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Business Developments & Projects

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Illustration; Source: Petrobras
Business Developments & Projects

Petrobras strikes fresh deepwater hydrocarbon discovery in Brazil

Brazilian state-owned energy giant Petrobras has unveiled a new hydrocarbon discovery in the deep waters of the pre-salt Campos Basin off the coast of Brazil.

about 5 months ago
Geotechnical investigations coming up at 1 GW Bowdun offshore wind site
Business Developments & Projects

Geotechnical investigations coming up at 1 GW Bowdun offshore wind site

Geoquip Marine Operations and GEO Denmark are set to start a geotechnical investigation campaign at the Bowdun offshore wind farm site in Scotland, developed by Thistle Wind Partners. Two vessels, Geoquip Seehorn and Geo Connector, will be used to perform the surveys, with the work expected to comme

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about 5 months ago
Deal positions Hong Kong firm as bridge for China’s green methanol exports
Business Developments & Projects

Deal positions Hong Kong firm as bridge for China’s green methanol exports

Hong Kong-headquartered Venture Energy Limited, focused on the procurement and trading of clean fuels, has entered into an agreement with Shanghai Shenji Energy & Environmental Technology for the purchase of green methanol. Under the procurement and supply agreement, Venture Energy will purchase ISC

about 5 months ago
Rig move; Courtesy of ABL Group
Business Developments & Projects

ABL lines up rig moving gig with Egyptian player

ABL, part of Oslo-listed global consultancy group ABL Group, has sealed a rig move pact with Petroleum Marine Services (PMS), Egypt’s offshore construction and services company.

about 5 months ago
FLNG Hilli Episeyo; Source: CoreMarine
Business Developments & Projects

Argentina’s FLNG installation and hook-up in CoreMarine & Jumbo Offshore’s hands

Jumbo Offshore, part of the Jumbo Group, and CoreMarine have been tasked with the transport and installation of the soft-yoke (SSY) mooring systems and hook-up of two floating liquefied natural gas (FLNG) vessels in Argentina’s Golfo San Matías.

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

BP widens its oil & gas horizons in Namibian waters with three blocks

UK-headquartered energy giant BP has expanded its footprint off the coast of Namibia by acquiring three exploration blocks from Eco (Atlantic) Oil & Gas, an AIM-listed and Canada-headquartered oil and gas company focused on the Atlantic Margin.

about 5 months ago
First ROVs deployed from Boskalis’ new remote operations center
Business Developments & Projects

First ROVs deployed from Boskalis’ new remote operations center

Boskalis has marked a milestone from its Remote Operations Center (ROC) in Aberdeen, Scotland, with the first deployment of remotely operated vehicles (ROVs) from the new facility. During the test phase, ROVs underwent a week of intensive trials from Boskalis’ construction support vessel (CSV) BOKA

about 5 months ago
FPSO Energean Power; Source: Energean
Business Developments & Projects

FPSO returns to operation mode in Eastern Mediterranean

London-based oil and gas player Energean has restarted production from a floating production, storage, and offloading (FPSO) vessel deployed at a field off the coast of Israel.

about 5 months ago
Borr Drilling's Arabia I and Arabia II
Business Developments & Projects

Borr Drilling anticipates step-up in rig contracting game

Borr Drilling, an offshore drilling player with its corporate base in Bermuda, has shed light on operational and contracting activities of its fleet, expecting to witness a boost in rig action.

about 5 months ago
30-meter steel suction wing system for oceangoing vessels comes to market
Business Developments & Projects

30-meter steel suction wing system for oceangoing vessels comes to market

Econowind, a Dutch wind-assisted ship propulsion system developer, is targeting the deep-sea market with the launch of a 30-meter steel suction wing system for oceangoing vessels. The 5-series VentoFoil was unveiled last week in Heeg, with the first unit to have its commercial debut this summer with

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

Baker Hughes hauls in $1.45 billion for sale of Waygate Technologies

U.S.-headquartered energy technology giant Baker Hughes has struck a deal to offload Waygate Technologies, part of its Industrial & Energy Technology (IET) segment, to Stockholm-headquartered Hexagon, a measurement technologies player.

about 5 months ago
Petrobras gives out $56 million contract extension to Solstad CSV
Business Developments & Projects

Petrobras gives out $56 million contract extension to Solstad CSV

A construction support vessel (CSV) owned by Solstad Maritime (SOMA) has secured a two-year contract extension worth approximately $56 million with Brazilian oil & gas company Petrobras. As part of the extended contract, the CSV Normand Fortress will provide accommodation services to support product

about 5 months ago
Çağrı Bey seventh-generation ultra-deepwater drillship; Source: Türkiye’s Ministry of Energy and Natural Resources
Business Developments & Projects

Drillship comes to Africa for Türkiye’s first deepwater drilling foray abroad

Türkiye’s Ministry of Energy and Natural Resources has confirmed the arrival of a seventh-generation drillship to Somalia, where it is expected to kick off hydrocarbon offshore exploration activities and spud what is described as the world’s second-deepest offshore well.

about 5 months ago
DS Carolina drillship; Source: Ventura Offshore
Business Developments & Projects

Ventura Offshore’s sixth-gen drillship picks up 135-day extension in Brazil

Brazilian deepwater offshore drilling contractor Ventura Offshore has revealed a contract extension for its sixth-generation ultra-deepwater drillship off the coast of Brazil.

about 5 months ago