A) program in license PEL 83 off the coast of Namibia.

about 1 year ago
TenneT
Business Developments & Projects

LS Cable & System, Jan De Nul, and Denys to supply cables for TenneT’s German grid connection project

A consortium comprising LS Cable & System, Jan De Nul, and Denys has received a letter of allocation (LOA) from German/Dutch transmission system operator (TSO) TenneT for the supply of high-voltage direct current (HVDC) cables for the BalWin5 grid connection project in Germany. Under the LOA, the co

about 1 year ago
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