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Business Developments & Projects

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Ocean BlackRhino drillship; Source: Diamond Offshore
Business Developments & Projects

Noble drillship’s drilling gig in full gear offshore West Africa

A seventh-generation drillship, which recently became part of the floater fleet belonging to the U.S. offshore drilling contractor Noble Corporation, is making progress in its drilling campaign in Africa, which is related to work offshore Guinea-Bissau.

about 1 year ago
French firm expands its work scope for one of the world’s largest deepwater fields
Business Developments & Projects

Petrobras yet again taps French tubular solutions provider for Brazil’s deepwater fields

France’s tubular solutions provider Vallourec has signed what is described to be a “significant” contract with Brazil’s state-owned energy giant Petrobras for the supply of oil country tubular goods (OCTG) and accessories for the development of Sepia 2 and Atapu 2 projects in the Santos Basin offsho

about 1 year ago
Two men on the right-hand side sitting across the table from two women and two men on the left-hand side
Business Developments & Projects

South American neighbors make hydrocarbon collaboration official

Brazilian state-owned oil and gas giant Petrobras has signed a memorandum of understanding (MoU) with Suriname’s national oil company Staatsolie Maatschappij Suriname (Staatsolie) to step up their cooperation in various aspects of the energy arena.

about 1 year ago
Deepsea Atlantic rig; Source: Odfjell Drilling
Business Developments & Projects

New oil & gas find in North Sea ends up ‘not profitable’ due to price headwinds

After making another oil and gas discovery in the North Sea, thanks to drilling activities one of Odfjell Drilling’s sixth-generation semi-submersible rigs carried out off the coast of Norway, Equinor, a Norwegian state-owned energy giant, has emphasized that the development of this discovery does n

about 1 year ago
Deep Sea No. 1 production platform; Source: CNOOC
Business Developments & Projects

‘Large-scale’ transformation of reserves from trillion-cubic-meter gas region into usable energy production brings new project online in Chinese waters

CNOOC has started production from a natural gas project in the South China Sea, where the firm recently confirmed the total proved gas in place exceeded one trillion cubic meters.

about 1 year ago
Hamburg and Singapore ports bolster maritime decarbonization ties
Business Developments & Projects

Hamburg and Singapore ports bolster maritime decarbonization ties

Germany’s Hamburg Port Authority (HPA) and the Maritime and Port Authority of Singapore (MPA) have taken the next step in their partnership by signing a letter of intent (Loi) to work on accelerating maritime decarbonization, digitalization, and cybersecurity. The agreement, signed in the presence o

about 1 year ago
A project to develop a severe weather resistant OTEC structure.
Business Developments & Projects

Storm-resilient OTEC hull nears completion, setting the stage for Atlantic Ocean testing

Seven European partners have entered the final stages in the hull construction of the storm-resistant ocean thermal energy conversion (OTEC) prototype at Hidramar Shipyard in Gran Canaria, Spain. Developed under the EU-funded project PLOTEC, the initiative is now progressing towards the installation

about 1 year ago
UK’s 'biggest ever' electricity transmission project enters construction
Business Developments & Projects

UK’s ‘biggest ever’ electricity transmission project enters construction

Construction has officially started on what is said to be the UK’s largest-ever electricity transmission project and the longest high voltage direct current (HVDC) cable in the country, named Eastern Green Link 2 (EGL2). The £4.3 billion, 525kV, 2 GW HVDC subsea transmission cable will link Peterhea

about 1 year ago
Several people on stage at a steel-cutting ceremony
Business Developments & Projects

Chinese shipbuilder breaks ground for LNG vessel pair ordered by CNOOC and Petronas

Chinese shipbuilder Hudong-Zhonghua has held a steel-cutting ceremony for two liquefied natural gas (LNG) carriers it is building for a Malaysian and a Chinese client.

about 1 year ago
FPSO Atlanta; Source: Yinson Production
Business Developments & Projects

US firm enters Latin America’s oil & gas playground as its Brazilian partner in two offshore fields sets restart date for another asset

Houston-based Westlawn has wrapped up the acquisition of a partial stake in a concession, covering two oil fields located off the coast of Brazil. The firm’s new partner, Brava Energia, former 3R Petroleum before the merger with Enauta, has welcomed the company to Brazil and revealed a timeline for

about 1 year ago
Kiel marks its 100th shore power call of 2024 as AIDAnova plugs in at Ostseekai
Business Developments & Projects

Kiel marks its 100th shore power call of 2024 as AIDAnova plugs in at Ostseekai

LNG-powered AIDAnova has called at Kiel’s Ostseekai, marking the 100th cruise ship to be connected to the port of Kiel’s shore power facilities in 2024.

about 1 year ago
Topside structure of an offshore plant manufactured by Dyna-Mac; Source: Hanwha Ocean
Business Developments & Projects

Hanwha Ocean making $450 million play for Singaporean FPSO player

Hanwha Ocean has put the wheels in motion to expand its capacity in this arena by taking full control over Singapore-based offshore builder Dyna-Mac.

about 1 year ago
Northern Lights: ‘World’s first’ cross-border CO2 transport and storage facility is officially open
Business Developments & Projects

Northern Lights: ‘World’s first’ cross-border CO2 transport and storage facility is officially open

Northern Lights CO2 transport and storage facility, a joint venture (JV) of energy majors Shell, Equinor, and TotalEnergies, has been completed, marking “an important milestone for the global development of a business model for carbon capture, transport, and storage”. The official opening ceremony o

about 1 year ago
Digitalization is one of the growing decarbonization trends, which helps curb the vessels' greenhouse gas (GHG) emissions footprint; Source: Opsealog
Business Developments & Projects

Interview with Opsealog: Power of digitalization levels up vessels’ energy efficiency game as shipping regulations tighten their grip on fleets’ emissions

France’s Opsealog paints a picture of the offshore supply vessel (OSV) future rich with evolving technologies, a blossoming array of propulsion tools, and decarbonization gains.

13 minutes read
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