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Business Developments & Projects

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Rendering of gravity-based structure (GBS) design (for illustration); Source: Aker Solutions
Business Developments & Projects

Crown taking charge of LNG import terminals in UK and India

Crown LNG has concluded acquisition agreements related to two liquefied natural gas (LNG) import terminal projects, one in India and the other one in Scotland’s Firth of Forth.

about 1 year ago
Singaporean company enters Middle East with maiden oil & gas contract in Arabian Gulf
Business Developments & Projects

Singaporean company enters Middle East with maiden oil & gas contract in Arabian Gulf

Singapore’s offshore marine solutions company PACC Offshore Services Holdings (POSH), part of the Kuok Maritime Group, is extending its subsea construction capabilities into the Middle East with the award of a maiden contract in the Arabian Gulf. POSH has secured a subsea umbilicals, risers and flow

about 1 year ago
PNG LNG; Source: ExxonMobil PNG
Business Developments & Projects

NOC’s enlargement of its share in ExxonMobil’s project enables Chevron to get more LNG

Kumul Petroleum Holdings Limited (KPHL), the national oil company (NOC) of Papua New Guinea, has put the finishing touches on its acquisition of an additional stake in ExxonMobil’s liquefied natural gas (LNG) project located in Oceania.

about 1 year ago
Vast and GGS Energy to collaborate on methanol production in US
Business Developments & Projects

Vast and GGS Energy to collaborate on methanol production in US

Vast Renewables has signed a development services agreement with GGS Energy to pursue methanol production in the Southwest United States (U.S.).

about 1 year ago
New project for turning CO2 from smelters into renewable marine fuel launched in Iceland
Business Developments & Projects

New project for turning CO2 from smelters into renewable marine fuel launched in Iceland

Supported by technology and engineering companies Siemens Energy and Mitsubishi Heavy Industries, a new project seeking to capture more than one million tons per year of CO2 that will be used to produce renewable fuel for the maritime industry has been launched in Iceland. The so-called Carbon Icela

about 1 year ago
Shelf Drilling Krathong rig; Source: Shelf Drilling
Business Developments & Projects

Shelf Drilling rig pair staying two more years with Chevron

UAE-headquartered offshore drilling contractor Shelf Drilling (SHLF) has landed long-term extensions with Chevron Thailand Exploration and Production, a subsidiary of the U.S. oil major Chevron, for assignments two of its jack-up rigs are working on off the coast of Thailand. These two-year contract

about 1 year ago
N-Sea's fleet to expand with newbuild hybrid vessel in 2026
Business Developments & Projects

N-Sea’s fleet to expand with newbuild hybrid vessel in 2026

The Netherlands-headquartered N-Sea is set to expand its fleet with a newbuild hybrid survey and remotely operated vehicle (ROV) support vessel scheduled for delivery in 2026. N-Sea has signed a long-term charter agreement with Mainport Shipping for the delivery of the vessel named Geo Master, which

about 1 year ago
InfinityWEC wave energy farm (Courtesy of Ocean Harvesting Technologies)
Business Developments & Projects

Sweden’s project gets €1.7M boost for wave energy converter technology

The INFINITY Project, coordinated by Sweden’s RISE Research Institute, has received €1.7 million in funding from the Clean Energy Transition Partnership (CETP) to advance lifetime-aware model predictive control (MPC) technology for wave energy converters (WEC). The three-year project, starting in De

about 1 year ago
Noble Venturer drillship; Source: Noble Corporation
Business Developments & Projects

As oil flows from one well, another will follow suit shortly while Noble rig embarks on next job off Africa

Trident Energy has brought online its first infill well on Block G off the coast of Equatorial Guinea, drilled with a drillship owned by the U.S.-headquartered Noble Corporation.

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

TotalEnergies’ massive North Sea project days away from gas production capacity at full throttle

TotalEnergies is drawing closer to its goal of increasing output at its natural gas redevelopment project in the Danish sector of the North Sea to its full technical capacity.

about 1 year ago
SD Waalo; Source: KOTUG
Business Developments & Projects

BP picks KOTUG and African firm for work at its largest gas project

BP has hired two companies, Kotug and its Senegalese partner Maritalia, for the provision of marine services off the coasts of Mauritania and Senegal at a gas project that is said to be the biggest one in the oil major’s portfolio.

about 1 year ago
N-Sea workers in their flourescent equipment
Business Developments & Projects

Netherlands-based subsea company wraps up nearshore cable repair in Irish Sea

Netherlands-headquartered subsea solutions provider N-Sea has completed a nearshore export cable repair in the Irish Sea after a fault in one of its client’s four subsea cables reduced transmission capacity between offshore and onshore substations. According to N-Sea, the company was awarded a contr

about 1 year ago
A large vessel at sea
Business Developments & Projects

OneSubsea completes pump installation at Brazil’s offshore field in anticipation of FPSO’s first oil

OneSubsea, a company majority-owned by SLB, has installed three pump stations at a field offshore Brazil operated by BRAVA Energia, an oil and gas player formed following the merger of Brazil’s 3R Petroleum and Enauta. The field’s floating, production, storage, and offloading (FPSO) unit is expected

about 1 year ago
DOF closes purchase of Maersk Supply Service, now employing 5,000 people
Business Developments & Projects

DOF closes purchase of Maersk Supply Service, now employing over 5,000 people

Norwegian vessel owner DOF Group has completed the purchase of Maersk Supply Service (MSS), now having a workforce of more than 5,000 people and operating a fleet of 78 vessels of which 65 are owned. DOF announced on July 2 that it would through the newly incorporated subsidiary DOF Offshore Holding

about 1 year ago
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