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Business Developments & Projects

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PSA signing; Source: MOL
Business Developments & Projects

Trio sets the stage for Mediterranean Sea oil & gas exploration with North African PSA

Three joint venture (JV) partners – MOL Group, Repsol, and Türkiye Petrolleri A.O. (TPAO) – have signed a production sharing agreement (PSA) for an offshore exploration area in the Mediterranean Sea, off the coast of Libya.

about 3 months ago
Deepsea Nordkapp rig; Source: Odfjell Drilling
Business Developments & Projects

DrillDocs’ AI-driven tech gaining wider fleet adoption across Aker BP’s contracted rigs

Norway’s oil and gas player Aker BP has set its cap on expanding the deployment of a digital shaker surveillance system technology across its contracted rig fleet on the Norwegian Continental Shelf (NCS) through its collaboration with DrillDocs, a provider of computer vision technology for drilling

about 3 months ago
Rendering of Alaska LNG plant
Business Developments & Projects

Chugach eyes gas from Alaska’s $44B LNG project with Glenfarne deal

Glenfarne Alaska LNG, a subsidiary of Glenfarne Group, has signed on the dotted line with Chugach Electric Association to iron out a potential gas supply deal related to its liquefied natural gas (LNG) export development in Alaska.

about 3 months ago
N-Sea workers in their flourescent equipment
Business Developments & Projects

New CEO takes over at N-Sea

Dutch integrated subsea solutions service provider N-Sea Group has appointed former Chief Operating Officer (COO) Pim Nelemans as its new Chief Executive Officer (CEO) after Martin Adler stepped down. Adler, who was the company’s CEO over the past five years, will remain as N-Sea’s shareholder and C

about 3 months ago
Ringhorne; Credit: Vår Energi
Business Developments & Projects

Vår Energi books Scottish firm on multi-year job

Aberdeen-based energy services company THREE60 Energy has landed a long-term assignment to assist Norway’s oil and gas player Vår Energi with activities on the Norwegian Continental Shelf (NCS).

about 3 months ago
ABL Group brings back Aqualis name to distinguish from subsidiary
Business Developments & Projects

ABL Group brings back Aqualis name to distinguish from subsidiary

Oslo-listed international consultancy group ABL Group is rebranding and will be renamed Aqualis. The new name derives from the original Aqualis Offshore, founded in 2012 and listed on the Oslo Stock Exchange in 2014. The group consists of four operating brands, including energy and marine consultanc

about 3 months ago
FPSO Abigail-Joseph; Source: Yinson Production
Business Developments & Projects

Yinson Production taps Techouse’s affiliate for Nigerian FPSO’s back-up power module

Norway-headquartered oil industry supplier Eureka, a provider of pumping and power solutions to the offshore energy industries that is part of the Techouse Group, has been hired by Singapore’s Yinson Production, a subsidiary of Kuala Lumpur-based energy infrastructure and technology company Yinson,

about 3 months ago
Bourbon goes to Ghana under multi-month subsea contract
Business Developments & Projects

Bourbon goes to Ghana under multi-month subsea contract

French maritime services player Bourbon has won a multi-month subsea services contract offshore Ghana, in what the company describes as one of its core operating regions. Bourbon will deploy its multi-purpose support vessel (MPSV) Bourbon Evolution 802, equipped with two work-class HD remotely opera

about 3 months ago
Transocean Encourage rig; Source: Transocean
Business Developments & Projects

Equinor’s Norwegian Sea wildcat yields no hydrocarbons

Norwegian state-owned oil and gas giant Equinor has conducted drilling activities at a wildcat well in the Norwegian Sea off the coast of Norway with one of Transocean’s semi-submersible rigs. The drilling activity did not result in commercial quantities of hydrocarbons.

about 3 months ago
12-meter USV class secures MCA’s certification
Business Developments & Projects

12-meter USV class secures MCA’s certification

UK designer and manufacturer of uncrewed surface vessels (USVs) ZeroUSV has secured certification from the UK Maritime and Coastguard Agency for its Oceanus12 class of USVs that demonstrates that it meets the safety, operational and technical requirements established under the MCA Workboat Code Edit

about 3 months ago
An offshore platform at sunset
Business Developments & Projects

Woodside quashes ExxonMobil merger rumors

Australian energy giant Woodside has denied any knowledge of a takeover proposal involving the U.S.-headquartered energy heavyweight ExxonMobil.

about 3 months ago
FSRU Energos Eskimo; Source: Energos Infrastructure
Business Developments & Projects

Energos strengthens East Med energy cooperation through GIAC entrance

Energos Infrastructure, a maritime infrastructure company owned by funds managed by Apollo, has joined the Gas Industry Advisory Committee (GIAC) of the East Mediterranean Gas Forum (EMGF), following approval by all EMGF member countries.

about 3 months ago
Seaturns has deployed its demonstrator in the Atlantic and announced a collaboration with ESB; Source: Seaturns
Business Developments & Projects

New first for France as full‑scale wave energy demonstrator kicks off sea trials

French wave energy technology developer Seaturns has embarked on a full‑scale offshore trial of its wave energy demonstrator off the Gironde estuary on the French Atlantic coast, which will be supervised through a collaboration with ESB, an Irish energy company. This project is expected to boost Eur

about 3 months ago
Central Azeri Patform, Caspian Sea - Petrofac
Business Developments & Projects

BP, SOCAR employ advanced tech to enhance output at Caspian Sea oil asset

UK-headquartered energy giant BP and its partner, State Oil Company of the Republic of Azerbaijan (SOCAR), have shed light on the innovative solutions deployed to maximize recovery at a giant oilfield in the Caspian Sea off the coast of Azerbaijan.

about 3 months ago
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