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Business Developments & Projects

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Illustration; Source: Petrobras
Business Developments & Projects

Petrobras enriches oil & gas arsenal with African offshore block

Brazil’s state-owned energy giant Petrobras has expanded its oil and gas portfolio with a new exploration block off the coast of São Tomé and Príncipe, Africa.

about 5 months ago
Energy Savannah, soon to be renamed Astro Atlas; Courtesy of Golden Energy Offshore
Business Developments & Projects

2021-built vessel opens ultra-deepwater market doors for Astro Offshore

Dubai-based offshore vessel operator Astro Offshore, an Adani Group company, has enlarged its fleet with a new multipurpose support vessel (MPSV). This addition is described as the largest vessel in the firm’s fleet.

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about 5 months ago
US company granted offshore wind survey license in Vietnam
Business Developments & Projects

US company granted offshore wind survey license in Vietnam

U.S.-based Pacifico Energy has received a site survey license for a 500 MW offshore wind project in Ba Ria–Vung Tau, offshore Ho Chi Minh City, Vietnam. The license, granted by Vietnam’s Ministry of Agriculture and Environment (MAE), allows the company to carry out site survey assessment activities

about 5 months ago
‘World’s first’: Methane removal system debuts at sea
Business Developments & Projects

‘World’s first’: Methane removal system debuts at sea

A U.S.-UK partnership has launched what is said to be the first-ever pilot project that will see the extended at-sea trial of a system designed to remove methane during normal ship operations. California-headquartered climate technology company Bennu Climate and Lomarlabs, an innovation arm of Lomar

about 5 months ago
Crowley's American Energy, said to be the first U.S. LNG carrier to supply Puerto Rico with U.S.-sourced energy; Source: Crowley
Business Developments & Projects

Vessel brings over half a billion gallons of US LNG to Puerto Rico

A vessel, described as the first U.S.-flagged liquefied natural gas (LNG) carrier dedicated to serving Puerto Rico, has transported more than 500 million gallons to the North American country during its first year of operation, according to Crowley, a U.S.-owned and operated maritime, energy, and lo

about 5 months ago
TGS to support exploration activity in Equatorial Guinea with seismic data
Business Developments & Projects

TGS to support exploration activity in Equatorial Guinea with seismic data

Norwegian energy data and intelligence company TGS has signed a strategic agreement with the Republic of Equatorial Guinea for the acquisition, processing, reprocessing and promotion of seismic and geophysical data across the country’s offshore basins. TGS announced on April 16 that it will deliver

about 5 months ago
Naming Ceremony of Harmonic Breeze LNG carrier; Source: Inpex
Business Developments & Projects

Catching the Harmonic Breeze: Inpex charts LNG fleet’s course with new carrier

Inpex Shipping, a wholly-owned subsidiary of Japan’s Inpex, has sealed a deal with MOL Encean, a subsidiary of Mitsui O.S.K. Lines (MOL), to expand its liquefied natural gas (LNG) fleet with a new vessel for which a naming ceremony has now been held in South Korea.

about 5 months ago
Fugro unveils new ROV test pool in Singapore
Business Developments & Projects

Fugro unveils new ROV test pool in Singapore

Dutch Fugro has opened a new remotely operated vehicle (ROV) test pool in Singapore, which will help its teams identify and resolve technical issues early, validate performance against design requirements, and optimize procedures before mobilization. According to Fugro, the facility provides a contr

about 5 months ago
Deepwater Asgard drillship; Source: Transocean
Business Developments & Projects

Transocean scores 390-day Mediterranean Sea job for 2014-built drillship

Switzerland-based offshore drilling contractor Transocean has won a multimillion-dollar assignment for one of its ultra-deepwater drillships in the Eastern Mediterranean Sea.

about 5 months ago
Shelf Drilling Scepter rig; Source: Shelf Drilling
Business Developments & Projects

ADES gets hold of three new jack-up jobs and rig deal extension in Nigeria

ADES International Holding, a subsidiary of ADES Holding Company, which is part of Saudi Arabia-headquartered ADES Group, has obtained multi-year assignments for three premium jack-up rigs and a contract extension for one drilling unit off the coast of Nigeria.

about 5 months ago
93-meter subsea support vessel stays with Mermaid Subsea Services
Business Developments & Projects

93-meter subsea support vessel stays with Mermaid Subsea Services

Aberdeen-headquartered Mermaid Subsea Services (UK) has further extended its contract with the subsea support vessel Island Valiant, which it has used for North Sea operations for the last three years. Mermaid Subsea Services began using the 93.4-meter-long vessel in 2024 for well plug & abandonment

about 5 months ago
Imabari Logger
Business Developments & Projects

Vessel order change: 4 conventional Ultramax and 6 Handysize newbuildings on shipbuilding menu

Hong Kong-based dry bulk vessel owner and operator Pacific Basin Shipping has opted to make adjustments to its fleet expansion program, replacing its two previous vessel orders to secure six Handysize vessels and four conventional Ultramax newbuilds, with an option to acquire two dual-fuel Ultramax

about 5 months ago
Schottel equips two Spanish hybrid tankers with propulsion
Business Developments & Projects

Schottel equips two Spanish hybrid tankers with propulsion

German propulsion system manufacturer Schottel is set to deliver the propulsion package for a second hybrid chemical tanker owned by Spanish shipowner Mureloil that transports biofuels and methanol. The propulsion is destined for the 8,000 DWT hybrid chemical tanker Bahía Beatriz, built by Spanish s

about 5 months ago
Illustration. Source: BOEM
Business Developments & Projects

Shipyard-based rig intake and inspection gigs on ModuSpec’s worksheet

MR Group’s ModuSpec, a rig and well control equipment specialist, has secured multiple shipyard rig intake projects, supporting drillship and jack-up readiness for deployment across Europe and Africa.

about 5 months ago