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Business Developments & Projects

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UK’s Portland Port approved for LNG ship-to-ship transfers
Business Developments & Projects

UK’s Portland Port approved for LNG ship-to-ship transfers

Portland Port in the UK has received full approval to carry out liquefied natural gas (LNG) ship-to-ship (STS) transfers, adding to its existing oil and liquified petroleum gas (LPG) transfer services. At the port based in South Dorset, STS operations can be performed alongside one of the berths or

about 5 months ago
Oceaneering pilots ROV on Brazilian offshore drilling rig from land
Business Developments & Projects

Oceaneering pilots ROV on Brazilian offshore drilling rig from land

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Oceaneering has performed the first piloting operation of a remotely operated vehicle (ROV) on a drilling rig offshore Brazil from its onshore remote operations center (OROC), for Brazilian oil & gas giant Petrobras. The company’s Subsea Robotics segment and Brazilian subsidiary Marine Production Sy

about 5 months ago
DOF’s subsea vessel completes ‘major’ makeover at VARD
Business Developments & Projects

DOF’s subsea vessel completes ‘major’ makeover at VARD

Norway’s VARD has completed upgrades of DOF Group’s 2018-built subsea vessel Skandi Minder to strengthen its capabilities and extend service life. The repair and conversion described as “major” were performed at Vard Langsten and included a remotely operated vehicle (ROV)/LARS upgrade with installat

about 5 months ago
Illustration; Source: OMV
Business Developments & Projects

BP executive becomes OMV’s first female CEO

Austria-headquartered oil & gas player OMV has appointed BP executive Emma Delaney as its first female chief executive officer (CEO), succeeding Alfred Stern. Delaney has been appointed by OMV‘s Supervisory Board as the Chairwoman of the Executive Board and CEO as of September 1, and will assume the

about 5 months ago
Innovex expands with acquisition of 2013-founded US firm
Business Developments & Projects

Innovex expands with acquisition of 2013-founded US firm

Innovex International, a Houston-based company established in 2024 by the merger of Dril-Quip and Innovex Downhole Solutions, has acquired Louisiana-headquartered Drilling Innovative Solutions (DIS), a manufacturer and distributor of downhole tool products for oil & gas exploration. Innovex said tha

about 5 months ago
Jangkrik-01; Source: Eni
Business Developments & Projects

Huge gas discovery surfaces in Southeast Asian waters

Italy’s energy giant Eni has unveiled a new natural gas discovery off the coast of Indonesia, Southeast Asia. This find is said to confirm the strategic potential of the country’s Kutei Basin, unlocking significant new volumes for domestic and international markets.

about 5 months ago
Hondo platform; Source: Sable Offshore
Business Developments & Projects

Third oil platform offshore California coming online in June

Sable Offshore, a Texas-headquartered oil and gas company, has confirmed the timeline for the restart of production from its third platform off the coast of California.

about 5 months ago
Louisiana LNG
Business Developments & Projects

$17.5 billion LNG project anchored by $1B investment in Louisiana businesses

Australia’s energy giant Woodside has revealed award allocations of over $1 billion to Louisiana suppliers for a liquefied natural gas (LNG) development project in the Pelican State, United States (U.S.).

about 5 months ago
Lloyd’s Register, South Korean uni to set up global certification framework for liquid hydrogen shipping
Business Developments & Projects

Lloyd’s Register, South Korean uni to set up global certification framework for liquid hydrogen shipping

UK-based classification society Lloyd’s Register and South Korea’s Pusan National University (PNU) have signed a memorandum of understanding (MoU) to establish the first-ever global certification framework for liquid hydrogen shipping. The framework aims to create the first internationally recognize

about 5 months ago
Illustration; Source: Jadestone Energy
Business Developments & Projects

Gas sales pact paves the way for Jadestone’s Southeast Asian offshore project

AIM-listed and Singapore-headquartered oil and gas player Jadestone Energy has sealed a deal with PV Gas, a subsidiary of Vietnam’s state-owned national energy group Petrovietnam. This unlocks the doors for the development of gas discoveries off the coast of Vietnam, Southeast Asia.

about 5 months ago
North Sea topside decom ops; Source: Mammoet
Business Developments & Projects

North Sea topside decom ops benefit from integrated load-ins

Netherlands-based heavy lifting and transport provider Mammoet has streamlined two topside decommissioning projects in the North Sea by employing combined planning to curb costs and delivery time.

about 5 months ago
TGS to spend additional three years at Gulf of America job
Business Developments & Projects

TGS to spend additional three years at Gulf of America job

Norway’s energy data and intelligence company TGS has secured an extension to a multi-year ocean bottom node (OBN) acquisition contract in the Gulf of America. The contract has been extended for an additional three-year duration, with a “major producer in the Gulf of America”, TGS said. Kristian Joh

about 5 months ago
After LNG vessel deal, Dubai-based firm orders four new VLGCs to enrich LPG fleet
Business Developments & Projects

After LNG vessel deal, Dubai-based firm orders four new VLGCs to enrich LPG fleet

Dubai-based independent energy and commodities trading group BGN is expanding its liquefied petroleum gas (LPG) fleet capacity with the order for four new dual-fuel very large gas carriers (VLGCs) to be built in Korea. HD Hyundai Heavy Industries (HD HHI) will construct the four VLGCs at its shipyar

about 5 months ago
OKEA
Business Developments & Projects

OKEA sheds its stake in Norwegian gas/condensate discovery

Norway’s oil and gas company OKEA has struck a deal with Japex Norge, a Norwegian subsidiary of Japan Petroleum Exploration (JAPEX), to divest its interest in an offshore gas/condensate discovery on the Norwegian Continental Shelf (NCS).

about 5 months ago