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Business Developments & Projects

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Business & FinanceVesselsInfrastructureInnovationOutlook & StrategyExploration & ProductionProject & TendersEquipmentGreen MarineTechnologyCollaboration
Naming Ceremony of Harmonic Breeze LNG carrier; Source: Inpex
Business Developments & Projects

Catching the Harmonic Breeze: Inpex charts LNG fleet’s course with new carrier

Inpex Shipping, a wholly-owned subsidiary of Japan’s Inpex, has sealed a deal with MOL Encean, a subsidiary of Mitsui O.S.K. Lines (MOL), to expand its liquefied natural gas (LNG) fleet with a new vessel for which a naming ceremony has now been held in South Korea.

about 3 months ago
Fugro unveils new ROV test pool in Singapore
Business Developments & Projects

Fugro unveils new ROV test pool in Singapore

Dutch Fugro has opened a new remotely operated vehicle (ROV) test pool in Singapore, which will help its teams identify and resolve technical issues early, validate performance against design requirements, and optimize procedures before mobilization. According to Fugro, the facility provides a contr

about 3 months ago
Deepwater Asgard drillship; Source: Transocean
Business Developments & Projects

Transocean scores 390-day Mediterranean Sea job for 2014-built drillship

Switzerland-based offshore drilling contractor Transocean has won a multimillion-dollar assignment for one of its ultra-deepwater drillships in the Eastern Mediterranean Sea.

about 3 months ago
Shelf Drilling Scepter rig; Source: Shelf Drilling
Business Developments & Projects

ADES gets hold of three new jack-up jobs and rig deal extension in Nigeria

ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has obtained multi-year assignments for three premium jack-up rigs and a contract extension for one drilling unit off the coast of Nigeria.

about 3 months ago
93-meter subsea support vessel stays with Mermaid Subsea Services
Business Developments & Projects

93-meter subsea support vessel stays with Mermaid Subsea Services

Aberdeen-headquartered Mermaid Subsea Services (UK) has further extended its contract with the subsea support vessel Island Valiant, which it has used for North Sea operations for the last three years. Mermaid Subsea Services began using the 93.4-meter-long vessel in 2024 for well plug & abandonment

about 3 months ago
Imabari Logger
Business Developments & Projects

Vessel order change: 4 conventional Ultramax and 6 Handysize newbuildings on shipbuilding menu

Hong Kong-based dry bulk vessel owner and operator Pacific Basin Shipping has opted to make adjustments to its fleet expansion program, replacing its two previous vessel orders to secure six Handysize vessels and four conventional Ultramax newbuilds, with an option to acquire two dual-fuel Ultramax

about 3 months ago
Schottel equips two Spanish hybrid tankers with propulsion
Business Developments & Projects

Schottel equips two Spanish hybrid tankers with propulsion

German propulsion system manufacturer Schottel is set to deliver the propulsion package for a second hybrid chemical tanker owned by Spanish shipowner Mureloil that transports biofuels and methanol. The propulsion is destined for the 8,000 DWT hybrid chemical tanker Bahía Beatriz, built by Spanish s

about 3 months ago
Illustration. Source: BOEM
Business Developments & Projects

Shipyard-based rig intake and inspection gigs on ModuSpec’s worksheet

MR Group’s ModuSpec, a rig and well control equipment specialist, has secured multiple shipyard rig intake projects, supporting drillship and jack-up readiness for deployment across Europe and Africa.

about 3 months ago
Troll - Equinor
Business Developments & Projects

New item added to Axess’ Norwegian oil & gas assignment with Equinor

Norway-headquartered asset integrity management company Axess Group has expanded its deal with Equinor, a compatriot state-owned energy giant, to include an additional scope of work in the Norwegian sector of the North Sea.

about 3 months ago
Rig move; Courtesy of ABL Group
Business Developments & Projects

ABL and PetroSafe pool resources in Egyptian energy landscape

ABL, part of Oslo-listed global consultancy group ABL Group, has joined forces with Egypt’s Petroleum Safety and Environmental Services Company (PetroSafe) to collaborate on technical performance solutions across Egyptian onshore and offshore energy assets.

about 3 months ago
Cost cuts unlocked as DeepOcean unifies two subsea operations into one
Business Developments & Projects

Cost cuts unlocked as DeepOcean unifies two subsea operations into one

DeepOcean has performed an inspection and 3D scanning of subsea infrastructure in a single operation rather than as two separate ones as typically done, at an offshore field in Senegal operated by Woodside Energy. DeepOcean has completed a full-field baseline subsea survey and a full 3D scan simulta

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

With two new deals, Saipem’s contract value for Saudi field reaches $900 million

Saipem has secured two new offshore contracts with Saudi Arabia’s Aramco, worth approximately $400 million, adding to the $500 million award announced in February for the same project. Under the contract release purchase order (CRPO) reported two months ago, Saipem’s scope of work includes the engin

about 3 months ago
Stena DrillMAX drillship; Source: Stena Drilling
Business Developments & Projects

Stena Drilling’s drillship finds job in Greece

Scotland-headquartered offshore drilling contractor Stena Drilling has lined up a new assignment for its 2008-built mobile offshore drilling unit (MODU) off the coast of Greece.

about 3 months ago
BGN signs JV with CCEC for LNG carrier; Courtesy of BGN
Business Developments & Projects

UAE firm to enrich fleet with two LNG carriers by 2027, first vessel deal now in the bag

On a quest to expand its maritime operations by enlarging its fleet, Dubai-based independent energy and commodities trading group BGN has sealed a long-term liquefied natural gas (LNG) carrier (LNGC) charter with an affiliate of Capital Clean Energy Carriers (CCEC).

about 3 months ago
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