Delfin Midstream, a U.S.-based liquefied natural gas (LNG) export infrastructure development company, has agreed to prolong a letter of award (LOA) with South Korea’s Samsung Heavy Industries (SHI) for the job related to the first floating LNG (FLNG) unit destined to be deployed at its American LNG
Israel’s Navitas Petroleum has taken steps to bolster its oil and gas portfolio off the coast of the Falkland Islands with a non-binding deal to get a majority stake in a license within the North Falkland Basin.
Akrake Petroleum, a wholly-owned subsidiary of Lime Petroleum Holding, which is an 89.74% subsidiary of Singapore’s Rex International Holding, is planning to start oil production from an oil field off the coast of Benin by the end of January 2026.
Malaysia’s oil and gas services provider Vantris Energy, formerly known as Sapura Energy, has opted to sell its interest in L&T-Sapura Shipping Pvt. Ltd. (LTSSPL) to its joint venture partner, Larsen & Toubro (L&T).
French provider of tubular solutions Vallourec has secured a new deal with the UK-headquartered energy giant Shell for the supply of oil country tubular goods (OCTG) products and services for offshore operations related to the development of a giant deepwater project off the coast of Brazil.
The transaction marks Enviros’ first European acquisition and strengthens offshore survey and AUV operations worldwide Enviros Group (Enviros) is pleased to announce the acquisition of a majority control stake at Lighthouse S.p.A, a leading offshore survey and geoscience company, headquartered in Bo
OceanMight, a subsidiary of Sarawak-headquartered KKB Engineering, has been tasked with handling a segment of the construction of a fixed offshore structure and host tie-in at a greenfield development (GFD) project off the coast of Malaysia.
Japanese trading company ITOCHU Corporation and shipping major Mitsui O.S.K. Lines (MOL) have signed a memorandum of strategic partnership to advance the use of environmental attribute certificates for decarbonization in the transportation sector. By leveraging their respective strengths and collabo
Saipem’s jack-up rig Perro Negro 7 is set to resume operations in Saudi Arabia this month, after the contract it had secured in 2011 was temporarily suspended in 2024. Saipem won the contract for Perro Negro 7 in 2011 and secured an extension in June 2023 for ten years. The contract was temporarily
France’s TotalEnergies, Italian Eni, and QatarEnergy have signed an agreement with the Lebanese government to enter an exploration permit offshore Lebanon. The consortium’s initial work program on Block 8 consists of the acquisition of a 1,200 km2 3D seismic survey, in order to further assess the ar
Japanese submarine cable installation specialist SEKIKAIJI Industry has purchased a trencher and advanced cable tracker technology from the UK’s subsea technology and services provider SMD, which will be used for the offshore wind market in Japan. The contract includes SMD’s high-power jet trencher
North Sea oil & gas operator and producer Ithaca Energy has exercised the option for Prosafe’s flotel to stay all three remaining weeks at the Captain field in the UK sector of the North Sea. Safe Caledonia’s contract was supposed to keep the vessel at the Captain field until early February 2026, af
Bermuda-based bulk carrier company Himalaya Shipping has secured a new time charter agreement for its LNG dual-fuel 210,000 dwt Newcastlemax vessel, delivered in 2023. The vessel Mount Ita was delivered to Himalaya Shipping from China’s New Times Shipbuilding (NTS) in March 2023 as the second in a s
Equinor has handed out multiple framework agreements to seven Norwegian supplier companies, including Aibel, Aker Solutions, Wood, Rosenberg Worley, Head Energy, Apply, and IKM Gruppen with a total value of around NOK 100 billion (approximately $9.9 billion).
