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Business Developments & Projects

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Illustration; Source: Wison New Energies
Business Developments & Projects

Shell’s technology set to enter wider FLNG market through Wison deal

China-based provider of clean energy services Wison New Energies (WNE) has joined forces with the UK-headquartered energy giant Shell to bring the European firm’s liquefaction technology to the wider liquefied natural gas (LNG) market for the first time, strengthening Wison’s floating LNG (FLNG) off

22 days ago
Arctic LNG; Source: Novatek
Business Developments & Projects

Arctic LNG 2 exit ticked off the list: TotalEnergies retains $1.3 billion loan claim

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France’s energy giant TotalEnergies has wrapped up its exit from a Russian liquefied natural gas (LNG) project, giving up its stake but retaining rights to recover around $1.3 billion in shareholder loans, subject to sanctions.

22 days ago
Taiwan-bound subsea construction vessel on its way to Norway for final outfitting
Business Developments & Projects

Taiwan-bound subsea construction vessel on its way to Norway for final outfitting

An offshore subsea construction vessel (OSCV) that Norwegian shipbuilder VARD is building for Taiwan-based Dong Fang Offshore (DFO) has been launched in Romania and will now go to Norway for final outfitting. The 121.3-meter-long vessel of VARD 3 39 design is said to be a highly versatile platform d

22 days ago
Singapore’s Kim Heng to incorporate joint venture company in Korea
Business Developments & Projects

Singapore’s Kim Heng to incorporate joint venture company in Korea

Singapore-headquartered offshore marine service contractor Kim Heng and South Korea’s marine and civil work construction company Heungwoo Industrial have entered into a joint venture agreement (JVA) to incorporate a joint venture (JV) company in Korea. Kim Heng’s 50%-owned subsidiary Thaitan Interna

22 days ago
Uruguay's offshore acreage; Source: Santiago Ferro Castelli, Energy Transition Manager at ANCAP, via LinkedIn
Business Developments & Projects

Eni widens Uruguay offshore presence with new block and first operatorship

Italian energy giant Eni is broadening its offshore footprint in Uruguay by taking operatorship of an exploration block with YPF’s subsidiary, MIWEN, as its partner.

22 days ago
Illustration; Source: Chevron
Business Developments & Projects

Etu Energias strikes $260 million deal with Chevron for Angola’s deepwater block duo

Etu Energias, a privately owned Angolan energy company, has taken steps to increase its stakes in two offshore blocks from Cabinda Gulf Oil Company (CABGOC), a subsidiary of U.S.-headquartered energy giant Chevron, through a deal that will make it the largest interest holder in one of Angola’s longe

22 days ago
SBM Offshore and Solstad’s installation vessel to sport Kongsberg Maritime equipment
Business Developments & Projects

SBM Offshore and Solstad’s installation vessel to sport Kongsberg Maritime equipment

Kongsberg Maritime has secured a contract to supply a fully integrated suite of technology and equipment for an offshore installation vessel being built for the joint venture (JV) of Norwegian Solstad Offshore and Netherlands-based SBM Offshore. Kongsberg Maritime will deliver an advanced deck machi

22 days ago
Illustration of submerged yoke mooring; Source: AFRY
Business Developments & Projects

Swedish firm picks up work for 1.5 GW LNG-to-power project in Southeast Asia

AFRY, a Swedish engineering, design, and advisory company, has secured a key technical advisory role on a liquefied natural gas (LNG) development in Vietnam. The 1.5 GW LNG-to-power project involves an integrated floating LNG (FLNG) terminal and gas-fired power plant, supporting the expansion of LNG

22 days ago
North Cormorant removal campaign with Allseas' vessel; Source: Allseas
Business Developments & Projects

WATCH: Allseas takes 17,200-ton North Sea giant ashore 42 years after first oil

More than four decades after first producing oil, a 17,200-ton North Sea platform has been lifted from its steel jacket in a single operation and loaded aboard a heavy-lift vessel, owned by Switzerland-based offshore contractor Allseas, marking the start of its final journey to shore for dismantling

25 days ago
Map showing location of the Walker Ridge reimaging extension program; Courtesy of Viridien Earth Data
Business Developments & Projects

Viridien’s new reimaging mission bolstering US Gulf exploration drive

France-based geophysical services company Viridien, formerly known as CGG, has launched a new reimaging program in the U.S. Gulf, expanding its Walker Ridge initiative to deliver enhanced seismic insights and support further infrastructure-led exploration in the deepwater region.

25 days ago
Amazon Conqueror; Source: Shearwater
Business Developments & Projects

Shearwater steps up Norwegian multi-client push with new 3D seismic survey

Norwegian marine geoscience and technology company Shearwater GeoServices is set to acquire 3D seismic data over recently awarded and prospective open acreage in the Norwegian Sea by deploying a high-capacity seismic vessel for an approximately seven-week campaign this month.

25 days ago
Central Azeri Patform, Caspian Sea - Petrofac
Business Developments & Projects

BP wraps up Caspian Sea platform turnaround ahead of schedule: Production ramp-up underway

UK-headquartered energy giant BP has finished a multi-day planned turnaround earlier than planned at its platform in the Caspian Sea, with production now growing to pre-maintenance levels.

25 days ago
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Futura combines marine engineering, cable logistics and vessel services
Business Developments & Projects

Futura combines marine engineering, cable logistics and vessel services

The company brings engineering, specialist personnel, equipment and port infrastructure together under one operating model for complex marine and industrial projects. www.futura1994.it Established in 1994 and employing around 100 people, Futura develops and delivers technology-driven solutions and s

25 days ago
Illustration; Source: Technip Energies
Business Developments & Projects

L&T taps Technip Energies for engineering work on ADNOC’s major offshore gas project

France’s engineering player Technip Energies has been hired to provide detailed engineering services for a major offshore gas project being developed by ADNOC Offshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), in the United Arab Emirates (UAE), adding to the French player’s growing ro

25 days ago