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Business Developments & Projects

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Seabed preparation starts ahead of construction of new Dutch offshore wind farm
Business Developments & Projects

Seabed preparation starts ahead of construction of new Dutch offshore wind farm

The first preparations ahead of offshore construction work at the OranjeWind project site in the Netherlands have begun, as Jan De Nul has started the filter layer installation campaign. In the coming weeks, the rock installation vessel Simon Stevin will install the first layer of erosion protection

about 4 months ago
Vietnamese player’s ‘super rig’ ready for drilling
Business Developments & Projects

Vietnamese player’s ‘super rig’ ready for drilling

Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has held the naming ceremony for a multi-purpose jack-up rig it purchased from U.S.-headquartered offshore drilling contractor Noble Corporation in 2025. PV Drilling held a naming ceremony for PV DRILLING IX, which it describes

about 4 months ago
Man pointing at offshore platform
Business Developments & Projects

TotalEnergies’ upstream merger with NEO NEXT crosses finish line

The merger between TotalEnergies’ UK North Sea upstream oil & gas business and NEO NEXT has been completed, resulting in what the French energy giant says is the largest independent oil & gas producer in the UK. To remind, the partners signed an agreement in December 2025 under which TotalEnergies w

about 4 months ago
History written as CCS technology starts operating on board FPSO
Business Developments & Projects

History written as CCS technology starts operating on board FPSO

Malaysia’s Yinson Production has put into operation the carbon capture and storage (CCS) unit onboard its floating production, storage, and offloading (FPSO) vessel Agogo, said to be the world’s first post-combustion CO2 capture plant installed on an offshore facility. The milestone is said to be th

about 4 months ago
Two new campaigns with Equinor to keep Reach Subsea’s USV at work
Business Developments & Projects

Two new campaigns with Equinor to keep Reach Subsea’s USV at work

Norway’s Reach Subsea has secured two new call‑offs under its frame agreement with compatriot state-owned energy firm Equinor which will see its uncrewed surface vessel (USV) Reach Remote 1 deployed for gas reservoir monitoring and subsea inspection, maintenance and repair (IMR) services on the Norw

about 4 months ago
After Prysmian, Siemens Energy confirmed as supplier for UK’s Eastern Green Link 4
Business Developments & Projects

After Prysmian, Siemens Energy confirmed as supplier for UK’s Eastern Green Link 4

Following the preferred bidder status from July 2025, Siemens Energy has now secured a contract for the delivery of two high-voltage direct current (HVDC) converter stations for the fourth out of five subsea electricity superhighways between Scotland and England. The 2 GW Eastern Green Link 4 (EGL4)

about 4 months ago
Oil-to-CO2 storage wells begin transformation journey offshore Denmark
Business Developments & Projects

Oil-to-CO2 storage wells begin transformation journey offshore Denmark

North Sea wells originally used for oil production are currently being prepared for CO2 storage as part of the Greensand Future project in Denmark, which will store carbon dioxide in the Nini West field located approximately 240 kilometers northwest of Esbjerg. To remind, in December 2022, Project G

about 4 months ago
Category 5 storm makes damage to oil field offshore Western Australia
Business Developments & Projects

Category 5 storm makes damage to oil field offshore Western Australia

Singapore-headquartered oil & gas player Jadestone Energy has reported damage to its Stag oil-producing field located offshore Western Australia as a result of a Category 5 storm. Due to the projected path of Cyclone Narelle, which developed into a Category 5 Storm with sustained wind speeds of over

about 4 months ago
Calcasieu Pass LNG facility; Source: Venture Global LNG
Business Developments & Projects

Venture Global and Edison put LNG arbitration battle behind them

Against the backdrop of the geopolitical upheaval caused by the Middle East conflict, Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has resolved its arbitration dispute with Edison regarding its LNG facility in Louisiana, United States.

about 4 months ago
Man with a hardhat with words "Chevron" on it with an offshore rig in the background
Business Developments & Projects

Chevron shakes hands with NOC for oil study at block offshore Libya

U.S.-headquartered energy giant Chevron has teamed up with Libya’s National Oil Corporation (NOC) for an oil study at an offshore block in Libyan waters.

about 4 months ago
Installation of FLNG mooring system at Eni Congo LNG project; Source: Geocean
Business Developments & Projects

WATCH: FLNG mooring system slides in place offshore Congo

France’s marine contractor Geocean has released video footage showing the work undertaken to put in place a mooring system for a floating liquefied natural gas (FLNG) unit off the coast of Congo, Africa.

about 4 months ago
New joint project aims to bring subsea chemical storage technology to deployment
Business Developments & Projects

New joint project aims to bring subsea chemical storage technology to deployment

Oilfield services company NOV has launched a joint industry project (JIP) with Norwegian state-owned energy firm Equinor and Brazil’s oil & gas company Petrobras to work together on qualifying subsea chemical storage technology toward field deployment. The JIP is progressing an up to 200m3 subsea st

about 4 months ago
FPSO Valente (formerly known as FPSO Frade) operating in the Frade field off Brazil; Source PRIO
Business Developments & Projects

With well duo online, two more left to go into production mode in Brazil

Brazilian oil and gas company PRIO, formerly known as PetroRio, has started production from the second well at its subsea tie-back project in the Campos basin off the coast of Brazil.

about 4 months ago
Ichthys Explorer central processing facility (CPF); Source: Inpex Australia
Business Developments & Projects

Third train on the cards for LNG project, unleashing more Australian gas

A new train is in the pipeline for a liquefied natural gas (LNG) project off the northwest coast of Western Australia (WA), following a recent strategic partnership between Japan’s Inpex and Texas-based Formentera to accelerate development of a project by leveraging U.S. shale technology and experti

about 4 months ago
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