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Business Developments & Projects

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FPSO Johan Castberg; Source: Equinor
Business Developments & Projects

WATCH: ‘Mighty’ newbuild FPSO eating up the miles toward oil project to embark on its 30-year job

Equinor is looking forward to the arrival of a new floating production, storage, and offloading (FPSO) vessel at its oil project in the Barents Sea, where the FPSO unit will start its three-decade assignment off the coast of Norway.

about 2 years ago
Well-Safe Guardian rig; Source: Well-Safe Solutions
Business Developments & Projects

North Sea’s only semi-sub performing saturation dives achieves 163 ops as rig’s decom gig approaches finish line

Well-Safe Solutions has hit a new saturation diving milestone in the UK waters with one of its rigs, which is said to be the only semi-submersible in the North Sea with saturation dive spread capability.

about 2 years ago
VARD's newbuild 962, known as CLV Freja, on its way to Norwegian yard; Source: VARD
Business Developments & Projects

New cable-laying vessel reaches Norway to undergo final works

A cable-laying vessel (CLV), which Norway’s ship designer and shipbuilder VARD is constructing for Denmark’s subsea specialist NCT Offshore, has come to Norwegian waters.

about 2 years ago
FPU Jangkrik; Source: Eni
Business Developments & Projects

Eni sets its cap on ‘game changer’ move in Asia as its new gas and condensates offshore production hub gets the go-ahead

Eni has received a green light for the integrated development of the two fields, which will bring to life a new production hub in the Kutei Basin off the coast of Indonesia. This will enable the firm to boost its gas arsenal.

about 2 years ago
With major regulatory approval in, Australia-Asia link ready for next phase
Business Developments & Projects

With major regulatory approval in, Australia-Asia power link ready for next phase

With major regulatory approval in place, the path has been cleared for the next phase of development for a project that will harness and store renewable energy from Australia and transmit it to Singapore via a high-voltage direct current (HVDC) transmission system. The Australia-Asia Power Link (AAP

about 2 years ago
A buoy with a ship in the background
Business Developments & Projects

China’s FPSO mooring system for deepwater oil & gas fields earns double blessing

The internal turret buoy single-point mooring system developed by China Offshore Oil Engineering Company (COOEC), controlled by China National Offshore Oil Corporation (CNOOC), has received two approvals in principle (AIP), one from the China Classification Society (CCC) and another from Bureau Veri

about 2 years ago
Boskalis: 'Enormously multifunctional' survey vessel joins UAE subsidiary's fleet
Business Developments & Projects

Boskalis: ‘Enormously multifunctional’ survey vessel joins UAE subsidiary’s fleet

Dutch offshore services giant Boskalis has expanded its fleet with the addition of a DP2 vessel for offshore geophysical and geotechnical surveys, which the company describes as relatively new and enormously multifunctional. The Horizon Zenith vessel is deployed by Boskalis’ UAE-headquartered subsid

about 2 years ago
FPSO BW Opal; Source: BW Offshore
Business Developments & Projects

FPSO’s sail-away to Australia’s offshore gas project on the agenda for next year

Santos is on track to achieve the first gas next year from its project in Commonwealth waters, as an FPSO, which is currently still under construction, is slated to move in the first quarter of 2025 to its giant field off the coast of Australia.

about 2 years ago
blue and white vessel named SW Tasman
Business Developments & Projects

Shearwater extends deepwater survey off India’s coast

Norway’s marine geoscience and technology player Shearwater GeoServices has secured a contract extension of the “major” deepwater ocean bottom node (OBN) survey off the coast of India. Shearwater has extended its project with India’s government-owned energy giant Oil and Natural Gas Corporation (ONG

about 2 years ago
Coral-Sul FLNG; Source: Eni
Business Developments & Projects

Eni closes Nigerian onshore chapter and hits LNG production milestone offshore Mozambique

Eni has disclosed a new feat accomplished by its floating LNG (FLNG) unit, which reached 5 million tons of LNG production off the coast of Mozambique.

about 2 years ago
Two men standing behind a desk holding documents
Business Developments & Projects

Duo teams up on amplifying role of LNG across Asia’s energy mix

The Asia Natural Gas and Energy Association (ANGEA) and the Korean Private LNG Industry Association have inked a memorandum of understanding (MOU) to foster cooperation on natural gas development in Asia and explore the role of liquefied natural gas (LNG) in the energy transition.

about 2 years ago
Ireland-Wales interconnector nears trial operations as Sumitomo wraps it up
Business Developments & Projects

Ireland-UK interconnector nears trial operations as cable installation wraps up

Japan-headquartered Sumitomo Electric Industries has completed all onshore and offshore cable installation work for the Greenlink Interconnector between Ireland and the UK, with trial operations expected in the coming months. The project included the manufacture and installation of onshore HVDC cros

about 2 years ago
Transocean Norge; Source: Transocean
Business Developments & Projects

OMV’s drilling ops with Transocean rig lead to new gas discovery offshore Norway

OMV has made a new gas discovery in a wildcat well off the coast of Norway with a semi-submersible rig owned by Transocean.

about 2 years ago
Safe Boreas; Source: Prosafe
Business Developments & Projects

Prosafe vessel seals multimillion-dollar deal offshore Australia

Prosafe has ironed out the terms of a contract for one of its vessels to support a project off the coast of Australia.

about 2 years ago
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