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Business Developments & Projects

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Deepwater InstallationFossil EnergyFPSO & VesselsOil & GasProduction & ProcessingSubseaBusiness & FinanceProject & TendersClean FuelLiquefied Natural GasOther FuelsAuthorities & GovernmentRegulation & PolicyRules & RegulationExploration & ProductionAlternative FuelsGreen MarineHydrogenTransport & StorageValleys, Hubs & CorridorsCollaborationEnvironmentInfrastructurePorts & LogisticsTransitionVesselsOutlook & StrategyHuman CapitalDecommissioningSurveys & InterventionsVessels & Vehicles
FPSOs P-84 (Atapu) and P-85 (Sépia) will each have a daily production capacity of 225 thousand barrels of oil per day and processing of 10 million cubic meters of gas per day; Source: Petrobras
Business Developments & Projects

Subsea7 rakes in over $1.25 billion for Brazilian oil & gas job

Luxembourg-domiciled Subsea7 has been tasked with work in the Santos Basin on a field development project, which is described as one of the largest pre‑salt expansion phases off the coast of Brazil.

about 5 months ago
Artist's depiction of Geelong gas terminal
Business Developments & Projects

Australia backs proposed LNG terminal to stave off Victoria’s gas supply crunch

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Australian energy infrastructure player Viva Energy has received federal environmental approval for its proposed liquefied natural gas (LNG) terminal project in Geelong, Australia.

about 5 months ago
An offshore platform
Business Developments & Projects

Gulf of Suez oil output on the rise as new well joins in on the action

The Gulf of Suez Petroleum Company (GUPCO) has started oil production from another well at an offshore field in the Gulf of Suez, further augmenting its oil arsenal off the coast of Egypt.

about 5 months ago
Europe’s cross-border hydrogen network gets a leg up with Dutch and Belgian infrastructure link
Business Developments & Projects

Europe’s cross-border hydrogen network gets a leg up with Dutch and Belgian infrastructure link

Hynetwork, a subsidiary of the Netherlands-based Gasunie, and its Belgian counterpart Fluxys have embarked on a quest for a cross-border hydrogen connection, enabling the Netherlands and Belgium to plug into shared lower-emission power.

about 5 months ago
FPSO Cidade de Campos dos Goytacazes; Source: MODEC
Business Developments & Projects

Petrobras takes back full ownership of Brazilian offshore oil fields

Brazilian state-owned energy giant Petrobras has signed on the dotted line to buy out Petronas Petróleo Brasil Ltda. (PPBL), a subsidiary of Malaysia’s energy giant Petronas, and secure sole ownership of two assets in the Campos Basin off the coast of Brazil.

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

Petronas tasks Petra Energy with work on Malaysian gas project

Petronas Carigali, a subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, has entrusted assignments on its gas project to Petra Resources Sdn. Bhd. (PRSB), a subsidiary of Petra Energy Berhad (PEB).

about 5 months ago
Oxy
Business Developments & Projects

New oil discovery comes to light in Gulf of America

Houston-headquartered energy player Occidental (Oxy) has unveiled a new oil discovery at a prospect in the Gulf of America (U.S. Gulf of Mexico).

about 5 months ago
A man seen from behind looking at the sea
Business Developments & Projects

CB&I all done with acquisition of Petrofac’s Asset Solutions business

CB&I, a designer and builder of storage facilities, tanks, and terminals owned by a consortium of financial investors led by Mason Capital Management, has expanded its service offering with the purchase of Petrofac’s Asset Solutions business, a provider of operations, maintenance and decommissioning

about 5 months ago
Marvel Swallow LNG tanker; Source: Elenger
Business Developments & Projects

European firm lines up five LNG cargos to up gas storage ante

Elenger, Finland’s privately owned energy company by Infortar, has set the wheels in motion to get ready for the next heating season by securing five liquefied natural gas (LNG) cargoes this spring.

about 5 months ago
OneSubsea technology to enable ‘faster production’ at American deepwater field
Business Developments & Projects

OneSubsea technology to enable ‘faster production’ at American deepwater field

Following last month’s contract win in China, OneSubsea, a joint venture backed by SLB, Aker Solutions and Subsea7, has secured a contract with Texas-based Beacon Offshore Energy (BOE) Exploration and Production for a deepwater field in the Gulf of America. Under the contract, OneSubsea will deliver

about 5 months ago
Beryl Alpha in North Sea; Source: APA
Business Developments & Projects

250 North Sea workers to reap benefits from UK union recognition deal

The offshore workers’ voices on the UK Continental Shelf (UKCS) are set to be amplified as Unite, described as Britain’s largest offshore trade union, has secured a new recognition agreement with Apache, a North Sea operator.

about 5 months ago
EnQuest
Business Developments & Projects

Multimillion-dollar fine for EnQuest over 33 idle wells as UK cracks down on decom inactivity

Great Britain’s regulator, North Sea Transition Authority (NSTA), has hit London Stock Exchange-listed energy player EnQuest with a penalty over decommissioning failures related to 33 inactive wells.

about 5 months ago
DeepOcean charters Boskalis’ recently purchased subsea vessel
Business Developments & Projects

DeepOcean charters Boskalis’ recently purchased subsea vessel

DeepOcean has signed an agreement with Boskalis for the charter of a subsea vessel the Dutch company recently purchased from Norwegian vessel operator Sea1 Offshore. Boka Spearfish, to be renamed from Sea1 Spearfish, will join DeepOcean’s fleet of advanced subsea vessels for the remainder of 2026, w

about 5 months ago
Vessel naming ceremony; Source: Exmar
Business Developments & Projects

‘World’s first’ ammonia dual‑fuel vessels get their names as green shipping advances

Belgian shipping company Exmar has unveiled a naming ceremony for two ocean-going ammonia dual fuel midsize gas carriers (MGC), which was held in South Korea.

about 5 months ago