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Business Developments & Projects

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Business Developments & Projects

Chinese shipbuilder taps GTT for tank design of four LNG carriers

France’s Gaztransport & Technigaz (GTT) is responsible for the tank design of four new liquefied natural gas (LNG) carriers that will be built for UAE-based ADNOC Logistics and Services (ADNOC L&S), the maritime logistics and shipping arm of ADNOC Group.

20 days ago

Business Developments & Projects

UK’s first offshore CCS project enters construction as huge pipelayer arrives on site

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Offshore construction has started for the UK’s first offshore carbon capture and storage (CCS) project as Saipem’s 325-meter-long vessel Castorone arrives in the Southern North Sea to start pipelaying. Developed some 75 kilometers east of Flamborough Head, the Northern Endurance Partnership (NEP) pr

20 days ago

ExxonMobil and Woodside have unlocked additional Gippsland gas, which is set to start flowing from new Turrum wells before winter 2027; Source: ExxonMobil

Business Developments & Projects

Newly drilled wells to boost eastern Australia gas supply before winter 2027

With energy security at the forefront, a A$350 million ($245 million) Gippsland Basin project is moving closer to first gas, with production from new wells expected before winter 2027, supporting additional gas supply for eastern Australia.

20 days ago

Business Developments & Projects

‘Premier integrated offshore services company’ arises as Helix and Hornbeck complete merger

Texas-headquartered offshore energy services provider Helix Energy Solutions and Hornbeck Offshore Services, a Louisiana-headquartered supplier of offshore transport services, have completed their merger, establishing what they describe as a premier integrated offshore services company. As announced

20 days ago

Business Developments & Projects

Subsea7 wins ‘sizeable’ contract for Who Dat project in US

Subsea7 has won a contract with LLOG Exploration, a subsidiary of Harbour Energy, worth between $50 million and $150 million for the Who Dat East development located in the Gulf of America (U.S. Gulf of Mexico). Under the contract that Subsea7 defines as sizeable, the company will fabricate, transpo

20 days ago

First steel cut for Baleine Phase 3 FPSO project; Source: Wison New Energies

Business Developments & Projects

Wison fires starting gun on FPSO fabrication for Eni’s African oil & gas project

China-based energy services provider Wison New Energies (WNE) has confirmed the first steel cut for a newbuild floating production, storage and offloading (FPSO) vessel, destined for deployment at the next phase of a major oil and gas development off the coast of Côte d’Ivoire, operated by Italy’s E

21 days ago

Transocean Equinox, former Songa Equinox; Credit: ALP Maritime

Business Developments & Projects

Transocean rig’s drill bit turns as Amplitude opens new chapter in East Coast gas hunt

Amplitude Energy, an Australian gas production company focused on supplying the Southeast domestic gas market, has begun drilling an exploration well off the coast of Victoria, targeting an estimated 48.8 billion cubic feet (bcf) of prospective gas, as it advances its East Coast Supply Project (ECSP

21 days ago

Business Developments & Projects

Eagle LNG draws $30M Datacentrex bet as US space launch boom accelerates

Eagle LNG Partners, a Florida–based developer and operator of small-scale liquefied natural gas (LNG) infrastructure, has secured a multimillion-dollar investment from Datacentrex, a diversified technology-driven enterprise operating a digital asset mining business across high-growth sectors.

21 days ago

Business Developments & Projects

Two XOCEAN USVs to survey UK’s 2.2 GW link

XOCEAN has been tasked with performing geophysical survey operations, starting this month, for the 2,200 MW Western HVDC Link cable route between Hunterston, Scotland, and the Wirral, England. XOCEAN’s uncrewed survey vessels (USVs) X-05 and X-29 will be used for the geophysical inspection survey of

21 days ago

Shelf Enterprise, formerly known as Maersk Completer, rig; Source: Maersk Drilling (archive), part of Noble

Business Developments & Projects

Valeura fast-tracks Southeast Asian project: First oil now on the cards for early Q2 2027

Canadian oil and gas company Valeura Energy is accelerating the redevelopment of its field in the Gulf of Thailand by bringing the project’s potential first oil forward to the early second quarter of 2027, around two months ahead of its original schedule.

21 days ago

Business Developments & Projects

Jan De Nul’s first XL cable layer on sea trials, second to follow

Jan De Nul’s extra-large cable-laying vessel (CLV) Fleeming Jenkin has started sea trials, soon to be followed by its twin, William Thomson. Jan De Nul placed an order for Fleeming Jenkin at China’s CMHI Haimen shipyard in October 2023, followed by an order for William Thomson in May the following y

21 days ago

A man climbing down a ladder on an offshore platform

Business Developments & Projects

BP beats the clock: Mediterranean gas well comes online two years early

UK-headquartered energy giant BP has added around 80 million cubic feet per day (cf/d) of natural gas to domestic supply from its West Nile Delta (WND) operations, bringing forward production by roughly two years from a development off the Mediterranean coast of northern Egypt, near the Nile Delta a

21 days ago

Business Developments & Projects

Keel laid for Korea’s only specialized HVDC installation vessel

The Tersan Shipyard in Türkiye has laid the keel for the cable-laying vessel (CLV) it is constructing for South Korean subsea cable installation company LS Marine Solution. LS Marine Solution and the shipyard signed a contract for the construction of the vessel in June 2025, followed by the start of

21 days ago

Corpus Christi LNG Stage 3; Source: Cheniere

Business Developments & Projects

Cheniere hits 5,000-cargo mark as project in Texas lifts LNG capacity to 56 mtpa

U.S. energy player Cheniere Energy has reached substantial completion at the third stage of its liquefied natural gas (LNG) project in Texas and exported its 5,000th LNG cargo, marking a major expansion of its U.S. liquefaction capacity and a decade of rapid growth in the global LNG market.

22 days ago