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Business Developments & Projects

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Transocean Spitsbergen rig; Source: Transocean
Business Developments & Projects

Transocean rigs clinch $1.3 billion in offshore drilling gigs

Transocean has got hold of a new batch of contracts and extensions in the U.S. Gulf of Mexico, India, Norway, and Australia for six floaters, encompassing four drillships and two semi-submersible rigs.

about 1 year ago
HydroQuest’s concept for its next-gen 2.5MW tidal turbines (Courtesy of HydroQuest)
Business Developments & Projects

Innovation Fund backs 29 MW tidal power expansion in Normandy with €51M

French tidal energy company HydroQuest and tidal energy developer Normandie Hydroliennes have secured €51 million in Innovation Fund grants to advance two tidal energy projects in France’s Raz Blanchard. The funding, awarded under the Innovation Fund’s 2023 call, emphasizes the role of European sup

about 1 year ago
SF Bay Ferry secures $12 million state grant for Harbor Bay ferry route electrification
Business Developments & Projects

SF Bay Ferry secures $12 million state grant for Harbor Bay ferry route electrification

Public ferry service provider San Francisco Bay Ferry (SF Bay Ferry) has received a $12.5 million grant to set up electric vessel charging infrastructure at the Harbor Bay Ferry Terminal in Alameda as part of the Rapid Electric Emission-Free Ferry (REEF) Program. SF Bay Ferry’s REEF Program includes

about 1 year ago
Thylacine platform in the Otway Basin; Source: Beach Energy
Business Developments & Projects

More gas flows to Australian market as Beach Energy brings offshore duo on stream

Beach Energy has started production from two wells in the Otway Basin in Commonwealth waters, approximately 65 km southwest of the Victorian coastline.

about 1 year ago
TotalEnergies assigns more work to Shearwater offshore Angola
Business Developments & Projects

TotalEnergies assigns more work to Shearwater offshore Angola

Norwegian marine geoscience and technology company Shearwater GeoServices has secured its second contract with French energy giant TotalEnergies for a project offshore Angola. The project will include a three-month deepwater ocean bottom node (OBN) survey covering the Golfinho and Cameia fields, loc

about 1 year ago
Amsterdam and Den Helder ports firm up cooperation to accelerate energy transition
Business Developments & Projects

Amsterdam and Den Helder ports firm up cooperation to accelerate energy transition

Port of Amsterdam and Port of Den Helder have decided to strengthen their cooperation on energy transition, offshore wind, and hydrogen through a new memorandum of understanding (MoU). The Dutch ports signed the MoU on October 23, 2024, to intensify their collaboration in the areas of commerce, oper

about 1 year ago
The first floating solars for the Hollandse Kust Noord offshore solar farm have arrived at the Port of Amsterdam, which will be installed at the Dutch CrossWind Hollandse Kust Nord (HKN) offshore wind
Business Developments & Projects

First floating solars arrive in Port of Amsterdam for installation at North Sea offshore wind farm

The first floating solars for the Hollandse Kust Noord (HKN) offshore solar farm have arrived at the Port of Amsterdam, set for installation at the Dutch CrossWind HKN offshore wind farm. Planned for a 2025 installation, the Hollandse Kust Noord solar farm is expected to be what the company describe

about 1 year ago
Statfjord C platform; Credit: Harald Pettersen/Equinor
Business Developments & Projects

TotalEnergies, Equinor among players pursuing decarbonization project for floating and fixed offshore installations

Techouse is pooling resources with multiple energy companies, including TotalEnergies and Equinor, alongside SINTEF Energy Research, to develop and test a joint industry project (JIP), which aims to change the oil and gas industry’s mind about retrofitting offshore power generation with combined cyc

about 1 year ago
Illustration; Source: Sunda Energy, former Baron Oil
Business Developments & Projects

Rig activity overruns defer UK firm’s drilling ops on gas field offshore Timor-Leste

UK-based and AIM-listed Sunda Energy, former Baron Oil, has disclosed a new timeline for the drilling of an appraisal well at a gas field off the coast of Timor-Leste.

about 1 year ago
Jackdaw platform; Source: Aker Solutions
Business Developments & Projects

Shell and Equinor weeks away from court fight over two mega oil & gas projects in UK waters

The legal battle that may decide the fate of two of the largest undeveloped oil and gas fields off the coast of the United Kingdom (UK) is fast approaching with less than three weeks left until the set date.

about 1 year ago
FPSO Sepetiba; Source: SBM Offshore
Business Developments & Projects

SBM Offshore sells partial stake in Brazilian FPSO to Chinese player

SBM Offshore has offloaded a minority stake in a floating production, storage, and offloading (FPSO) vessel, which is working on Petrobras’ giant oil field in the Santos Basin off the coast of Brazil.

about 1 year ago
FPSO Errea Wittu; Source: MODEC
Business Developments & Projects

MODEC tucks new milestone for Guyana-bound FPSO hull under its belt

MODEC has achieved further progress in the construction of an FPSO hull, which will be deployed at ExxonMobil’s oil development off Guyana.

about 1 year ago
Brage platform; Source: OKEA
Business Developments & Projects

Stamp of approval for North Sea operator to kick off drilling ops

Norwegian oil and gas company OKEA has secured a drilling permit from the country’s authorities for an exploration well in the North Sea off the coast of Norway.

about 1 year ago
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Business Developments & Projects

With clearance in hand, Shelf Drilling focuses on final rig prep for ops in Norwegian waters

Shelf Drilling has now received the Norwegian offshore safety regulator’s stamp of approval after the watchdog’s initial rejection of its application to obtain an acknowledgment of compliance (AoC) for one of its jack-up rigs, which is gearing up for work on the Norwegian Continental Shelf (NCS) wit

about 1 year ago
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