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Business Developments & Projects

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Hlaitan LNG carrier; Source: MOL
Business Developments & Projects

Chinese shipyard hosts naming ceremony for another vessel in QatarEnergy’s LNG fleet expansion spree

Japan’s Mitsui O.S.K. Lines (MOL) has held a naming ceremony for a newbuild liquefied natural gas (LNG) carrier, which is the third one to get its name at China’s shipyard Hudong-Zhonghua Shipbuilding since September 2024, as part of QatarEnergy’s historic LNG shipbuilding program.

about 1 year ago
Multiple people standing next to each other at a signing ceremony
Business Developments & Projects

ConocoPhillips and Shell among winners of oil & gas acreage offshore Malaysia

Malaysia’s state-owned energy giant Petronas has signed production sharing contracts (PSCs) with multiple partners for three discovered resource opportunities (DRO) clusters and one exploration block as part of the Malaysia Bid Round (MBR) 2024.

about 1 year ago
Latest addition completes GOGL’s 85,000 dwt eco-friendly Kamsarmax fleet
Business Developments & Projects

Latest addition completes GOGL’s 85,000 dwt eco-friendly Kamsarmax fleet

Golden Ocean Group (GOGL) has taken delivery of the final environmentally-friendly 85,000 dwt Kamsarmax bulk carrier from CSSC Tianjin Shipyard, a subsidiary of China’s Dalian Shipbuilding Industry Company (DSIC).

about 1 year ago
‘Landmark’ deal to establish green hydrogen supply chain between Belgium and Oman
Business Developments & Projects

‘Landmark’ deal to establish green hydrogen supply chain between Belgium and Oman

Collaboration between Belgium and Oman has been strengthened with a new memorandum of understanding (MoU) signed by the Belgian Hydrogen Council and Hydrom.

about 1 year ago
Noble Patriot semi-submersible rig; Source: Noble Corporation
Business Developments & Projects

Noble rigs score more work with TotalEnergies, BP, and TAQA as Inpex opts for early termination

Noble Corporation has secured further work for two floaters in Nigeria with France’s TotalEnergies and in the UK with TAQA while one of its jack-up rigs also got more work in Britain with BP. However, Inpex has decided to break off the deal in Australia for one of the rig owner’s floaters.

about 1 year ago
Peregrino A platform; Source: Equinor
Business Developments & Projects

Chinese duo exits as local firm pays $1.92 billion for stake in Brazil’s giant offshore field

PRIO has expanded its footprint off the coast of Brazil by acquiring non-operated interests of two Chinese players in a field offshore Rio de Janeiro, said to be Equinor’s largest operated field outside Norway.

about 1 year ago
A digital rendering of an LNG carrier
Business Developments & Projects

LR provides insight into its stamp of approval for GTT’s new LNG carrier design

The UK-based classification society Lloyd’s Register (LR) has shared the rationale behind granting an approval in principle (AiP) to French technological containment specialist Gaztransport & Technigaz (GTT) for its 200,000 cubic meters (cbm) liquefied natural gas (LNG) carrier concept.

about 1 year ago
TechnipFMC's Subsea 2.0; Source: TechnipFMC
Business Developments & Projects

TechnipFMC slots first subsea piece into Guyanese waters for ExxonMobil’s fifth oil project

TechnipFMC has put the first equipment part of a subsea production system in place for an oil development at the Stabroek block off the coast of Guyana, which ExxonMobil Guyana Limited, a subsidiary of the U.S.-headquartered energy giant ExxonMobil, operates.

about 1 year ago
FSRU Independence; Source: Höegh Evi, former Höegh LNG
Business Developments & Projects

Ownership of FSRU deployed in Europe changes hands

KN Energies has taken possession of a floating storage and regasification unit (FSRU) working at its LNG terminal on Lithuania’s Kiaulės Nugara Island.

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

As US steps closer to next Gulf of Mexico oil & gas round, NOIA boss urges rethink on lease sale limit

The U.S. Bureau of Ocean Energy Management (BOEM) has taken steps to set the stage for the next oil and gas leasing round to be held for offshore acreage in the Gulf of Mexico (GOM) by revealing a draft programmatic environmental impact statement (EIS) for which it is seeking public comments.

about 1 year ago
DNV spotlights strategies for cutting FuelEU Maritime compliance costs
Business Developments & Projects

DNV spotlights strategies for cutting FuelEU Maritime compliance costs

While compliance with upcoming regulations will be expensive, applying certain strategies and measures can significantly reduce the cost, according to a new white paper from classification society DNV.

about 1 year ago
The U.S. Patent and Trademark Office has granted the U.S.-based marine energy company C-Power a patent for its SeaRAY ocean energy converter.
Business Developments & Projects

New patent validates C-Power’s ocean energy technology

The U.S. Patent and Trademark Office has granted the U.S.-based marine energy company C-Power a patent for its SeaRAY ocean energy converter. According to C-Power, the patent, which stems from a customer-driven design process, validates the SeaRAY technology as a unique innovation in the ocean energ

about 1 year ago
Ramform Hyperion seismic acquisition vessel; Source: TGS
Business Developments & Projects

TGS reveals new partnership and 140-day gig in Southern Atlantic

TGS has won a new deal in South Atlantic and joined forces with Blue River Analytics, creators of the Analytics for Energy (A4E) Suite on the Spotfire platform, to optimize well and production data analysis.

about 1 year ago
Two men sitting at a desk with two men standing behind them
Business Developments & Projects

Singaporean player to supply Chevron with LNG until late 2030s

Sembcorp Fuels, a wholly-owned subsidiary of Singapore’s Sembcorp Industries, has signed a long-term liquefied natural gas (LNG) sale and purchase agreement (SPA) with the Singaporean branch of U.S.-headquartered energy giant Chevron.

about 1 year ago
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