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Business Developments & Projects

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Jumbo Offshore completes mooring line ops for FPSO Errea Wittu; Source: Jumbo Offshore
Business Developments & Projects

ExxonMobil’s fifth Guyanese project closing in on first oil: FPSO pre-lay mooring done

Jumbo Offshore, a Dutch transportation and installation player, has wrapped up mooring pre-installation activities for a floating production, storage, and offloading (FPSO) unit destined to work on an oil project off the coast of Guyana, which is operated by ExxonMobil Guyana, a subsidiary of the U.

about 7 months ago
China-built methanol dual-fuel container vessel ready for charter with Maersk
Business Developments & Projects
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China-built methanol dual-fuel container vessel ready for charter with Maersk

Japan’s Tsuneishi Shipbuilding has delivered a methanol dual-fuelled container vessel at its shipyard in China that will go on a charter with Denmark-based container shipping giant A.P. Moller – Maersk. The methanol dual-fuelled 5,900 TEU type container carrier was delivered by Tsuneishi Group (Zhou

about 7 months ago
Illustration; Source: Türkiye Petrolleri A.O. (TPAO)
Business Developments & Projects

BP and TPAO seal oil & gas cooperation pact

UK-headquartered energy giant BP has struck a deal with Türkiye‘s national oil and gas giant, Türkiye Petrolleri A.O. (TPAO), to pool resources in the oil and gas exploration and production arena.

about 7 months ago
Illustration; Source: Petronas
Business Developments & Projects

Petronas enlarges oil & gas portfolio with block offshore Oman

PC Oman Ventures Ltd (PCOVL), a wholly-owned subsidiary of Malaysia’s state-owned oil and gas heavyweight Petronas, has signed up for oil and gas exploration in a block off the coast of the Sultanate of Oman through a deal with the country’s government and OQ Exploration and Production Batinah Offsh

about 7 months ago
France plans 250 MW tidal energy rollout by 2030 in new energy strategy
Business Developments & Projects

France plans 250 MW tidal energy rollout by 2030 in new energy strategy

The French Government is planning to have 250 MW of tidal energy capacity awarded by 2030, as part of the third edition of the country’s energy strategy on the way towards carbon neutrality by 2050. The Publication Pluriannuelle de l’Energie (Multiannual Energy Programme (PPE)) includes commercial t

about 7 months ago
FSU Alba; Source: AF Offshore Decom
Business Developments & Projects

Another ‘major’ North Sea decom job comes AF Offshore’s way

AF Offshore Decom (AFOD), a subsidiary of AF Gruppen, has been hired on a new decommissioning project on the UK Continental Shelf (UKCS) by Ithaca Energy, a North Sea oil and gas operator and producer.

about 7 months ago
Cedar LNG; Source: Exmar
Business Developments & Projects

Exmar takes on FLNG gig for $4B hydro-powered floating LNG project in Canada

Belgian shipping company Exmar has landed an assignment for a floating liquefied natural gas (FLNG) unit destined for deployment in the traditional territory of the Haisla Nation, on Canada’s West Coast.

about 7 months ago
Illustration; Source: Europa Oil & Gas
Business Developments & Projects

Farm-out of African oil & gas block awaits regulatory clearance

UK-headquartered and AIM-listed oil and gas company Europa Oil & Gas has reaffirmed that all requirements are out of the way for an extension of a production sharing contract (PSC), covering a block off the coast of Equatorial Guinea. A recently signed farm-out deal for the block is still pending re

about 7 months ago
WATCH: Island Offshore’s hybrid ocean energy construction vessel launches in Romania
Business Developments & Projects

WATCH: Island Offshore’s hybrid ocean energy construction vessel launches in Romania

Norwegian shipbuilder VARD has launched into the water the first of two hybrid power ocean energy construction vessels (OECVs) it is building for compatriot shipping group Island Offshore. The vessel, marked NB 977, touched the water at Vard Shipyards Romania – Brăila on February 9, with outfitting

about 7 months ago
Shelf Drilling Barsk (former Noble Lloyd Noble) jack-up rig; Source: Jamie Baikie/Equinor
Business Developments & Projects

Go-ahead for Equinor to use 2016-built rig at North Sea field

Norway’s state-owned energy giant Equinor has received clearance to deploy a ten-year-old jack-up rig at its offshore field on the Norwegian Continental Shelf (NCS).

about 7 months ago
Hunting strengthens its subsea arsenal with new acquisition
Business Developments & Projects

Hunting strengthens its subsea arsenal with new acquisition

London-headquartered energy services provider Hunting has acquired compatriot Flexible Engineered Solutions (FES), a move made to strengthen its subsea growth and support the company’s 2030 ambitions. FES is based in Ashington and is focused on the design, manufacture, and testing of highly engineer

about 7 months ago
Rendering of Argentina LNG project; Source: YPF
Business Developments & Projects

ADNOC’s XRG widens gas and LNG portfolio with Argentina and Caspian Sea deals

XRG, a subsidiary of Abu Dhabi National Oil Company (ADNOC), which includes Abu Dhabi Development Holding Company (ADQ) and global investment firm Carlyle, has taken steps to expand its footprint by firming up agreements to come aboard a proposed liquefied natural gas (LNG) project in Sierra Grande

about 7 months ago
Illustration; Source: SLB
Business Developments & Projects

SLB lines up offshore drilling work on Asian deepwater gas project

U.S.-headquartered technology player SLB has landed multiple deals for offshore drilling services at a gas development off the coast of Indonesia with the UAE-based Mubadala Energy, a wholly-owned subsidiary of Mubadala Investment Company owned by the government of Abu Dhabi.

about 7 months ago
Alfa Laval-Wallenius Lines JV bags its first order for wind propulsion
Business Developments & Projects

Alfa Laval-Wallenius Lines JV bags its first order for wind propulsion

Oceanbird, a joint venture (JV) between Swedish marine technology company Alfa Laval and shipping company Wallenius Lines, has received its first order for wind propulsion from an undisclosed shipowner. The shipowner placed an order for two Oceanbird Wing 560 wing sails that are contracted for a ret

about 7 months ago