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Business Developments & Projects

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Mist rig; Source: Borr Drilling
Business Developments & Projects

With drilling ops underway, first oil from Asian project still in the cards for next quarter

Valeura Energy has kicked off a development drilling campaign at an asset off the coast of Thailand with a jack-up rig owned by Borr Drilling.

about 2 years ago
NG Worker marine survey vessel; Source: EirGrid/RTE
Business Developments & Projects

Offshore cable installation for France-Ireland interconnector on track to kick off next year

The Celtic Interconnector is starting to take shape and the offshore cable installation work is slated to begin in 2025.

about 2 years ago
FPSO Marechal Duque de Caxias; Source: Petrobras
Business Developments & Projects

FPSO comes to Brazilian waters and heads for Petrobras’ third largest oil field

Petrobras has welcomed the arrival of a floating production, storage, and offloading (FPSO) vessel from China to Brazilian waters.

about 2 years ago
Illustration; Source: Pré-Sal Petróleo S.A (PPSA)
Business Developments & Projects

Petrobras taps Seatrium for construction of $8.15 billion FPSO pair

Petrobras has hired Seatrium for the supply of two FPSOs, which will be deployed at its fields off the coast of Brazil.

about 2 years ago
FPSO Triton; Source: Dana Petroleum
Business Developments & Projects

Subsea7’s new multibillion-dollar UK gig brings it more work in North Sea oil & gas arena

Subsea7 has tucked a new assignment in the UK under its belt, which will enable it to work on the development of a field in the North Sea.

about 2 years ago
FPSO Alvheim; Source: Aker BP
Business Developments & Projects

On portfolio optimization quest, Vår Energi offloads stake in North Sea oil field

Vår Energi has set the wheels into motion to sell its interest in a field in the Norwegian sector of the North Sea, operated by Aker BP.

about 2 years ago
JERA launches new company to spur corporate ‘green transformation’
Business Developments & Projects

JERA launches new company to spur corporate ‘green transformation’

JERA has established a new business, JERA Cross, intending to combine the company’s energy, digital and business transformation capabilities to accelerate corporate “green transformation.”

about 2 years ago
Troll A platform; Source: Equinor
Business Developments & Projects

SLB, Subsea7, and Aker Solutions’ JV finds work on $1 billion North Sea gas project

OneSubsea, a joint venture backed by SLB, Aker Solutions, and Subsea7, will work on a project that aims to bolster gas infrastructure at a giant oil and natural gas field in the North Sea.

about 2 years ago
FPSO Carioca MV30; Source: Dalian Cosco Shipping Heavy Industries
Business Developments & Projects

Petrobras sanctions next phase of two oil projects in Brazilian waters

Petrobras has made a final investment decision (FID) to move forward with the second development phase of two oil fields offshore Brazil.

about 2 years ago
MOL
Business Developments & Projects

MOL: 7 new ships to get wind propulsion systems

Japanese shipping company Mitsui O.S.K. Lines (MOL) and its group company MOL Drybulk have decided to install wind propulsion systems including Wind Challenger on a total of seven newbuilding bulk carriers and multi-purpose vessels, which will be operated by MOL Drybulk.

about 2 years ago
Air Liquide
Business Developments & Projects

Air Liquide issues €500 million green bond for sustainable energy projects

Air Liquide has issued a new €500 million green bond to finance or refinance flagship energy transition and sustainable projects, in particular in low-carbon hydrogen, carbon capture and low-carbon air gases.

about 2 years ago
Illustration; Source: National Grid
Business Developments & Projects

Over $76 billion set aside for energy projects across the Atlantic over next five years

National Grid has unveiled its investment plan for the 2024-29 period, earmarking £60 billion (close to $76.5 billion) for energy projects that will step up its decarbonization game and propel the energy transition momentum forward on both sides of the Atlantic Ocean.

about 2 years ago
THREE60 Energy has been hired to supply gantry crane systems to Sumitomo; Source: THREE60 Energy
Business Developments & Projects

Japanese giant hands out another multi-million-pound deal for its power cable factory in Scotland

Sumitomo Electric Industries (SEI) has inked a second multi-million-pound contract with THREE60 Energy for its new power cable factory in Nigg, Scotland.

about 2 years ago
Helix Q7000 light well intervention rig; Source: Helix Energy Solutions
Business Developments & Projects

Helix vessel close to crossing the finish line at decom job offshore Australia

Helix Energy Solutions is drawing to an end its multi-well decommissioning assignment offshore Australia, which is being carried out with its purpose-built DP3 semi-submersible vessel.

about 2 years ago
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