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Business Developments & Projects

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An offshore platform
Business Developments & Projects

EnQuest makes $833 million play to expand its Southeast Asian oil & gas arsenal

EnQuest Petroleum Production Malaysia, a wholly owned subsidiary of London Stock Exchange-listed energy firm EnQuest, has set the wheels in motion to enlarge its oil and gas footprint in Southeast Asia through a proposed acquisition of interests in four production sharing contracts (PSCs) off the co

about 3 months ago
SW Empress vessel; Source: Shearwater
Business Developments & Projects

ExxonMobil puts Shearwater on seismic duty offshore Guyana

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Norwegian marine geoscience and technology company Shearwater GeoServices has picked up a new distributed acoustic sensing (DAS) seismic assignment in the Stabroek block off the coast of Guyana, thanks to a deal with ExxonMobil Guyana, a subsidiary of U.S.-headquartered energy giant ExxonMobil.

about 3 months ago
T12 Engineering
Business Developments & Projects

Scottish player ships 60-ton subsea structure for Norwegian oil & gas playground

Scotland-headquartered engineering and design company T12 Engineering has finished its assembly and shipment scope for a major gravity-based subsea structure (GBS) by transporting it to Norway, completing what the firm describes as one of the largest projects it has delivered to date.

about 3 months ago
Petronas' Malaysian LNG Complex at Bintulu, Sarawak; Source: Petronas
Business Developments & Projects

20-year LNG deal between Petronas and JERA strengthens Japan’s energy security

Malaysia’s state-owned oil and gas heavyweight Petronas has sealed a two-decade-long liquefied natural gas (LNG) supply arrangement with Japan’s power generation major JERA, which fortifies the energy bonds between the two countries and extends the companies’ partnership into the 2040s.

about 3 months ago
Ramford Vanguard; Source: TGS
Business Developments & Projects

New 3D streamer gig taking TGS to Africa & Middle East

Norwegian energy data and intelligence company TGS has picked up a new 3D streamer acquisition assignment with an undisclosed oil and gas player in Africa and the Middle East region.

about 3 months ago
Photo Caption (L to R): Yihyo Chung, HD HHI Senior Vice President/Initial Design Office (Medium Size Ship) and Patrick Ryan, ABS Senior Vice President and Chief Technology Officer at Posidonia 2026; C
Business Developments & Projects

US-flagged tanker being brought to life by ABS and HD Hyundai Heavy

American Bureau of Shipping (ABS), a classification society, is pooling resources with South Korea’s HD Hyundai Heavy Industries (HD HHI) to enrich the tanker market with a new U.S.-flagged oil and chemical tanker.

about 3 months ago
Deepsea Mira rig; Source: Odjell Drilling
Business Developments & Projects

Shell’s new oil discovery adds fuel to Namibia’s black gold rush

Shell Namibia Upstream, a subsidiary of the UK-headquartered energy giant Shell, has found more oil in the Orange Basin off the coast of Namibia.

about 3 months ago
Gasum's container vessel Coral Energy at Klaipeda LNG terminal; Courtesy of KN Enenergies
Business Developments & Projects

Gasum, Naftogaz among those locking in multi-year capacity at Lithuanian LNG hub

Gasum, a Nordic gas sector and energy market player, and Ukraine’s state-owned energy company Naftogaz Group have secured long-term liquefied natural gas (LNG) capacity at Lithuania’s LNG terminal, operated by KN Energies (KN).

about 3 months ago
Jangkrik-01; Source: Eni
Business Developments & Projects

Swedish firm gets nearly $105M order for subsea piece of Southeast Asian gas project

Alleima, a Sweden-headquartered manufacturer of high-value-added products in advanced stainless steels and special alloys as well as solutions for industrial heating, has picked up a new multimillion-dollar assignment for subsea components that will be used to bring one of Indonesia’s major upcoming

about 3 months ago
TGS
Business Developments & Projects

TGS unveiling Equatorial Guinea’s offshore basin prospectivity with major seismic dataset

Norwegian energy data and intelligence company TGS has been tasked with delivering a large-scale multi-client seismic product that will shed light on the exploration potential of Equatorial Guinea’s offshore basins.

about 3 months ago
Energos Force; Source: DET
Business Developments & Projects

Germany’s energy network awaits September to ignite next LNG link in FSRU chain

Germany’s Deutsche Energy Terminal (DET), part of the German Federal Ministry for Economic Affairs and Climate Action and a state-owned operator of four liquefied natural gas (LNG) terminals, has revealed the timeline for the commissioning of the European country’s next floating LNG terminal, which

about 3 months ago
Ammonia-powered MGC Antwerpen; Source: Exmar
Business Developments & Projects

Historic game-changer at sea: Exmar’s first of four ammonia dual-fuel vessels delivered

Belgian shipping company Exmar has celebrated the delivery of the first in a series of four newbuild dual-fuel ammonia midsize gas carriers (MGCs), seen as a breakthrough in the green shipping quest and a landmark milestone in the firm’s attempt to future-proof its vessel fleet.

about 3 months ago
Saab Sabertooth UID testing will be conducted in Norway; Source: PXGEO
Business Developments & Projects

PXGEO and Equinor putting drone for autonomous subsea inspection ops to the test

Marine geophysical service provider PXGEO has joined forces with Norway’s state-owned energy giant Equinor to carry out testing of the next-generation underwater intervention drone (UID) technology for offshore inspection.

about 3 months ago
Illustration; Source: Petrobras
Business Developments & Projects

Petrobras coming aboard Equinor’s exploration block in Brazilian waters

Brazilian state-owned energy giant Petrobras has decided to join Equinor Brasil Energia, a subsidiary of Norway’s state-owned energy giant Equinor, in an offshore block located in the Campos Basin off the coast of Brazil.

about 3 months ago