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Business Developments & Projects

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BP and SOCAR boost energy collaboration with new MOU; Source: Meg O'Neill via LinkedIn
Business Developments & Projects

BP and SOCAR fortify energy ties

UK-headquartered energy giant BP and the State Oil Company of the Republic of Azerbaijan (SOCAR) have signed on the dotted line to strengthen their energy bonds.

about 4 months ago
Illustration; Source: Worley
Business Developments & Projects

Worley and Baker Hughes embarking on integrated lower-carbon LNG quest

U.S.-headquartered energy technology giant Baker Hughes and Australia’s engineering player Worley have joined forces to pursue opportunities in the liquefied natural gas (LNG) sector, spurred by rising LNG demand across the globe.

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about 4 months ago
PV Drilling
Business Developments & Projects

Rig job for Southeast Asian development campaign goes to PV Drilling

Vietnam’s Petrovietnam Drilling & Well Service Corporation (PV Drilling) has been hired on a jack-up assignment for a development drilling program at a field off the coast of Vietnam, Southeast Asia.

about 4 months ago
FPSO Johan Castberg; Source: Equinor
Business Developments & Projects

Norwegian oil & gas cash flow surpasses $74 billion as investment bill hits $30.71B

As the Norwegian Continental Shelf (NCS) continues to attract new investments into oil and gas exploration and production (E&P) activities amid the global energy security concerns spurred by the Middle East conflict, Norway has upped its net cash flow ante from the petroleum sector, with billions ad

about 4 months ago
Fugro set for maintenance survey of 40-year-old interconnector
Business Developments & Projects

Fugro set for maintenance survey of 40-year-old interconnector

Fugro is set to deploy its geophysical vessel in a couple of days to carry out a maintenance survey of an interconnector between France and the UK that has been operating since 1986. The 2 GW IFA 2000 high voltage direct current (HVDC) electrical interconnector is approximately 70 kilometers long, w

about 4 months ago
Block 3B/4B; Source: Eco Atlantic
Business Developments & Projects

Uncertainty hovers over South African drilling ops, as oil push hinges on appeals outcome

While a specialist panel is being set up to review appeals, clouds still obscure the exact timing of hydrocarbon exploration activities, which are poised to begin once an environmental go-ahead is in hand, enabling the first well to be spud at an offshore block in South Africa’s Orange Basin.

about 4 months ago
Wave energy prototype makes a splash at BiMEP for technology validation
Business Developments & Projects

Wave energy prototype makes a splash at BiMEP for technology validation

Spain-based consulting, engineering, and architecture services firm IDOM has deployed its prototype wave energy converter (WEC) at the Biscay Marine Energy Platform (BiMEP) as part of the system’s technological validation and to obtain key information for its future scalability. The MARMOK A 5 float

about 4 months ago
ABL lends a hand to Subsea7 offshore Brazil
Business Developments & Projects

ABL lends a hand to Subsea7 offshore Brazil

ABL Energy & Marine Consultants Brasil has been selected for the marine warranty surveyor (MWS) role to support Subsea7 with the transportation and installation of subsea umbilicals, risers, and flowlines (SURF) infrastructure offshore Brazil. The scope will encompass pipelines installed on FPSO Mar

about 4 months ago
TotalEnergies has used Deepsea Mira rig for its drilling activities in Namibia; Source: Odjell Drilling
Business Developments & Projects

TotalEnergies’ 750-million-barrel project offshore Namibia targets first oil in 2030

France-headquartered energy giant TotalEnergies is setting the stage to bring online its deepwater oil discovery in the Orange Basin off the coast of Namibia, as the African country enhances port infrastructure and policy framework ahead of the project launch, which is seen as a growth driver for th

about 4 months ago
FPSO Egina; Source: TotalEnergies
Business Developments & Projects

Big Oil’s offshore drilling plans spotlight West Africa’s deepwater hydrocarbon potential

France-headquartered energy giant TotalEnergies and its U.S.-based peer Chevron have set the wheels in motion to embark on offshore drilling and appraisal activities off the coast of Nigeria in search of more deepwater oil and gas arsenal in West Africa.

about 4 months ago
Two new DNV standards target improved floating solar safety and performance
Business Developments & Projects

Two new DNV standards target improved floating solar safety and performance

DNV has published two new coordinated standards for floating solar photovoltaic (FPV) systems with the aim of improving their safety, reliability, and long-term performance. These two new standards, DNV‑ST‑C108 Structural design of floats for floating photovoltaic systems and DNV‑ST‑E309 Station kee

about 4 months ago
South Korean cable maker buys cable laying vessel from DOF
Business Developments & Projects

South Korean cable maker buys cable laying vessel from DOF

South Korea’s Taihan Cable & Solution has acquired a 2016-built cable laying vessel (CLV) from Norwegian DOF Group, representing the second offshore wind-dedicated CLV introduced in Korea. The 10,000-ton class Skandi Connector was designed by Dutch shipbuilder Damen and has to date been deployed on

about 4 months ago
Rendering of the CP2 LNG facility; Source: Venture Global via LinkedIn
Business Developments & Projects

TotalEnergies and Vitol strike US LNG deals with Venture Global

Venture Global, an American producer of liquefied natural gas (LNG) sourced from North American basins, has sealed two LNG agreements with France’s energy giant TotalEnergies and Vitol, an energy and commodities company.

about 4 months ago
Shell
Business Developments & Projects

Shell entrusted with LNG cargo for Bulgargaz

UK-headquartered energy giant Shell has been chosen to deliver one cargo of liquefied natural gas (LNG) to Türkiye for the needs of Bulgargaz EAD, which is Bulgaria’s public supplier of natural gas and a subsidiary of Bulgarian Energy Holding EAD.

about 4 months ago