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Business & Finance

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Noble Venturer drillship; Source: Noble Corporation
Business & Finance

One well due online soon as drilling ops start at another with four more to follow suit off Africa

UK-headquartered Tullow Oil, an independent energy company with operations in West Africa, is set on bringing on stream a recently completed well shortly at an oilfield off the coast of Ghana, which was drilled with a drillship owned by Noble Corporation, a U.S.-based offshore drilling giant. The fi

about 8 months ago
CETO Wave Energy Ireland passes halfway mark on EuropeWave payment
Business & Finance
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CETO Wave Energy Ireland passes halfway mark on EuropeWave payment

Carnegie Clean Energy’s wholly owned subsidiary, CETO Wave Energy Ireland, has received two EuropeWave payments totalling €350,643, unlocked by completing several manufacturing deliverables for the ACHIEVE Programme. The payments were received under the EuropeWave Phase 3 Contract, which supports th

about 8 months ago
Northern Lights
Business & Finance

Northern Lights gig lands on ABL’s plate

Oslo-listed global consultancy ABL Group has been hired for work on the second phase of Northern Lights, part of the Longship full-scale carbon capture and storage (CCS) project in Norway.

about 8 months ago
Ocean Infinity set for geophysical survey at UK’s subsea electricity superhighway
Business & Finance

Ocean Infinity set for geophysical survey at UK’s subsea electricity superhighway

Marine robotics company Ocean Infinity is expected to begin a geophysical survey for Eastern Green Link (EGL5), the UK’s fifth subsea electricity superhighway that would connect Scotland and England, in about one week. The marine survey activities are planned to commence on January 12 and to be comp

about 8 months ago
Hail and Ghasha island under construction; Source: ADNOC
Business & Finance

$11 billion financing in place for giant offshore gas project

ADNOC, in partnership with Italy’s Eni and Thailand’s PTT Exploration and Production Public Company (PTTEP), has secured a structured financing transaction of up to $11 billion (AED 40.4 billion) for its multibillion-dollar big sour gas development, which is set on becoming the world’s first project

about 8 months ago
TechnipFMC illustration
Business & Finance

TechnipFMC scores a win with BP offshore US

TechnipFMC has secured an integrated engineering, procurement, construction, and installation (iEPCI) contract by BP for a greenfield development in the Gulf of America (the U.S. Gulf of Mexico). The contract for the 20,000 psi (20K) Tiber project has been defined as large, which TechnipFMC says is

about 8 months ago
Ship-to-ship transfer of ammonia; Source: Exmar
Business & Finance

Exmar wraps up its largest ship-to-ship ammonia transfer (Video)

Belgian shipping company Exmar has finished its largest ship-to-ship (STS) transfer of ammonia to date.

about 8 months ago
Transocean Enabler rig at sea
Business & Finance

Transocean rig pair picks up multimillion-dollar gigs with BP and Equinor

Transocean, an offshore drilling giant, has secured more drilling work for two mobile offshore drilling units (MODUs) off the coasts of Brazil and Norway.

about 8 months ago
South N’dola platform in Angola; Source: Chevron
Business & Finance

Chevron achieves first oil offshore Angola two years after platform construction start-up

Cabinda Gulf Oil Company (CABGOC), a subsidiary of the U.S.-headquartered energy giant Chevron, has put into production mode a new oil platform off the coast of Angola just over two years after construction on the platform began.

about 8 months ago
MoU signing ceremony; Source: Egypt's Ministry of Petroleum and Mineral Resources
Business & Finance

More LNG for Egypt as new deal strengthens energy and gas ties with Qatar

With the aim of bolstering its liquefied natural gas (LNG) arsenal, Egypt has fortified its bonds with Qatar within the energy and natural gas domains through a memorandum of understanding (MoU) between the Egyptian Natural Gas Holding Company (EGAS) and QatarEnergy, the Persian Gulf state’s heavywe

about 8 months ago
Scottish firm to deliver 60-ton subsea structure to Norwegian oil & gas operator
Business & Finance

Scottish firm to deliver 60-ton subsea structure to Norwegian oil & gas operator

Scotland-headquartered engineering and design company T12 Engineering is set to design and manufacture a 60-ton subsea modular structure for a Norwegian oil & gas operator. Under the contract defined as major, T12 Engineering will project manage the engineering, procurement, and construction (EPC) o

about 8 months ago
FLNG MKII design with 3.5 mtpa; Source: Golar LNG
Business & Finance

Chinese firm places order with TMC for Golar’s FLNG

Norway-based TMC Compressors has been tasked with the provision of a complete marine compressed air system for a floating liquefied natural gas (FLNG) facility, which China’s CIMC Raffles is constructing for Golar LNG, the Bermuda-headquartered owner and operator of LNG midstream infrastructure.

about 8 months ago
FPF-1; Source: AF Offshore Decom
Business & Finance

Ithaca Energy books AF Offshore for North Sea decom gig

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

about 8 months ago
DHT Antelope
Business & Finance

DHT Holdings takes delivery of first of four South Korea-made VLCCs

Bermuda-headquartered crude oil tanker company DHT Holdings has taken delivery of the first of four very large crude carriers (VLCCs) being constructed in South Korea. The VLCC DHT Antelope was delivered on January 2 from Hanwha Ocean and is set to enter the spot market. Another vessel is scheduled

about 8 months ago