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Business & Finance

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Illustration; Source: QatarEnergy
Business & Finance

TotalEnergies, Petronas, and QatarEnergy set their cap on hydrocarbon exploration off Guyana

Three energy giants – France’s TotalEnergies, Qatar’s state-owned QatarEnergy, and Malaysia’s Petronas – are joining forces to explore the hydrocarbon potential of an offshore block in Guyanese waters.

about 8 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

TGS prolongs geophysical data mission for Somalia’s offshore hydrocarbon basins

Norwegian energy data and intelligence company TGS has struck a deal with the government of Somalia to extend its assignment to market and license offshore geophysical data for the African country’s acreage, said to be among the world’s most under-explored regions.

about 8 months ago
Illustration; Source: ARO Drilling
Business & Finance

Keel laying for third out of 20 planned jack-ups done, with fourth rig in the pipeline

Aside from a deal to build a fourth jack-up in a series of 20 planned newbuild Saudi-operated and manufactured offshore rigs, which has been signed by International Maritime Industries (IMI) and ARO Drilling, a 50/50 joint venture between Valaris and Aramco, a keel laying ceremony has been held for

about 8 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Italy’s Milan-Montalto subsea cable link’s authorization on the cards in mid-2026

Italy’s transmission system operator (TSO) Terna is getting ready to disclose the results of public input on its new project, envisioned to connect Lazio and Lombardy via a route of around 500 kilometers, integrating renewables and increasing energy transport capacity.

about 8 months ago
Illustration; Source: NKT
Business & Finance

NKT widens production capacity at its cable accessories factory in Germany

Danish power cable manufacturer and installation firm NKT has embarked on a mission to expand production capacity at its cable accessories site in Nordenham, Germany, to meet the continued high demand for medium-voltage power cable accessories in Europe.

about 8 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Vår Energi enlists Norwegian firm to support its oil & gas drilling and subsurface activities

Norway’s Well Expertise Consultancy, a subsidiary of Well Expertise, has landed a multi-year deal to provide Vår Energi, an oil and gas operator, with drilling, wells, and subsurface consultants to assist the hydrocarbon player in carrying out onshore and offshore operations on the Norwegian Contine

about 8 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Drydocks World transforms oil tanker into FPSO destined for Nigeria’s oil field

The UAE-headquartered marine and offshore services provider Drydocks World Dubai, a part of DP World, has confirmed a sail-away ceremony for a recently converted floating production, storage, and offloading (FPSO) vessel bound to be deployed at an oil field off the coast of Nigeria, Africa.

about 8 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

TGS’ multi-client 2D-cubed project set to enhance drilling outcomes offshore India

Norwegian energy data and intelligence company TGS has revealed a new multi-client 2D-cubed project off the coast of India’s Andaman region.

about 8 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Canada’s first large-scale export project sends off another LNG cargo

With another liquefied natural gas (LNG) cargo out of the way, LNG Canada, a joint venture company encompassing Shell, Petronas, PetroChina, KOGAS, and Mitsubishi, has reached a new milestone at its giant LNG export terminal in Kitimat, Canada’s British Columbia.

about 8 months ago
LNG tanker (for illustration purposes); Source: U.S. Department of Energy
Business & Finance

US eyes blanket LNG and hydropower authorizations to streamline energy infrastructure permitting

The U.S. Federal Energy Regulatory Commission (FERC) is seeking input on its move to cut the red tape for infrastructure permitting by establishing procedures for blanket authorizations for certain activities at liquefied natural gas (LNG) plants and hydroelectric projects.

about 8 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

North Sea license extension enables more time to revamp field development plan

Ping Petroleum, an independent upstream oil and gas company incorporated in Bermuda, has secured a multi-year license extension for a giant undeveloped North Sea field on the UK Continental Shelf (UKCS).

about 8 months ago
Map showing EGL5; Source: National Grid
Business & Finance

Community input seen as ‘vital’ piece of UK’s next subsea electricity transmission puzzle

Scottish transmission system operator (TSO) SSEN Transmission has sent out an invitation to residents to attend events designed to provide more insight into the plans for the development of the UK’s fifth subsea electricity superhighway project, envisioned to link Scotland and England.

about 8 months ago
Illustration; Source: BOEM
Business & Finance

Big Oil vs climate advocates on US offshore leasing plan: Key to energy security and jobs or coastal economy threat

The Trump administration’s draft five-year offshore leasing plan continues to run the gauntlet of commentators’ reactions, sparking both applause and outrage. While some are calling it vital for national security, energy independence, and job creation, others see it as a major risk that could jeopar

about 8 months ago
Dorian LPG takes over newbuild dual-fuel LPG and ammonia gas carrier
Business & Finance

Aramco splashes $30 billion on 17 more deals with US players

Aramco, Saudi Arabia’s energy heavyweight, has revealed a new batch of multibillion-dollar memoranda of understanding (MoUs) and agreements, encompassing liquefied natural gas (LNG), financial services, advanced materials manufacturing, and procurement of materials and services with U.S. companies s

about 8 months ago
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