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Business Developments & Projects

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FPSO for Eni's African offshore oil and gas project; Source: Wison New Energies
Business Developments & Projects

Chinese player picks up FPSO job for Eni’s African oil & gas project

China-based provider of clean energy services Wison New Energies (WNE) has confirmed a new deal with Italy’s energy giant Eni and Altera Infrastructure for a newbuild floating production, storage, and offloading (FPSO) vessel destined to be deployed at the next phase of an oil and gas development pr

21 days ago
LNG vessel at sea
Business Developments & Projects

ADNOC sets up global LNG marketing and trading platform

United Arab Emirates-headquartered energy heavyweight Abu Dhabi National Oil Company (ADNOC) has brought together liquefied natural gas (LNG) marketing activities of ADNOC Gas and XRG with ADNOC Trading into one integrated commercial platform, a move perceived to create one of the leading global LNG

21 days ago
South Korean ultra-large cable laying vessel enters construction in Türkiye
Business Developments & Projects

South Korean ultra-large cable laying vessel enters construction in Türkiye

Türkiye’s Tersan Shipyard has begun the construction of an ultra-large cable-laying vessel (CLV) for South Korean subsea cable installation company LS Marine Solution. LS Marine Solution signed a contract with Tersan Shipyard for the construction of the vessel in June 2025, representing an investmen

21 days ago
MIP2 project offshore Saudi Arabia; Source: Subsea7
Business Developments & Projects

Seven OPEC+ countries up their oil output ante

While maintaining a cautious approach with flexibility to pause or reverse cuts, seven participating oil-producing OPEC+ countries – Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria, and Oman – have sealed a deal to adjust their production cuts to ensure the stability of oil markets.

21 days ago
Eagle Explorer
Business Developments & Projects

New assignment for Cyprus-flagged vessel, India on schedule

Cyprus-headquartered SeaBird Exploration, a wholly owned subsidiary of SED Energy Holdings, has through its subsidiary secured a contract for a 2D seismic survey offshore India. The company’s Eagle Explorer will begin mobilization in mid-July, with the project expected to keep the vessel utilized th

21 days ago
Deepsea Mira rig; Source: Odjell Drilling
Business Developments & Projects

2018-built rig all done with Shell’s Namibian offshore drilling campaign

A 2018-built semi-submersible rig, owned by Northern Ocean and managed by Odfjell Drilling, has finished its drilling assignment with the UK-headquartered energy giant Shell off the coast of Namibia, Africa.

21 days ago
Boskalis christens ‘industry’s largest’ subsea rock installation vessel
Business Developments & Projects

Boskalis christens ‘industry’s largest’ subsea rock installation vessel

Boskalis has christened its new subsea rock installation (SRI) vessel, described by the company as the largest in the industry, following a year and a half of conversion work. Windpiper, whose purchase Boskalis announced in January 2025, was developed by converting an existing vessel into an SRI ves

21 days ago
Baleine FPSO; Source Altera
Business Developments & Projects

Altera Infrastructure on FPSO duty for Eni’s West African oil & gas project

Italy’s energy giant Eni has tasked Altera Infrastructure with the provision of a newbuild floating production, storage, and offloading (FPSO) vessel for the next phase of its oil and gas development project off the coast of Côte d’Ivoire, West Africa.

24 days ago
Two workers on an offshore platform
Business Developments & Projects

ExxonMobil passes the baton for Australian oil & gas asset to Woodside

Australia’s oil and gas giant Woodside Energy has taken over the operator helm from the Australian subsidiary of U.S.-headquartered energy major ExxonMobil for assets situated off Victoria’s Gippsland coast.

24 days ago
AHTS Skandi Vega; Source: DOF
Business Developments & Projects

DOF’s 2010-built vessel staying longer with Equinor in Norwegian waters

Norway’s state-owned energy giant Equinor has prolonged an assignment, which is being carried out on the Norwegian Continental Shelf (NCS) by one of the anchor handling tug supply (AHTS) vessels owned by DOF Group, a compatriot operator of a fleet of advanced vessels for the energy and marine sector

24 days ago
Texas LNG; Source: Glenfarne
Business Developments & Projects

Texas LNG project’s momentum builds as Kiewit gets go-ahead for early work

Texas LNG Brownsville, part of Glenfarne Group, has given conditional authorization to Kiewit Energy Group (KOS), a construction and engineering services provider, for work on a liquefied natural gas (LNG) export project being developed in the Port of Brownsville, Texas.

24 days ago
Final phase of Cyclades interconnection project crosses finish line
Business Developments & Projects

Final phase of Cyclades interconnection project crosses finish line

The fourth and final phase of the Cyclades interconnection project, which aims to increase the security and reliability of supply in Greece’s island systems, has been completed. Greek electricity grid operator Independent Power Transmission Operator (IPTO) reported that the construction of the South

24 days ago
FPSO Jotun; Source: Vår Energi
Business Developments & Projects

Vår Energi in the clear to fire up sixth chapter of North Sea oil project

Norway’s oil and gas player Vår Energi has received authorization from the country’s authorities to bring online another segment of an oil project in the North Sea off the coast of Norway.

24 days ago
Illustration; Courtesy of Svanehoj
Business Developments & Projects

Drydocks World hires Svanehoj for LNGC-to-FSU conversion job

Denmark-headquartered marine pumps and liquefied gas safety system specialist Svanehoj has received an order to supply LTD gauging systems for a liquefied natural gas (LNG) carrier (LNGC) to floating storage unit (FSU) (LNGC-to-FSU) revamp, strengthening its position in offshore LNG infrastructure a

24 days ago
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