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Business & Finance

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FPSO Goliat; Source: Vår Energi
Business & Finance

Barents Sea oil discovery’s potential strengthened by appraisal ops

Vår Energi, a Norwegian oil and gas operator, has finished drilling an appraisal well related to an oil discovery in the Barents Sea, confirming reservoir quality and adding recoverable volumes.

about 8 months ago
Sunfish 3D reprocessing in Harper Basin; Source: TGS
Business & Finance

TGS’ 3D reprocessing seismic survey setting the stage for oil & gas exploration offshore Liberia

Norwegian energy data and intelligence player TGS has dived into a 3D reprocessing seismic survey in the Harper Basin to enhance hydrocarbon exploration readiness off the coast of Liberia.

about 8 months ago
EU flag; Credit: Adrijana Buljan, Editor-in-Chief at offshoreWIND.biz, Offshore-Energy.biz's sibling site
Business & Finance

Brussels endorses €200 million German scheme for Canadian hydrogen imports to EU

The European Commission (EC) has cleared a €200 million German aid to boost Canadian-produced renewable hydrogen and its derivatives for the European market. This scheme will support the construction of up to 300 MW of electrolysis capacity.

about 8 months ago
Brouwersgracht; Courtesy of Spliethoff
Business & Finance

Spliethoff’s vessel pair coming to support Saipem’s ops at huge gas project in Brazil

Saipem is tasked with a job on a giant natural gas project off the coast of Brazil, where two vessels from the fleet of the Amsterdam-headquartered Spliethoff, a member of the Spliethoff Group, are expected to start their assignments soon.

about 8 months ago
Officials at the Coral Norte FLNG launching ceremony at Samsung Heavy Industries' Geoje Shipyard; Source: SHI
Business & Finance

Eni cheers launch of its Mozambique-bound FLNG at Samsung Heavy Industries’ shipyard

Italy’s energy giant Eni has attended the inauguration ceremony South Korea’s Samsung Heavy Industries (SHI) held for its second floating liquefied natural gas (FLNG) unit, which will be deployed in the supergiant Rovuma basin off the coast of Mozambique, Africa.

about 8 months ago
Eco Wave Power pushes ahead with 1 MW project in Portugal
Business & Finance

Eco Wave Power pushes ahead with 1 MW project in Portugal

Israel-headquartered developer Eco Wave Power is moving forward with the development of its 1 MW wave energy project in Portugal, after wrapping up a wave and loads assessment in cooperation with MetOcean Consult, a Netherlands-based consultancy specializing in independent metocean analysis, environ

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

TotalEnergies and BluEnergies join forces to unlock deepwater fan play offshore Liberia

A Liberian upstream subsidiary of France’s energy giant TotalEnergies (TTE) has struck an industry-standard joint study and application agreement (JSAA) with BluEnergies (BLU), a Canadian-based international oil and gas exploration and development company with a focus on operations in West Africa, t

about 8 months ago
Courtesy of MOL Global Ship Management
Business & Finance

Wärtsilä lines up decade-long deal for 12 LNG vessels with MOL

Wärtsilä has landed a multi-year lifecycle agreement for 12 liquefied natural gas (LNG) carriers (LNGC) with MOL Global Ship Management, a Singapore-based ship management company fully owned by Mitsui O.S.K. Lines (MOL).

about 8 months ago
Woodside
Business & Finance

Multi-year LNG offtake with Japanese player in Woodside’s bag

Woodside Energy Trading Singapore, a subsidiary of Australia’s energy giant Woodside, has sealed a sale and purchase agreement (SPA) with Japan’s JERA for a long-term supply of liquefied natural gas (LNG) during Japan’s peak winter period.

about 8 months ago
Ninian Central platform; Source: CNRI
Business & Finance

Two North Sea oil & gas operators slapped with $469K fine for breaches in UK waters

Given its quest to come to grips with consent breaches on well decommissioning and excessive flaring and venting on the UK Continental Shelf (UKCS), Great Britain’s regulator, North Sea Transition Authority (NSTA), has imposed a penalty of £350,000 (around $469,000) on CNR International and NEO.

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

Nine rigs from Valaris-Aramco JV’s fleet embrace ALTAVE’s AI monitoring solution

ARO Drilling, a 50/50 joint venture between Valaris and Aramco in Saudi Arabia, has made arrangements to equip nine rigs with artificial intelligence (AI) monitoring technology from ALTAVE, a technology player specializing in the development of AI solutions for monitoring and securing complex operat

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

Fresh plug and abandonment gig takes Archer and SLB to Gulf of America

Oslo Stock Exchange-listed oil services company Archer, in collaboration with the U.S.-headquartered technology player SLB, has won a new integrated plug and abandonment (P&A) assignment in the Gulf of America (the U.S. Gulf of Mexico).

about 8 months ago
Courtesy of Diana Shipping
Business & Finance

Greek player’s takeover bid for US dry bulk shipping firm gets shot down

U.S.-based dry bulk shipowner Genco Shipping & Trading has turned down the acquisition offer from Diana Shipping, a Greece-headquartered shipping company.

about 8 months ago
PCTC Grande Manila; Source: Grimaldi Group
Business & Finance

Seventh ammonia-ready vessel joins Grimaldi’s fleet

Italy’s shipping player Grimaldi Group has taken delivery of the seventh ammonia-ready pure car and truck carrier (PCTC), which is already set for its maiden voyage on the Asia–Europe service.

about 8 months ago
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